Overview In June 2023 South Korea's Silk exports accounted up to $2.07M and imports accounted up to $2.26M, resulting in a negative trade balance of $194k. Between June 2022 and June 2023 the exports of South Korea's Silk have decreased by $-519k (-20.1%) from $2.59M to $2.07M, while imports decreased by $-1.65M (-42.1%) from $3.91M to $2.26M.
Destinations In June 2023, Silk were exported mostly to United States ($905k), France ($239k), Hong Kong ($181k), Italy ($130k), and Saudi Arabia ($114k), and were imported mostly from China ($1.83M), Vietnam ($274k), Italy ($85k), India ($33k), and Uzbekistan ($16k).
Growth In June 2023, the decrease in Silk's year-by-year exports was explained primarily by a decrease in exports to China ($-294k or -95.5%), Vietnam ($-103k or -100%), and France ($-71k or -80.7%). In June 2023, the decrease in Silk's year-by-year imports was explained primarily by a decrease in imports from Italy ($-10k or -9.71%) and India ($-6k or -75%).