2022
Exports
$428kWorld Rnk 31 / 100
Flag Rnk 1045 / 1204
2022
PRODUCT COMPLEXITY IN Pearls
0.23Rnk 478 / 1025
2022
Imports
$3.28MWorld Rnk 17 / 152
Flag Rnk 1063 / 1213
2022
ECONOMIC COMPLEXITY of South Korea
1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $428k in Pearls, making it the 31st largest exporter of Pearls in the world. At the same year, Pearls was the 1045th most exported product in South Korea. The main destination of Pearls exports from South Korea are: Hong Kong ($359k), Sweden ($33.2k), India ($14.1k), China ($11.7k), and Japan ($6.61k).

The fastest growing export markets for Pearls of South Korea between 2021 and 2022 were Hong Kong ($262k), Sweden ($33.2k), and India ($13.9k).

Imports In 2022, South Korea imported $3.28M in Pearls, becoming the 17th largest importer of Pearls in the world. At the same year, Pearls was the 1063rd most imported product in South Korea. South Korea imports Pearls primarily from: Japan ($1.54M), China ($1.25M), Indonesia ($227k), Hong Kong ($83.7k), and Australia ($51.1k).

The fastest growing import markets in Pearls for South Korea between 2021 and 2022 were China ($868k), Japan ($655k), and Vietnam ($50k).

Latest Trends

September 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$-1k(-100%)
IMPORT GROWTH (September 2023 - September 2024)$315k(106%)
MAIN DESTINATION (September 2024)China$0

This section shows Pearls'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 Pearls over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$428k
IMPORTS (2022)$3.28M
NET TRADE (2022)-$2.85M

In 2022, South Korea exported $428k in Pearls. The main destinations of South Korea exports on Pearls were Hong Kong ($359k), Sweden ($33.2k), India ($14.1k), China ($11.7k), and Japan ($6.61k).

In 2022, South Korea imported $3.28M in Pearls, mainly from Japan ($1.54M), China ($1.25M), Indonesia ($227k), Hong Kong ($83.7k), and Australia ($51.1k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pearls EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Hong Kong$262k (269%)
Sweden$33.2k (1%)
India$13.9k (9.29k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pearls BY South Korea WERE (2021 - 2022):
United States-$71.2k (-100%)
Japan-$3.62k (-35.4%)
Thailand-$615 (-15.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Pearls by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALHong Kong+ $37.4k
TOP IMPORT POTENTIALChina+ $459k

Pearls’s highest export potential is Hong Kong. With an export gap of $37.4k.   Pearls’s highest import potential is China with an import gap of $459k.

See methodology.

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