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2018
Exports $11.8MWorld Rnk 39 / 151
Flag Rnk 707 / 1204
2018
Destination $69.6k Japan
2021 - 2022
FASTEST GROWING MARKET $69.6kChinese Taipei
2022
PRODUCT COMPLEXITY IN Tomatoes-1.25Rnk 896 / 1025
2018
Imports $37.6kWorld Rnk 148 / 204
Flag Rnk 1198 / 1213
2018
Origin $4.27k Netherlands
2021 - 2022
FASTEST GROWING ORIGIN $4.27kChina
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2018, South Korea exported $11.8M in Tomatoes, making it the 39th largest exporter of Tomatoes in the world. At the same year, Tomatoes was the 707th most exported product in South Korea. The main destination of Tomatoes exports from South Korea are: Japan ($11.1M), Hong Kong ($482k), Chinese Taipei ($92.9k), Russia ($54.3k), and Singapore ($29.1k).

The fastest growing export markets for Tomatoes of South Korea between 2021 and 2022 were Chinese Taipei ($69.6k), United States ($3.32k), and United Arab Emirates ($971).

Imports In 2022, South Korea imported $37.6k in Tomatoes, becoming the 148th largest importer of Tomatoes in the world. At the same year, Tomatoes was the 1198th most imported product in South Korea. South Korea imports Tomatoes primarily from: Netherlands ($15.4k), United States ($11.9k), China ($5.96k), Peru ($3.85k), and Brazil ($449).

The fastest growing import markets in Tomatoes for South Korea between 2021 and 2022 were China ($4.27k), Peru ($3.85k), and France ($39).

Latest Trends

July 2024

About

Overview In July 2024 South Korea's Tomatoes exports accounted up to $394k and imports accounted up to $0, resulting in a positive trade balance of $394k. Between July 2023 and July 2024 the exports of South Korea's   Tomatoes have decreased by $-425k (-51.9%) from $819k to $394k, while imports remained the same by $0 (N/A%) from $0 to $0.

Destinations In July 2024, Tomatoes were exported mostly to Japan ($339k), Hong Kong ($26k), Singapore ($11k), Guam ($9k), and Mongolia ($8k), and were imported mostly from United Arab Emirates ($0), Hong Kong ($0), Japan ($0), Mongolia ($0), and Qatar ($0).

Growth In July 2024, the decrease in Tomatoes's year-by-year exports was explained primarily by a decrease in exports to Japan ($-123k or -13.6%) and Hong Kong ($-14k or -38.9%). In July 2024, the change in Tomatoes's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-425k(-51.9%)
MAIN DESTINATION (July 2024)Japan$339k

This section shows Tomatoes'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 Tomatoes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$11.8M
IMPORTS (2022)$37.6k
NET TRADE (2022)$11.8M

In 2022, South Korea exported $11.8M in Tomatoes. The main destinations of South Korea exports on Tomatoes were Japan ($11.1M), Hong Kong ($482k), Chinese Taipei ($92.9k), Russia ($54.3k), and Singapore ($29.1k).

In 2022, South Korea imported $37.6k in Tomatoes, mainly from Netherlands ($15.4k), United States ($11.9k), China ($5.96k), Peru ($3.85k), and Brazil ($449).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tomatoes EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Chinese Taipei$69.6k (298%)
United States$3.32k (194%)
United Arab Emirates$971 (534%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tomatoes BY South Korea WERE (2021 - 2022):
Japan-$2.4M (-17.7%)
Hong Kong-$321k (-40%)
Malaysia-$14.9k (-75.8%)
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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 Tomatoes were:
Mexico $2.74B
Netherlands $1.68B
Spain $1.18B
In 2022, South Korea's main importing competitors in Tomatoes were:
United States $3.14B
Germany $1.67B
France $833M

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Trade Value of Tomatoes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALHong Kong+ $198k
TOP IMPORT POTENTIALNetherlands+ $23.5k

Tomatoes’s highest export potential is Hong Kong. With an export gap of $198k.   Tomatoes’s highest import potential is Netherlands with an import gap of $23.5k.

See methodology.

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