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2022
Exports $1.7MWorld Rnk 62 / 175
Flag Rnk 936 / 1204
2022
Destination $286k Russia
2021 - 2022
FASTEST GROWING MARKET $286kRussia
2022
PRODUCT COMPLEXITY IN Coconuts, Brazil Nuts, and Cashews-2.44Rnk 1017 / 1025
2022
Imports $40.6MWorld Rnk 28 / 212
Flag Rnk 715 / 1213
2022
Origin $333k Vietnam
2021 - 2022
FASTEST GROWING ORIGIN $333kPhilippines
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $1.7M in Coconuts, Brazil Nuts, and Cashews, making it the 62nd largest exporter of Coconuts, Brazil Nuts, and Cashews in the world. At the same year, Coconuts, Brazil Nuts, and Cashews was the 936th most exported product in South Korea. The main destination of Coconuts, Brazil Nuts, and Cashews exports from South Korea are: Russia ($286k), United States ($172k), India ($165k), Iraq ($135k), and Vietnam ($134k).

The fastest growing export markets for Coconuts, Brazil Nuts, and Cashews of South Korea between 2021 and 2022 were Russia ($286k), United States ($168k), and Iraq ($135k).

Imports In 2022, South Korea imported $40.6M in Coconuts, Brazil Nuts, and Cashews, becoming the 28th largest importer of Coconuts, Brazil Nuts, and Cashews in the world. At the same year, Coconuts, Brazil Nuts, and Cashews was the 715th most imported product in South Korea. South Korea imports Coconuts, Brazil Nuts, and Cashews primarily from: Vietnam ($26.7M), Peru ($6.08M), Indonesia ($3.97M), Philippines ($1.88M), and India ($1.1M).

The fastest growing import markets in Coconuts, Brazil Nuts, and Cashews for South Korea between 2021 and 2022 were Philippines ($333k), Cote d'Ivoire ($54.3k), and Ireland ($7.9k).

Latest Trends

October 2024

About

Overview In October 2024 South Korea's Coconuts, Brazil Nuts, and Cashews exports accounted up to $2k and imports accounted up to $3.55M, resulting in a negative trade balance of $3.55M. Between October 2023 and October 2024 the exports of South Korea's   Coconuts, Brazil Nuts, and Cashews have decreased by $-72k (-97.3%) from $74k to $2k, while imports decreased by $-1.13M (-24.2%) from $4.68M to $3.55M.

Destinations In October 2024, Coconuts, Brazil Nuts, and Cashews were exported mostly to Sri Lanka ($1k), Canada ($1k), Tanzania ($0), China ($0), and Hong Kong ($0), and were imported mostly from Vietnam ($2.12M), Peru ($1.13M), Philippines ($148k), Indonesia ($123k), and United States ($20k).

Growth In October 2024, the decrease in Coconuts, Brazil Nuts, and Cashews's year-by-year exports was explained primarily by a decrease in exports to United States ($-1k or -100%). In October 2024, the decrease in Coconuts, Brazil Nuts, and Cashews's year-by-year imports was explained primarily by a decrease in imports from Peru ($-821k or -47.7%), Indonesia ($-96k or -20.3%), and Thailand ($-8k or -25%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$-72k(-97.3%)
IMPORT GROWTH (October 2023 - October 2024)$-1.13M(-24.2%)
MAIN DESTINATION (October 2024)Sri Lanka$1k

This section shows Coconuts, Brazil Nuts, and Cashews'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 Coconuts, Brazil Nuts, and Cashews over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.7M
IMPORTS (2022)$40.6M
NET TRADE (2022)-$38.9M

In 2022, South Korea exported $1.7M in Coconuts, Brazil Nuts, and Cashews. The main destinations of South Korea exports on Coconuts, Brazil Nuts, and Cashews were Russia ($286k), United States ($172k), India ($165k), Iraq ($135k), and Vietnam ($134k).

In 2022, South Korea imported $40.6M in Coconuts, Brazil Nuts, and Cashews, mainly from Vietnam ($26.7M), Peru ($6.08M), Indonesia ($3.97M), Philippines ($1.88M), and India ($1.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Coconuts, Brazil Nuts, and Cashews EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Russia$286k (1%)
United States$168k (3.98k%)
Iraq$135k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coconuts, Brazil Nuts, and Cashews BY South Korea WERE (2021 - 2022):
Vietnam-$57.1k (-29.8%)
Japan-$38.5k (-32.8%)
Mongolia-$5.92k (-80.2%)
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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 Coconuts, Brazil Nuts, and Cashews were:
Vietnam $2.93B
Cote d'Ivoire $1.03B
Cambodia $982M
In 2022, South Korea's main importing competitors in Coconuts, Brazil Nuts, and Cashews were:
Vietnam $2.14B
India $1.78B
United States $1.15B

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Trade Value of Coconuts, Brazil Nuts, and Cashews by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $294k
TOP IMPORT POTENTIALVietnam+ $3.75M

Coconuts, Brazil Nuts, and Cashews’s highest export potential is India. With an export gap of $294k.   Coconuts, Brazil Nuts, and Cashews’s highest import potential is Vietnam with an import gap of $3.75M.

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