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2023
Exports $73.5kWorld Rnk 115 / 176
Flag Rnk 1096 / 1188
2023
Destination $500 Malaysia
2022 - 2023
FASTEST GROWING MARKET $500Lithuania
2023
PRODUCT COMPLEXITY IN Coconuts, Brazil Nuts, and Cashews-2.62Rnk 1022 / 1025
2023
Imports $17.2MWorld Rnk 51 / 215
Flag Rnk 810 / 1208
2023
Origin $1.23M Peru
2022 - 2023
FASTEST GROWING ORIGIN $1.23MPeru
2023
ECONOMIC COMPLEXITY of South Korea1.85Rnk 4 / 132

About

Exports In 2023, South Korea exported $73.5k in Coconuts, Brazil Nuts, and Cashews, making it the 115th largest exporter of Coconuts, Brazil Nuts, and Cashews in the world. At the same year, Coconuts, Brazil Nuts, and Cashews was the 1096th most exported product in South Korea. The main destination of Coconuts, Brazil Nuts, and Cashews exports from South Korea are: Malaysia ($70.6k), Singapore ($1.73k), Lithuania ($500), Samoa ($374), and Macau ($126).

The fastest growing export markets for Coconuts, Brazil Nuts, and Cashews of South Korea between 2022 and 2023 were Lithuania ($500), Ghana ($49), and France ($44).

Imports In 2023, South Korea imported $17.2M in Coconuts, Brazil Nuts, and Cashews, becoming the 51st largest importer of Coconuts, Brazil Nuts, and Cashews in the world. At the same year, Coconuts, Brazil Nuts, and Cashews was the 810th most imported product in South Korea. South Korea imports Coconuts, Brazil Nuts, and Cashews primarily from: Peru ($8.57M), Indonesia ($3.73M), Philippines ($3.04M), India ($1.13M), and Thailand ($274k).

The fastest growing import markets in Coconuts, Brazil Nuts, and Cashews for South Korea between 2022 and 2023 were Peru ($1.23M), Philippines ($1.15M), and Singapore ($54.2k).

Latest Trends

December 2024

About

Overview In December 2024 South Korea's Coconuts, Brazil Nuts, and Cashews exports accounted up to $1k and imports accounted up to $5.3M, resulting in a negative trade balance of $5.3M. Between December 2023 and December 2024 the exports of South Korea's   Coconuts, Brazil Nuts, and Cashews have decreased by $-8k (-88.9%) from $9k to $1k, while imports increased by $2.61M (96.7%) from $2.7M to $5.3M.

Destinations In December 2024, Coconuts, Brazil Nuts, and Cashews were exported mostly to Sri Lanka ($1k), China ($0), Hong Kong ($0), Indonesia ($0), and India ($0), and were imported mostly from Vietnam ($4.05M), Peru ($957k), Indonesia ($136k), Philippines ($134k), and United States ($13k).

Growth In December 2024, the decrease in Coconuts, Brazil Nuts, and Cashews's year-by-year exports was explained primarily by a decrease in exports to . In December 2024, the increase in Coconuts, Brazil Nuts, and Cashews's year-by-year imports was explained primarily by an increase in imports from Vietnam ($6k or 0.23%), United States ($6k or 37.5%), and India ($5k or 2.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$-8k(-88.9%)
IMPORT GROWTH (December 2023 - December 2024)$2.61M(96.7%)
MAIN DESTINATION (December 2024)Sri Lanka$1k

This section shows Coconuts, Brazil Nuts, and Cashews'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 Coconuts, Brazil Nuts, and Cashews over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$73.5k
IMPORTS (2023)$17.2M
NET TRADE (2023)-$17.1M

In 2023, South Korea exported $73.5k in Coconuts, Brazil Nuts, and Cashews. The main destinations of South Korea exports on Coconuts, Brazil Nuts, and Cashews were Malaysia ($70.6k), Singapore ($1.73k), Lithuania ($500), Samoa ($374), and Macau ($126).

In 2023, South Korea imported $17.2M in Coconuts, Brazil Nuts, and Cashews, mainly from Peru ($8.57M), Indonesia ($3.73M), Philippines ($3.04M), India ($1.13M), and Thailand ($274k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Coconuts, Brazil Nuts, and Cashews EXPORT MARKETS FOR South Korea WERE (2022 - 2023):
Lithuania$500 (1%)
Ghana$49 (1%)
France$44 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coconuts, Brazil Nuts, and Cashews BY South Korea WERE (2022 - 2023):
Russia-$286k (-100%)
United States-$172k (-100%)
India-$165k (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, South Korea's main exporting competitors in Coconuts, Brazil Nuts, and Cashews were:
Vietnam $2.8B
Cote d'Ivoire $1.33B
Thailand $510M
In 2023, South Korea's main importing competitors in Coconuts, Brazil Nuts, and Cashews were:
Vietnam $1.48B
India $1.35B
United States $1.03B

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Trade Value of Coconuts, Brazil Nuts, and Cashews by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $294k
TOP IMPORT POTENTIALVietnam+ $3.75M

Coconuts, Brazil Nuts, and Cashews’s highest export potential is India. With an export gap of $294k.   Coconuts, Brazil Nuts, and Cashews’s highest import potential is Vietnam with an import gap of $3.75M.

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