2022
Exports
$20.4MWorld Rnk 6 / 43
Flag Rnk 1336 / 4439
falsefalse India
2022
Imports
$78MWorld Rnk 3 / 94
Flag Rnk 877 / 4519
2022
ECONOMIC COMPLEXITY of South Korea
1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $20.4M in Vanadium oxides and hydroxides, making it the 6th largest exporter of Vanadium oxides and hydroxides in the world. At the same year, Vanadium oxides and hydroxides was the 1336th most exported product in South Korea. The main destination of Vanadium oxides and hydroxides exports from South Korea are: India ($9.98M), Japan ($5.7M), Netherlands ($4.39M), China ($332k), and Chinese Taipei ($6.82k).

Imports In 2022, South Korea imported $78M in Vanadium oxides and hydroxides, becoming the 3rd largest importer of Vanadium oxides and hydroxides in the world. At the same year, Vanadium oxides and hydroxides was the 877th most imported product in South Korea. South Korea imports Vanadium oxides and hydroxides primarily from: China ($40M), Brazil ($35.4M), United States ($805k), Japan ($745k), and South Africa ($375k).

The fastest growing import markets in Vanadium oxides and hydroxides for South Korea between 2021 and 2022 were China ($8.47M), United States ($791k), and Chinese Taipei ($298k).

COMPANIES In 2023, leading companies such as LG Electronics (46.9k), Samsung (20.7k), and Hankook Tires (4.38k) were at the forefront of shipping Vanadium oxides and hydroxides from South Korea to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Vanadium oxides and hydroxides. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$20.4M
IMPORTS (2022)$78M
NET TRADE (2022)-$57.6M

In 2022, South Korea exported $20.4M in Vanadium oxides and hydroxides. The main destinations of South Korea exports on Vanadium oxides and hydroxides were India ($9.98M), Japan ($5.7M), Netherlands ($4.39M), China ($332k), and Chinese Taipei ($6.82k).

In 2022, South Korea imported $78M in Vanadium oxides and hydroxides, mainly from China ($40M), Brazil ($35.4M), United States ($805k), Japan ($745k), and South Africa ($375k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, South Korea's main exporting competitors in Vanadium oxides and hydroxides were:
In 2022, South Korea's main importing competitors in Vanadium oxides and hydroxides were:

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Trade Value of Vanadium oxides and hydroxides by Exporters

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