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Pricing

2022
Exports $29.6MWorld Rnk 3 / 143
Flag Rnk 575 / 1204
2022
Destination $3.16M Vietnam
2021 - 2022
FASTEST GROWING MARKET $3.16MBangladesh
2022
Imports $19.6MWorld Rnk 6 / 197
Flag Rnk 833 / 1213
2022
Origin $566k Vietnam
2021 - 2022
FASTEST GROWING ORIGIN $566kUnited States
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $29.6M in Headbands and Linings, making it the 3rd largest exporter of Headbands and Linings in the world. At the same year, Headbands and Linings was the 575th most exported product in South Korea. The main destination of Headbands and Linings exports from South Korea are: Vietnam ($13.8M), Bangladesh ($12.4M), China ($1.72M), Indonesia ($551k), and United States ($528k).

The fastest growing export markets for Headbands and Linings of South Korea between 2021 and 2022 were Bangladesh ($3.16M), Indonesia ($215k), and France ($41k).

Imports In 2022, South Korea imported $19.6M in Headbands and Linings, becoming the 6th largest importer of Headbands and Linings in the world. At the same year, Headbands and Linings was the 833rd most imported product in South Korea. South Korea imports Headbands and Linings primarily from: Vietnam ($13.3M), China ($4.05M), United States ($1.06M), Italy ($532k), and Japan ($278k).

The fastest growing import markets in Headbands and Linings for South Korea between 2021 and 2022 were United States ($566k), Italy ($218k), and Indonesia ($58.5k).

Latest Trends

July 2024

About

Overview In July 2024 South Korea's Headbands and Linings exports accounted up to $2.29M and imports accounted up to $885k, resulting in a positive trade balance of $1.4M. Between July 2023 and July 2024 the exports of South Korea's   Headbands and Linings have increased by $111k (5.1%) from $2.18M to $2.29M, while imports increased by $111k (14.3%) from $774k to $885k.

Destinations In July 2024, Headbands and Linings were exported mostly to Bangladesh ($1.08M), Vietnam ($1.06M), China ($53k), United States ($45k), and Indonesia ($41k), and were imported mostly from Vietnam ($377k), China ($331k), Japan ($82k), Philippines ($32k), and Indonesia ($21k).

Growth In July 2024, the increase in Headbands and Linings's year-by-year exports was explained primarily by an increase in exports to Bangladesh ($196k or 30.5%), Indonesia ($10k or 29.4%), and Japan ($8k or 400%). In July 2024, the increase in Headbands and Linings's year-by-year imports was explained primarily by an increase in imports from United States ($61k or 6.1k%), Japan ($42k or 4.2k%), and Vietnam ($14k or 1.06%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$111k(5.1%)
IMPORT GROWTH (July 2023 - July 2024)$111k(14.3%)
MAIN DESTINATION (July 2024)Bangladesh$1.08M

This section shows Headbands and Linings'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 Headbands and Linings over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$29.6M
IMPORTS (2022)$19.6M
NET TRADE (2022)$10.1M

In 2022, South Korea exported $29.6M in Headbands and Linings. The main destinations of South Korea exports on Headbands and Linings were Vietnam ($13.8M), Bangladesh ($12.4M), China ($1.72M), Indonesia ($551k), and United States ($528k).

In 2022, South Korea imported $19.6M in Headbands and Linings, mainly from Vietnam ($13.3M), China ($4.05M), United States ($1.06M), Italy ($532k), and Japan ($278k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Headbands and Linings EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Bangladesh$3.16M (34.2%)
Indonesia$215k (63.9%)
France$41k (165%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Headbands and Linings BY South Korea WERE (2021 - 2022):
Vietnam-$1.46M (-9.56%)
China-$1.2M (-41.1%)
Togo-$97.6k (-57.6%)
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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 Headbands and Linings were:
China $179M
United States $32M
In 2022, South Korea's main importing competitors in Headbands and Linings were:
United States $68.8M
Vietnam $53.8M
Italy $23.7M

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Trade Value of Headbands and Linings by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $498k
TOP IMPORT POTENTIALChina+ $1.65M

Headbands and Linings’s highest export potential is United States. With an export gap of $498k.   Headbands and Linings’s highest import potential is China with an import gap of $1.65M.

See methodology.

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