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2022
Exports $59.2MWorld Rnk 3 / 138
Flag Rnk 460 / 1204
2022
Destination $2.66M United States
2021 - 2022
FASTEST GROWING MARKET $2.66MPoland
2022
PRODUCT COMPLEXITY IN Coated Textile Fabric0.61Rnk 314 / 1025
2022
Imports $15.5MWorld Rnk 18 / 203
Flag Rnk 876 / 1213
2022
Origin $134k China
2021 - 2022
FASTEST GROWING ORIGIN $134kVietnam
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $59.2M in Coated Textile Fabric, making it the 3rd largest exporter of Coated Textile Fabric in the world. At the same year, Coated Textile Fabric was the 460th most exported product in South Korea. The main destination of Coated Textile Fabric exports from South Korea are: United States ($10.2M), China ($7.12M), Vietnam ($6.67M), Netherlands ($5.21M), and Ireland ($3.43M).

The fastest growing export markets for Coated Textile Fabric of South Korea between 2021 and 2022 were Poland ($2.66M), Japan ($662k), and Netherlands ($523k).

Imports In 2022, South Korea imported $15.5M in Coated Textile Fabric, becoming the 18th largest importer of Coated Textile Fabric in the world. At the same year, Coated Textile Fabric was the 876th most imported product in South Korea. South Korea imports Coated Textile Fabric primarily from: China ($6.8M), Israel ($5.67M), Spain ($1.32M), Vietnam ($409k), and United States ($229k).

The fastest growing import markets in Coated Textile Fabric for South Korea between 2021 and 2022 were Vietnam ($134k), United Kingdom ($80.4k), and Ireland ($55.3k).

Latest Trends

July 2024

About

Overview In July 2024 South Korea's Coated Textile Fabric exports accounted up to $5.45M and imports accounted up to $1.91M, resulting in a positive trade balance of $3.54M. Between July 2023 and July 2024 the exports of South Korea's   Coated Textile Fabric have increased by $1.8M (49.2%) from $3.65M to $5.45M, while imports increased by $706k (58.7%) from $1.2M to $1.91M.

Destinations In July 2024, Coated Textile Fabric were exported mostly to United States ($853k), Russia ($675k), Ireland ($655k), Vietnam ($542k), and Greece ($481k), and were imported mostly from China ($819k), Israel ($709k), Spain ($225k), United States ($97k), and Vietnam ($21k).

Growth In July 2024, the increase in Coated Textile Fabric's year-by-year exports was explained primarily by an increase in exports to India ($74k or 1.48k%), Italy ($32k or 128%), and Germany ($24k or 114%). In July 2024, the increase in Coated Textile Fabric's year-by-year imports was explained primarily by an increase in imports from Israel ($482k or 194%), Spain ($134k or 235%), and United States ($5k or 167%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$1.8M(49.2%)
IMPORT GROWTH (July 2023 - July 2024)$706k(58.7%)
MAIN DESTINATION (July 2024)United States$853k

This section shows Coated Textile Fabric'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 Coated Textile Fabric over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$59.2M
IMPORTS (2022)$15.5M
NET TRADE (2022)$43.8M

In 2022, South Korea exported $59.2M in Coated Textile Fabric. The main destinations of South Korea exports on Coated Textile Fabric were United States ($10.2M), China ($7.12M), Vietnam ($6.67M), Netherlands ($5.21M), and Ireland ($3.43M).

In 2022, South Korea imported $15.5M in Coated Textile Fabric, mainly from China ($6.8M), Israel ($5.67M), Spain ($1.32M), Vietnam ($409k), and United States ($229k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Coated Textile Fabric EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Poland$2.66M (362%)
Japan$662k (119%)
Netherlands$523k (11.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coated Textile Fabric BY South Korea WERE (2021 - 2022):
Ireland-$5.69M (-62.4%)
Sweden-$2.35M (-76.5%)
Vietnam-$2.04M (-23.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Coated Textile Fabric were:
China $447M
United States $78.9M
In 2022, South Korea's main importing competitors in Coated Textile Fabric were:
United States $120M
Vietnam $75.2M
Poland $45.5M

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Trade Value of Coated Textile Fabric by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.36M
TOP IMPORT POTENTIALChina+ $2.08M

Coated Textile Fabric’s highest export potential is China. With an export gap of $1.36M.   Coated Textile Fabric’s highest import potential is China with an import gap of $2.08M.

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