2022
Exports
$2.22MWorld Rnk 64 / 190
Flag Rnk 912 / 1204
falsefalse United States
2022
PRODUCT COMPLEXITY IN Bedspreads
-0.83Rnk 787 / 1025
2022
Imports
$59.3MWorld Rnk 17 / 222
Flag Rnk 637 / 1213
2022
ECONOMIC COMPLEXITY of South Korea
1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $2.22M in Bedspreads, making it the 64th largest exporter of Bedspreads in the world. At the same year, Bedspreads was the 912th most exported product in South Korea. The main destination of Bedspreads exports from South Korea are: United States ($645k), Philippines ($439k), Japan ($211k), Singapore ($139k), and China ($131k).

The fastest growing export markets for Bedspreads of South Korea between 2021 and 2022 were United States ($171k), Singapore ($92.5k), and Russia ($56.3k).

Imports In 2022, South Korea imported $59.3M in Bedspreads, becoming the 17th largest importer of Bedspreads in the world. At the same year, Bedspreads was the 637th most imported product in South Korea. South Korea imports Bedspreads primarily from: China ($51.4M), India ($3.26M), Vietnam ($1.57M), Indonesia ($424k), and Spain ($332k).

COMPANIES In 2023, leading companies such as IKEA Group (56) and At Home Procurement (5) were at the forefront of shipping Bedspreads from South Korea to the United States.

Latest Trends

September 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$32k(16.1%)
IMPORT GROWTH (September 2023 - September 2024)$-35k(-1.2%)
MAIN DESTINATION (September 2024)Uruguay$68k

This section shows Bedspreads'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 Bedspreads over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.22M
IMPORTS (2022)$59.3M
NET TRADE (2022)-$57.1M

In 2022, South Korea exported $2.22M in Bedspreads. The main destinations of South Korea exports on Bedspreads were United States ($645k), Philippines ($439k), Japan ($211k), Singapore ($139k), and China ($131k).

In 2022, South Korea imported $59.3M in Bedspreads, mainly from China ($51.4M), India ($3.26M), Vietnam ($1.57M), Indonesia ($424k), and Spain ($332k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bedspreads EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
United States$171k (36.2%)
Singapore$92.5k (199%)
Russia$56.3k (104%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bedspreads BY South Korea WERE (2021 - 2022):
China-$201k (-60.6%)
Japan-$103k (-32.8%)
Chile-$103k (-72.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Bedspreads were:
China $2.17B
India $1.12B
In 2022, South Korea's main importing competitors in Bedspreads were:

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Trade Value of Bedspreads by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $583k
TOP IMPORT POTENTIALChina+ $6.14M

Bedspreads’s highest export potential is United States. With an export gap of $583k.   Bedspreads’s highest import potential is China with an import gap of $6.14M.

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