Non-Knit Gloves in South Korea | The Observatory of Economic Complexity

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Exports In 2022, South Korea exported $2.48M in Non-Knit Gloves, making it the 35th largest exporter of Non-Knit Gloves in the world. At the same year, Non-Knit Gloves was the 903rd most exported product in South Korea. The main destination of Non-Knit Gloves exports from South Korea are: United States ($925k), Hong Kong ($305k), China ($122k), Mexico ($102k), and Australia ($99.3k).

The fastest growing export markets for Non-Knit Gloves of South Korea between 2021 and 2022 were United States ($570k), China ($40k), and Egypt ($34.7k).

Imports In 2022, South Korea imported $26.7M in Non-Knit Gloves, becoming the 11th largest importer of Non-Knit Gloves in the world. At the same year, Non-Knit Gloves was the 788th most imported product in South Korea. South Korea imports Non-Knit Gloves primarily from: China ($15.1M), Indonesia ($5.19M), Vietnam ($2.76M), India ($593k), and Italy ($509k).

The fastest growing import markets in Non-Knit Gloves for South Korea between 2021 and 2022 were Indonesia ($3.02M), China ($865k), and Cambodia ($232k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Non-Knit Gloves from South Korea to the United States.

Latest Trends

February 2024

About

Overview In February 2024 South Korea's Non-Knit Gloves exports accounted up to $125k and imports accounted up to $1.48M, resulting in a negative trade balance of $1.35M. Between February 2023 and February 2024 the exports of South Korea's Non-Knit Gloves have decreased by $-93k (-42.7%) from $218k to $125k, while imports decreased by $-191k (-11.4%) from $1.67M to $1.48M.

Destinations In February 2024, Non-Knit Gloves were exported mostly to Hong Kong ($29k), Malaysia ($21k), United States ($16k), China ($14k), and Switzerland ($14k), and were imported mostly from China ($635k), Indonesia ($425k), Vietnam ($171k), Pakistan ($115k), and India ($38k).

Growth In February 2024, the decrease in Non-Knit Gloves's year-by-year exports was explained primarily by a decrease in exports to United States ($-105k or -74.5%), China ($-6k or -85.7%), and Mexico ($-5k or -25%). In February 2024, the decrease in Non-Knit Gloves's year-by-year imports was explained primarily by a decrease in imports from India ($-31k or -41.3%), Italy ($-18k or -45%), and Burma ($-14k or -66.7%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$-93k(-42.7%)

IMPORT GROWTH (February 2023 - February 2024)$-191k(-11.4%)

MAIN DESTINATION (February 2024)Hong Kong$29k

This section shows Non-Knit Gloves'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-Knit Gloves over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$2.48M

IMPORTS (2022)$26.7M

NET TRADE (2022)-$24.2M

In 2022, South Korea exported $2.48M in Non-Knit Gloves. The main destinations of South Korea exports on Non-Knit Gloves were United States ($925k), Hong Kong ($305k), China ($122k), Mexico ($102k), and Australia ($99.3k).

In 2022, South Korea imported $26.7M in Non-Knit Gloves, mainly from China ($15.1M), Indonesia ($5.19M), Vietnam ($2.76M), India ($593k), and Italy ($509k).

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