2022
Exports
$128kWorld Rnk 47 / 102
Flag Rnk 1111 / 1204
2022
PRODUCT COMPLEXITY IN Oats
-0.36Rnk 663 / 1025
2022
Imports
$9.62MWorld Rnk 16 / 183
Flag Rnk 947 / 1213
2022
ECONOMIC COMPLEXITY of South Korea
1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $128k in Oats, making it the 47th largest exporter of Oats in the world. At the same year, Oats was the 1111th most exported product in South Korea. The main destination of Oats exports from South Korea are: United States ($106k), Australia ($6.62k), Vietnam ($4.44k), New Zealand ($3.52k), and Canada ($2.57k).

The fastest growing export markets for Oats of South Korea between 2021 and 2022 were Netherlands ($2.14k), New Zealand ($624), and Canada ($623).

Imports In 2022, South Korea imported $9.62M in Oats, becoming the 16th largest importer of Oats in the world. At the same year, Oats was the 947th most imported product in South Korea. South Korea imports Oats primarily from: Canada ($4.94M), Australia ($3.63M), Russia ($533k), United Kingdom ($318k), and United States ($80.9k).

The fastest growing import markets in Oats for South Korea between 2021 and 2022 were Australia ($3.09M), Canada ($448k), and Russia ($97.2k).

COMPANIES In 2023, leading companies such as General Motors (2) were at the forefront of shipping Oats from South Korea to the United States.

Latest Trends

October 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$-14k(-58.3%)
IMPORT GROWTH (October 2023 - October 2024)$-120k(-11.9%)
MAIN DESTINATION (October 2024)United States$9k

This section shows Oats'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 Oats over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$128k
IMPORTS (2022)$9.62M
NET TRADE (2022)-$9.49M

In 2022, South Korea exported $128k in Oats. The main destinations of South Korea exports on Oats were United States ($106k), Australia ($6.62k), Vietnam ($4.44k), New Zealand ($3.52k), and Canada ($2.57k).

In 2022, South Korea imported $9.62M in Oats, mainly from Canada ($4.94M), Australia ($3.63M), Russia ($533k), United Kingdom ($318k), and United States ($80.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Oats EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Netherlands$2.14k (1%)
New Zealand$624 (21.5%)
Canada$623 (31.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Oats BY South Korea WERE (2021 - 2022):
Vietnam-$4.6k (-50.9%)
United States-$2.37k (-2.18%)
Philippines-$1.04k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Oats were:
In 2022, South Korea's main importing competitors in Oats were:

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Trade Value of Oats by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $79.1k
TOP IMPORT POTENTIALRussia+ $206k

Oats’s highest export potential is United States. With an export gap of $79.1k.   Oats’s highest import potential is Russia with an import gap of $206k.

See methodology.

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