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2022
Exports $11.5MWorld Rnk 57 / 215
Flag Rnk 712 / 1204
2022
Destination $499k United States
2021 - 2022
FASTEST GROWING MARKET $499kUnited States
2022
PRODUCT COMPLEXITY IN House Linens-1.43Rnk 939 / 1025
2022
Imports $191MWorld Rnk 24 / 223
Flag Rnk 375 / 1213
2022
Origin $10.5M China
2021 - 2022
FASTEST GROWING ORIGIN $10.5MVietnam
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $11.5M in House Linens, making it the 57th largest exporter of House Linens in the world. At the same year, House Linens was the 712th most exported product in South Korea. The main destination of House Linens exports from South Korea are: United States ($3.67M), Japan ($1.68M), Australia ($759k), Philippines ($678k), and Saudi Arabia ($474k).

The fastest growing export markets for House Linens of South Korea between 2021 and 2022 were United States ($499k), Saudi Arabia ($446k), and Malaysia ($75.1k).

Imports In 2022, South Korea imported $191M in House Linens, becoming the 24th largest importer of House Linens in the world. At the same year, House Linens was the 375th most imported product in South Korea. South Korea imports House Linens primarily from: China ($111M), Vietnam ($54.8M), Indonesia ($6.01M), India ($4.26M), and Portugal ($1.72M).

The fastest growing import markets in House Linens for South Korea between 2021 and 2022 were Vietnam ($10.5M), France ($265k), and Spain ($187k).

COMPANIES In 2023, leading companies such as Hongkong Xin Jie Technology (15), Sobel Westex (6), and Goldensee Limited (2) were at the forefront of shipping House Linens from South Korea to the United States.

Latest Trends

September 2024

About

Overview In September 2024 South Korea's House Linens exports accounted up to $585k and imports accounted up to $15.8M, resulting in a negative trade balance of $15.3M. Between September 2023 and September 2024 the exports of South Korea's   House Linens have decreased by $-298k (-33.7%) from $883k to $585k, while imports increased by $1.14M (7.77%) from $14.7M to $15.8M.

Destinations In September 2024, House Linens were exported mostly to United States ($135k), Japan ($97k), Saudi Arabia ($87k), China ($40k), and Philippines ($37k), and were imported mostly from China ($7.51M), Vietnam ($5.13M), India ($962k), Indonesia ($943k), and Portugal ($408k).

Growth In September 2024, the decrease in House Linens's year-by-year exports was explained primarily by a decrease in exports to United States ($-353k or -82.1%), China ($-42k or -93.3%), and Indonesia ($-21k or -100%). In September 2024, the increase in House Linens's year-by-year imports was explained primarily by an increase in imports from Vietnam ($869k or 20%), France ($81k or 238%), and Bangladesh ($50k or 71.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$-298k(-33.7%)
IMPORT GROWTH (September 2023 - September 2024)$1.14M(7.77%)
MAIN DESTINATION (September 2024)United States$135k

This section shows House Linens'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 House Linens over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$11.5M
IMPORTS (2022)$191M
NET TRADE (2022)-$179M

In 2022, South Korea exported $11.5M in House Linens. The main destinations of South Korea exports on House Linens were United States ($3.67M), Japan ($1.68M), Australia ($759k), Philippines ($678k), and Saudi Arabia ($474k).

In 2022, South Korea imported $191M in House Linens, mainly from China ($111M), Vietnam ($54.8M), Indonesia ($6.01M), India ($4.26M), and Portugal ($1.72M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING House Linens EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
United States$499k (15.7%)
Saudi Arabia$446k (1.57k%)
Malaysia$75.1k (305%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF House Linens BY South Korea WERE (2021 - 2022):
Australia-$963k (-55.9%)
Japan-$549k (-24.7%)
Kyrgyzstan-$501k (-70.3%)
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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 House Linens were:
China $8.98B
Pakistan $4.86B
India $2.71B
In 2022, South Korea's main importing competitors in House Linens were:
United States $6.37B
Germany $1.89B
France $1.24B

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Trade Value of House Linens by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.83M
TOP IMPORT POTENTIALChina+ $32.9M

House Linens’s highest export potential is United States. With an export gap of $2.83M.   House Linens’s highest import potential is China with an import gap of $32.9M.

See methodology.

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