Exports In 2022, South Korea exported $12.2M in Margarine, making it the 56th largest exporter of Margarine in the world. At the same year, Margarine was the 705th most exported product in South Korea. The main destination of Margarine exports from South Korea are: Vietnam ($5.59M), Hong Kong ($1.44M), Malaysia ($1.34M), Japan ($1.02M), and United States ($929k).
The fastest growing export markets for Margarine of South Korea between 2021 and 2022 were Japan ($642k), Malaysia ($622k), and United States ($324k).
Imports In 2022, South Korea imported $99.5M in Margarine, becoming the 22nd largest importer of Margarine in the world. At the same year, Margarine was the 513th most imported product in South Korea. South Korea imports Margarine primarily from: Malaysia ($23.2M), Singapore ($18.8M), China ($11.7M), United States ($11.3M), and Indonesia ($10.7M).
The fastest growing import markets in Margarine for South Korea between 2021 and 2022 were Malaysia ($6.97M), Indonesia ($2.5M), and Singapore ($2.32M).
COMPANIES In 2023, leading companies such as LG Electronics (1) were at the forefront of shipping Margarine from South Korea to the United States.