Exports In 2023, South Korea exported $2.64B in Synthetic Rubber, making it the 2nd largest exporter of Synthetic Rubber in the world. At the same year, Synthetic Rubber was the 39th most exported product in South Korea. The main destination of Synthetic Rubber exports from South Korea are: China ($538M), United States ($272M), Malaysia ($267M), India ($251M), and Thailand ($250M).
The fastest growing export markets for Synthetic Rubber of South Korea between 2022 and 2023 were Saudi Arabia ($6.42M), Singapore ($5.56M), and Philippines ($4.44M).
Imports In 2023, South Korea imported $390M in Synthetic Rubber, becoming the 19th largest importer of Synthetic Rubber in the world. At the same year, Synthetic Rubber was the 204th most imported product in South Korea. South Korea imports Synthetic Rubber primarily from: China ($132M), Japan ($71.7M), United States ($46.5M), Singapore ($36.2M), and Germany ($27.9M).
The fastest growing import markets in Synthetic Rubber for South Korea between 2022 and 2023 were China ($31.9M), Poland ($12.6M), and Chinese Taipei ($4.22M).
COMPANIES In 2024, leading companies such as LG Electronics (55), General Motors (31), and Hankook Tires (18) were at the forefront of shipping Synthetic Rubber from South Korea to the United States.