Nitric Acids in   South Korea

Overview In February 2024 South Korea's Nitric Acids exports accounted up to $11.7M and imports accounted up to $101k, resulting in a positive trade balance of $11.6M. Between February 2023 and February 2024 the exports of South Korea's   Nitric Acids have decreased by $-3M (-20.4%) from $14.7M to $11.7M, while imports increased by $65k (181%) from $36k to $101k.

Destinations In February 2024, Nitric Acids were exported mostly to Japan ($3.65M), China ($1.79M), Malaysia ($1.54M), India ($1.2M), and Thailand ($897k), and were imported mostly from Japan ($47k), United States ($32k), Chinese Taipei ($19k), Belgium ($2k), and Germany ($1k).

Growth In February 2024, the decrease in Nitric Acids's year-by-year exports was explained primarily by a decrease in exports to Malaysia ($-2.5M or -81.8%), Vietnam ($-469k or -61.9%), and Indonesia ($-309k or -33.9%). In February 2024, the increase in Nitric Acids's year-by-year imports was explained primarily by an increase in imports from Germany ($5k or 50%) and United States ($4k or 100%).