Bran in South Korea | The Observatory of Economic Complexity

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Exports In 2022, South Korea exported $1.71M in Bran, making it the 85th largest exporter of Bran in the world. At the same year, Bran was the 934th most exported product in South Korea. The main destination of Bran exports from South Korea are: Japan ($1.42M), Malaysia ($293k), Singapore ($4.2k), Netherlands ($118), and Indonesia ($15).

The fastest growing export markets for Bran of South Korea between 2021 and 2022 were Japan ($835k), Malaysia ($192k), and Singapore ($4.2k).

Imports In 2022, South Korea imported $28.8M in Bran, becoming the 28th largest importer of Bran in the world. At the same year, Bran was the 776th most imported product in South Korea. South Korea imports Bran primarily from: Indonesia ($17.3M), China ($2.51M), Australia ($2.51M), Sri Lanka ($2.02M), and Chinese Taipei ($1.76M).

The fastest growing import markets in Bran for South Korea between 2021 and 2022 were Sri Lanka ($2.02M), China ($1.35M), and Ukraine ($448k).

Latest Trends

November 2024

About

Overview In November 2024 South Korea's Bran exports accounted up to $5k and imports accounted up to $1.89M, resulting in a negative trade balance of $1.88M. Between November 2023 and November 2024 the exports of South Korea's Bran have decreased by $-2k (-28.6%) from $7k to $5k, while imports increased by $865k (84.6%) from $1.02M to $1.89M.

Destinations In November 2024, Bran were exported mostly to Japan ($5k), China ($0), Indonesia ($0), Chinese Taipei ($0), and United Kingdom ($0), and were imported mostly from Indonesia ($1.48M), China ($249k), Australia ($123k), Chinese Taipei ($35k), and Japan ($0).

Growth In November 2024, the decrease in Bran's year-by-year exports was explained primarily by a decrease in exports to . In November 2024, the increase in Bran's year-by-year imports was explained primarily by an increase in imports from Australia ($50k or 15.9%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (November 2023 - November 2024)$-2k(-28.6%)

IMPORT GROWTH (November 2023 - November 2024)$865k(84.6%)

MAIN DESTINATION (November 2024)Japan$5k

This section shows Bran'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 Bran over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$1.71M

IMPORTS (2022)$28.8M

NET TRADE (2022)-$27.1M

In 2022, South Korea exported $1.71M in Bran. The main destinations of South Korea exports on Bran were Japan ($1.42M), Malaysia ($293k), Singapore ($4.2k), Netherlands ($118), and Indonesia ($15).

In 2022, South Korea imported $28.8M in Bran, mainly from Indonesia ($17.3M), China ($2.51M), Australia ($2.51M), Sri Lanka ($2.02M), and Chinese Taipei ($1.76M).

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