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2022
Exports $5.39MWorld Rnk 13 / 159
Flag Rnk 818 / 1204
2022
Destination $93.3k United States
2021 - 2022
FASTEST GROWING MARKET $93.3kCanada
2022
PRODUCT COMPLEXITY IN Scissors0.43Rnk 395 / 1025
2022
Imports $34.5MWorld Rnk 6 / 217
Flag Rnk 748 / 1213
2022
Origin $381k China
2021 - 2022
FASTEST GROWING ORIGIN $381kVietnam
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $5.39M in Scissors, making it the 13th largest exporter of Scissors in the world. At the same year, Scissors was the 818th most exported product in South Korea. The main destination of Scissors exports from South Korea are: United States ($1.34M), Japan ($881k), China ($500k), Australia ($349k), and Russia ($259k).

The fastest growing export markets for Scissors of South Korea between 2021 and 2022 were Canada ($93.3k), United Arab Emirates ($51.2k), and Bangladesh ($49.3k).

Imports In 2022, South Korea imported $34.5M in Scissors, becoming the 6th largest importer of Scissors in the world. At the same year, Scissors was the 748th most imported product in South Korea. South Korea imports Scissors primarily from: China ($26.1M), Japan ($4.06M), Vietnam ($2.25M), Pakistan ($731k), and United States ($600k).

The fastest growing import markets in Scissors for South Korea between 2021 and 2022 were Vietnam ($381k), Netherlands ($65.9k), and Finland ($18.5k).

Latest Trends

September 2024

About

Overview In September 2024 South Korea's Scissors exports accounted up to $328k and imports accounted up to $2.51M, resulting in a negative trade balance of $2.18M. Between September 2023 and September 2024 the exports of South Korea's   Scissors have increased by $13k (4.13%) from $315k to $328k, while imports increased by $421k (20.2%) from $2.09M to $2.51M.

Destinations In September 2024, Scissors were exported mostly to China ($120k), United States ($40k), Vietnam ($25k), Paraguay ($25k), and Lithuania ($24k), and were imported mostly from China ($1.73M), Japan ($270k), Vietnam ($189k), Finland ($106k), and United States ($80k).

Growth In September 2024, the increase in Scissors's year-by-year exports was explained primarily by an increase in exports to Japan ($6k or 7.06%), Germany ($5k or 125%), and India ($1k or 50%). In September 2024, the increase in Scissors's year-by-year imports was explained primarily by an increase in imports from Vietnam ($122k or 79.7%) and Japan ($117k or 53.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$13k(4.13%)
IMPORT GROWTH (September 2023 - September 2024)$421k(20.2%)
MAIN DESTINATION (September 2024)China$120k

This section shows Scissors'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 Scissors over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$5.39M
IMPORTS (2022)$34.5M
NET TRADE (2022)-$29.1M

In 2022, South Korea exported $5.39M in Scissors. The main destinations of South Korea exports on Scissors were United States ($1.34M), Japan ($881k), China ($500k), Australia ($349k), and Russia ($259k).

In 2022, South Korea imported $34.5M in Scissors, mainly from China ($26.1M), Japan ($4.06M), Vietnam ($2.25M), Pakistan ($731k), and United States ($600k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scissors EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Canada$93.3k (392%)
United Arab Emirates$51.2k (103%)
Bangladesh$49.3k (107%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scissors BY South Korea WERE (2021 - 2022):
Vietnam-$318k (-67%)
China-$211k (-29.7%)
Japan-$188k (-17.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Scissors were:
China $749M
Germany $59.3M
Chinese Taipei $39M
In 2022, South Korea's main importing competitors in Scissors were:
United States $209M
Germany $59.7M
Japan $51.7M

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Trade Value of Scissors by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $332k
TOP IMPORT POTENTIALChina+ $1.35M

Scissors’s highest export potential is United States. With an export gap of $332k.   Scissors’s highest import potential is China with an import gap of $1.35M.

See methodology.

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