Twine, cordage or rope; knotted netting, made up fishing nets and other made up nets, of textile materials in   South Korea

Overview In July 2024 South Korea's Twine, cordage or rope; knotted netting, made up fishing nets and other made up nets, of textile materials exports accounted up to $1.93M and imports accounted up to $9.33M, resulting in a negative trade balance of $7.4M. Between July 2023 and July 2024 the exports of South Korea's   Twine, cordage or rope; knotted netting, made up fishing nets and other made up nets, of textile materials have decreased by $-914k (-32.1%) from $2.84M to $1.93M, while imports increased by $418k (4.69%) from $8.91M to $9.33M.

Destinations In July 2024, Twine, cordage or rope; knotted netting, made up fishing nets and other made up nets, of textile materials were exported mostly to Russia ($482k), United Arab Emirates ($300k), Mauritania ($192k), Iran ($138k), and Czechia ($102k), and were imported mostly from China ($6.67M), Vietnam ($1.61M), Philippines ($579k), Japan ($338k), and Burma ($122k).

Growth In July 2024, the decrease in Twine, cordage or rope; knotted netting, made up fishing nets and other made up nets, of textile materials's year-by-year exports was explained primarily by a decrease in exports to Russia ($-601k or -40.7%), Vietnam ($-132k or -94.3%), and Indonesia ($-131k or -90.3%). In July 2024, the increase in Twine, cordage or rope; knotted netting, made up fishing nets and other made up nets, of textile materials's year-by-year imports was explained primarily by an increase in imports from Philippines ($165k or 35%) and Burma ($30k or 81.1%).