Sign In
Pricing

2022
Exports $1.96MWorld Rnk 27 / 84
Flag Rnk 922 / 1204
2022
Destination $42.1k Hong Kong
2021 - 2022
FASTEST GROWING MARKET $42.1kJapan
2022
Imports $76.6MWorld Rnk 2 / 90
Flag Rnk 567 / 1213
2022
Origin $21.6M Russia
2021 - 2022
FASTEST GROWING ORIGIN $21.6MRussia
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $1.96M in Pharmaceutical Animal Products, making it the 27th largest exporter of Pharmaceutical Animal Products in the world. At the same year, Pharmaceutical Animal Products was the 922nd most exported product in South Korea. The main destination of Pharmaceutical Animal Products exports from South Korea are: Hong Kong ($1.36M), Japan ($439k), Colombia ($136k), and Thailand ($28.2k).

The fastest growing export markets for Pharmaceutical Animal Products of South Korea between 2021 and 2022 were Japan ($42.1k) and Thailand ($3.31k).

Imports In 2022, South Korea imported $76.6M in Pharmaceutical Animal Products, becoming the 2nd largest importer of Pharmaceutical Animal Products in the world. At the same year, Pharmaceutical Animal Products was the 567th most imported product in South Korea. South Korea imports Pharmaceutical Animal Products primarily from: Russia ($30.4M), Hong Kong ($25.7M), Kazakhstan ($17.7M), Colombia ($848k), and India ($669k).

The fastest growing import markets in Pharmaceutical Animal Products for South Korea between 2021 and 2022 were Russia ($21.6M), Hong Kong ($2.26M), and Kazakhstan ($807k).

Latest Trends

July 2024

About

Overview In July 2024 South Korea's Pharmaceutical Animal Products exports accounted up to $3.73M and imports accounted up to $3.94M, resulting in a negative trade balance of $212k. Between July 2023 and July 2024 the exports of South Korea's   Pharmaceutical Animal Products have increased by $3.73M (N/A%) from $0 to $3.73M, while imports increased by $1.03M (35.3%) from $2.91M to $3.94M.

Destinations In July 2024, Pharmaceutical Animal Products were exported mostly to Hong Kong ($3.73M), Ethiopia ($0), China ($0), Kazakhstan ($0), and Russia ($0), and were imported mostly from Kazakhstan ($3.44M), Russia ($360k), Australia ($66k), Ethiopia ($44k), and New Zealand ($28k).

Growth In July 2024, the increase in Pharmaceutical Animal Products's year-by-year exports was explained primarily by an increase in exports to . In July 2024, the increase in Pharmaceutical Animal Products's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$3.73M(N/A%)
IMPORT GROWTH (July 2023 - July 2024)$1.03M(35.3%)
MAIN DESTINATION (July 2024)Hong Kong$3.73M

This section shows Pharmaceutical Animal 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 Pharmaceutical Animal Products over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$1.96M
IMPORTS (2022)$76.6M
NET TRADE (2022)-$74.6M

In 2022, South Korea exported $1.96M in Pharmaceutical Animal Products. The main destinations of South Korea exports on Pharmaceutical Animal Products were Hong Kong ($1.36M), Japan ($439k), Colombia ($136k), and Thailand ($28.2k).

In 2022, South Korea imported $76.6M in Pharmaceutical Animal Products, mainly from Russia ($30.4M), Hong Kong ($25.7M), Kazakhstan ($17.7M), Colombia ($848k), and India ($669k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pharmaceutical Animal Products EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Japan$42.1k (10.6%)
Thailand$3.31k (13.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pharmaceutical Animal Products BY South Korea WERE (2021 - 2022):
Hong Kong-$3.98M (-74.5%)
Colombia-$318k (-70.1%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Pharmaceutical Animal Products were:
Brazil $116M
Russia $33.7M
Hong Kong $26.7M
In 2022, South Korea's main importing competitors in Pharmaceutical Animal Products were:
Hong Kong $130M
Germany $28.3M

Explore Visualizations

Trade Value of Pharmaceutical Animal Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $18.3k
TOP IMPORT POTENTIALColombia+ $348k

Pharmaceutical Animal Products’s highest export potential is Japan. With an export gap of $18.3k.   Pharmaceutical Animal Products’s highest import potential is Colombia with an import gap of $348k.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms