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Pricing

2022
Exports $8.64kWorld Rnk 37 / 60
Flag Rnk 1174 / 1204
2022
Destination $6.52k Egypt
2021 - 2022
FASTEST GROWING MARKET $6.52kEgypt
2022
Imports $3.9MWorld Rnk 11 / 134
Flag Rnk 1044 / 1213
2022
Origin $1.17M China
2021 - 2022
FASTEST GROWING ORIGIN $1.17MChina
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $8.64k in Non-Retail Silk Yarn, making it the 37th largest exporter of Non-Retail Silk Yarn in the world. At the same year, Non-Retail Silk Yarn was the 1174th most exported product in South Korea. The main destination of Non-Retail Silk Yarn exports from South Korea are: Egypt ($6.52k), Vietnam ($1.02k), Philippines ($646), Pakistan ($381), and Angola ($70).

The fastest growing export markets for Non-Retail Silk Yarn of South Korea between 2021 and 2022 were Egypt ($6.52k), Vietnam ($672), and Philippines ($646).

Imports In 2022, South Korea imported $3.9M in Non-Retail Silk Yarn, becoming the 11th largest importer of Non-Retail Silk Yarn in the world. At the same year, Non-Retail Silk Yarn was the 1044th most imported product in South Korea. South Korea imports Non-Retail Silk Yarn primarily from: China ($1.76M), Vietnam ($1.5M), Italy ($537k), Uzbekistan ($67k), and Japan ($17.6k).

The fastest growing import markets in Non-Retail Silk Yarn for South Korea between 2021 and 2022 were China ($1.17M), Italy ($220k), and Vietnam ($146k).

Latest Trends

July 2024

About

Overview In July 2024 South Korea's Non-Retail Silk Yarn exports accounted up to $0 and imports accounted up to $95k, resulting in a negative trade balance of $95k. Between July 2023 and July 2024 the exports of South Korea's   Non-Retail Silk Yarn have remained the same by $0 (N/A%) from $0 to $0, while imports decreased by $-579k (-85.9%) from $674k to $95k.

Destinations In July 2024, Non-Retail Silk Yarn were exported mostly to China ($0), Japan ($0), Vietnam ($0), and Italy ($0), and were imported mostly from Vietnam ($60k), China ($26k), Italy ($9k), and Japan ($0).

Growth In July 2024, the change in Non-Retail Silk Yarn's year-by-year exports was explained primarily by a decrease in exports to . In July 2024, the decrease in Non-Retail Silk Yarn's year-by-year imports was explained primarily by a decrease in imports from Vietnam ($-29k or -17.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
IMPORT GROWTH (July 2023 - July 2024)$-579k(-85.9%)
MAIN DESTINATION (July 2024)China$0

This section shows Non-Retail Silk Yarn'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-Retail Silk Yarn over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$8.64k
IMPORTS (2022)$3.9M
NET TRADE (2022)-$3.89M

In 2022, South Korea exported $8.64k in Non-Retail Silk Yarn. The main destinations of South Korea exports on Non-Retail Silk Yarn were Egypt ($6.52k), Vietnam ($1.02k), Philippines ($646), Pakistan ($381), and Angola ($70).

In 2022, South Korea imported $3.9M in Non-Retail Silk Yarn, mainly from China ($1.76M), Vietnam ($1.5M), Italy ($537k), Uzbekistan ($67k), and Japan ($17.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Non-Retail Silk Yarn EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Egypt$6.52k (1%)
Vietnam$672 (193%)
Philippines$646 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Retail Silk Yarn BY South Korea WERE (2021 - 2022):Japan-$3.1k (-100%)
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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-Retail Silk Yarn were:
China $75.7M
Romania $68.1M
Vietnam $32.8M
In 2022, South Korea's main importing competitors in Non-Retail Silk Yarn were:
Italy $84.2M
Japan $37.9M
India $20.1M

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Trade Value of Non-Retail Silk Yarn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALVietnam+ $1.17k
TOP IMPORT POTENTIALChina+ $412k

Non-Retail Silk Yarn’s highest export potential is Vietnam. With an export gap of $1.17k.   Non-Retail Silk Yarn’s highest import potential is China with an import gap of $412k.

See methodology.

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