Soya sauce in South Korea | The Observatory of Economic Complexity

About

The fastest growing export markets for Soya sauce of South Korea between 2021 and 2022 were Philippines ($1.2M), Vietnam ($353k), and Mongolia ($190k).

Imports In 2022, South Korea imported $17.3M in Soya sauce, becoming the 14th largest importer of Soya sauce in the world. At the same year, Soya sauce was the 1981st most imported product in South Korea. South Korea imports Soya sauce primarily from: China ($5.24M), Japan ($5.08M), Chinese Taipei ($1.98M), Thailand ($1.57M), and Singapore ($1.26M).

The fastest growing import markets in Soya sauce for South Korea between 2021 and 2022 were Thailand ($693k), Chinese Taipei ($131k), and Indonesia ($77.5k).

COMPANIES In 2023, leading companies such as LG Electronics (46.9k), Samsung (20.7k), and Hankook Tires (4.38k) were at the forefront of shipping Soya sauce from South Korea to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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Imports

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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 Soya sauce. 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

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$18.5M

IMPORTS (2022)$17.3M

NET TRADE (2022)$1.2M

In 2022, South Korea imported $17.3M in Soya sauce, mainly from China ($5.24M), Japan ($5.08M), Chinese Taipei ($1.98M), Thailand ($1.57M), and Singapore ($1.26M).

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