2022
Exports
$58.6kWorld Rnk 86 / 135
Flag Rnk 3968 / 4439
2022
Imports
$1.49MWorld Rnk 35 / 218
Flag Rnk 3618 / 4519
2022
ECONOMIC COMPLEXITY of South Korea
1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $58.6k in Baking powders, prepared, making it the 86th largest exporter of Baking powders, prepared in the world. At the same year, Baking powders, prepared was the 3968th most exported product in South Korea. The main destination of Baking powders, prepared exports from South Korea are: China ($17.5k), Malaysia ($6.68k), Hong Kong ($3.56k), United States ($3.01k), and Australia ($2.95k).

The fastest growing export markets for Baking powders, prepared of South Korea between 2021 and 2022 were China ($5.98k), Malaysia ($4.14k), and Hong Kong ($3.53k).

Imports In 2022, South Korea imported $1.49M in Baking powders, prepared, becoming the 35th largest importer of Baking powders, prepared in the world. At the same year, Baking powders, prepared was the 3618th most imported product in South Korea. South Korea imports Baking powders, prepared primarily from: China ($1.37M), United Kingdom ($46.5k), Japan ($23k), United States ($17.7k), and Thailand ($10.9k).

The fastest growing import markets in Baking powders, prepared for South Korea between 2021 and 2022 were China ($425k), United Kingdom ($21.9k), and Thailand ($9.57k).

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 Baking powders, prepared 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 Baking powders, prepared. 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)$58.6k
IMPORTS (2022)$1.49M
NET TRADE (2022)-$1.43M

In 2022, South Korea exported $58.6k in Baking powders, prepared. The main destinations of South Korea exports on Baking powders, prepared were China ($17.5k), Malaysia ($6.68k), Hong Kong ($3.56k), United States ($3.01k), and Australia ($2.95k).

In 2022, South Korea imported $1.49M in Baking powders, prepared, mainly from China ($1.37M), United Kingdom ($46.5k), Japan ($23k), United States ($17.7k), and Thailand ($10.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Baking powders, prepared EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
China$5.98k (51.8%)
Malaysia$4.14k (163%)
Hong Kong$3.53k (13.1k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Baking powders, prepared BY South Korea WERE (2021 - 2022):
Pakistan-$9.3k (-100%)
Haiti-$7.23k (-99.1%)
Vietnam-$5.92k (-73.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, South Korea's main exporting competitors in Baking powders, prepared were:
In 2022, South Korea's main importing competitors in Baking powders, prepared were:

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Trade Value of Baking powders, prepared by Exporters

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