Other Vegetable Fibers Fabric in South Korea | The Observatory of Economic Complexity

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Exports In 2022, South Korea exported $2.04M in Other Vegetable Fibers Fabric, making it the 11th largest exporter of Other Vegetable Fibers Fabric in the world. At the same year, Other Vegetable Fibers Fabric was the 917th most exported product in South Korea. The main destination of Other Vegetable Fibers Fabric exports from South Korea are: Vietnam ($765k), China ($364k), Indonesia ($228k), Hong Kong ($212k), and Netherlands ($209k).

The fastest growing export markets for Other Vegetable Fibers Fabric of South Korea between 2021 and 2022 were Hong Kong ($197k), Netherlands ($137k), and China ($128k).

Imports In 2022, South Korea imported $18.2M in Other Vegetable Fibers Fabric, becoming the 1st largest importer of Other Vegetable Fibers Fabric in the world. At the same year, Other Vegetable Fibers Fabric was the 840th most imported product in South Korea. South Korea imports Other Vegetable Fibers Fabric primarily from: China ($15.2M), Vietnam ($1.93M), Sri Lanka ($506k), Italy ($352k), and Philippines ($140k).

The fastest growing import markets in Other Vegetable Fibers Fabric for South Korea between 2021 and 2022 were China ($3.1M), Italy ($155k), and Philippines ($21.7k).

COMPANIES In 2023, leading companies such as AT HOME PROCUREMENT INC (52) were at the forefront of shipping Other Vegetable Fibers Fabric from South Korea to the United States.

Latest Trends

February 2024

About

Overview In February 2024 South Korea's Other Vegetable Fibers Fabric exports accounted up to $20k and imports accounted up to $964k, resulting in a negative trade balance of $944k. Between February 2023 and February 2024 the exports of South Korea's Other Vegetable Fibers Fabric have decreased by $-40k (-66.7%) from $60k to $20k, while imports increased by $157k (19.5%) from $807k to $964k.

Destinations In February 2024, Other Vegetable Fibers Fabric were exported mostly to Australia ($12k), Hong Kong ($7k), Vietnam ($1k), China ($0), and Philippines ($0), and were imported mostly from China ($896k), Vietnam ($42k), Philippines ($20k), Spain ($3k), and Italy ($3k).

Growth In February 2024, the decrease in Other Vegetable Fibers Fabric's year-by-year exports was explained primarily by a decrease in exports to Vietnam ($-70k or -90.9%) and Indonesia ($-23k or -100%). In February 2024, the increase in Other Vegetable Fibers Fabric's year-by-year imports was explained primarily by an increase in imports from China ($288k or 20.2%), Philippines ($8k or 47.1%), and Japan ($5k or 100%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$-40k(-66.7%)

IMPORT GROWTH (February 2023 - February 2024)$157k(19.5%)

MAIN DESTINATION (February 2024)Australia$12k

This section shows Other Vegetable Fibers Fabric'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 Other Vegetable Fibers Fabric over time.

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