2022
Exports | Imports
$31.1M | $12.7MWorld Rnk 36 / 167
Flag Rnk 1116 / 4439
World Rnk 80 / 222
Flag Rnk 2231 / 4519
2022
ECONOMIC COMPLEXITY of South Korea
1.71Rnk 4 / 124

About

Exports In 2022, South Korea exported $31.1M in Wheat or meslin flour, making it the 36th largest exporter of Wheat or meslin flour in the world. At the same year, Wheat or meslin flour was the 1116th most exported product in South Korea. The main destination of Wheat or meslin flour exports from South Korea are: Hong Kong ($9.14M), United States ($8.1M), Thailand ($3.52M), China ($2.94M), and Singapore ($1.99M).

The fastest growing export markets for Wheat or meslin flour of South Korea between 2021 and 2022 were United States ($2.7M), Hong Kong ($1.62M), and Poland ($661k).

Imports In 2022, South Korea imported $12.7M in Wheat or meslin flour, becoming the 80th largest importer of Wheat or meslin flour in the world. At the same year, Wheat or meslin flour was the 2231st most imported product in South Korea. South Korea imports Wheat or meslin flour primarily from: France ($3.6M), United States ($1.42M), Canada ($1.39M), Turkey ($1.37M), and Italy ($1.22M).

The fastest growing import markets in Wheat or meslin flour for South Korea between 2021 and 2022 were Turkey ($441k), Italy ($395k), and United States ($351k).

COMPANIES In 2023, leading companies such as LG ELECTRONICS U.S.A. INC. (7.69M), SAMSUNG ELECTRONICS AMERICA (2.05M), and CNH INDUSTRIAL AMERICA LLC (34.4k) were at the forefront of shipping Wheat or meslin flour from South Korea to the United States.

Latest Trends

Feb 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

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 Wheat or meslin flour. 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
EXPORTS (2022)$31.1M
IMPORTS (2022)$12.7M
NET TRADE (2022)$18.4M

In 2022, South Korea exported $31.1M in Wheat or meslin flour. The main destinations of South Korea exports on Wheat or meslin flour were Hong Kong ($9.14M), United States ($8.1M), Thailand ($3.52M), China ($2.94M), and Singapore ($1.99M).

In 2022, South Korea imported $12.7M in Wheat or meslin flour, mainly from France ($3.6M), United States ($1.42M), Canada ($1.39M), Turkey ($1.37M), and Italy ($1.22M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wheat or meslin flour EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
United States$2.7M (50%)
Hong Kong$1.62M (21.6%)
Poland$661k (1.69k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wheat or meslin flour BY South Korea WERE (2021 - 2022):
Thailand-$270k (-7.13%)
Indonesia-$125k (-7.56%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, South Korea's main exporting competitors in Wheat or meslin flour were:
In 2022, South Korea's main importing competitors in Wheat or meslin flour were:

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Trade Value of Wheat or meslin flour by Exporters

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