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2022
Exports $290MWorld Rnk 9 / 117
Flag Rnk 221 / 1204
2022
Destination $76.5M China
2021 - 2022
FASTEST GROWING MARKET $76.5MChina
2022
PRODUCT COMPLEXITY IN Sulphur-1.91Rnk 989 / 1025
2022
Imports $24.8MWorld Rnk 40 / 165
Flag Rnk 803 / 1213
2022
Origin $16.7M Japan
2021 - 2022
FASTEST GROWING ORIGIN $16.7MJapan
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $290M in Sulphur, making it the 9th largest exporter of Sulphur in the world. At the same year, Sulphur was the 221st most exported product in South Korea. The main destination of Sulphur exports from South Korea are: China ($217M), Thailand ($15.5M), Philippines ($15.3M), Vietnam ($10.7M), and Indonesia ($10.7M).

The fastest growing export markets for Sulphur of South Korea between 2021 and 2022 were China ($76.5M), Philippines ($6.56M), and Vietnam ($4.23M).

Imports In 2022, South Korea imported $24.8M in Sulphur, becoming the 40th largest importer of Sulphur in the world. At the same year, Sulphur was the 803rd most imported product in South Korea. South Korea imports Sulphur primarily from: Japan ($24M), Spain ($412k), Greece ($59.9k), United Arab Emirates ($56.4k), and Australia ($55.3k).

The fastest growing import markets in Sulphur for South Korea between 2021 and 2022 were Japan ($16.7M), Spain ($131k), and Greece ($59.9k).

Latest Trends

September 2024

About

Overview In September 2024 South Korea's Sulphur exports accounted up to $11.2M and imports accounted up to $105k, resulting in a positive trade balance of $11M. Between September 2023 and September 2024 the exports of South Korea's   Sulphur have increased by $2.74M (32.6%) from $8.41M to $11.2M, while imports decreased by $-25k (-19.2%) from $130k to $105k.

Destinations In September 2024, Sulphur were exported mostly to China ($8.38M), Thailand ($559k), Indonesia ($456k), Vietnam ($456k), and Philippines ($329k), and were imported mostly from Japan ($93k), China ($7k), Saudi Arabia ($5k), Ghana ($0), and Tanzania ($0).

Growth In September 2024, the increase in Sulphur's year-by-year exports was explained primarily by an increase in exports to India ($778k or 4.86k%), Singapore ($39k or 31.7%), and Australia ($9k or 81.8%). In September 2024, the decrease in Sulphur's year-by-year imports was explained primarily by a decrease in imports from India ($-70k or -100%), Japan ($-17k or -1.31%), and China ($-11k or -100%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$2.74M(32.6%)
IMPORT GROWTH (September 2023 - September 2024)$-25k(-19.2%)
MAIN DESTINATION (September 2024)China$8.38M

This section shows Sulphur'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 Sulphur over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$290M
IMPORTS (2022)$24.8M
NET TRADE (2022)$265M

In 2022, South Korea exported $290M in Sulphur. The main destinations of South Korea exports on Sulphur were China ($217M), Thailand ($15.5M), Philippines ($15.3M), Vietnam ($10.7M), and Indonesia ($10.7M).

In 2022, South Korea imported $24.8M in Sulphur, mainly from Japan ($24M), Spain ($412k), Greece ($59.9k), United Arab Emirates ($56.4k), and Australia ($55.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Sulphur EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
China$76.5M (54.3%)
Philippines$6.56M (75%)
Vietnam$4.23M (64.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sulphur BY South Korea WERE (2021 - 2022):
Chinese Taipei-$1.88M (-37.5%)
Japan-$394k (-27%)
Spain-$158k (-74.3%)
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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 Sulphur were:
Qatar $1.64B
United Arab Emirates $1.58B
Kazakhstan $860M
In 2022, South Korea's main importing competitors in Sulphur were:
China $1.93B
Morocco $1.53B
Democratic Republic of the Congo $979M

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Trade Value of Sulphur by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndonesia+ $4.18M
TOP IMPORT POTENTIALUnited Arab Emirates+ $268k

Sulphur’s highest export potential is Indonesia. With an export gap of $4.18M.   Sulphur’s highest import potential is United Arab Emirates with an import gap of $268k.

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