2022
Exports
$22.1MWorld Rnk 17 / 161
Flag Rnk 631 / 1204
2022
PRODUCT COMPLEXITY IN Pearl Products
-0.51Rnk 707 / 1025
2022
Imports
$21.9MWorld Rnk 19 / 200
Flag Rnk 820 / 1213
2022
ECONOMIC COMPLEXITY of South Korea
1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $22.1M in Pearl Products, making it the 17th largest exporter of Pearl Products in the world. At the same year, Pearl Products was the 631st most exported product in South Korea. The main destination of Pearl Products exports from South Korea are: United States ($6.53M), Vietnam ($6.33M), Germany ($3.09M), Japan ($1.63M), and Hong Kong ($1.04M).

The fastest growing export markets for Pearl Products of South Korea between 2021 and 2022 were Vietnam ($1.71M), Russia ($178k), and Malaysia ($153k).

Imports In 2022, South Korea imported $21.9M in Pearl Products, becoming the 19th largest importer of Pearl Products in the world. At the same year, Pearl Products was the 820th most imported product in South Korea. South Korea imports Pearl Products primarily from: China ($7.63M), United States ($3.45M), Vietnam ($2.91M), Israel ($2.07M), and France ($1.49M).

The fastest growing import markets in Pearl Products for South Korea between 2021 and 2022 were China ($3.83M), United States ($801k), and Vietnam ($665k).

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$-422k(-28.5%)
IMPORT GROWTH (November 2023 - November 2024)$-659k(-26.9%)
MAIN DESTINATION (November 2024)Germany$261k

This section shows Pearl Products'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 Pearl Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$22.1M
IMPORTS (2022)$21.9M
NET TRADE (2022)$176k

In 2022, South Korea exported $22.1M in Pearl Products. The main destinations of South Korea exports on Pearl Products were United States ($6.53M), Vietnam ($6.33M), Germany ($3.09M), Japan ($1.63M), and Hong Kong ($1.04M).

In 2022, South Korea imported $21.9M in Pearl Products, mainly from China ($7.63M), United States ($3.45M), Vietnam ($2.91M), Israel ($2.07M), and France ($1.49M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pearl Products EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Vietnam$1.71M (37.1%)
Russia$178k (1.8k%)
Malaysia$153k (488%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pearl Products BY South Korea WERE (2021 - 2022):
Hong Kong-$5.07M (-83%)
United States-$1.13M (-14.8%)
China-$1.08M (-55.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Pearl Products were:
In 2022, South Korea's main importing competitors in Pearl Products were:

Explore Visualizations

Trade Value of Pearl Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $967k
TOP IMPORT POTENTIALChina+ $2.44M

Pearl Products’s highest export potential is China. With an export gap of $967k.   Pearl Products’s highest import potential is China with an import gap of $2.44M.

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