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2022
Exports $75.4MWorld Rnk 8 / 93
Flag Rnk 417 / 1204
2022
Destination $6.84M United States
2021 - 2022
FASTEST GROWING MARKET $6.84MUnited States
2022
PRODUCT COMPLEXITY IN Carboxyimide Compounds1.33Rnk 85 / 1025
2022
Imports $68MWorld Rnk 11 / 184
Flag Rnk 599 / 1213
2022
Origin $2.82M China
2021 - 2022
FASTEST GROWING ORIGIN $2.82MIndia
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $75.4M in Carboxyimide Compounds, making it the 8th largest exporter of Carboxyimide Compounds in the world. At the same year, Carboxyimide Compounds was the 417th most exported product in South Korea. The main destination of Carboxyimide Compounds exports from South Korea are: United States ($23.5M), Netherlands ($9.78M), Chinese Taipei ($7.11M), India ($6.56M), and China ($4.56M).

The fastest growing export markets for Carboxyimide Compounds of South Korea between 2021 and 2022 were United States ($6.84M), Netherlands ($4.77M), and India ($3.1M).

Imports In 2022, South Korea imported $68M in Carboxyimide Compounds, becoming the 11th largest importer of Carboxyimide Compounds in the world. At the same year, Carboxyimide Compounds was the 599th most imported product in South Korea. South Korea imports Carboxyimide Compounds primarily from: China ($26.7M), India ($12.5M), Japan ($9.94M), United States ($6.54M), and Spain ($4.98M).

The fastest growing import markets in Carboxyimide Compounds for South Korea between 2021 and 2022 were India ($2.82M), Spain ($2.46M), and United States ($1.86M).

COMPANIES In 2023, leading companies such as LG Electronics (5) were at the forefront of shipping Carboxyimide Compounds from South Korea to the United States.

Latest Trends

September 2024

About

Overview In September 2024 South Korea's Carboxyimide Compounds exports accounted up to $5.58M and imports accounted up to $5.31M, resulting in a positive trade balance of $272k. Between September 2023 and September 2024 the exports of South Korea's   Carboxyimide Compounds have decreased by $-4.92M (-46.9%) from $10.5M to $5.58M, while imports increased by $478k (9.89%) from $4.83M to $5.31M.

Destinations In September 2024, Carboxyimide Compounds were exported mostly to United States ($1.26M), India ($945k), Chinese Taipei ($585k), Russia ($485k), and Mexico ($467k), and were imported mostly from China ($2.35M), Japan ($954k), India ($750k), United States ($408k), and France ($328k).

Growth In September 2024, the decrease in Carboxyimide Compounds's year-by-year exports was explained primarily by a decrease in exports to United States ($-1.35M or -69.5%), Chinese Taipei ($-389k or -34.6%), and Germany ($-327k or -84.9%). In September 2024, the increase in Carboxyimide Compounds's year-by-year imports was explained primarily by an increase in imports from China ($485k or 16.5%), United States ($148k or 48.4%), and Germany ($29k or 126%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$-4.92M(-46.9%)
IMPORT GROWTH (September 2023 - September 2024)$478k(9.89%)
MAIN DESTINATION (September 2024)United States$1.26M

This section shows Carboxyimide 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 Carboxyimide Compounds over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$75.4M
IMPORTS (2022)$68M
NET TRADE (2022)$7.39M

In 2022, South Korea exported $75.4M in Carboxyimide Compounds. The main destinations of South Korea exports on Carboxyimide Compounds were United States ($23.5M), Netherlands ($9.78M), Chinese Taipei ($7.11M), India ($6.56M), and China ($4.56M).

In 2022, South Korea imported $68M in Carboxyimide Compounds, mainly from China ($26.7M), India ($12.5M), Japan ($9.94M), United States ($6.54M), and Spain ($4.98M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Carboxyimide Compounds EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
United States$6.84M (41.2%)
Netherlands$4.77M (95.2%)
India$3.1M (89.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Carboxyimide Compounds BY South Korea WERE (2021 - 2022):
Ireland-$2.67M (-88.5%)
Chinese Taipei-$947k (-11.8%)
Germany-$247k (-9.56%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Carboxyimide Compounds were:
China $895M
France $334M
India $240M
In 2022, South Korea's main importing competitors in Carboxyimide Compounds were:
United States $383M
China $300M
Germany $166M

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Trade Value of Carboxyimide Compounds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $3.86M
TOP IMPORT POTENTIALChina+ $6.07M

Carboxyimide Compounds’s highest export potential is China. With an export gap of $3.86M.   Carboxyimide Compounds’s highest import potential is China with an import gap of $6.07M.

See methodology.

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