Cereals in   South Korea

Overview In October 2024 South Korea's Cereals exports accounted up to $1.22M and imports accounted up to $429M, resulting in a negative trade balance of $428M. Between October 2023 and October 2024 the exports of South Korea's   Cereals have decreased by $-1.72M (-58.5%) from $2.95M to $1.22M, while imports decreased by $-48.5M (-10.2%) from $477M to $429M.

Destinations In October 2024, Cereals were exported mostly to United States ($481k), Mongolia ($176k), Australia ($120k), Canada ($112k), and Kazakhstan ($84k), and were imported mostly from Brazil ($171M), United States ($111M), Argentina ($45.1M), Australia ($37.1M), and China ($20M).

Growth In October 2024, the decrease in Cereals's year-by-year exports was explained primarily by a decrease in exports to Australia ($-112k or -65.1%), Singapore ($-39k or -78%), and Germany ($-32k or -72.7%). In October 2024, the decrease in Cereals's year-by-year imports was explained primarily by a decrease in imports from Argentina ($-55.3M or -33.8%), China ($-13.1M or -89.2%), and Vietnam ($-12.1M or -100%).