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Exports In 2022, South Korea exported $31.9M in Patent Leather, making it the 2nd largest exporter of Patent Leather in the world. At the same year, Patent Leather was the 568th most exported product in South Korea. The main destination of Patent Leather exports from South Korea are: Vietnam ($9.76M), Cambodia ($7.14M), Indonesia ($5.79M), Hong Kong ($2.58M), and China ($2.49M).

The fastest growing export markets for Patent Leather of South Korea between 2021 and 2022 were Cambodia ($3.5M), China ($597k), and Bosnia and Herzegovina ($327k).

Imports In 2022, South Korea imported $4.08M in Patent Leather, becoming the 20th largest importer of Patent Leather in the world. At the same year, Patent Leather was the 1040th most imported product in South Korea. South Korea imports Patent Leather primarily from: Italy ($3.53M), India ($239k), Vietnam ($64.2k), Cambodia ($62.8k), and Tunisia ($51.3k).

The fastest growing import markets in Patent Leather for South Korea between 2021 and 2022 were India ($69.1k), Cambodia ($62.8k), and Tunisia ($20.7k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Patent Leather. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$31.9M
IMPORTS (2022)$4.08M
NET TRADE (2022)$27.8M

In 2022, South Korea exported $31.9M in Patent Leather. The main destinations of South Korea exports on Patent Leather were Vietnam ($9.76M), Cambodia ($7.14M), Indonesia ($5.79M), Hong Kong ($2.58M), and China ($2.49M).

In 2022, South Korea imported $4.08M in Patent Leather, mainly from Italy ($3.53M), India ($239k), Vietnam ($64.2k), Cambodia ($62.8k), and Tunisia ($51.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Patent Leather EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Cambodia$3.5M (96.2%)
China$597k (31.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Patent Leather BY South Korea WERE (2021 - 2022):
Vietnam-$3.76M (-27.8%)
Hong Kong-$2.44M (-48.6%)
Indonesia-$2M (-25.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, South Korea's main exporting competitors in Patent Leather were:
Italy $206M
China $16.6M
In 2022, South Korea's main importing competitors in Patent Leather were:
China $37.4M
Vietnam $28.5M
Tunisia $23.9M

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Trade Value of Patent Leather by Exporters

Potential Exports

Potential Exports

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Patent Leather’s highest export potential is N/A. With an export gap of N/A.   Patent Leather’s highest import potential is N/A with an import gap of N/A.

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