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Pricing

2022
Exports $81.4MWorld Rnk 19 / 155
Flag Rnk 404 / 1204
2022
Destination $7.91M United States
2021 - 2022
FASTEST GROWING MARKET $7.91MUnited States
2022
PRODUCT COMPLEXITY IN Apples and Pears-0.55Rnk 712 / 1025
2022
Imports $286kWorld Rnk 183 / 216
Flag Rnk 1175 / 1213
2022
Origin $38.9k United States
2021 - 2022
FASTEST GROWING ORIGIN $38.9kAustralia
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $81.4M in Apples and Pears, making it the 19th largest exporter of Apples and Pears in the world. At the same year, Apples and Pears was the 404th most exported product in South Korea. The main destination of Apples and Pears exports from South Korea are: United States ($38.7M), Chinese Taipei ($22.9M), Vietnam ($10.2M), Hong Kong ($2.57M), and Canada ($1.6M).

The fastest growing export markets for Apples and Pears of South Korea between 2021 and 2022 were United States ($7.91M), Vietnam ($3.87M), and Hong Kong ($304k).

Imports In 2022, South Korea imported $286k in Apples and Pears, becoming the 183rd largest importer of Apples and Pears in the world. At the same year, Apples and Pears was the 1175th most imported product in South Korea. South Korea imports Apples and Pears primarily from: United States ($222k), Australia ($63.2k), Brazil ($1.24k), and China ($17).

The fastest growing import markets in Apples and Pears for South Korea between 2021 and 2022 were Australia ($38.9k).

Latest Trends

August 2024

About

Overview In August 2024 South Korea's Apples and Pears exports accounted up to $12.9M and imports accounted up to $0, resulting in a positive trade balance of $12.9M. Between August 2023 and August 2024 the exports of South Korea's   Apples and Pears have increased by $3.37M (35.2%) from $9.56M to $12.9M, while imports remained the same by $0 (N/A%) from $0 to $0.

Destinations In August 2024, Apples and Pears were exported mostly to United States ($6.81M), Chinese Taipei ($3.71M), Vietnam ($914k), Indonesia ($421k), and Canada ($417k), and were imported mostly from United Arab Emirates ($0), Hong Kong ($0), Indonesia ($0), Mongolia ($0), and Malaysia ($0).

Growth In August 2024, the increase in Apples and Pears's year-by-year exports was explained primarily by an increase in exports to Canada ($87k or 725%), United Arab Emirates ($9k or 300%), and Kuwait ($3k or 100%). In August 2024, the change in Apples and Pears's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$3.37M(35.2%)
MAIN DESTINATION (August 2024)United States$6.81M

This section shows Apples and Pears'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 Apples and Pears over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$81.4M
IMPORTS (2022)$286k
NET TRADE (2022)$81.2M

In 2022, South Korea exported $81.4M in Apples and Pears. The main destinations of South Korea exports on Apples and Pears were United States ($38.7M), Chinese Taipei ($22.9M), Vietnam ($10.2M), Hong Kong ($2.57M), and Canada ($1.6M).

In 2022, South Korea imported $286k in Apples and Pears, mainly from United States ($222k), Australia ($63.2k), Brazil ($1.24k), and China ($17).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Apples and Pears EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
United States$7.91M (25.7%)
Vietnam$3.87M (61.1%)
Hong Kong$304k (13.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Apples and Pears BY South Korea WERE (2021 - 2022):
Chinese Taipei-$4.81M (-17.4%)
Russia-$147k (-57.9%)
Philippines-$110k (-76.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Apples and Pears were:
China $1.61B
United States $1B
Italy $980M
In 2022, South Korea's main importing competitors in Apples and Pears were:
Germany $667M
Vietnam $493M
United Kingdom $488M

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Trade Value of Apples and Pears by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndonesia+ $1.43M
TOP IMPORT POTENTIALUnited States+ $146k

Apples and Pears’s highest export potential is Indonesia. With an export gap of $1.43M.   Apples and Pears’s highest import potential is United States with an import gap of $146k.

See methodology.

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