Unprocessed Synthetic Staple Fibers in   South Korea

Overview In July 2024 South Korea's Unprocessed Synthetic Staple Fibers exports accounted up to $70.3M and imports accounted up to $2.93M, resulting in a positive trade balance of $67.4M. Between July 2023 and July 2024 the exports of South Korea's   Unprocessed Synthetic Staple Fibers have decreased by $-4.21M (-5.65%) from $74.5M to $70.3M, while imports decreased by $-506k (-14.7%) from $3.44M to $2.93M.

Destinations In July 2024, Unprocessed Synthetic Staple Fibers were exported mostly to United States ($13M), China ($6.91M), Italy ($5.34M), Japan ($4.84M), and Vietnam ($3.12M), and were imported mostly from China ($1.51M), United States ($614k), Vietnam ($149k), Thailand ($145k), and Japan ($138k).

Growth In July 2024, the decrease in Unprocessed Synthetic Staple Fibers's year-by-year exports was explained primarily by a decrease in exports to United States ($-4.52M or -27.2%), China ($-3.27M or -40.7%), and United Kingdom ($-1.71M or -59.5%). In July 2024, the decrease in Unprocessed Synthetic Staple Fibers's year-by-year imports was explained primarily by a decrease in imports from China ($-704k or -42.3%), Japan ($-674k or -92.8%), and United States ($-302k or -65.4%).