Jams in South Korea | The Observatory of Economic Complexity

About

Exports In 2022, South Korea exported $5.8M in Jams, making it the 60th largest exporter of Jams in the world. At the same year, Jams was the 807th most exported product in South Korea. The main destination of Jams exports from South Korea are: Japan ($1.21M), Hong Kong ($837k), United States ($754k), Malaysia ($382k), and China ($325k).

The fastest growing export markets for Jams of South Korea between 2021 and 2022 were Vietnam ($178k), Chinese Taipei ($159k), and Russia ($125k).

Imports In 2022, South Korea imported $39.3M in Jams, becoming the 24th largest importer of Jams in the world. At the same year, Jams was the 722nd most imported product in South Korea. South Korea imports Jams primarily from: China ($10.4M), France ($6.34M), India ($2.4M), United States ($2.27M), and Spain ($2.25M).

The fastest growing import markets in Jams for South Korea between 2021 and 2022 were Turkey ($1.61M), China ($1.47M), and Italy ($805k).

Latest Trends

October 2024

About

Overview In October 2024 South Korea's Jams exports accounted up to $293k and imports accounted up to $2.06M, resulting in a negative trade balance of $1.77M. Between October 2023 and October 2024 the exports of South Korea's Jams have increased by $24k (8.92%) from $269k to $293k, while imports decreased by $-571k (-21.7%) from $2.63M to $2.06M.

Destinations In October 2024, Jams were exported mostly to India ($66k), Hong Kong ($51k), Vietnam ($42k), Russia ($27k), and Thailand ($18k), and were imported mostly from France ($486k), United States ($442k), China ($182k), Vietnam ($157k), and Israel ($146k).

Growth In October 2024, the increase in Jams's year-by-year exports was explained primarily by an increase in exports to Japan ($361k or 4.51k%), Hong Kong ($201k or 242%), and Vietnam ($24k or 480%). In October 2024, the decrease in Jams's year-by-year imports was explained primarily by a decrease in imports from China ($-557k or -50.6%), United States ($-156k or -33.9%), and India ($-120k or -100%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (October 2023 - October 2024)$24k(8.92%)

IMPORT GROWTH (October 2023 - October 2024)$-571k(-21.7%)

MAIN DESTINATION (October 2024)India$66k

This section shows Jams'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 Jams over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$5.8M

IMPORTS (2022)$39.3M

NET TRADE (2022)-$33.5M

In 2022, South Korea exported $5.8M in Jams. The main destinations of South Korea exports on Jams were Japan ($1.21M), Hong Kong ($837k), United States ($754k), Malaysia ($382k), and China ($325k).

In 2022, South Korea imported $39.3M in Jams, mainly from China ($10.4M), France ($6.34M), India ($2.4M), United States ($2.27M), and Spain ($2.25M).

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