2023
Exports
$202MWorld Rnk 2 / 105
Flag Rnk 247 / 1188
2023
PRODUCT COMPLEXITY IN Sulfuric Acid
-0.24Rnk 631 / 1025
2023
Imports
$731kWorld Rnk 86 / 186
Flag Rnk 1123 / 1208
2023
ECONOMIC COMPLEXITY of South Korea
1.85Rnk 4 / 132

About

Exports In 2023, South Korea exported $202M in Sulfuric Acid, making it the 2nd largest exporter of Sulfuric Acid in the world. At the same year, Sulfuric Acid was the 247th most exported product in South Korea. The main destination of Sulfuric Acid exports from South Korea are: India ($67.2M), Chile ($56.7M), Thailand ($23.6M), Indonesia ($10.4M), and Philippines ($9.58M).

The fastest growing export markets for Sulfuric Acid of South Korea between 2022 and 2023 were Morocco ($7.08M), Indonesia ($5.01M), and Brazil ($898k).

Imports In 2023, South Korea imported $731k in Sulfuric Acid, becoming the 86th largest importer of Sulfuric Acid in the world. At the same year, Sulfuric Acid was the 1123rd most imported product in South Korea. South Korea imports Sulfuric Acid primarily from: Germany ($233k), United States ($177k), Singapore ($99.8k), Chinese Taipei ($99.7k), and Japan ($69.9k).

The fastest growing import markets in Sulfuric Acid for South Korea between 2022 and 2023 were Germany ($127k), Singapore ($85.8k), and Luxembourg ($12.6k).

Latest Trends

December 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$1.39M(31.2%)
IMPORT GROWTH (December 2023 - December 2024)$107k(210%)
MAIN DESTINATION (December 2024)Chile$1.68M

This section shows Sulfuric Acid's exports and imports data at subnational level for South Korea. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Sulfuric Acid over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$202M
IMPORTS (2023)$731k
NET TRADE (2023)$201M

In 2023, South Korea exported $202M in Sulfuric Acid. The main destinations of South Korea exports on Sulfuric Acid were India ($67.2M), Chile ($56.7M), Thailand ($23.6M), Indonesia ($10.4M), and Philippines ($9.58M).

In 2023, South Korea imported $731k in Sulfuric Acid, mainly from Germany ($233k), United States ($177k), Singapore ($99.8k), Chinese Taipei ($99.7k), and Japan ($69.9k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Sulfuric Acid EXPORT MARKETS FOR South Korea WERE (2022 - 2023):
Morocco$7.08M (12.5k%)
Indonesia$5.01M (92.6%)
Brazil$898k (19.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sulfuric Acid BY South Korea WERE (2022 - 2023):
Chile-$60.1M (-51.5%)
India-$32.6M (-32.7%)
Malaysia-$23M (-82.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, South Korea's main exporting competitors in Sulfuric Acid were:
China $186M
In 2023, South Korea's main importing competitors in Sulfuric Acid were:

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Trade Value of Sulfuric Acid by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $6.5M
TOP IMPORT POTENTIALJapan+ $131k

Sulfuric Acid’s highest export potential is United States. With an export gap of $6.5M.   Sulfuric Acid’s highest import potential is Japan with an import gap of $131k.

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