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Exports In 2022, South Korea exported $72M in Beer made from malt, making it the 24th largest exporter of Beer made from malt in the world. At the same year, Beer made from malt was the 752nd most exported product in South Korea. The main destination of Beer made from malt exports from South Korea are: Hong Kong ($25.3M), Japan ($10.9M), Mongolia ($8.44M), Iraq ($6.82M), and United States ($6.27M).

The fastest growing export markets for Beer made from malt of South Korea between 2021 and 2022 were Mongolia ($4.48M), Japan ($4.42M), and Australia ($917k).

Imports In 2022, South Korea imported $199M in Beer made from malt, becoming the 13th largest importer of Beer made from malt in the world. At the same year, Beer made from malt was the 408th most imported product in South Korea. South Korea imports Beer made from malt primarily from: China ($35.5M), Netherlands ($28.8M), United States ($16.2M), United Kingdom ($16.1M), and Germany ($15.6M).

The fastest growing import markets in Beer made from malt for South Korea between 2021 and 2022 were Japan ($7.71M), Vietnam ($2.67M), and Spain ($719k).

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 Beer made from malt 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 Beer made from malt. 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

Color
EXPORTS (2022)$72M
IMPORTS (2022)$199M
NET TRADE (2022)-$127M

In 2022, South Korea exported $72M in Beer made from malt. The main destinations of South Korea exports on Beer made from malt were Hong Kong ($25.3M), Japan ($10.9M), Mongolia ($8.44M), Iraq ($6.82M), and United States ($6.27M).

In 2022, South Korea imported $199M in Beer made from malt, mainly from China ($35.5M), Netherlands ($28.8M), United States ($16.2M), United Kingdom ($16.1M), and Germany ($15.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Beer made from malt EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Mongolia$4.48M (113%)
Japan$4.42M (68.1%)
Australia$917k (54%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Beer made from malt BY South Korea WERE (2021 - 2022):
Hong Kong-$3.05M (-10.7%)
Russia-$447k (-37.4%)
Indonesia-$28.2k (-94.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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In 2022, South Korea's main exporting competitors in Beer made from malt were:
In 2022, South Korea's main importing competitors in Beer made from malt were:

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Trade Value of Beer made from malt by Exporters

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