Locust beans, seaweed, sugar beet, cane, for food in South Korea

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Exports In 2022, South Korea exported $333k in Locust beans, seaweed, sugar beet, cane, for food, making it the 88th largest exporter of Locust beans, seaweed, sugar beet, cane, for food in the world. At the same year, Locust beans, seaweed, sugar beet, cane, for food was the 1063rd most exported product in South Korea. The main destination of Locust beans, seaweed, sugar beet, cane, for food exports from South Korea are: France ($64.7k), Turkey ($62.7k), United States ($43.8k), New Zealand ($37.6k), and Netherlands ($37.1k).

The fastest growing export markets for Locust beans, seaweed, sugar beet, cane, for food of South Korea between 2021 and 2022 were New Zealand ($8.55k), Germany ($7.34k), and Japan ($6k).

Imports In 2022, South Korea imported $16.8M in Locust beans, seaweed, sugar beet, cane, for food, becoming the 23rd largest importer of Locust beans, seaweed, sugar beet, cane, for food in the world. At the same year, Locust beans, seaweed, sugar beet, cane, for food was the 860th most imported product in South Korea. South Korea imports Locust beans, seaweed, sugar beet, cane, for food primarily from: China ($11.4M), Israel ($1.48M), Germany ($491k), Hong Kong ($385k), and Spain ($385k).

The fastest growing import markets in Locust beans, seaweed, sugar beet, cane, for food for South Korea between 2021 and 2022 were Israel ($1.08M), Tanzania ($170k), and Germany ($166k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Locust beans, seaweed, sugar beet, cane, for food from South Korea to the United States.

Latest Trends

February 2024

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Overview In February 2024 South Korea's Locust beans, seaweed, sugar beet, cane, for food exports accounted up to $27.5M and imports accounted up to $5.03M, resulting in a positive trade balance of $22.5M. Between February 2023 and February 2024 the exports of South Korea's Locust beans, seaweed, sugar beet, cane, for food have decreased by $-300k (-1.08%) from $27.8M to $27.5M, while imports increased by $1.35M (36.9%) from $3.67M to $5.03M.

Destinations In February 2024, Locust beans, seaweed, sugar beet, cane, for food were exported mostly to China ($5.81M), Thailand ($5.7M), Russia ($4.09M), Japan ($3.77M), and United States ($2.62M), and were imported mostly from China ($3.78M), Morocco ($425k), Japan ($243k), Chile ($239k), and Indonesia ($233k).

Growth In February 2024, the decrease in Locust beans, seaweed, sugar beet, cane, for food's year-by-year exports was explained primarily by a decrease in exports to China ($-2.44M or -50.3%), United States ($-585k or -27.5%), and Chinese Taipei ($-240k or -21.2%). In February 2024, the increase in Locust beans, seaweed, sugar beet, cane, for food's year-by-year imports was explained primarily by an increase in imports from Indonesia ($238k or 69%), India ($9k or 450%), and Vietnam ($6k or 18.2%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$-300k(-1.08%)

IMPORT GROWTH (February 2023 - February 2024)$1.35M(36.9%)

MAIN DESTINATION (February 2024)China$5.81M

This section shows Locust beans, seaweed, sugar beet, cane, for food'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 Locust beans, seaweed, sugar beet, cane, for food over time.

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