Overview In April 2023 South Korea's Non-knitted clothing accesories exports accounted up to $90.5M and imports accounted up to $487M, resulting in a negative trade balance of $396M. Between April 2022 and April 2023 the exports of South Korea's Non-knitted clothing accesories have increased by $1.34M (1.51%) from $89.2M to $90.5M, while imports decreased by $-44.8M (-8.44%) from $531M to $487M.
Destinations In April 2023, Non-knitted clothing accesories were exported mostly to Vietnam ($31.1M), China ($21.8M), Hong Kong ($7M), Japan ($6.54M), and United States ($4.74M), and were imported mostly from China ($182M), Vietnam ($128M), Italy ($38.2M), Burma ($24.1M), and Indonesia ($21.1M).
Growth In April 2023, the increase in Non-knitted clothing accesories's year-by-year exports was explained primarily by an increase in exports to China ($5.37M or 25.3%), Hong Kong ($2.51M or 61.5%), and United States ($1.93M or 62.1%). In April 2023, the decrease in Non-knitted clothing accesories's year-by-year imports was explained primarily by a decrease in imports from Cambodia ($-2.7M or -32.2%), India ($-718k or -15.7%), and Morocco ($-504k or -25.9%).