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2022
Exports $1.14BWorld Rnk 7 / 192
Flag Rnk 91 / 1204
2022
Destination $192M China
2021 - 2022
FASTEST GROWING MARKET $192MChina
2022
PRODUCT COMPLEXITY IN Non-fillet Frozen Fish-1.52Rnk 948 / 1025
2022
Imports $1.66BWorld Rnk 4 / 219
Flag Rnk 62 / 1213
2022
Origin $50.5M Russia
2021 - 2022
FASTEST GROWING ORIGIN $50.5MChile
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $1.14B in Non-fillet Frozen Fish, making it the 7th largest exporter of Non-fillet Frozen Fish in the world. At the same year, Non-fillet Frozen Fish was the 91st most exported product in South Korea. The main destination of Non-fillet Frozen Fish exports from South Korea are: China ($510M), Vietnam ($115M), Thailand ($113M), Japan ($98.5M), and United States ($82.1M).

The fastest growing export markets for Non-fillet Frozen Fish of South Korea between 2021 and 2022 were China ($192M), United States ($37.9M), and Thailand ($28.3M).

Imports In 2022, South Korea imported $1.66B in Non-fillet Frozen Fish, becoming the 4th largest importer of Non-fillet Frozen Fish in the world. At the same year, Non-fillet Frozen Fish was the 62nd most imported product in South Korea. South Korea imports Non-fillet Frozen Fish primarily from: Russia ($697M), China ($212M), United States ($168M), Norway ($116M), and Chinese Taipei ($73.1M).

The fastest growing import markets in Non-fillet Frozen Fish for South Korea between 2021 and 2022 were Chile ($50.5M), United States ($11.3M), and Mexico ($8.6M).

Latest Trends

November 2024

About

Overview In November 2024 South Korea's Non-fillet Frozen Fish exports accounted up to $90.2M and imports accounted up to $90.9M, resulting in a negative trade balance of $655k. Between November 2023 and November 2024 the exports of South Korea's   Non-fillet Frozen Fish have increased by $1.59M (1.8%) from $88.7M to $90.2M, while imports decreased by $-16.4M (-15.3%) from $107M to $90.9M.

Destinations In November 2024, Non-fillet Frozen Fish were exported mostly to China ($20.8M), Thailand ($16.8M), Nigeria ($9.21M), Japan ($8.59M), and Vietnam ($8.18M), and were imported mostly from Russia ($27.6M), China ($23.9M), Chinese Taipei ($11.1M), Norway ($8.29M), and United States ($6.89M).

Growth In November 2024, the increase in Non-fillet Frozen Fish's year-by-year exports was explained primarily by an increase in exports to Thailand ($9.31M or 97.3%), Cote d'Ivoire ($827k or 128%), and Benin ($514k or 1.35k%). In November 2024, the decrease in Non-fillet Frozen Fish's year-by-year imports was explained primarily by a decrease in imports from Norway ($-6.17M or -25.2%), Indonesia ($-856k or -59.6%), and Kiribati ($-708k or -41.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$1.59M(1.8%)
IMPORT GROWTH (November 2023 - November 2024)$-16.4M(-15.3%)
MAIN DESTINATION (November 2024)China$20.8M

This section shows Non-fillet Frozen Fish'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 Non-fillet Frozen Fish over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.14B
IMPORTS (2022)$1.66B
NET TRADE (2022)-$523M

In 2022, South Korea exported $1.14B in Non-fillet Frozen Fish. The main destinations of South Korea exports on Non-fillet Frozen Fish were China ($510M), Vietnam ($115M), Thailand ($113M), Japan ($98.5M), and United States ($82.1M).

In 2022, South Korea imported $1.66B in Non-fillet Frozen Fish, mainly from Russia ($697M), China ($212M), United States ($168M), Norway ($116M), and Chinese Taipei ($73.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Non-fillet Frozen Fish EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
China$192M (60.2%)
United States$37.9M (85.6%)
Thailand$28.3M (33.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-fillet Frozen Fish BY South Korea WERE (2021 - 2022):
Italy-$8.36M (-49.9%)
Mauritius-$7.37M (-94.8%)
Ecuador-$6.84M (-59.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Non-fillet Frozen Fish were:
Russia $3.76B
Chile $2.12B
United States $2.08B
In 2022, South Korea's main importing competitors in Non-fillet Frozen Fish were:
China $5.12B
Japan $3.12B
Thailand $2.08B

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Trade Value of Non-fillet Frozen Fish by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $20.9M
TOP IMPORT POTENTIALChina+ $34.6M

Non-fillet Frozen Fish’s highest export potential is Japan. With an export gap of $20.9M.   Non-fillet Frozen Fish’s highest import potential is China with an import gap of $34.6M.

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