2022
Exports
$332kWorld Rnk 89 / 126
Flag Rnk 1064 / 1204
2022
PRODUCT COMPLEXITY IN Other Vegetable Residues
-1.23Rnk 885 / 1025
2022
Imports
$531MWorld Rnk 4 / 190
Flag Rnk 180 / 1213
2022
ECONOMIC COMPLEXITY of South Korea
1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $332k in Other Vegetable Residues, making it the 89th largest exporter of Other Vegetable Residues in the world. At the same year, Other Vegetable Residues was the 1064th most exported product in South Korea. The main destination of Other Vegetable Residues exports from South Korea are: Brunei ($173k), Japan ($98.2k), United States ($57.6k), Tajikistan ($3.38k), and Canada ($13).

The fastest growing export markets for Other Vegetable Residues of South Korea between 2021 and 2022 were Brunei ($121k), Japan ($53k), and United States ($48.5k).

Imports In 2022, South Korea imported $531M in Other Vegetable Residues, becoming the 4th largest importer of Other Vegetable Residues in the world. At the same year, Other Vegetable Residues was the 180th most imported product in South Korea. South Korea imports Other Vegetable Residues primarily from: India ($191M), Indonesia ($183M), Malaysia ($100M), Philippines ($44.2M), and China ($5.1M).

The fastest growing import markets in Other Vegetable Residues for South Korea between 2021 and 2022 were Indonesia ($70.9M), India ($65.6M), and Philippines ($15.6M).

COMPANIES In 2023, leading companies such as Direct Link (1) were at the forefront of shipping Other Vegetable Residues from South Korea to the United States.

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
IMPORT GROWTH (November 2023 - November 2024)$-19.5M(-45.6%)
MAIN DESTINATION (November 2024)Benin$0

This section shows Other Vegetable Residues'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 Vegetable Residues over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$332k
IMPORTS (2022)$531M
NET TRADE (2022)-$531M

In 2022, South Korea exported $332k in Other Vegetable Residues. The main destinations of South Korea exports on Other Vegetable Residues were Brunei ($173k), Japan ($98.2k), United States ($57.6k), Tajikistan ($3.38k), and Canada ($13).

In 2022, South Korea imported $531M in Other Vegetable Residues, mainly from India ($191M), Indonesia ($183M), Malaysia ($100M), Philippines ($44.2M), and China ($5.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Vegetable Residues EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Brunei$121k (235%)
Japan$53k (117%)
United States$48.5k (533%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Vegetable Residues BY South Korea WERE (2021 - 2022):
Cambodia-$2.73k (-100%)
Chile-$873 (-100%)
Singapore-$95 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Other Vegetable Residues by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $84.8k
TOP IMPORT POTENTIALChina+ $3.38M

Other Vegetable Residues’s highest export potential is United States. With an export gap of $84.8k.   Other Vegetable Residues’s highest import potential is China with an import gap of $3.38M.

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