2022
Exports
$1.25MWorld Rnk 18 / 151
Flag Rnk 2907 / 4439
2022
Imports
$13MWorld Rnk 3 / 211
Flag Rnk 2210 / 4519
2022
ECONOMIC COMPLEXITY of South Korea
1.78Rnk 4 / 133

About

The fastest growing export markets for Kitchen chopper, cleavers and mincing knives etc of South Korea between 2021 and 2022 were United States ($137k), Kuwait ($88.8k), and Chinese Taipei ($35.1k).

Imports In 2022, South Korea imported $13M in Kitchen chopper, cleavers and mincing knives etc, becoming the 3rd largest importer of Kitchen chopper, cleavers and mincing knives etc in the world. At the same year, Kitchen chopper, cleavers and mincing knives etc was the 2210th most imported product in South Korea. South Korea imports Kitchen chopper, cleavers and mincing knives etc primarily from: China ($7.78M), Vietnam ($3.81M), Japan ($843k), United States ($196k), and Chinese Taipei ($111k).

The fastest growing import markets in Kitchen chopper, cleavers and mincing knives etc for South Korea between 2021 and 2022 were Vietnam ($1.41M), Italy ($55.4k), and United Kingdom ($34.4k).

COMPANIES In 2023, leading companies such as LG Electronics (46.9k), Samsung (20.7k), and Hankook Tires (4.38k) were at the forefront of shipping Kitchen chopper, cleavers and mincing knives etc from South Korea to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Kitchen chopper, cleavers and mincing knives etc. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.25M
IMPORTS (2022)$13M
NET TRADE (2022)-$11.8M

In 2022, South Korea imported $13M in Kitchen chopper, cleavers and mincing knives etc, mainly from China ($7.78M), Vietnam ($3.81M), Japan ($843k), United States ($196k), and Chinese Taipei ($111k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Kitchen chopper, cleavers and mincing knives etc EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
United States$137k (77.3%)
Kuwait$88.8k (1.51k%)
Chinese Taipei$35.1k (174%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Kitchen chopper, cleavers and mincing knives etc BY South Korea WERE (2021 - 2022):
Japan-$84.5k (-36.3%)
Hong Kong-$50.1k (-50%)
United Arab Emirates-$45.7k (-66.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, South Korea's main exporting competitors in Kitchen chopper, cleavers and mincing knives etc were:
In 2022, South Korea's main importing competitors in Kitchen chopper, cleavers and mincing knives etc were:

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Trade Value of Kitchen chopper, cleavers and mincing knives etc by Exporters

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