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2022
Exports $66.8MWorld Rnk 29 / 189
Flag Rnk 439 / 1204
2022
Destination $2.66M Hong Kong
2021 - 2022
FASTEST GROWING MARKET $2.66MVietnam
2022
PRODUCT COMPLEXITY IN Other Fruits-1.36Rnk 924 / 1025
2022
Imports $195MWorld Rnk 17 / 220
Flag Rnk 370 / 1213
2022
Origin $5.81M New Zealand
2021 - 2022
FASTEST GROWING ORIGIN $5.81MNew Zealand
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $66.8M in Other Fruits, making it the 29th largest exporter of Other Fruits in the world. At the same year, Other Fruits was the 439th most exported product in South Korea. The main destination of Other Fruits exports from South Korea are: Hong Kong ($16.6M), Singapore ($13.1M), Vietnam ($10.5M), Thailand ($8.94M), and Malaysia ($5.31M).

The fastest growing export markets for Other Fruits of South Korea between 2021 and 2022 were Vietnam ($2.66M), Philippines ($1.7M), and Thailand ($718k).

Imports In 2022, South Korea imported $195M in Other Fruits, becoming the 17th largest importer of Other Fruits in the world. At the same year, Other Fruits was the 370th most imported product in South Korea. South Korea imports Other Fruits primarily from: New Zealand ($145M), Chile ($21.8M), United States ($11M), Vietnam ($9.05M), and Thailand ($5.91M).

The fastest growing import markets in Other Fruits for South Korea between 2021 and 2022 were New Zealand ($5.81M), Vietnam ($2.69M), and Thailand ($1.11M).

Latest Trends

August 2024

About

Overview In August 2024 South Korea's Other Fruits exports accounted up to $39k and imports accounted up to $28.6M, resulting in a negative trade balance of $28.6M. Between August 2023 and August 2024 the exports of South Korea's   Other Fruits have increased by $29k (290%) from $10k to $39k, while imports increased by $15.1M (111%) from $13.5M to $28.6M.

Destinations In August 2024, Other Fruits were exported mostly to Guam ($29k), Hong Kong ($3k), Kuwait ($2k), Mongolia ($2k), and United States ($2k), and were imported mostly from New Zealand ($22.4M), United States ($4.16M), Vietnam ($810k), Canada ($665k), and Thailand ($540k).

Growth In August 2024, the increase in Other Fruits's year-by-year exports was explained primarily by an increase in exports to Singapore ($1.05M or 49%), Thailand ($898k or 42.9%), and Hong Kong ($631k or 19%). In August 2024, the increase in Other Fruits's year-by-year imports was explained primarily by an increase in imports from Chile ($2.96M or 57.5%), United States ($289k or 134%), and Vietnam ($147k or 23.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$29k(290%)
IMPORT GROWTH (August 2023 - August 2024)$15.1M(111%)
MAIN DESTINATION (August 2024)Guam$29k

This section shows Other Fruits'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 Other Fruits over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$66.8M
IMPORTS (2022)$195M
NET TRADE (2022)-$128M

In 2022, South Korea exported $66.8M in Other Fruits. The main destinations of South Korea exports on Other Fruits were Hong Kong ($16.6M), Singapore ($13.1M), Vietnam ($10.5M), Thailand ($8.94M), and Malaysia ($5.31M).

In 2022, South Korea imported $195M in Other Fruits, mainly from New Zealand ($145M), Chile ($21.8M), United States ($11M), Vietnam ($9.05M), and Thailand ($5.91M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Fruits EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Vietnam$2.66M (33.9%)
Philippines$1.7M (76.6%)
Thailand$718k (8.74%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Fruits BY South Korea WERE (2021 - 2022):
Hong Kong-$5.83M (-25.9%)
Singapore-$2.63M (-16.8%)
Canada-$341k (-20%)
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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 Other Fruits were:
Thailand $3.94B
Spain $2.1B
Mexico $2.04B
In 2022, South Korea's main importing competitors in Other Fruits were:
China $5.61B
United States $3.44B
Germany $1.81B

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Trade Value of Other Fruits by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $1.31M
TOP IMPORT POTENTIALThailand+ $7.66M

Other Fruits’s highest export potential is Canada. With an export gap of $1.31M.   Other Fruits’s highest import potential is Thailand with an import gap of $7.66M.

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