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Exports In 2022, South Korea exported $1.2M in Wood Tar, Oils and Pitch, making it the 16th largest exporter of Wood Tar, Oils and Pitch in the world. At the same year, Wood Tar, Oils and Pitch was the 968th most exported product in South Korea. The main destination of Wood Tar, Oils and Pitch exports from South Korea are: Philippines ($1.13M), Germany ($66.3k), Indonesia ($1.53k), Denmark ($775), and Kazakhstan ($300).

The fastest growing export markets for Wood Tar, Oils and Pitch of South Korea between 2021 and 2022 were Philippines ($477k), Indonesia ($1.53k), and Denmark ($775).

Imports In 2022, South Korea imported $1.49M in Wood Tar, Oils and Pitch, becoming the 13th largest importer of Wood Tar, Oils and Pitch in the world. At the same year, Wood Tar, Oils and Pitch was the 1115th most imported product in South Korea. South Korea imports Wood Tar, Oils and Pitch primarily from: China ($1.26M), India ($102k), United States ($32.8k), Switzerland ($32.6k), and United Kingdom ($24.8k).

The fastest growing import markets in Wood Tar, Oils and Pitch for South Korea between 2021 and 2022 were India ($9.69k), Japan ($2.14k), and Sweden ($1.92k).

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$19k(N/A%)
MAIN DESTINATION (July 2024)Germany$19k

This section shows Wood Tar, Oils and Pitch'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 Wood Tar, Oils and Pitch over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.2M
IMPORTS (2022)$1.49M
NET TRADE (2022)-$288k

In 2022, South Korea exported $1.2M in Wood Tar, Oils and Pitch. The main destinations of South Korea exports on Wood Tar, Oils and Pitch were Philippines ($1.13M), Germany ($66.3k), Indonesia ($1.53k), Denmark ($775), and Kazakhstan ($300).

In 2022, South Korea imported $1.49M in Wood Tar, Oils and Pitch, mainly from China ($1.26M), India ($102k), United States ($32.8k), Switzerland ($32.6k), and United Kingdom ($24.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wood Tar, Oils and Pitch EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Philippines$477k (72.7%)
Indonesia$1.53k (1%)
Denmark$775 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood Tar, Oils and Pitch BY South Korea WERE (2021 - 2022):
Saudi Arabia-$165k (-100%)
Germany-$19k (-22.2%)
South Africa-$761 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Wood Tar, Oils and Pitch were:
In 2022, South Korea's main importing competitors in Wood Tar, Oils and Pitch were:

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Trade Value of Wood Tar, Oils and Pitch by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndonesia+ $1.04k
TOP IMPORT POTENTIALUnited States+ $42.3k

Wood Tar, Oils and Pitch’s highest export potential is Indonesia. With an export gap of $1.04k.   Wood Tar, Oils and Pitch’s highest import potential is United States with an import gap of $42.3k.

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