Sign In
Pricing

2022
Exports $1.21BWorld Rnk 6 / 158
Flag Rnk 85 / 1204
2022
Destination $26.1M China
2021 - 2022
FASTEST GROWING MARKET $26.1MIndia
2022
PRODUCT COMPLEXITY IN Amino-resins1.18Rnk 111 / 1025
2022
Imports $426MWorld Rnk 17 / 215
Flag Rnk 215 / 1213
2022
Origin $5.12M China
2021 - 2022
FASTEST GROWING ORIGIN $5.12MPortugal
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $1.21B in Amino-resins, making it the 6th largest exporter of Amino-resins in the world. At the same year, Amino-resins was the 85th most exported product in South Korea. The main destination of Amino-resins exports from South Korea are: China ($309M), India ($124M), Vietnam ($122M), United States ($89.7M), and Turkey ($58.3M).

The fastest growing export markets for Amino-resins of South Korea between 2021 and 2022 were India ($26.1M), United Arab Emirates ($5.83M), and United States ($5.5M).

Imports In 2022, South Korea imported $426M in Amino-resins, becoming the 17th largest importer of Amino-resins in the world. At the same year, Amino-resins was the 215th most imported product in South Korea. South Korea imports Amino-resins primarily from: China ($230M), Japan ($38.8M), Germany ($33.1M), Saudi Arabia ($27.9M), and United States ($18.4M).

The fastest growing import markets in Amino-resins for South Korea between 2021 and 2022 were Portugal ($5.12M), Vietnam ($1.83M), and China ($1.67M).

COMPANIES In 2023, leading companies such as Continental Tire (12), Hankook Tires (4), and Direct Link (2) were at the forefront of shipping Amino-resins from South Korea to the United States.

Latest Trends

September 2024

About

Overview In September 2024 South Korea's Amino-resins exports accounted up to $98M and imports accounted up to $29.2M, resulting in a positive trade balance of $68.9M. Between September 2023 and September 2024 the exports of South Korea's   Amino-resins have increased by $24.7M (33.6%) from $73.4M to $98M, while imports decreased by $-3.79M (-11.5%) from $33M to $29.2M.

Destinations In September 2024, Amino-resins were exported mostly to China ($22.4M), India ($18.4M), Vietnam ($7.48M), Belgium ($5.32M), and Indonesia ($4.79M), and were imported mostly from China ($15.3M), Germany ($3.45M), Japan ($3.45M), Chinese Taipei ($1.36M), and United States ($1.18M).

Growth In September 2024, the increase in Amino-resins's year-by-year exports was explained primarily by an increase in exports to France ($1.93M or 133%), United Kingdom ($1.5M or 260%), and Germany ($940k or 127%). In September 2024, the decrease in Amino-resins's year-by-year imports was explained primarily by a decrease in imports from Chinese Taipei ($-1.33M or -55.3%), Germany ($-834k or -28.1%), and Japan ($-451k or -13.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$24.7M(33.6%)
IMPORT GROWTH (September 2023 - September 2024)$-3.79M(-11.5%)
MAIN DESTINATION (September 2024)China$22.4M

This section shows Amino-resins'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 Amino-resins over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$1.21B
IMPORTS (2022)$426M
NET TRADE (2022)$787M

In 2022, South Korea exported $1.21B in Amino-resins. The main destinations of South Korea exports on Amino-resins were China ($309M), India ($124M), Vietnam ($122M), United States ($89.7M), and Turkey ($58.3M).

In 2022, South Korea imported $426M in Amino-resins, mainly from China ($230M), Japan ($38.8M), Germany ($33.1M), Saudi Arabia ($27.9M), and United States ($18.4M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Amino-resins EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
India$26.1M (26.5%)
United Arab Emirates$5.83M (46.3%)
United States$5.5M (6.54%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Amino-resins BY South Korea WERE (2021 - 2022):
China-$40.5M (-11.6%)
France-$10M (-33.7%)
Mexico-$8.1M (-26.7%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Amino-resins were:
Germany $3.83B
China $3.81B
Belgium $2.23B
In 2022, South Korea's main importing competitors in Amino-resins were:
China $1.8B
United States $1.72B
Germany $1.69B

Explore Visualizations

Trade Value of Amino-resins by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $29.5M
TOP IMPORT POTENTIALChina+ $25.2M

Amino-resins’s highest export potential is China. With an export gap of $29.5M.   Amino-resins’s highest import potential is China with an import gap of $25.2M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms