2023
Exports
$85.5kWorld Rnk 49 / 99
Flag Rnk 1084 / 1188
2023
PRODUCT COMPLEXITY IN Oats
-0.33Rnk 649 / 1025
2023
Imports
$8MWorld Rnk 19 / 184
Flag Rnk 930 / 1208
2023
ECONOMIC COMPLEXITY of South Korea
1.85Rnk 4 / 132

About

Exports In 2023, South Korea exported $85.5k in Oats, making it the 49th largest exporter of Oats in the world. At the same year, Oats was the 1084th most exported product in South Korea. The main destination of Oats exports from South Korea are: United States ($83.2k), Macau ($1.48k), Jordan ($655), Singapore ($80), and Zambia ($33).

The fastest growing export markets for Oats of South Korea between 2022 and 2023 were United States ($21.8k), Macau ($1.48k), and Jordan ($655).

Imports In 2023, South Korea imported $8M in Oats, becoming the 19th largest importer of Oats in the world. At the same year, Oats was the 930th most imported product in South Korea. South Korea imports Oats primarily from: Canada ($6.31M), United Kingdom ($612k), Australia ($542k), United States ($481k), and China ($42.5k).

The fastest growing import markets in Oats for South Korea between 2022 and 2023 were United Kingdom ($569k), Canada ($530k), and United States ($290k).

Latest Trends

December 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$-6k(-26.1%)
IMPORT GROWTH (December 2023 - December 2024)$124k(19.3%)
MAIN DESTINATION (December 2024)United States$14k

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 (2023)$85.5k
IMPORTS (2023)$8M
NET TRADE (2023)-$7.91M

In 2023, South Korea exported $85.5k in Oats. The main destinations of South Korea exports on Oats were United States ($83.2k), Macau ($1.48k), Jordan ($655), Singapore ($80), and Zambia ($33).

In 2023, South Korea imported $8M in Oats, mainly from Canada ($6.31M), United Kingdom ($612k), Australia ($542k), United States ($481k), and China ($42.5k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Oats EXPORT MARKETS FOR South Korea WERE (2022 - 2023):
United States$21.8k (35.5%)
Macau$1.48k (1%)
Jordan$655 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Oats BY South Korea WERE (2022 - 2023):
Australia-$6.62k (-100%)
Vietnam-$4.44k (-100%)
New Zealand-$3.52k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, South Korea's main exporting competitors in Oats were:
In 2023, 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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