Barium Sulphate in South Korea | The Observatory of Economic Complexity

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Exports In 2022, South Korea exported $504k in Barium Sulphate, making it the 38th largest exporter of Barium Sulphate in the world. At the same year, Barium Sulphate was the 1038th most exported product in South Korea. The main destination of Barium Sulphate exports from South Korea are: United Kingdom ($137k), Japan ($114k), Vietnam ($114k), Saudi Arabia ($63.4k), and China ($36.2k).

The fastest growing export markets for Barium Sulphate of South Korea between 2021 and 2022 were United Kingdom ($137k), Saudi Arabia ($38.2k), and Turkey ($22.9k).

Imports In 2022, South Korea imported $9.49M in Barium Sulphate, becoming the 21st largest importer of Barium Sulphate in the world. At the same year, Barium Sulphate was the 949th most imported product in South Korea. South Korea imports Barium Sulphate primarily from: China ($9.31M), Thailand ($130k), Spain ($39.6k), Pakistan ($4.97k), and Singapore ($4.35k).

The fastest growing import markets in Barium Sulphate for South Korea between 2021 and 2022 were China ($460k), Thailand ($34.3k), and Spain ($8.23k).

Latest Trends

March 2024

About

Overview In March 2024 South Korea's Barium Sulphate exports accounted up to $48k and imports accounted up to $716k, resulting in a negative trade balance of $668k. Between March 2023 and March 2024 the exports of South Korea's Barium Sulphate have increased by $29k (153%) from $19k to $48k, while imports decreased by $-60k (-7.73%) from $776k to $716k.

Destinations In March 2024, Barium Sulphate were exported mostly to Japan ($13k), Vietnam ($12k), Saudi Arabia ($11k), Thailand ($8k), and China ($4k), and were imported mostly from China ($690k), Thailand ($20k), Spain ($6k), Japan ($0), and Pakistan ($0).

Growth In March 2024, the increase in Barium Sulphate's year-by-year exports was explained primarily by an increase in exports to Vietnam ($13k or 433%) and China ($2k or 100%). In March 2024, the decrease in Barium Sulphate's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - March 2024)$29k(153%)

IMPORT GROWTH (March 2023 - March 2024)$-60k(-7.73%)

MAIN DESTINATION (March 2024)Japan$13k

This section shows Barium Sulphate'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 Barium Sulphate over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$504k

IMPORTS (2022)$9.49M

NET TRADE (2022)-$8.99M

In 2022, South Korea exported $504k in Barium Sulphate. The main destinations of South Korea exports on Barium Sulphate were United Kingdom ($137k), Japan ($114k), Vietnam ($114k), Saudi Arabia ($63.4k), and China ($36.2k).

In 2022, South Korea imported $9.49M in Barium Sulphate, mainly from China ($9.31M), Thailand ($130k), Spain ($39.6k), Pakistan ($4.97k), and Singapore ($4.35k).

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