2022
Exports
$203MWorld Rnk 12 / 111
Flag Rnk 276 / 1204
2022
PRODUCT COMPLEXITY IN Amine Compounds
1.07Rnk 147 / 1025
2022
Imports
$805MWorld Rnk 5 / 188
Flag Rnk 138 / 1213
2022
ECONOMIC COMPLEXITY of South Korea
1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $203M in Amine Compounds, making it the 12th largest exporter of Amine Compounds in the world. At the same year, Amine Compounds was the 276th most exported product in South Korea. The main destination of Amine Compounds exports from South Korea are: United States ($37.5M), China ($36.3M), Japan ($20.1M), Chinese Taipei ($19.1M), and India ($16.1M).

The fastest growing export markets for Amine Compounds of South Korea between 2021 and 2022 were Chinese Taipei ($17.2M), United States ($8.46M), and Japan ($5.45M).

Imports In 2022, South Korea imported $805M in Amine Compounds, becoming the 5th largest importer of Amine Compounds in the world. At the same year, Amine Compounds was the 138th most imported product in South Korea. South Korea imports Amine Compounds primarily from: China ($306M), United States ($206M), Germany ($136M), Japan ($50.1M), and Belgium ($34M).

The fastest growing import markets in Amine Compounds for South Korea between 2021 and 2022 were United States ($48M), Japan ($7.11M), and Germany ($6.14M).

COMPANIES In 2023, leading companies such as LG Electronics (581), Samsung (80), and Tesla (55) were at the forefront of shipping Amine Compounds from South Korea to the United States.

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-1.66M(-9.11%)
IMPORT GROWTH (July 2023 - July 2024)$11.7M(27.2%)
MAIN DESTINATION (July 2024)China$5.83M

This section shows Amine Compounds'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 Amine Compounds over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$203M
IMPORTS (2022)$805M
NET TRADE (2022)-$602M

In 2022, South Korea exported $203M in Amine Compounds. The main destinations of South Korea exports on Amine Compounds were United States ($37.5M), China ($36.3M), Japan ($20.1M), Chinese Taipei ($19.1M), and India ($16.1M).

In 2022, South Korea imported $805M in Amine Compounds, mainly from China ($306M), United States ($206M), Germany ($136M), Japan ($50.1M), and Belgium ($34M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Amine Compounds EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Chinese Taipei$17.2M (886%)
United States$8.46M (29.2%)
Japan$5.45M (37.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Amine Compounds BY South Korea WERE (2021 - 2022):
China-$45.5M (-55.6%)
Mexico-$2.85M (-94.4%)
Brazil-$2.08M (-53.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Amine Compounds were:
In 2022, South Korea's main importing competitors in Amine Compounds were:

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Trade Value of Amine Compounds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $11M
TOP IMPORT POTENTIALChina+ $29.4M

Amine Compounds’s highest export potential is China. With an export gap of $11M.   Amine Compounds’s highest import potential is China with an import gap of $29.4M.

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