2023
Exports
$1.02MWorld Rnk 87 / 152
Flag Rnk 952 / 1188
2023
PRODUCT COMPLEXITY IN Bran
-2.07Rnk 1005 / 1025
2023
Imports
$22.2MWorld Rnk 30 / 185
Flag Rnk 775 / 1208
2023
ECONOMIC COMPLEXITY of South Korea
1.85Rnk 4 / 132

About

Exports In 2023, South Korea exported $1.02M in Bran, making it the 87th largest exporter of Bran in the world. At the same year, Bran was the 952nd most exported product in South Korea. The main destination of Bran exports from South Korea are: Japan ($892k), Malaysia ($79.9k), Nigeria ($44.6k), Hong Kong ($2.17k), and Netherlands ($891).

The fastest growing export markets for Bran of South Korea between 2022 and 2023 were Nigeria ($44.6k), Hong Kong ($2.17k), and Netherlands ($752).

Imports In 2023, South Korea imported $22.2M in Bran, becoming the 30th largest importer of Bran in the world. At the same year, Bran was the 775th most imported product in South Korea. South Korea imports Bran primarily from: Brazil ($8.55M), Indonesia ($5.58M), Australia ($2.51M), Chinese Taipei ($2.04M), and Sri Lanka ($1.81M).

The fastest growing import markets in Bran for South Korea between 2022 and 2023 were Brazil ($8.51M), United States ($323k), and Chinese Taipei ($227k).

Latest Trends

January 2025

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2024 - January 2025)$4k(N/A%)
IMPORT GROWTH (January 2024 - January 2025)$1.95M(230%)
MAIN DESTINATION (January 2025)Japan$4k

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
EXPORTS (2023)$1.02M
IMPORTS (2023)$22.2M
NET TRADE (2023)-$21.2M

In 2023, South Korea exported $1.02M in Bran. The main destinations of South Korea exports on Bran were Japan ($892k), Malaysia ($79.9k), Nigeria ($44.6k), Hong Kong ($2.17k), and Netherlands ($891).

In 2023, South Korea imported $22.2M in Bran, mainly from Brazil ($8.55M), Indonesia ($5.58M), Australia ($2.51M), Chinese Taipei ($2.04M), and Sri Lanka ($1.81M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Bran EXPORT MARKETS FOR South Korea WERE (2022 - 2023):
Nigeria$44.6k (1%)
Hong Kong$2.17k (1%)
Netherlands$752 (541%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bran BY South Korea WERE (2022 - 2023):
Japan-$778k (-46.6%)
Malaysia-$199k (-71.4%)
Singapore-$4.94k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, South Korea's main exporting competitors in Bran were:
In 2023, South Korea's main importing competitors in Bran were:

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Trade Value of Bran by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMalaysia+ $14.5k
TOP IMPORT POTENTIALRussia+ $962k

Bran’s highest export potential is Malaysia. With an export gap of $14.5k.   Bran’s highest import potential is Russia with an import gap of $962k.

See methodology.

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