Preparations of vegetables, fruit, nuts or other plant parts in South Korea

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Exports In 2023, South Korea exported $1.11B in Preparations of vegetables, fruit, nuts or other plant parts, making it the 19th largest exporter of Preparations of vegetables, fruit, nuts or other plant parts in the world. At the same year, Preparations of vegetables, fruit, nuts or other plant parts was the 34th most exported product in South Korea. The main destination of Preparations of vegetables, fruit, nuts or other plant parts exports from South Korea are: United States ($296M), Japan ($266M), China ($156M), Thailand ($69.9M), and Chinese Taipei ($55.1M).

The fastest growing export markets for Preparations of vegetables, fruit, nuts or other plant parts of South Korea between 2022 and 2023 were Japan ($38.3M), Thailand ($22.8M), and United States ($20.3M).

Imports In 2023, South Korea imported $1.42B in Preparations of vegetables, fruit, nuts or other plant parts, becoming the 12th largest importer of Preparations of vegetables, fruit, nuts or other plant parts in the world. At the same year, Preparations of vegetables, fruit, nuts or other plant parts was the 41st most imported product in South Korea. South Korea imports Preparations of vegetables, fruit, nuts or other plant parts primarily from: China ($707M), United States ($246M), Thailand ($88.6M), Spain ($61.6M), and Italy ($45.9M).

The fastest growing import markets in Preparations of vegetables, fruit, nuts or other plant parts for South Korea between 2022 and 2023 were China ($159M), Thailand ($10.2M), and Italy ($9.54M).

COMPANIES In 2024, leading companies such as Costco Wholesale (29), Goya Foods (17), and LG Electronics (10) were at the forefront of shipping Preparations of vegetables, fruit, nuts or other plant parts from South Korea to the United States.

Latest Trends

December 2024

About

Overview In December 2024 South Korea's Preparations of vegetables, fruit, nuts or other plant parts exports accounted up to $90.8M and imports accounted up to $157M, resulting in a negative trade balance of $66.7M. Between December 2023 and December 2024 the exports of South Korea's Preparations of vegetables, fruit, nuts or other plant parts have increased by $12.2M (15.5%) from $78.6M to $90.8M, while imports increased by $45M (40%) from $112M to $157M.

Destinations In December 2024, Preparations of vegetables, fruit, nuts or other plant parts were exported mostly to United States ($28.8M), Japan ($16.4M), China ($6.17M), Canada ($5.32M), and Chinese Taipei ($4.58M), and were imported mostly from China ($65.8M), United States ($19.3M), Vietnam ($13.6M), Spain ($13M), and Thailand ($7.83M).

Growth In December 2024, the increase in Preparations of vegetables, fruit, nuts or other plant parts's year-by-year exports was explained primarily by an increase in exports to United States ($3.83M or 26.9%), Japan ($1.95M or 14.1%), and United Kingdom ($1.45M or 186%). In December 2024, the increase in Preparations of vegetables, fruit, nuts or other plant parts's year-by-year imports was explained primarily by an increase in imports from China ($4.44M or 8.73%), Spain ($2.82M or 53%), and Vietnam ($2.24M or 19.7%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2023 - December 2024)$12.2M(15.5%)

IMPORT GROWTH (December 2023 - December 2024)$45M(40%)

MAIN DESTINATION (December 2024)United States$28.8M

This section shows Preparations of vegetables, fruit, nuts or other plant parts'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 Preparations of vegetables, fruit, nuts or other plant parts over time.

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