2023
Exports
$117kWorld Rnk 58 / 109
Flag Rnk 1069 / 1188
2023
PRODUCT COMPLEXITY IN Barley
-0.48Rnk 695 / 1025
2023
Imports
$23.3MWorld Rnk 42 / 173
Flag Rnk 764 / 1208
2023
ECONOMIC COMPLEXITY of South Korea
1.85Rnk 4 / 132

About

Exports In 2023, South Korea exported $117k in Barley, making it the 58th largest exporter of Barley in the world. At the same year, Barley was the 1069th most exported product in South Korea. The main destination of Barley exports from South Korea are: United States ($108k), Germany ($3.45k), Singapore ($2.56k), Australia ($1.75k), and Netherlands ($626).

The fastest growing export markets for Barley of South Korea between 2022 and 2023 were United States ($7.94k), Singapore ($1.38k), and Germany ($1.18k).

Imports In 2023, South Korea imported $23.3M in Barley, becoming the 42nd largest importer of Barley in the world. At the same year, Barley was the 764th most imported product in South Korea. South Korea imports Barley primarily from: Australia ($21.6M), United States ($1.62M), Belgium ($38.8k), Canada ($19.9k), and Italy ($11.3k).

The fastest growing import markets in Barley for South Korea between 2022 and 2023 were United States ($475k) and Ireland ($11).

Latest Trends

January 2025

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2024 - January 2025)$1k(6.67%)
IMPORT GROWTH (January 2024 - January 2025)$1.72M(374%)
MAIN DESTINATION (January 2025)United States$11k

This section shows Barley'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 Barley over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$117k
IMPORTS (2023)$23.3M
NET TRADE (2023)-$23.2M

In 2023, South Korea exported $117k in Barley. The main destinations of South Korea exports on Barley were United States ($108k), Germany ($3.45k), Singapore ($2.56k), Australia ($1.75k), and Netherlands ($626).

In 2023, South Korea imported $23.3M in Barley, mainly from Australia ($21.6M), United States ($1.62M), Belgium ($38.8k), Canada ($19.9k), and Italy ($11.3k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Barley EXPORT MARKETS FOR South Korea WERE (2022 - 2023):
United States$7.94k (7.91%)
Singapore$1.38k (117%)
Germany$1.18k (51.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Barley BY South Korea WERE (2022 - 2023):
Canada-$12.6k (-100%)
Cambodia-$8.93k (-100%)
Australia-$6.23k (-78.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, South Korea's main exporting competitors in Barley were:
In 2023, South Korea's main importing competitors in Barley were:

Explore Visualizations

Trade Value of Barley by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $76.9k
TOP IMPORT POTENTIALFrance+ $453k

Barley’s highest export potential is United States. With an export gap of $76.9k.   Barley’s highest import potential is France with an import gap of $453k.

See methodology.

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