Peptones in South Korea | The Observatory of Economic Complexity

About

Exports In 2022, South Korea exported $39.6M in Peptones, making it the 20th largest exporter of Peptones in the world. At the same year, Peptones was the 528th most exported product in South Korea. The main destination of Peptones exports from South Korea are: United States ($26.2M), Canada ($5.3M), Chinese Taipei ($1.23M), Thailand ($1.2M), and Guatemala ($1.11M).

The fastest growing export markets for Peptones of South Korea between 2021 and 2022 were United States ($2.31M), Guatemala ($1.11M), and Canada ($706k).

Imports In 2022, South Korea imported $188M in Peptones, becoming the 8th largest importer of Peptones in the world. At the same year, Peptones was the 382nd most imported product in South Korea. South Korea imports Peptones primarily from: United States ($66.6M), China ($26.5M), Denmark ($12.5M), France ($11M), and Spain ($10.5M).

The fastest growing import markets in Peptones for South Korea between 2021 and 2022 were United States ($20.2M), Spain ($8.93M), and China ($5.85M).

Latest Trends

July 2024

About

Overview In July 2024 South Korea's Peptones exports accounted up to $4.57M and imports accounted up to $16.4M, resulting in a negative trade balance of $11.9M. Between July 2023 and July 2024 the exports of South Korea's Peptones have increased by $663k (17%) from $3.91M to $4.57M, while imports increased by $2.05M (14.3%) from $14.4M to $16.4M.

Destinations In July 2024, Peptones were exported mostly to United States ($2.16M), Vietnam ($832k), Canada ($363k), Russia ($240k), and Indonesia ($230k), and were imported mostly from United States ($7.95M), China ($1.89M), France ($1.2M), New Zealand ($1.18M), and Denmark ($754k).

Growth In July 2024, the increase in Peptones's year-by-year exports was explained primarily by an increase in exports to Indonesia ($47k or 224%) and United Kingdom ($3k or 150%). In July 2024, the increase in Peptones's year-by-year imports was explained primarily by an increase in imports from Japan ($1.46M or 2.65k%), New Zealand ($786k or 309%), and Spain ($745k or 909%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (July 2023 - July 2024)$663k(17%)

IMPORT GROWTH (July 2023 - July 2024)$2.05M(14.3%)

MAIN DESTINATION (July 2024)United States$2.16M

This section shows Peptones'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 Peptones over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$39.6M

IMPORTS (2022)$188M

NET TRADE (2022)-$149M

In 2022, South Korea exported $39.6M in Peptones. The main destinations of South Korea exports on Peptones were United States ($26.2M), Canada ($5.3M), Chinese Taipei ($1.23M), Thailand ($1.2M), and Guatemala ($1.11M).

In 2022, South Korea imported $188M in Peptones, mainly from United States ($66.6M), China ($26.5M), Denmark ($12.5M), France ($11M), and Spain ($10.5M).

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