2022
Exports
$70.6MWorld Rnk 36 / 191
Flag Rnk 427 / 1204
2022
PRODUCT COMPLEXITY IN Fruit Juice
-0.89Rnk 802 / 1025
2022
Imports
$188MWorld Rnk 16 / 223
Flag Rnk 383 / 1213
2022
ECONOMIC COMPLEXITY of South Korea
1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $70.6M in Fruit Juice, making it the 36th largest exporter of Fruit Juice in the world. At the same year, Fruit Juice was the 427th most exported product in South Korea. The main destination of Fruit Juice exports from South Korea are: China ($30.6M), Chinese Taipei ($9.63M), Japan ($7.01M), Hong Kong ($6.66M), and United States ($4.1M).

The fastest growing export markets for Fruit Juice of South Korea between 2021 and 2022 were Chinese Taipei ($2.35M), United States ($1.34M), and Vietnam ($641k).

Imports In 2022, South Korea imported $188M in Fruit Juice, becoming the 16th largest importer of Fruit Juice in the world. At the same year, Fruit Juice was the 383rd most imported product in South Korea. South Korea imports Fruit Juice primarily from: United States ($35.8M), Spain ($30.1M), Chile ($23.8M), Thailand ($14.8M), and Vietnam ($14.1M).

The fastest growing import markets in Fruit Juice for South Korea between 2021 and 2022 were Chile ($7.03M), Vietnam ($3.54M), and Italy ($2.27M).

COMPANIES In 2023, leading companies such as LG Electronics (4) and General Motors (1) were at the forefront of shipping Fruit Juice from South Korea to the United States.

Latest Trends

October 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$-104k(-3.04%)
IMPORT GROWTH (October 2023 - October 2024)$13.6M(80.6%)
MAIN DESTINATION (October 2024)China$1.65M

This section shows Fruit Juice'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 Fruit Juice over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$70.6M
IMPORTS (2022)$188M
NET TRADE (2022)-$118M

In 2022, South Korea exported $70.6M in Fruit Juice. The main destinations of South Korea exports on Fruit Juice were China ($30.6M), Chinese Taipei ($9.63M), Japan ($7.01M), Hong Kong ($6.66M), and United States ($4.1M).

In 2022, South Korea imported $188M in Fruit Juice, mainly from United States ($35.8M), Spain ($30.1M), Chile ($23.8M), Thailand ($14.8M), and Vietnam ($14.1M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Fruit Juice EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Chinese Taipei$2.35M (32.2%)
United States$1.34M (48.9%)
Vietnam$641k (180%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fruit Juice BY South Korea WERE (2021 - 2022):
Japan-$392k (-5.3%)
Macau-$391k (-95.6%)
China-$279k (-0.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Fruit Juice were:
In 2022, South Korea's main importing competitors in Fruit Juice were:

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Trade Value of Fruit Juice by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.36M
TOP IMPORT POTENTIALChina+ $8.28M

Fruit Juice’s highest export potential is United States. With an export gap of $4.36M.   Fruit Juice’s highest import potential is China with an import gap of $8.28M.

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