2023
Exports
$4.87MWorld Rnk 89 / 199
Flag Rnk 784 / 1188
2023
PRODUCT COMPLEXITY IN Coffee
-1.51Rnk 945 / 1025
2023
Imports
$945MWorld Rnk 13 / 225
Flag Rnk 93 / 1208
2023
ECONOMIC COMPLEXITY of South Korea
1.85Rnk 4 / 132

About

Exports In 2023, South Korea exported $4.87M in Coffee, making it the 89th largest exporter of Coffee in the world. At the same year, Coffee was the 784th most exported product in South Korea. The main destination of Coffee exports from South Korea are: Malaysia ($1.15M), United States ($1.1M), Kuwait ($484k), Singapore ($309k), and China ($284k).

The fastest growing export markets for Coffee of South Korea between 2022 and 2023 were Malaysia ($394k), Kuwait ($295k), and Saudi Arabia ($206k).

Imports In 2023, South Korea imported $945M in Coffee, becoming the 13th largest importer of Coffee in the world. At the same year, Coffee was the 93rd most imported product in South Korea. South Korea imports Coffee primarily from: Brazil ($196M), Colombia ($136M), United States ($119M), Ethiopia ($112M), and Switzerland ($91.1M).

The fastest growing import markets in Coffee for South Korea between 2022 and 2023 were Netherlands ($20.5M), Germany ($9.53M), and Italy ($8.27M).

COMPANIES In 2024, leading companies such as Givaudan Fragrances (1) were at the forefront of shipping Coffee from South Korea to the United States.

Latest Trends

December 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$215k(50.2%)
IMPORT GROWTH (December 2023 - December 2024)$15.4M(17.9%)
MAIN DESTINATION (December 2024)Chinese Taipei$181k

This section shows Coffee'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 Coffee over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$4.87M
IMPORTS (2023)$945M
NET TRADE (2023)-$940M

In 2023, South Korea exported $4.87M in Coffee. The main destinations of South Korea exports on Coffee were Malaysia ($1.15M), United States ($1.1M), Kuwait ($484k), Singapore ($309k), and China ($284k).

In 2023, South Korea imported $945M in Coffee, mainly from Brazil ($196M), Colombia ($136M), United States ($119M), Ethiopia ($112M), and Switzerland ($91.1M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Coffee EXPORT MARKETS FOR South Korea WERE (2022 - 2023):
Malaysia$394k (52.4%)
Kuwait$295k (156%)
Saudi Arabia$206k (544%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coffee BY South Korea WERE (2022 - 2023):
Israel-$848k (-91.7%)
Hong Kong-$758k (-76.7%)
Mongolia-$735k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

Explore Visualizations

Trade Value of Coffee by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.42M
TOP IMPORT POTENTIALBrazil+ $30.5M

Coffee’s highest export potential is United States. With an export gap of $1.42M.   Coffee’s highest import potential is Brazil with an import gap of $30.5M.

See methodology.

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