Vegetable plaiting materials & products, n.e.s. in South Korea

About

Exports In 2022, South Korea exported $590k in Vegetable plaiting materials & products, n.e.s., making it the 83rd largest exporter of Vegetable plaiting materials & products, n.e.s. in the world. At the same year, Vegetable plaiting materials & products, n.e.s. was the 96th most exported product in South Korea. The main destination of Vegetable plaiting materials & products, n.e.s. exports from South Korea are: Singapore ($203k), United States ($94.8k), China ($88.5k), Chinese Taipei ($57.7k), and Japan ($31.3k).

The fastest growing export markets for Vegetable plaiting materials & products, n.e.s. of South Korea between 2021 and 2022 were Singapore ($187k), China ($70.8k), and Japan ($28.9k).

Imports In 2022, South Korea imported $107M in Vegetable plaiting materials & products, n.e.s., becoming the 4th largest importer of Vegetable plaiting materials & products, n.e.s. in the world. At the same year, Vegetable plaiting materials & products, n.e.s. was the 89th most imported product in South Korea. South Korea imports Vegetable plaiting materials & products, n.e.s. primarily from: Indonesia ($40.8M), India ($27.8M), China ($14.9M), Vietnam ($12M), and United States ($4.17M).

The fastest growing import markets in Vegetable plaiting materials & products, n.e.s. for South Korea between 2021 and 2022 were Indonesia ($24.5M), Vietnam ($6.52M), and China ($5.28M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Vegetable plaiting materials & products, n.e.s. from South Korea to the United States.

Latest Trends

February 2024

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Overview In February 2024 South Korea's Vegetable plaiting materials & products, n.e.s. exports accounted up to $12k and imports accounted up to $3.12M, resulting in a negative trade balance of $3.11M. Between February 2023 and February 2024 the exports of South Korea's Vegetable plaiting materials & products, n.e.s. have decreased by $-60k (-83.3%) from $72k to $12k, while imports decreased by $-11M (-77.9%) from $14.1M to $3.12M.

Destinations In February 2024, Vegetable plaiting materials & products, n.e.s. were exported mostly to China ($10k), Cambodia ($1k), Thailand ($1k), Hong Kong ($0), and Indonesia ($0), and were imported mostly from India ($852k), Sri Lanka ($712k), United States ($529k), China ($341k), and Vietnam ($258k).

Growth In February 2024, the decrease in Vegetable plaiting materials & products, n.e.s.'s year-by-year exports was explained primarily by a decrease in exports to China ($-2k or -16.7%). In February 2024, the decrease in Vegetable plaiting materials & products, n.e.s.'s year-by-year imports was explained primarily by a decrease in imports from Vietnam ($-257k or -28.9%), Sri Lanka ($-148k or -26.9%), and China ($-58k or -10.5%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$-60k(-83.3%)

IMPORT GROWTH (February 2023 - February 2024)$-11M(-77.9%)

MAIN DESTINATION (February 2024)China$10k

This section shows Vegetable plaiting materials & products, n.e.s.'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 Vegetable plaiting materials & products, n.e.s. over time.

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