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Pricing

2022
Exports $1.04MWorld Rnk 12 / 102
Flag Rnk 979 / 1204
2022
Destination $223k Japan
2021 - 2022
FASTEST GROWING MARKET $223kVietnam
2022
Imports $3.81MWorld Rnk 9 / 161
Flag Rnk 1050 / 1213
2022
Origin $111k China
2021 - 2022
FASTEST GROWING ORIGIN $111kVietnam
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $1.04M in Artificial Fur, making it the 12th largest exporter of Artificial Fur in the world. At the same year, Artificial Fur was the 979th most exported product in South Korea. The main destination of Artificial Fur exports from South Korea are: Japan ($321k), Vietnam ($300k), Thailand ($166k), China ($93.7k), and Kazakhstan ($42.8k).

The fastest growing export markets for Artificial Fur of South Korea between 2021 and 2022 were Vietnam ($223k), Japan ($107k), and Kazakhstan ($42.8k).

Imports In 2022, South Korea imported $3.81M in Artificial Fur, becoming the 9th largest importer of Artificial Fur in the world. At the same year, Artificial Fur was the 1050th most imported product in South Korea. South Korea imports Artificial Fur primarily from: China ($3.31M), Italy ($146k), France ($118k), Vietnam ($112k), and San Marino ($38.7k).

The fastest growing import markets in Artificial Fur for South Korea between 2021 and 2022 were Vietnam ($111k), France ($97k), and China ($79.1k).

Latest Trends

October 2024

About

Overview In October 2024 South Korea's Artificial Fur exports accounted up to $84k and imports accounted up to $369k, resulting in a negative trade balance of $285k. Between October 2023 and October 2024 the exports of South Korea's   Artificial Fur have decreased by $-10k (-10.6%) from $94k to $84k, while imports decreased by $-408k (-52.5%) from $777k to $369k.

Destinations In October 2024, Artificial Fur were exported mostly to Japan ($50k), China ($29k), Hong Kong ($3k), Thailand ($1k), and United States ($1k), and were imported mostly from Italy ($232k), China ($131k), Lithuania ($3k), Turkey ($1k), and Portugal ($1k).

Growth In October 2024, the decrease in Artificial Fur's year-by-year exports was explained primarily by a decrease in exports to Italy ($-2k or -100%), China ($-1k or -100%), and France ($-1k or -100%). In October 2024, the decrease in Artificial Fur's year-by-year imports was explained primarily by a decrease in imports from China ($-28k or -50.9%), Italy ($-5k or -27.8%), and France ($-1k or -50%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$-10k(-10.6%)
IMPORT GROWTH (October 2023 - October 2024)$-408k(-52.5%)
MAIN DESTINATION (October 2024)Japan$50k

This section shows Artificial Fur'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 Artificial Fur over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.04M
IMPORTS (2022)$3.81M
NET TRADE (2022)-$2.77M

In 2022, South Korea exported $1.04M in Artificial Fur. The main destinations of South Korea exports on Artificial Fur were Japan ($321k), Vietnam ($300k), Thailand ($166k), China ($93.7k), and Kazakhstan ($42.8k).

In 2022, South Korea imported $3.81M in Artificial Fur, mainly from China ($3.31M), Italy ($146k), France ($118k), Vietnam ($112k), and San Marino ($38.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Artificial Fur EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Vietnam$223k (291%)
Japan$107k (50.4%)
Kazakhstan$42.8k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Artificial Fur BY South Korea WERE (2021 - 2022):
China-$1.23M (-92.9%)
Switzerland-$12.2k (-96.2%)
Malaysia-$7k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Artificial Fur were:
China $50.1M
Italy $10.1M
Netherlands $4.96M
In 2022, South Korea's main importing competitors in Artificial Fur were:
Germany $5.67M
United States $5.21M
Japan $5.19M

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Trade Value of Artificial Fur by Exporters

Potential Exports

Potential Exports

Flow
View
N/A
N/AN/A
N/AN/A

Artificial Fur’s highest export potential is N/A. With an export gap of N/A.   Artificial Fur’s highest import potential is N/A with an import gap of N/A.

See methodology.

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