2022
Exports
$22.7kWorld Rnk 119 / 162
Flag Rnk 1157 / 1204
2022
PRODUCT COMPLEXITY IN Legumes
-1.94Rnk 996 / 1025
2022
Imports
$817kWorld Rnk 66 / 208
Flag Rnk 1143 / 1213
2022
ECONOMIC COMPLEXITY of South Korea
1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $22.7k in Legumes, making it the 119th largest exporter of Legumes in the world. At the same year, Legumes was the 1157th most exported product in South Korea. The main destination of Legumes exports from South Korea are: Guatemala ($14.6k), Chile ($2.24k), Kuwait ($1.89k), Vietnam ($1.25k), and Philippines ($978).

The fastest growing export markets for Legumes of South Korea between 2021 and 2022 were Guatemala ($14.6k), Vietnam ($1.25k), and Kuwait ($1.17k).

Imports In 2022, South Korea imported $817k in Legumes, becoming the 66th largest importer of Legumes in the world. At the same year, Legumes was the 1143rd most imported product in South Korea. South Korea imports Legumes primarily from: United States ($700k), Thailand ($89.9k), Canada ($24.5k), Singapore ($997), and China ($493).

The fastest growing import markets in Legumes for South Korea between 2021 and 2022 were Thailand ($9.21k), Vietnam ($37), and Turkey ($12).

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
MAIN DESTINATION (November 2024)China$0

This section shows Legumes'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 Legumes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$22.7k
IMPORTS (2022)$817k
NET TRADE (2022)-$794k

In 2022, South Korea exported $22.7k in Legumes. The main destinations of South Korea exports on Legumes were Guatemala ($14.6k), Chile ($2.24k), Kuwait ($1.89k), Vietnam ($1.25k), and Philippines ($978).

In 2022, South Korea imported $817k in Legumes, mainly from United States ($700k), Thailand ($89.9k), Canada ($24.5k), Singapore ($997), and China ($493).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Legumes EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Guatemala$14.6k (1%)
Vietnam$1.25k (1%)
Kuwait$1.17k (161%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Legumes BY South Korea WERE (2021 - 2022):
United States-$6.19k (-92.3%)
Australia-$2.5k (-100%)
Japan-$1.39k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Legumes were:
In 2022, South Korea's main importing competitors in Legumes were:

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Trade Value of Legumes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.87k
TOP IMPORT POTENTIALCanada+ $15.2k

Legumes’s highest export potential is United States. With an export gap of $2.87k.   Legumes’s highest import potential is Canada with an import gap of $15.2k.

See methodology.

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