HS Icon Non-Retail Synthetic Filament Yarn in  Flag South Korea

2019
Exports | Imports
: $1.1B | $799M, World Rnk 3 / 153
Flag Rnk 84 / 1200 | World Rnk 5 / 210
Flag Rnk 111 / 1209

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $46.5M | $43.2M, Turkey |  China

2019
ECONOMIC COMPLEXITY of South Korea
: 1.9, Rnk 5 / 147

2019
PRODUCT COMPLEXITY  IN Non-Retail Synthetic Filament Yarn
: 0.2, Rnk 482 / 1029

Exports In 2019, South Korea exported $1.1B in Non-Retail Synthetic Filament Yarn, making it the 3rd largest exporter of Non-Retail Synthetic Filament Yarn in the world. At the same year, Non-Retail Synthetic Filament Yarn was the 84th most exported product in South Korea. The main destination of Non-Retail Synthetic Filament Yarn exports from South Korea are: Turkey ($172M), United States ($170M), China ($130M), Vietnam ($74.1M), and Japan ($47.7M).

The fastest growing export markets for Non-Retail Synthetic Filament Yarn of South Korea between 2018 and 2019 were Turkey ($46.5M), Mexico ($5.56M), and United States ($4.85M).

Imports In 2019, South Korea imported $799M in Non-Retail Synthetic Filament Yarn, becoming the 5th largest importer of Non-Retail Synthetic Filament Yarn in the world. At the same year, Non-Retail Synthetic Filament Yarn was the 111th most imported product in South Korea. South Korea imports Non-Retail Synthetic Filament Yarn primarily from: China ($424M), Vietnam ($107M), Japan ($55.9M), India ($41.6M), and Chinese Taipei ($38.5M).

The fastest growing import markets in Non-Retail Synthetic Filament Yarn for South Korea between 2018 and 2019 were China ($43.2M), Chinese Taipei ($11.7M), and Canada ($7M).

Tariffs In 2018, the average tariff for South Korea in Non-Retail Synthetic Filament Yarn was 5.05%. The countries with the highest import tariffs for Non-Retail Synthetic Filament Yarn were Botswana (Most Favoured Nation duty rate treatement, 8%), Cote d'Ivoire (Most Favoured Nation duty rate treatement, 8%), Cameroon (Most Favoured Nation duty rate treatement, 8%), Republic of the Congo (Most Favoured Nation duty rate treatement, 8%), and Cape Verde (Most Favoured Nation duty rate treatement, 8%).

August 2021

Subnational Monthly Trade

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Time Scale
Flow
Value

EXPORT GROWTH (August 2020 - August 2021): $30.8M, (49.5%)

IMPORT GROWTH (August 2020 - August 2021): $21.9M, (48.9%)

MAIN DESTINATION (August 2021): United States, $16.6M

This section shows Non-Retail Synthetic Filament 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 Synthetic Filament Yarn over time.

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Historical Data

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EXPORTS (2019): $1.1B

IMPORTS (2019): $799M

NET TRADE (2019): $304M

In 2019, South Korea exported $1.1B in Non-Retail Synthetic Filament Yarn. The main destinations of South Korea exports on Non-Retail Synthetic Filament Yarn were Turkey ($172M), United States ($170M), China ($130M), Vietnam ($74.1M), and Japan ($47.7M).

In 2019, South Korea imported $799M in Non-Retail Synthetic Filament Yarn, mainly from China ($424M), Vietnam ($107M), Japan ($55.9M), India ($41.6M), and Chinese Taipei ($38.5M).

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IN 2019, South Korea HAD A POSITIVE NET TRADE IN Non-Retail Synthetic Filament Yarn WITH:

IN 2019, South Korea HAD A NEGATIVE NET TRADE IN Non-Retail Synthetic Filament Yarn WITH:

Flow

THE FASTEST GROWING Non-Retail Synthetic Filament Yarn EXPORT MARKETS FOR South Korea WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Retail Synthetic Filament Yarn BY South Korea WERE (2018 - 2019):

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Market Concentration

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Flow
Type

In 2019, South Korea's main exporting competitors in Non-Retail Synthetic Filament Yarn were:

In 2019, South Korea's main importing competitors in Non-Retail Synthetic Filament Yarn were:

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Tariffs by Country

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In 2018, the average tariff for South Korea in Non-Retail Synthetic Filament Yarn was 5.05%.

The countries with the highest tariffs for Non-Retail Synthetic Filament Yarn in South Korea were Botswana (Most Favoured Nation duty rate treatement, 8%), Cote d'Ivoire (Most Favoured Nation duty rate treatement, 8%), Cameroon (Most Favoured Nation duty rate treatement, 8%), Republic of the Congo (Most Favoured Nation duty rate treatement, 8%), and Cape Verde (Most Favoured Nation duty rate treatement, 8%).