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Pricing

2022
Exports $32.9MWorld Rnk 41 / 184
Flag Rnk 562 / 1204
2022
Destination $2.39M China
2021 - 2022
FASTEST GROWING MARKET $2.39MIndonesia
2022
PRODUCT COMPLEXITY IN Scented Mixtures0.49Rnk 370 / 1025
2022
Imports $248MWorld Rnk 28 / 221
Flag Rnk 309 / 1213
2022
Origin $9.95M Singapore
2021 - 2022
FASTEST GROWING ORIGIN $9.95MSingapore
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $32.9M in Scented Mixtures, making it the 41st largest exporter of Scented Mixtures in the world. At the same year, Scented Mixtures was the 562nd most exported product in South Korea. The main destination of Scented Mixtures exports from South Korea are: China ($8.02M), Indonesia ($7.12M), Philippines ($4.69M), Vietnam ($3.48M), and United Arab Emirates ($2.84M).

The fastest growing export markets for Scented Mixtures of South Korea between 2021 and 2022 were Indonesia ($2.39M), United Arab Emirates ($1.73M), and Philippines ($1.23M).

Imports In 2022, South Korea imported $248M in Scented Mixtures, becoming the 28th largest importer of Scented Mixtures in the world. At the same year, Scented Mixtures was the 309th most imported product in South Korea. South Korea imports Scented Mixtures primarily from: Singapore ($70.6M), Japan ($50.5M), United States ($28.7M), China ($25.1M), and Malaysia ($13.2M).

The fastest growing import markets in Scented Mixtures for South Korea between 2021 and 2022 were Singapore ($9.95M), United States ($4.72M), and Ireland ($840k).

Latest Trends

July 2024

About

Overview In July 2024 South Korea's Scented Mixtures exports accounted up to $3.16M and imports accounted up to $26.2M, resulting in a negative trade balance of $23.1M. Between July 2023 and July 2024 the exports of South Korea's   Scented Mixtures have increased by $1.67M (111%) from $1.5M to $3.16M, while imports increased by $4.15M (18.8%) from $22.1M to $26.2M.

Destinations In July 2024, Scented Mixtures were exported mostly to China ($1.08M), Indonesia ($512k), Philippines ($434k), Vietnam ($395k), and Armenia ($173k), and were imported mostly from Singapore ($8.1M), Japan ($5.43M), United States ($3.2M), China ($2.07M), and France ($1.68M).

Growth In July 2024, the increase in Scented Mixtures's year-by-year exports was explained primarily by an increase in exports to United Arab Emirates ($280k or 259%), Russia ($157k or 654%), and Philippines ($68k or 26%). In July 2024, the increase in Scented Mixtures's year-by-year imports was explained primarily by an increase in imports from Netherlands ($555k or 173%), China ($331k or 12.5%), and France ($262k or 50%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$1.67M(111%)
IMPORT GROWTH (July 2023 - July 2024)$4.15M(18.8%)
MAIN DESTINATION (July 2024)China$1.08M

This section shows Scented Mixtures'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 Scented Mixtures over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$32.9M
IMPORTS (2022)$248M
NET TRADE (2022)-$215M

In 2022, South Korea exported $32.9M in Scented Mixtures. The main destinations of South Korea exports on Scented Mixtures were China ($8.02M), Indonesia ($7.12M), Philippines ($4.69M), Vietnam ($3.48M), and United Arab Emirates ($2.84M).

In 2022, South Korea imported $248M in Scented Mixtures, mainly from Singapore ($70.6M), Japan ($50.5M), United States ($28.7M), China ($25.1M), and Malaysia ($13.2M).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Scented Mixtures EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Indonesia$2.39M (50.4%)
United Arab Emirates$1.73M (155%)
Philippines$1.23M (35.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scented Mixtures BY South Korea WERE (2021 - 2022):
China-$2.65M (-24.8%)
Japan-$222k (-22.3%)
Kenya-$163k (-99.8%)
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Change in Exports by Market (undefined - undefined)

Market Concentration

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Flow
Type
In 2022, South Korea's main exporting competitors in Scented Mixtures were:
Ireland $10.4B
France $2.66B
United States $2.56B
In 2022, South Korea's main importing competitors in Scented Mixtures were:
United States $4.42B
Mexico $1.89B
France $1.78B

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Trade Value of Scented Mixtures by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $3.82M
TOP IMPORT POTENTIALChina+ $7.87M

Scented Mixtures’s highest export potential is China. With an export gap of $3.82M.   Scented Mixtures’s highest import potential is China with an import gap of $7.87M.

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