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2023
Exports $162MWorld Rnk 11 / 112
Flag Rnk 282 / 1188
2023
Destination $896k China
2022 - 2023
FASTEST GROWING MARKET $896kUnited States
2023
PRODUCT COMPLEXITY IN Sulphur-1.91Rnk 991 / 1025
2023
Imports $5.6MWorld Rnk 48 / 164
Flag Rnk 976 / 1208
2023
Origin $622k Japan
2022 - 2023
FASTEST GROWING ORIGIN $622kSpain
2023
ECONOMIC COMPLEXITY of South Korea1.85Rnk 4 / 132

About

Exports In 2023, South Korea exported $162M in Sulphur, making it the 11th largest exporter of Sulphur in the world. At the same year, Sulphur was the 282nd most exported product in South Korea. The main destination of Sulphur exports from South Korea are: China ($114M), Philippines ($14.4M), Indonesia ($11.2M), Brazil ($4.56M), and Thailand ($4.33M).

The fastest growing export markets for Sulphur of South Korea between 2022 and 2023 were United States ($896k), India ($687k), and Spain ($290k).

Imports In 2023, South Korea imported $5.6M in Sulphur, becoming the 48th largest importer of Sulphur in the world. At the same year, Sulphur was the 976th most imported product in South Korea. South Korea imports Sulphur primarily from: Japan ($4.72M), Spain ($701k), Saudi Arabia ($83.6k), China ($28.2k), and United Arab Emirates ($21.9k).

The fastest growing import markets in Sulphur for South Korea between 2022 and 2023 were Spain ($622k), Saudi Arabia ($69.3k), and United States ($18.3k).

Latest Trends

December 2024

About

Overview In December 2024 South Korea's Sulphur exports accounted up to $15.5M and imports accounted up to $11k, resulting in a positive trade balance of $15.5M. Between December 2023 and December 2024 the exports of South Korea's   Sulphur have increased by $7.09M (84.2%) from $8.41M to $15.5M, while imports decreased by $-270k (-96.1%) from $281k to $11k.

Destinations In December 2024, Sulphur were exported mostly to China ($12.7M), Singapore ($601k), Vietnam ($490k), Chinese Taipei ($375k), and Thailand ($346k), and were imported mostly from China ($9k), Japan ($2k), Tanzania ($0), South Africa ($0), and Bangladesh ($0).

Growth In December 2024, the increase in Sulphur's year-by-year exports was explained primarily by an increase in exports to Philippines ($662k or 374%), Thailand ($507k or 290%), and Chinese Taipei ($154k or 1.4k%). In December 2024, the decrease in Sulphur's year-by-year imports was explained primarily by a decrease in imports from Japan ($-1.24M or -97%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$7.09M(84.2%)
IMPORT GROWTH (December 2023 - December 2024)$-270k(-96.1%)
MAIN DESTINATION (December 2024)China$12.7M

This section shows Sulphur'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 Sulphur over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$162M
IMPORTS (2023)$5.6M
NET TRADE (2023)$157M

In 2023, South Korea exported $162M in Sulphur. The main destinations of South Korea exports on Sulphur were China ($114M), Philippines ($14.4M), Indonesia ($11.2M), Brazil ($4.56M), and Thailand ($4.33M).

In 2023, South Korea imported $5.6M in Sulphur, mainly from Japan ($4.72M), Spain ($701k), Saudi Arabia ($83.6k), China ($28.2k), and United Arab Emirates ($21.9k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Sulphur EXPORT MARKETS FOR South Korea WERE (2022 - 2023):
United States$896k (1.87k%)
India$687k (34.4%)
Spain$290k (446%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sulphur BY South Korea WERE (2022 - 2023):
China-$128M (-53%)
Thailand-$14M (-76.3%)
Vietnam-$12.5M (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, South Korea's main exporting competitors in Sulphur were:
United Arab Emirates $852M
Qatar $649M
Canada $467M
In 2023, South Korea's main importing competitors in Sulphur were:
China $1.01B
Morocco $721M
Indonesia $364M

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Trade Value of Sulphur by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndonesia+ $4.18M
TOP IMPORT POTENTIALUnited Arab Emirates+ $268k

Sulphur’s highest export potential is Indonesia. With an export gap of $4.18M.   Sulphur’s highest import potential is United Arab Emirates with an import gap of $268k.

See methodology.

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