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Exports In 2022, South Korea exported $85.2M in Animal feed preparations nes, making it the 40th largest exporter of Animal feed preparations nes in the world. At the same year, Animal feed preparations nes was the 678th most exported product in South Korea. The main destination of Animal feed preparations nes exports from South Korea are: Thailand ($19.6M), Vietnam ($18M), Indonesia ($12.2M), China ($5.13M), and Bangladesh ($4.76M).

The fastest growing export markets for Animal feed preparations nes of South Korea between 2021 and 2022 were Vietnam ($3.1M), Peru ($830k), and Australia ($653k).

Imports In 2022, South Korea imported $374M in Animal feed preparations nes, becoming the 18th largest importer of Animal feed preparations nes in the world. At the same year, Animal feed preparations nes was the 231st most imported product in South Korea. South Korea imports Animal feed preparations nes primarily from: United States ($124M), China ($70.2M), Australia ($46.9M), Netherlands ($24.3M), and Singapore ($14.4M).

The fastest growing import markets in Animal feed preparations nes for South Korea between 2021 and 2022 were Australia ($12M), China ($7.82M), and Spain ($3.22M).

COMPANIES In 2023, leading companies such as LG Electronics (46.9k), Samsung (20.7k), and Hankook Tires (4.38k) were at the forefront of shipping Animal feed preparations nes from South Korea to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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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 Animal feed preparations nes. 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

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EXPORTS (2022)$85.2M
IMPORTS (2022)$374M
NET TRADE (2022)-$289M

In 2022, South Korea exported $85.2M in Animal feed preparations nes. The main destinations of South Korea exports on Animal feed preparations nes were Thailand ($19.6M), Vietnam ($18M), Indonesia ($12.2M), China ($5.13M), and Bangladesh ($4.76M).

In 2022, South Korea imported $374M in Animal feed preparations nes, mainly from United States ($124M), China ($70.2M), Australia ($46.9M), Netherlands ($24.3M), and Singapore ($14.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Animal feed preparations nes EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Vietnam$3.1M (20.7%)
Peru$830k (849%)
Australia$653k (457%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Animal feed preparations nes BY South Korea WERE (2021 - 2022):
Thailand-$3.49M (-15.1%)
Indonesia-$3.15M (-20.5%)
China-$1.88M (-26.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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In 2022, South Korea's main exporting competitors in Animal feed preparations nes were:
In 2022, South Korea's main importing competitors in Animal feed preparations nes were:

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Trade Value of Animal feed preparations nes by Exporters

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