2022
Exports
$52.4MWorld Rnk 5 / 114
Flag Rnk 880 / 4439
falsefalseN/A
2022
Imports
$14.8MWorld Rnk 9 / 188
Flag Rnk 2104 / 4519
2022
ECONOMIC COMPLEXITY of South Korea
1.78Rnk 4 / 133

About

The fastest growing export markets for Citrus Fruits, prepared or preserved of South Korea between 2021 and 2022 were United States ($2.15M), Vietnam ($705k), and Canada ($562k).

Imports In 2022, South Korea imported $14.8M in Citrus Fruits, prepared or preserved, becoming the 9th largest importer of Citrus Fruits, prepared or preserved in the world. At the same year, Citrus Fruits, prepared or preserved was the 2104th most imported product in South Korea. South Korea imports Citrus Fruits, prepared or preserved primarily from: Chinese Taipei ($9.04M), China ($3.06M), Spain ($767k), United States ($643k), and Thailand ($530k).

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 Citrus Fruits, prepared or preserved 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 Citrus Fruits, prepared or preserved. 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)$52.4M
IMPORTS (2022)$14.8M
NET TRADE (2022)$37.6M

In 2022, South Korea imported $14.8M in Citrus Fruits, prepared or preserved, mainly from Chinese Taipei ($9.04M), China ($3.06M), Spain ($767k), United States ($643k), and Thailand ($530k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Citrus Fruits, prepared or preserved EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
United States$2.15M (29.7%)
Vietnam$705k (95.1%)
Canada$562k (63.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Citrus Fruits, prepared or preserved BY South Korea WERE (2021 - 2022):
Japan-$1.66M (-28.7%)
Hong Kong-$223k (-6.29%)
France-$42.8k (-28.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, South Korea's main exporting competitors in Citrus Fruits, prepared or preserved were:
China $420M
Mexico $88.9M
Spain $86.9M
In 2022, South Korea's main importing competitors in Citrus Fruits, prepared or preserved were:

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Trade Value of Citrus Fruits, prepared or preserved by Exporters

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