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2022
Exports $1.3MWorld Rnk 53 / 177
Flag Rnk 965 / 1204
2022
Destination $89.2k China
2021 - 2022
FASTEST GROWING MARKET $89.2kUnited Arab Emirates
2022
PRODUCT COMPLEXITY IN Garments of Impregnated Fabric-0.93Rnk 824 / 1025
2022
Imports $13.1MWorld Rnk 28 / 201
Flag Rnk 898 / 1213
2022
Origin $483k Vietnam
2021 - 2022
FASTEST GROWING ORIGIN $483kBangladesh
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $1.3M in Garments of Impregnated Fabric, making it the 53rd largest exporter of Garments of Impregnated Fabric in the world. At the same year, Garments of Impregnated Fabric was the 965th most exported product in South Korea. The main destination of Garments of Impregnated Fabric exports from South Korea are: China ($756k), United States ($139k), United Arab Emirates ($99.1k), Hong Kong ($58.8k), and Chinese Taipei ($56.1k).

The fastest growing export markets for Garments of Impregnated Fabric of South Korea between 2021 and 2022 were United Arab Emirates ($89.2k), Chinese Taipei ($37.6k), and United States ($22.2k).

Imports In 2022, South Korea imported $13.1M in Garments of Impregnated Fabric, becoming the 28th largest importer of Garments of Impregnated Fabric in the world. At the same year, Garments of Impregnated Fabric was the 898th most imported product in South Korea. South Korea imports Garments of Impregnated Fabric primarily from: Vietnam ($3.63M), China ($3.48M), Cambodia ($1.83M), Italy ($1.08M), and Thailand ($696k).

The fastest growing import markets in Garments of Impregnated Fabric for South Korea between 2021 and 2022 were Bangladesh ($483k), Spain ($290k), and France ($152k).

Latest Trends

October 2024

About

Overview In October 2024 South Korea's Garments of Impregnated Fabric exports accounted up to $54k and imports accounted up to $1.3M, resulting in a negative trade balance of $1.25M. Between October 2023 and October 2024 the exports of South Korea's   Garments of Impregnated Fabric have decreased by $-1k (-1.82%) from $55k to $54k, while imports decreased by $-207k (-13.7%) from $1.51M to $1.3M.

Destinations In October 2024, Garments of Impregnated Fabric were exported mostly to China ($50k), Chinese Taipei ($2k), United States ($2k), Bangladesh ($0), and Bahrain ($0), and were imported mostly from China ($965k), Cambodia ($156k), Thailand ($134k), Italy ($38k), and Bangladesh ($4k).

Growth In October 2024, the decrease in Garments of Impregnated Fabric's year-by-year exports was explained primarily by a decrease in exports to China ($-162k or -82.2%), United States ($-32k or -100%), and Chinese Taipei ($-2k or -100%). In October 2024, the decrease in Garments of Impregnated Fabric's year-by-year imports was explained primarily by a decrease in imports from Cambodia ($-77k or -68.8%), Morocco ($-73k or -89%), and Japan ($-13k or -100%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$-1k(-1.82%)
IMPORT GROWTH (October 2023 - October 2024)$-207k(-13.7%)
MAIN DESTINATION (October 2024)China$50k

This section shows Garments of Impregnated 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 Garments of Impregnated Fabric over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.3M
IMPORTS (2022)$13.1M
NET TRADE (2022)-$11.8M

In 2022, South Korea exported $1.3M in Garments of Impregnated Fabric. The main destinations of South Korea exports on Garments of Impregnated Fabric were China ($756k), United States ($139k), United Arab Emirates ($99.1k), Hong Kong ($58.8k), and Chinese Taipei ($56.1k).

In 2022, South Korea imported $13.1M in Garments of Impregnated Fabric, mainly from Vietnam ($3.63M), China ($3.48M), Cambodia ($1.83M), Italy ($1.08M), and Thailand ($696k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Garments of Impregnated Fabric EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
United Arab Emirates$89.2k (904%)
Chinese Taipei$37.6k (203%)
United States$22.2k (19%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Garments of Impregnated Fabric BY South Korea WERE (2021 - 2022):
China-$930k (-55.2%)
Japan-$182k (-88.3%)
Thailand-$45.3k (-74.8%)
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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 Garments of Impregnated Fabric were:
China $591M
Cambodia $163M
United Arab Emirates $138M
In 2022, South Korea's main importing competitors in Garments of Impregnated Fabric were:
United States $310M
Germany $253M
Spain $133M

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Trade Value of Garments of Impregnated Fabric by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $248k
TOP IMPORT POTENTIALChina+ $2.37M

Garments of Impregnated Fabric’s highest export potential is China. With an export gap of $248k.   Garments of Impregnated Fabric’s highest import potential is China with an import gap of $2.37M.

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