2022
Exports
$508kWorld Rnk 69 / 164
Flag Rnk 3280 / 4439
falsefalseN/A
2022
Imports
$80.3MWorld Rnk 8 / 222
Flag Rnk 860 / 4519
2022
ECONOMIC COMPLEXITY of South Korea
1.78Rnk 4 / 133

About

The fastest growing export markets for Ground-nuts, prepared or preserved of South Korea between 2021 and 2022 were Malaysia ($48.1k), Israel ($42.2k), and Dominican Republic ($38.8k).

Imports In 2022, South Korea imported $80.3M in Ground-nuts, prepared or preserved, becoming the 8th largest importer of Ground-nuts, prepared or preserved in the world. At the same year, Ground-nuts, prepared or preserved was the 860th most imported product in South Korea. South Korea imports Ground-nuts, prepared or preserved primarily from: China ($58M), United States ($13.4M), Argentina ($3.55M), Thailand ($2.27M), and Indonesia ($938k).

COMPANIES In 2023, leading companies such as LG Electronics (46.9k), Samsung (20.7k), and Hankook Tires (4.38k) were at the forefront of shipping Ground-nuts, prepared or preserved from South Korea to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Ground-nuts, prepared or preserved. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$508k
IMPORTS (2022)$80.3M
NET TRADE (2022)-$79.8M

In 2022, South Korea imported $80.3M in Ground-nuts, prepared or preserved, mainly from China ($58M), United States ($13.4M), Argentina ($3.55M), Thailand ($2.27M), and Indonesia ($938k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ground-nuts, prepared or preserved EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Malaysia$48.1k (650%)
Israel$42.2k (1%)
Dominican Republic$38.8k (299%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ground-nuts, prepared or preserved BY South Korea WERE (2021 - 2022):
Hong Kong-$23.4k (-30.8%)
Vietnam-$14.7k (-30.5%)
Japan-$13k (-98.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, South Korea's main exporting competitors in Ground-nuts, prepared or preserved were:
In 2022, South Korea's main importing competitors in Ground-nuts, prepared or preserved were:

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Trade Value of Ground-nuts, prepared or preserved by Exporters

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