2023
Exports
$79.5MWorld Rnk 25 / 189
Flag Rnk 368 / 1188
2023
PRODUCT COMPLEXITY IN Beer
-0.37Rnk 661 / 1025
2023
Imports
$215MWorld Rnk 14 / 226
Flag Rnk 296 / 1208
2023
ECONOMIC COMPLEXITY of South Korea
1.85Rnk 4 / 132

About

Exports In 2023, South Korea exported $79.5M in Beer, making it the 25th largest exporter of Beer in the world. At the same year, Beer was the 368th most exported product in South Korea. The main destination of Beer exports from South Korea are: Hong Kong ($39.6M), Japan ($13.9M), United States ($9.57M), Macau ($3.61M), and Singapore ($3.55M).

The fastest growing export markets for Beer of South Korea between 2022 and 2023 were Hong Kong ($8.87M), Macau ($2.78M), and Japan ($2.37M).

Imports In 2023, South Korea imported $215M in Beer, becoming the 14th largest importer of Beer in the world. At the same year, Beer was the 296th most imported product in South Korea. South Korea imports Beer primarily from: Japan ($59.1M), China ($30.9M), United States ($26.4M), Netherlands ($23.8M), and Poland ($13M).

The fastest growing import markets in Beer for South Korea between 2022 and 2023 were Japan ($45.6M), United States ($13.2M), and United Kingdom ($9.1M).

Latest Trends

January 2025

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2024 - January 2025)$-906k(-17.3%)
IMPORT GROWTH (January 2024 - January 2025)$2.79M(20.5%)
MAIN DESTINATION (January 2025)Hong Kong$1.48M

This section shows Beer'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 Beer over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$79.5M
IMPORTS (2023)$215M
NET TRADE (2023)-$135M

In 2023, South Korea exported $79.5M in Beer. The main destinations of South Korea exports on Beer were Hong Kong ($39.6M), Japan ($13.9M), United States ($9.57M), Macau ($3.61M), and Singapore ($3.55M).

In 2023, South Korea imported $215M in Beer, mainly from Japan ($59.1M), China ($30.9M), United States ($26.4M), Netherlands ($23.8M), and Poland ($13M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Beer EXPORT MARKETS FOR South Korea WERE (2022 - 2023):
Hong Kong$8.87M (28.9%)
Macau$2.78M (336%)
Japan$2.37M (20.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Beer BY South Korea WERE (2022 - 2023):
Mongolia-$8.02M (-100%)
Iraq-$6.82M (-100%)
Russia-$749k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Beer by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $7.13M
TOP IMPORT POTENTIALBelgium+ $3.92M

Beer’s highest export potential is United States. With an export gap of $7.13M.   Beer’s highest import potential is Belgium with an import gap of $3.92M.

See methodology.

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