Overview In June 2023 South Korea's Perfumery & cosmetics exports accounted up to $731M and imports accounted up to $175M, resulting in a positive trade balance of $556M. Between June 2022 and June 2023 the exports of South Korea's Perfumery & cosmetics have increased by $83.7M (12.9%) from $648M to $731M, while imports decreased by $-3.97M (-2.22%) from $179M to $175M.
Destinations In June 2023, Perfumery & cosmetics were exported mostly to China ($214M), United States ($111M), Japan ($73.4M), Hong Kong ($51.8M), and Russia ($39.1M), and were imported mostly from France ($44M), United States ($34.7M), Japan ($15.5M), China ($12.4M), and Italy ($9.97M).
Growth In June 2023, the increase in Perfumery & cosmetics's year-by-year exports was explained primarily by an increase in exports to United States ($16.3M or 27.4%), Russia ($5.77M or 28.6%), and Ukraine ($4.2M or 137%). In June 2023, the decrease in Perfumery & cosmetics's year-by-year imports was explained primarily by a decrease in imports from United States ($-4.18M or -11.7%), Thailand ($-2.39M or -24%), and Japan ($-2.16M or -11.7%).