HS Icon Maize (corn) flour in  Flag South Korea

2019
Exports | Imports
: $256k | $6.47M, World Rnk 51 / 132
Flag Rnk 3607 / 4455 | World Rnk 20 / 210
Flag Rnk 2669 / 4533

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $86k | $542k, India |  France

2019
ECONOMIC COMPLEXITY of South Korea
: 1.9, Rnk 5 / 147

Exports In 2019, South Korea exported $256k in Maize (corn) flour, making it the 51st largest exporter of Maize (corn) flour in the world. At the same year, Maize (corn) flour was the 3607th most exported product in South Korea. The main destination of Maize (corn) flour exports from South Korea are: China ($98.3k), India ($86k), United States ($19k), Vietnam ($15.6k), and Mongolia ($10k).

The fastest growing export markets for Maize (corn) flour of South Korea between 2018 and 2019 were India ($86k), China ($21.5k), and Fiji ($7.05k).

Imports In 2019, South Korea imported $6.47M in Maize (corn) flour, becoming the 20th largest importer of Maize (corn) flour in the world. At the same year, Maize (corn) flour was the 2669th most imported product in South Korea. South Korea imports Maize (corn) flour primarily from: India ($2.33M), France ($1.63M), Netherlands ($1.51M), Indonesia ($379k), and United States ($218k).

The fastest growing import markets in Maize (corn) flour for South Korea between 2018 and 2019 were France ($542k), India ($478k), and Indonesia ($173k).

Tariffs In 2018, the average tariff for South Korea in Maize (corn) flour was 3.2%. The countries with the highest import tariffs for Maize (corn) flour were Botswana (Most Favoured Nation duty rate treatement, 5%), Cote d'Ivoire (Most Favoured Nation duty rate treatement, 5%), Cameroon (Most Favoured Nation duty rate treatement, 5%), Republic of the Congo (Most Favoured Nation duty rate treatement, 5%), and Cape Verde (Most Favoured Nation duty rate treatement, 5%).

Historical Data

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EXPORTS (2019): $256k

IMPORTS (2019): $6.47M

NET TRADE (2019): -$6.21M

In 2019, South Korea exported $256k in Maize (corn) flour. The main destinations of South Korea exports on Maize (corn) flour were China ($98.3k), India ($86k), United States ($19k), Vietnam ($15.6k), and Mongolia ($10k).

In 2019, South Korea imported $6.47M in Maize (corn) flour, mainly from India ($2.33M), France ($1.63M), Netherlands ($1.51M), Indonesia ($379k), and United States ($218k).

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Flow

THE FASTEST GROWING Maize (corn) flour EXPORT MARKETS FOR South Korea WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Maize (corn) flour BY South Korea WERE (2018 - 2019):

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Market Concentration

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In 2019, South Korea's main exporting competitors in Maize (corn) flour were:

In 2019, South Korea's main importing competitors in Maize (corn) flour were:

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Tariffs by Country

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In 2018, the average tariff for South Korea in Maize (corn) flour was 3.2%.

The countries with the highest tariffs for Maize (corn) flour in South Korea were Botswana (Most Favoured Nation duty rate treatement, 5%), Cote d'Ivoire (Most Favoured Nation duty rate treatement, 5%), Cameroon (Most Favoured Nation duty rate treatement, 5%), Republic of the Congo (Most Favoured Nation duty rate treatement, 5%), and Cape Verde (Most Favoured Nation duty rate treatement, 5%).