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2018
Exports $10.1MWorld Rnk 28 / 181
Flag Rnk 725 / 1204
2018
Destination $3.59M Indonesia
2021 - 2022
FASTEST GROWING MARKET $3.59MIndonesia
2022
PRODUCT COMPLEXITY IN Non-Knit Women's Undergarments-1.2Rnk 879 / 1025
2018
Imports $145MWorld Rnk 5 / 214
Flag Rnk 432 / 1213
2018
Origin $21.2M China
2021 - 2022
FASTEST GROWING ORIGIN $21.2MChina
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2018, South Korea exported $10.1M in Non-Knit Women's Undergarments, making it the 28th largest exporter of Non-Knit Women's Undergarments in the world. At the same year, Non-Knit Women's Undergarments was the 725th most exported product in South Korea. The main destination of Non-Knit Women's Undergarments exports from South Korea are: Indonesia ($3.89M), United States ($2.78M), Japan ($1.54M), China ($650k), and Chinese Taipei ($313k).

The fastest growing export markets for Non-Knit Women's Undergarments of South Korea between 2021 and 2022 were Indonesia ($3.59M), Japan ($425k), and United States ($384k).

Imports In 2022, South Korea imported $145M in Non-Knit Women's Undergarments, becoming the 5th largest importer of Non-Knit Women's Undergarments in the world. At the same year, Non-Knit Women's Undergarments was the 432nd most imported product in South Korea. South Korea imports Non-Knit Women's Undergarments primarily from: China ($101M), Vietnam ($18.9M), Bangladesh ($7.44M), Burma ($5.07M), and Cambodia ($4.07M).

The fastest growing import markets in Non-Knit Women's Undergarments for South Korea between 2021 and 2022 were China ($21.2M), Burma ($3.1M), and Cambodia ($1.53M).

Latest Trends

July 2024

About

Overview In July 2024 South Korea's Non-Knit Women's Undergarments exports accounted up to $295k and imports accounted up to $7.16M, resulting in a negative trade balance of $6.87M. Between July 2023 and July 2024 the exports of South Korea's   Non-Knit Women's Undergarments have increased by $93k (46%) from $202k to $295k, while imports decreased by $-1.21M (-14.5%) from $8.37M to $7.16M.

Destinations In July 2024, Non-Knit Women's Undergarments were exported mostly to Japan ($139k), China ($40k), United States ($40k), Mongolia ($32k), and Hong Kong ($14k), and were imported mostly from China ($5.97M), Vietnam ($718k), Bangladesh ($213k), Burma ($60k), and India ($52k).

Growth In July 2024, the increase in Non-Knit Women's Undergarments's year-by-year exports was explained primarily by an increase in exports to Canada ($6k or 200%) and Australia ($3k or 150%). In July 2024, the decrease in Non-Knit Women's Undergarments's year-by-year imports was explained primarily by a decrease in imports from China ($-1.83M or -28.5%), India ($-296k or -99.3%), and Burma ($-88k or -26%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$93k(46%)
IMPORT GROWTH (July 2023 - July 2024)$-1.21M(-14.5%)
MAIN DESTINATION (July 2024)Japan$139k

This section shows Non-Knit Women's Undergarments'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 Women's Undergarments over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$10.1M
IMPORTS (2022)$145M
NET TRADE (2022)-$135M

In 2022, South Korea exported $10.1M in Non-Knit Women's Undergarments. The main destinations of South Korea exports on Non-Knit Women's Undergarments were Indonesia ($3.89M), United States ($2.78M), Japan ($1.54M), China ($650k), and Chinese Taipei ($313k).

In 2022, South Korea imported $145M in Non-Knit Women's Undergarments, mainly from China ($101M), Vietnam ($18.9M), Bangladesh ($7.44M), Burma ($5.07M), and Cambodia ($4.07M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Non-Knit Women's Undergarments EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Indonesia$3.59M (1.21k%)
Japan$425k (38.2%)
United States$384k (16%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Knit Women's Undergarments BY South Korea WERE (2021 - 2022):
Malaysia-$30.3k (-51.9%)
Canada-$21.1k (-42.9%)
United Kingdom-$17.9k (-36.6%)
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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-Knit Women's Undergarments were:
China $1.13B
Turkey $214M
India $205M
In 2022, South Korea's main importing competitors in Non-Knit Women's Undergarments were:
United States $565M
United Kingdom $178M
Germany $177M

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Trade Value of Non-Knit Women's Undergarments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $631k
TOP IMPORT POTENTIALBangladesh+ $3.32M

Non-Knit Women's Undergarments’s highest export potential is United States. With an export gap of $631k.   Non-Knit Women's Undergarments’s highest import potential is Bangladesh with an import gap of $3.32M.

See methodology.

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