2023
Exports
$715MWorld Rnk 10 / 146
Flag Rnk 119 / 1188
2023
PRODUCT COMPLEXITY IN Vinyl Chloride Polymers
0.56Rnk 342 / 1025
2023
Imports
$514MWorld Rnk 15 / 205
Flag Rnk 159 / 1208
2023
ECONOMIC COMPLEXITY of South Korea
1.85Rnk 4 / 132

About

Exports In 2023, South Korea exported $715M in Vinyl Chloride Polymers, making it the 10th largest exporter of Vinyl Chloride Polymers in the world. At the same year, Vinyl Chloride Polymers was the 119th most exported product in South Korea. The main destination of Vinyl Chloride Polymers exports from South Korea are: India ($314M), Turkey ($86.7M), China ($55.5M), Poland ($50.2M), and Nigeria ($19.7M).

The fastest growing export markets for Vinyl Chloride Polymers of South Korea between 2022 and 2023 were Poland ($27.3M), India ($8.22M), and Italy ($6.23M).

Imports In 2023, South Korea imported $514M in Vinyl Chloride Polymers, becoming the 15th largest importer of Vinyl Chloride Polymers in the world. At the same year, Vinyl Chloride Polymers was the 159th most imported product in South Korea. South Korea imports Vinyl Chloride Polymers primarily from: China ($146M), Japan ($94.3M), Italy ($86.8M), United States ($76.5M), and France ($36.9M).

The fastest growing import markets in Vinyl Chloride Polymers for South Korea between 2022 and 2023 were Italy ($66.8M), United States ($15.5M), and Netherlands ($2.74M).

Latest Trends

December 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$-10.8M(-18.4%)
IMPORT GROWTH (December 2023 - December 2024)$259k(0.81%)
MAIN DESTINATION (December 2024)India$21.7M

This section shows Vinyl Chloride Polymers'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 Vinyl Chloride Polymers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$715M
IMPORTS (2023)$514M
NET TRADE (2023)$202M

In 2023, South Korea exported $715M in Vinyl Chloride Polymers. The main destinations of South Korea exports on Vinyl Chloride Polymers were India ($314M), Turkey ($86.7M), China ($55.5M), Poland ($50.2M), and Nigeria ($19.7M).

In 2023, South Korea imported $514M in Vinyl Chloride Polymers, mainly from China ($146M), Japan ($94.3M), Italy ($86.8M), United States ($76.5M), and France ($36.9M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Vinyl Chloride Polymers EXPORT MARKETS FOR South Korea WERE (2022 - 2023):
Poland$27.3M (120%)
India$8.22M (2.69%)
Italy$6.23M (129%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vinyl Chloride Polymers BY South Korea WERE (2022 - 2023):
Vietnam-$53.9M (-100%)
Egypt-$40.1M (-86.5%)
Turkey-$34.4M (-28.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, South Korea's main exporting competitors in Vinyl Chloride Polymers were:
In 2023, South Korea's main importing competitors in Vinyl Chloride Polymers were:

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Trade Value of Vinyl Chloride Polymers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $39.8M
TOP IMPORT POTENTIALChina+ $38.6M

Vinyl Chloride Polymers’s highest export potential is China. With an export gap of $39.8M.   Vinyl Chloride Polymers’s highest import potential is China with an import gap of $38.6M.

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