Oxygen Amino Compounds in South Korea | The Observatory of Economic Complexity

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Exports In 2022, South Korea exported $273M in Oxygen Amino Compounds, making it the 17th largest exporter of Oxygen Amino Compounds in the world. At the same year, Oxygen Amino Compounds was the 234th most exported product in South Korea. The main destination of Oxygen Amino Compounds exports from South Korea are: Netherlands ($40.3M), Germany ($27.5M), France ($22.4M), Spain ($22.1M), and India ($20.9M).

The fastest growing export markets for Oxygen Amino Compounds of South Korea between 2021 and 2022 were Germany ($16.6M), France ($15M), and Netherlands ($11.3M).

Imports In 2022, South Korea imported $506M in Oxygen Amino Compounds, becoming the 10th largest importer of Oxygen Amino Compounds in the world. At the same year, Oxygen Amino Compounds was the 189th most imported product in South Korea. South Korea imports Oxygen Amino Compounds primarily from: China ($254M), Indonesia ($65.3M), United States ($50.1M), Germany ($34.7M), and Japan ($32.1M).

The fastest growing import markets in Oxygen Amino Compounds for South Korea between 2021 and 2022 were China ($22.8M), Indonesia ($19.7M), and United States ($10.3M).

COMPANIES In 2023, leading companies such as LG ELECTRONICS USA (45), SAMSUNG ELECTORNICS AMERICA, INC. (18), and TESLA, INC. (14) were at the forefront of shipping Oxygen Amino Compounds from South Korea to the United States.

Latest Trends

March 2024

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Overview In March 2024 South Korea's Oxygen Amino Compounds exports accounted up to $18.4M and imports accounted up to $44.8M, resulting in a negative trade balance of $26.4M. Between March 2023 and March 2024 the exports of South Korea's Oxygen Amino Compounds have increased by $7.47M (68.1%) from $11M to $18.4M, while imports increased by $3.59M (8.71%) from $41.2M to $44.8M.

Destinations In March 2024, Oxygen Amino Compounds were exported mostly to Netherlands ($4.78M), Germany ($2.1M), Spain ($1.89M), France ($1.82M), and United States ($1.37M), and were imported mostly from China ($26.3M), Indonesia ($5.1M), United States ($3.22M), India ($2.22M), and Saudi Arabia ($1.74M).

Growth In March 2024, the increase in Oxygen Amino Compounds's year-by-year exports was explained primarily by an increase in exports to Belgium ($213k or 46.6%), Portugal ($197k or 181%), and Germany ($161k or 12.9%). In March 2024, the increase in Oxygen Amino Compounds's year-by-year imports was explained primarily by an increase in imports from United States ($1.75M or 67.4%), Sweden ($444k or 694%), and Germany ($442k or 25.7%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - March 2024)$7.47M(68.1%)

IMPORT GROWTH (March 2023 - March 2024)$3.59M(8.71%)

MAIN DESTINATION (March 2024)Netherlands$4.78M

This section shows Oxygen Amino 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 Oxygen Amino Compounds over time.

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