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Pricing

2022
Exports $78.4MWorld Rnk 34 / 219
Flag Rnk 410 / 1204
2022
Destination $2.76M United States
2021 - 2022
FASTEST GROWING MARKET $2.76MVietnam
2022
PRODUCT COMPLEXITY IN Other toys0.27Rnk 463 / 1025
2022
Imports $898MWorld Rnk 18 / 222
Flag Rnk 121 / 1213
2022
Origin $30.3M China
2021 - 2022
FASTEST GROWING ORIGIN $30.3MChina
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $78.4M in Other toys, making it the 34th largest exporter of Other toys in the world. At the same year, Other toys was the 410th most exported product in South Korea. The main destination of Other toys exports from South Korea are: United States ($20M), China ($11.8M), Japan ($9.93M), Vietnam ($5.78M), and Chinese Taipei ($3.27M).

The fastest growing export markets for Other toys of South Korea between 2021 and 2022 were Vietnam ($2.76M), United States ($2.13M), and United Kingdom ($1.43M).

Imports In 2022, South Korea imported $898M in Other toys, becoming the 18th largest importer of Other toys in the world. At the same year, Other toys was the 121st most imported product in South Korea. South Korea imports Other toys primarily from: China ($773M), Vietnam ($26.8M), Japan ($26.4M), Czechia ($16.2M), and Germany ($9.74M).

The fastest growing import markets in Other toys for South Korea between 2021 and 2022 were China ($30.3M), Czechia ($9.68M), and Vietnam ($5.38M).

COMPANIES In 2023, leading companies such as LG Electronics (11k), Volvo (217), and Tesla (47) were at the forefront of shipping Other toys from South Korea to the United States.

Latest Trends

July 2024

About

Overview In July 2024 South Korea's Other toys exports accounted up to $10.4M and imports accounted up to $62.9M, resulting in a negative trade balance of $52.4M. Between July 2023 and July 2024 the exports of South Korea's   Other toys have increased by $3.44M (49.2%) from $6.99M to $10.4M, while imports increased by $5.73M (10%) from $57.1M to $62.9M.

Destinations In July 2024, Other toys were exported mostly to United States ($3.16M), Japan ($2.66M), China ($645k), Canada ($404k), and United Kingdom ($388k), and were imported mostly from China ($50.6M), Japan ($3.58M), Vietnam ($2.49M), Czechia ($1.45M), and Chinese Taipei ($640k).

Growth In July 2024, the increase in Other toys's year-by-year exports was explained primarily by an increase in exports to Russia ($651k or 10.9k%), Belgium ($228k or 3.8k%), and Norway ($187k or 18.7k%). In July 2024, the increase in Other toys's year-by-year imports was explained primarily by an increase in imports from Vietnam ($715k or 38.2%), Czechia ($522k or 114%), and Hungary ($394k or 66.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$3.44M(49.2%)
IMPORT GROWTH (July 2023 - July 2024)$5.73M(10%)
MAIN DESTINATION (July 2024)United States$3.16M

This section shows Other toys'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 toys over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$78.4M
IMPORTS (2022)$898M
NET TRADE (2022)-$819M

In 2022, South Korea exported $78.4M in Other toys. The main destinations of South Korea exports on Other toys were United States ($20M), China ($11.8M), Japan ($9.93M), Vietnam ($5.78M), and Chinese Taipei ($3.27M).

In 2022, South Korea imported $898M in Other toys, mainly from China ($773M), Vietnam ($26.8M), Japan ($26.4M), Czechia ($16.2M), and Germany ($9.74M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other toys EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Vietnam$2.76M (91.2%)
United States$2.13M (11.9%)
United Kingdom$1.43M (82.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other toys BY South Korea WERE (2021 - 2022):
China-$4.74M (-28.7%)
Japan-$2.51M (-20.2%)
Russia-$1M (-47.4%)
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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 toys were:
China $47.6B
Czechia $2.86B
Germany $2.4B
In 2022, South Korea's main importing competitors in Other toys were:
United States $18.6B
Germany $4.4B
United Kingdom $3.06B

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Trade Value of Other toys by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $15.6M
TOP IMPORT POTENTIALChina+ $241M

Other toys’s highest export potential is United States. With an export gap of $15.6M.   Other toys’s highest import potential is China with an import gap of $241M.

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