2021
Exports | Imports
$50.5M | $1.04BWorld Rnk 72 / 213
Flag Rnk 83 / 96
World Rnk 14 / 223
Flag Rnk 55 / 96
2021
ECONOMIC COMPLEXITY of South Korea
1.82Rnk 4 / 131
2021
PRODUCT COMPLEXITY IN Coffee, tea, mate & spices
-1.21Rnk 884 / 1024

About

Exports In 2021, South Korea exported $50.5M in Coffee, tea, mate & spices, making it the 72nd largest exporter of Coffee, tea, mate & spices in the world. At the same year, Coffee, tea, mate & spices was the 83rd most exported product in South Korea. The main destination of Coffee, tea, mate & spices exports from South Korea are: Japan ($16.2M), United States ($11.2M), China ($2.65M), Chinese Taipei ($2.26M), and Vietnam ($1.8M).

The fastest growing export markets for Coffee, tea, mate & spices of South Korea between 2020 and 2021 were Japan ($8.99M), United States ($1.91M), and China ($674k).

Imports In 2021, South Korea imported $1.04B in Coffee, tea, mate & spices, becoming the 14th largest importer of Coffee, tea, mate & spices in the world. At the same year, Coffee, tea, mate & spices was the 55th most imported product in South Korea. South Korea imports Coffee, tea, mate & spices primarily from: Colombia ($140M), Switzerland ($122M), Brazil ($111M), United States ($107M), and Vietnam ($95.2M).

The fastest growing import markets in Coffee, tea, mate & spices for South Korea between 2020 and 2021 were Colombia ($29.1M), Brazil ($26.3M), and Switzerland ($21.1M).

Latest Trends

December 2023

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2022 - December 2023)$45k(1.16%)
IMPORT GROWTH (December 2022 - December 2023)$-25.2M(-20.4%)
MAIN DESTINATION (December 2023)United States$1.69M

This section shows Coffee, tea, mate & spices'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 Coffee, tea, mate & spices over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2021)$50.5M
IMPORTS (2021)$1.04B
NET TRADE (2021)-$993M

In 2021, South Korea exported $50.5M in Coffee, tea, mate & spices. The main destinations of South Korea exports on Coffee, tea, mate & spices were Japan ($16.2M), United States ($11.2M), China ($2.65M), Chinese Taipei ($2.26M), and Vietnam ($1.8M).

In 2021, South Korea imported $1.04B in Coffee, tea, mate & spices, mainly from Colombia ($140M), Switzerland ($122M), Brazil ($111M), United States ($107M), and Vietnam ($95.2M).

Explore Visualizations

Export Destinations (2021)

Import Origins (2021)

Market Growth

Flow
THE FASTEST GROWING Coffee, tea, mate & spices EXPORT MARKETS FOR South Korea WERE (2020 - 2021):
Japan$8.99M (125%)
United States$1.91M (20.4%)
China$674k (34.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coffee, tea, mate & spices BY South Korea WERE (2020 - 2021):
Australia-$167k (-15%)
Russia-$161k (-40.5%)
Philippines-$150k (-9.17%)

Change in Exports by Market (2020 - 2021)

Market Concentration

View
Flow
Type
In 2021, South Korea's main exporting competitors in Coffee, tea, mate & spices were:
Brazil $6.53B
India $4.17B
Vietnam $3.94B
In 2021, South Korea's main importing competitors in Coffee, tea, mate & spices were:

Explore Visualizations

Trade Value of Coffee, tea, mate & spices by Exporters

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with