2022
Exports
$9.43MWorld Rnk 51 / 203
Flag Rnk 737 / 1204
2022
PRODUCT COMPLEXITY IN Other Wood Articles
-0.26Rnk 632 / 1025
2022
Imports
$190MWorld Rnk 11 / 225
Flag Rnk 379 / 1213
2022
ECONOMIC COMPLEXITY of South Korea
1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $9.43M in Other Wood Articles, making it the 51st largest exporter of Other Wood Articles in the world. At the same year, Other Wood Articles was the 737th most exported product in South Korea. The main destination of Other Wood Articles exports from South Korea are: United States ($4.16M), China ($2.74M), Japan ($1.1M), Chinese Taipei ($248k), and Vietnam ($248k).

The fastest growing export markets for Other Wood Articles of South Korea between 2021 and 2022 were Indonesia ($52k), Germany ($22.8k), and Philippines ($22.3k).

Imports In 2022, South Korea imported $190M in Other Wood Articles, becoming the 11th largest importer of Other Wood Articles in the world. At the same year, Other Wood Articles was the 379th most imported product in South Korea. South Korea imports Other Wood Articles primarily from: China ($169M), Vietnam ($8.82M), Indonesia ($3.31M), France ($1.93M), and Italy ($663k).

The fastest growing import markets in Other Wood Articles for South Korea between 2021 and 2022 were France ($1.8M), Vietnam ($1.32M), and Indonesia ($1.15M).

COMPANIES In 2023, leading companies such as LG Electronics (4.56k) and Samsung (1) were at the forefront of shipping Other Wood Articles from South Korea to the United States.

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$203k(25.7%)
IMPORT GROWTH (July 2023 - July 2024)$110k(1.06%)
MAIN DESTINATION (July 2024)United States$665k

This section shows Other Wood Articles'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 Wood Articles over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$9.43M
IMPORTS (2022)$190M
NET TRADE (2022)-$181M

In 2022, South Korea exported $9.43M in Other Wood Articles. The main destinations of South Korea exports on Other Wood Articles were United States ($4.16M), China ($2.74M), Japan ($1.1M), Chinese Taipei ($248k), and Vietnam ($248k).

In 2022, South Korea imported $190M in Other Wood Articles, mainly from China ($169M), Vietnam ($8.82M), Indonesia ($3.31M), France ($1.93M), and Italy ($663k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Wood Articles EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Indonesia$52k (109%)
Germany$22.8k (173%)
Philippines$22.3k (31.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Wood Articles BY South Korea WERE (2021 - 2022):
Russia-$640k (-93.2%)
United States-$586k (-12.3%)
China-$444k (-14%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Other Wood Articles were:
China $4.03B
In 2022, South Korea's main importing competitors in Other Wood Articles were:

Explore Visualizations

Trade Value of Other Wood Articles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.82M
TOP IMPORT POTENTIALChina+ $7.73M

Other Wood Articles’s highest export potential is United States. With an export gap of $1.82M.   Other Wood Articles’s highest import potential is China with an import gap of $7.73M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with