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Exports In 2022, South Korea exported $371k in Wooden Tool Handles, making it the 54th largest exporter of Wooden Tool Handles in the world. At the same year, Wooden Tool Handles was the 1056th most exported product in South Korea. The main destination of Wooden Tool Handles exports from South Korea are: Japan ($310k), United States ($14.5k), Brazil ($9.65k), Mongolia ($9.54k), and Germany ($5.87k).

The fastest growing export markets for Wooden Tool Handles of South Korea between 2021 and 2022 were Mongolia ($6.81k), Germany ($5.85k), and Brazil ($2.6k).

Imports In 2022, South Korea imported $8.36M in Wooden Tool Handles, becoming the 16th largest importer of Wooden Tool Handles in the world. At the same year, Wooden Tool Handles was the 965th most imported product in South Korea. South Korea imports Wooden Tool Handles primarily from: China ($5.86M), Vietnam ($1.11M), India ($668k), Canada ($333k), and United States ($200k).

The fastest growing import markets in Wooden Tool Handles for South Korea between 2021 and 2022 were Canada ($330k), Vietnam ($262k), and Japan ($14.9k).

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$12k(133%)
IMPORT GROWTH (July 2023 - July 2024)$85k(42.1%)
MAIN DESTINATION (July 2024)Japan$15k

This section shows Wooden Tool Handles'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 Wooden Tool Handles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$371k
IMPORTS (2022)$8.36M
NET TRADE (2022)-$7.99M

In 2022, South Korea exported $371k in Wooden Tool Handles. The main destinations of South Korea exports on Wooden Tool Handles were Japan ($310k), United States ($14.5k), Brazil ($9.65k), Mongolia ($9.54k), and Germany ($5.87k).

In 2022, South Korea imported $8.36M in Wooden Tool Handles, mainly from China ($5.86M), Vietnam ($1.11M), India ($668k), Canada ($333k), and United States ($200k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wooden Tool Handles EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Mongolia$6.81k (250%)
Germany$5.85k (27.9k%)
Brazil$2.6k (36.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wooden Tool Handles BY South Korea WERE (2021 - 2022):
Japan-$57.1k (-15.6%)
Vietnam-$44.5k (-97%)
Norway-$5.94k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Wooden Tool Handles were:
China $155M
Italy $37.4M
Brazil $32.3M
In 2022, South Korea's main importing competitors in Wooden Tool Handles were:

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Trade Value of Wooden Tool Handles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $25.6k
TOP IMPORT POTENTIALIndia+ $244k

Wooden Tool Handles’s highest export potential is United States. With an export gap of $25.6k.   Wooden Tool Handles’s highest import potential is India with an import gap of $244k.

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