Coal Tar Oil in South Korea | The Observatory of Economic Complexity

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Exports In 2022, South Korea exported $1.79B in Coal Tar Oil, making it the 6th largest exporter of Coal Tar Oil in the world. At the same year, Coal Tar Oil was the 60th most exported product in South Korea. The main destination of Coal Tar Oil exports from South Korea are: China ($325M), United States ($300M), India ($223M), Ecuador ($182M), and Singapore ($158M).

The fastest growing export markets for Coal Tar Oil of South Korea between 2021 and 2022 were United States ($261M), India ($92.6M), and Singapore ($67.4M).

Imports In 2022, South Korea imported $1.09B in Coal Tar Oil, becoming the 12th largest importer of Coal Tar Oil in the world. At the same year, Coal Tar Oil was the 95th most imported product in South Korea. South Korea imports Coal Tar Oil primarily from: Japan ($895M), Chinese Taipei ($46.5M), Thailand ($23.2M), Singapore ($20.7M), and China ($20.7M).

The fastest growing import markets in Coal Tar Oil for South Korea between 2021 and 2022 were Chinese Taipei ($38.4M), Japan ($22M), and China ($19.8M).

COMPANIES In 2023, leading companies such as LG ELECTRONICS U.S.A. INC. (890), SCHAEFFLER GROUP USA INC. (145), and THE DOW CHEMICAL COMPANY (78) were at the forefront of shipping Coal Tar Oil from South Korea to the United States.

Latest Trends

February 2024

About

Overview In February 2024 South Korea's Coal Tar Oil exports accounted up to $136M and imports accounted up to $60.2M, resulting in a positive trade balance of $76.2M. Between February 2023 and February 2024 the exports of South Korea's Coal Tar Oil have decreased by $-2.56M (-1.85%) from $139M to $136M, while imports decreased by $-3.43M (-5.39%) from $63.6M to $60.2M.

Destinations In February 2024, Coal Tar Oil were exported mostly to China ($46M), India ($22.2M), Chinese Taipei ($12.1M), Japan ($9.94M), and Canada ($8.52M), and were imported mostly from Japan ($54.1M), Malaysia ($2.46M), Thailand ($1.46M), Russia ($1.12M), and Singapore ($715k).

Growth In February 2024, the decrease in Coal Tar Oil's year-by-year exports was explained primarily by a decrease in exports to Chinese Taipei ($-6.25M or -52.5%), Vietnam ($-2.66M or -75%), and Australia ($-1.52M or -46.9%). In February 2024, the decrease in Coal Tar Oil's year-by-year imports was explained primarily by a decrease in imports from Japan ($-35.7M or -48.4%), Thailand ($-10.7M or -93.6%), and United States ($-1.89M or -99.4%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$-2.56M(-1.85%)

IMPORT GROWTH (February 2023 - February 2024)$-3.43M(-5.39%)

MAIN DESTINATION (February 2024)China$46M

This section shows Coal Tar Oil'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 Coal Tar Oil over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$1.79B

IMPORTS (2022)$1.09B

NET TRADE (2022)$696M

In 2022, South Korea exported $1.79B in Coal Tar Oil. The main destinations of South Korea exports on Coal Tar Oil were China ($325M), United States ($300M), India ($223M), Ecuador ($182M), and Singapore ($158M).

In 2022, South Korea imported $1.09B in Coal Tar Oil, mainly from Japan ($895M), Chinese Taipei ($46.5M), Thailand ($23.2M), Singapore ($20.7M), and China ($20.7M).

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