2022
Exports
$98.1MWorld Rnk 13 / 209
Flag Rnk 379 / 1204
2022
PRODUCT COMPLEXITY IN Imitation Jewellery
0.28Rnk 462 / 1025
2022
Imports
$114MWorld Rnk 20 / 220
Flag Rnk 481 / 1213
2022
ECONOMIC COMPLEXITY of South Korea
1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $98.1M in Imitation Jewellery, making it the 13th largest exporter of Imitation Jewellery in the world. At the same year, Imitation Jewellery was the 379th most exported product in South Korea. The main destination of Imitation Jewellery exports from South Korea are: Japan ($32.2M), United States ($25.6M), United Kingdom ($5.43M), Chinese Taipei ($3.15M), and Hong Kong ($2.74M).

The fastest growing export markets for Imitation Jewellery of South Korea between 2021 and 2022 were Brazil ($1M), Chinese Taipei ($765k), and Italy ($660k).

Imports In 2022, South Korea imported $114M in Imitation Jewellery, becoming the 20th largest importer of Imitation Jewellery in the world. At the same year, Imitation Jewellery was the 481st most imported product in South Korea. South Korea imports Imitation Jewellery primarily from: China ($56.3M), France ($23.4M), Italy ($16.4M), Thailand ($5.59M), and Germany ($2.31M).

The fastest growing import markets in Imitation Jewellery for South Korea between 2021 and 2022 were Italy ($5.95M), United States ($639k), and Germany ($515k).

COMPANIES In 2023, leading companies such as Stelfast (34), Tesla (4), and Disney Cruise Line (1) were at the forefront of shipping Imitation Jewellery from South Korea to the United States.

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$-247k(-2.91%)
IMPORT GROWTH (November 2023 - November 2024)$-697k(-5.35%)
MAIN DESTINATION (November 2024)Japan$2.69M

This section shows Imitation Jewellery'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 Imitation Jewellery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$98.1M
IMPORTS (2022)$114M
NET TRADE (2022)-$15.8M

In 2022, South Korea exported $98.1M in Imitation Jewellery. The main destinations of South Korea exports on Imitation Jewellery were Japan ($32.2M), United States ($25.6M), United Kingdom ($5.43M), Chinese Taipei ($3.15M), and Hong Kong ($2.74M).

In 2022, South Korea imported $114M in Imitation Jewellery, mainly from China ($56.3M), France ($23.4M), Italy ($16.4M), Thailand ($5.59M), and Germany ($2.31M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Imitation Jewellery EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Brazil$1M (67.4%)
Chinese Taipei$765k (32.1%)
Italy$660k (58.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Imitation Jewellery BY South Korea WERE (2021 - 2022):
Japan-$6.19M (-16.1%)
China-$4.04M (-62.4%)
United States-$3.05M (-10.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Imitation Jewellery were:
China $4.1B
Italy $557M
In 2022, South Korea's main importing competitors in Imitation Jewellery were:

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Trade Value of Imitation Jewellery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.23M
TOP IMPORT POTENTIALChina+ $19M

Imitation Jewellery’s highest export potential is United States. With an export gap of $3.23M.   Imitation Jewellery’s highest import potential is China with an import gap of $19M.

See methodology.

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