2022
Exports
$41.4kWorld Rnk 96 / 134
Flag Rnk 1148 / 1204
2022
PRODUCT COMPLEXITY IN Preserved Meat
-0.2Rnk 617 / 1025
2022
Imports
$30.5MWorld Rnk 28 / 212
Flag Rnk 767 / 1213
2022
ECONOMIC COMPLEXITY of South Korea
1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $41.4k in Preserved Meat, making it the 96th largest exporter of Preserved Meat in the world. At the same year, Preserved Meat was the 1148th most exported product in South Korea. The main destination of Preserved Meat exports from South Korea are: Hong Kong ($32.8k), China ($3.88k), Germany ($1.22k), Bahamas ($1.04k), and Philippines ($556).

The fastest growing export markets for Preserved Meat of South Korea between 2021 and 2022 were Bahamas ($1.04k), Philippines ($556), and France ($411).

Imports In 2022, South Korea imported $30.5M in Preserved Meat, becoming the 28th largest importer of Preserved Meat in the world. At the same year, Preserved Meat was the 767th most imported product in South Korea. South Korea imports Preserved Meat primarily from: United States ($12.1M), Hong Kong ($8.38M), Spain ($4.89M), Paraguay ($2.09M), and Italy ($1.95M).

The fastest growing import markets in Preserved Meat for South Korea between 2021 and 2022 were Hong Kong ($8.38M), Paraguay ($1.43M), and China ($226k).

COMPANIES In 2023, leading companies such as LG Electronics (3) were at the forefront of shipping Preserved Meat from South Korea to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Preserved Meat. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$41.4k
IMPORTS (2022)$30.5M
NET TRADE (2022)-$30.4M

In 2022, South Korea exported $41.4k in Preserved Meat. The main destinations of South Korea exports on Preserved Meat were Hong Kong ($32.8k), China ($3.88k), Germany ($1.22k), Bahamas ($1.04k), and Philippines ($556).

In 2022, South Korea imported $30.5M in Preserved Meat, mainly from United States ($12.1M), Hong Kong ($8.38M), Spain ($4.89M), Paraguay ($2.09M), and Italy ($1.95M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Preserved Meat EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Bahamas$1.04k (1%)
Philippines$556 (1%)
France$411 (462%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Preserved Meat BY South Korea WERE (2021 - 2022):
Hong Kong-$413k (-92.6%)
China-$22.3k (-85.2%)
Malaysia-$7.96k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Preserved Meat by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $10.4k
TOP IMPORT POTENTIALItaly+ $1.4M

Preserved Meat’s highest export potential is China. With an export gap of $10.4k.   Preserved Meat’s highest import potential is Italy with an import gap of $1.4M.

See methodology.

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