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2022
Exports $236kWorld Rnk 24 / 98
Flag Rnk 1081 / 1204
2022
Destination $48.9k Japan
2021 - 2022
FASTEST GROWING MARKET $48.9kGermany
2022
Imports $549kWorld Rnk 13 / 148
Flag Rnk 1161 / 1213
2022
Origin $269k United States
2021 - 2022
FASTEST GROWING ORIGIN $269kUnited States
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $236k in Hand-Woven Tapestries, making it the 24th largest exporter of Hand-Woven Tapestries in the world. At the same year, Hand-Woven Tapestries was the 1081st most exported product in South Korea. The main destination of Hand-Woven Tapestries exports from South Korea are: Japan ($86.6k), United States ($51.7k), Germany ($49k), New Zealand ($26.8k), and Burma ($12.6k).

The fastest growing export markets for Hand-Woven Tapestries of South Korea between 2021 and 2022 were Germany ($48.9k), Japan ($39.7k), and United States ($31.9k).

Imports In 2022, South Korea imported $549k in Hand-Woven Tapestries, becoming the 13th largest importer of Hand-Woven Tapestries in the world. At the same year, Hand-Woven Tapestries was the 1161st most imported product in South Korea. South Korea imports Hand-Woven Tapestries primarily from: United States ($285k), China ($165k), Japan ($51.2k), France ($21.6k), and Italy ($14.3k).

The fastest growing import markets in Hand-Woven Tapestries for South Korea between 2021 and 2022 were United States ($269k), Japan ($15.5k), and France ($5.19k).

Latest Trends

July 2024

About

Overview In July 2024 South Korea's Hand-Woven Tapestries exports accounted up to $0 and imports accounted up to $32k, resulting in a negative trade balance of $32k. Between July 2023 and July 2024 the exports of South Korea's   Hand-Woven Tapestries have decreased by $-4k (-100%) from $4k to $0, while imports increased by $11k (52.4%) from $21k to $32k.

Destinations In July 2024, Hand-Woven Tapestries were exported mostly to China ($0), Hong Kong ($0), Japan ($0), Malaysia ($0), and Vietnam ($0), and were imported mostly from China ($25k), Japan ($5k), Italy ($1k), United States ($1k), and Hong Kong ($0).

Growth In July 2024, the decrease in Hand-Woven Tapestries's year-by-year exports was explained primarily by a decrease in exports to . In July 2024, the increase in Hand-Woven Tapestries's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-4k(-100%)
IMPORT GROWTH (July 2023 - July 2024)$11k(52.4%)
MAIN DESTINATION (July 2024)China$0

This section shows Hand-Woven Tapestries'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 Hand-Woven Tapestries over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$236k
IMPORTS (2022)$549k
NET TRADE (2022)-$314k

In 2022, South Korea exported $236k in Hand-Woven Tapestries. The main destinations of South Korea exports on Hand-Woven Tapestries were Japan ($86.6k), United States ($51.7k), Germany ($49k), New Zealand ($26.8k), and Burma ($12.6k).

In 2022, South Korea imported $549k in Hand-Woven Tapestries, mainly from United States ($285k), China ($165k), Japan ($51.2k), France ($21.6k), and Italy ($14.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hand-Woven Tapestries EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Germany$48.9k (196k%)
Japan$39.7k (84.6%)
United States$31.9k (161%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hand-Woven Tapestries BY South Korea WERE (2021 - 2022):
United Kingdom-$5.61k (-100%)
Vietnam-$2.87k (-29.8%)
South Africa-$2.7k (-100%)
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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 Hand-Woven Tapestries were:
China $3.5M
India $3.2M
Italy $3M
In 2022, South Korea's main importing competitors in Hand-Woven Tapestries were:
United States $6.58M
United Kingdom $4.86M
France $4.34M

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Trade Value of Hand-Woven Tapestries by Exporters

Potential Exports

Potential Exports

Flow
View
N/A
N/AN/A
N/AN/A

Hand-Woven Tapestries’s highest export potential is N/A. With an export gap of N/A.   Hand-Woven Tapestries’s highest import potential is N/A with an import gap of N/A.

See methodology.

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