Overview In April 2023 South Korea's Knitted clothing accesories exports accounted up to $82.4M and imports accounted up to $358M, resulting in a negative trade balance of $276M. Between April 2022 and April 2023 the exports of South Korea's Knitted clothing accesories have increased by $6.2M (8.14%) from $76.2M to $82.4M, while imports decreased by $-34.3M (-8.73%) from $392M to $358M.
Destinations In April 2023, Knitted clothing accesories were exported mostly to United States ($18.1M), Japan ($16.1M), China ($14.4M), Vietnam ($8.76M), and Hong Kong ($7.59M), and were imported mostly from China ($125M), Vietnam ($96.5M), Italy ($25.3M), Bangladesh ($19.2M), and Indonesia ($14.6M).
Growth In April 2023, the increase in Knitted clothing accesories's year-by-year exports was explained primarily by an increase in exports to United States ($8.54M or 73.2%), Vietnam ($1.54M or 67.9%), and Burma ($1.06M or 332%). In April 2023, the decrease in Knitted clothing accesories's year-by-year imports was explained primarily by a decrease in imports from Sri Lanka ($-731k or -22.6%), Malaysia ($-514k or -53.9%), and Honduras ($-285k or -41.4%).