2022
Exports
$6.44MWorld Rnk 5 / 102
Flag Rnk 2011 / 4439
falsefalseN/A
2022
Imports
$45.2kWorld Rnk 75 / 185
Flag Rnk 4381 / 4519
2022
ECONOMIC COMPLEXITY of South Korea
1.78Rnk 4 / 133

About

The fastest growing export markets for Cigars, cheroots, cigarettes, with tobacco substitute of South Korea between 2021 and 2022 were Nigeria ($6.01M), Malaysia ($48.6k), and United States ($47.3k).

Imports In 2022, South Korea imported $45.2k in Cigars, cheroots, cigarettes, with tobacco substitute, becoming the 75th largest importer of Cigars, cheroots, cigarettes, with tobacco substitute in the world. At the same year, Cigars, cheroots, cigarettes, with tobacco substitute was the 4381st most imported product in South Korea. South Korea imports Cigars, cheroots, cigarettes, with tobacco substitute primarily from: Malaysia ($41.3k), United States ($2.5k), China ($852), Japan ($466), and Sweden ($40).

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 Cigars, cheroots, cigarettes, with tobacco substitute 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 Cigars, cheroots, cigarettes, with tobacco substitute. 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)$6.44M
IMPORTS (2022)$45.2k
NET TRADE (2022)$6.39M

In 2022, South Korea imported $45.2k in Cigars, cheroots, cigarettes, with tobacco substitute, mainly from Malaysia ($41.3k), United States ($2.5k), China ($852), Japan ($466), and Sweden ($40).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cigars, cheroots, cigarettes, with tobacco substitute EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Nigeria$6.01M (1.97k%)
Malaysia$48.6k (270%)
United States$47.3k (1.71k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cigars, cheroots, cigarettes, with tobacco substitute BY South Korea WERE (2021 - 2022):
Cameroon-$285k (-100%)
Hong Kong-$1.51k (-100%)
Tanzania-$118 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, South Korea's main exporting competitors in Cigars, cheroots, cigarettes, with tobacco substitute were:
Romania $24.8M
Poland $10.6M
In 2022, South Korea's main importing competitors in Cigars, cheroots, cigarettes, with tobacco substitute were:

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Trade Value of Cigars, cheroots, cigarettes, with tobacco substitute by Exporters

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