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2022
Exports $7.51MWorld Rnk 14 / 128
Flag Rnk 771 / 1204
2022
Destination $2.35M Japan
2021 - 2022
FASTEST GROWING MARKET $2.35MJapan
2022
Imports $1.5MWorld Rnk 36 / 173
Flag Rnk 1114 / 1213
2022
Origin $193k Costa Rica
2021 - 2022
FASTEST GROWING ORIGIN $193kCosta Rica
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $7.51M in Cotton Waste, making it the 14th largest exporter of Cotton Waste in the world. At the same year, Cotton Waste was the 771st most exported product in South Korea. The main destination of Cotton Waste exports from South Korea are: Japan ($5.22M), Thailand ($1.07M), Chinese Taipei ($528k), Indonesia ($349k), and Ireland ($127k).

The fastest growing export markets for Cotton Waste of South Korea between 2021 and 2022 were Japan ($2.35M), Thailand ($379k), and Ireland ($64.6k).

Imports In 2022, South Korea imported $1.5M in Cotton Waste, becoming the 36th largest importer of Cotton Waste in the world. At the same year, Cotton Waste was the 1114th most imported product in South Korea. South Korea imports Cotton Waste primarily from: Costa Rica ($538k), Pakistan ($474k), Chinese Taipei ($186k), India ($112k), and Bangladesh ($112k).

The fastest growing import markets in Cotton Waste for South Korea between 2021 and 2022 were Costa Rica ($193k), Chinese Taipei ($75.4k), and Vietnam ($51.7k).

Latest Trends

November 2024

About

Overview In November 2024 South Korea's Cotton Waste exports accounted up to $377k and imports accounted up to $16k, resulting in a positive trade balance of $361k. Between November 2023 and November 2024 the exports of South Korea's   Cotton Waste have increased by $61k (19.3%) from $316k to $377k, while imports decreased by $-37k (-69.8%) from $53k to $16k.

Destinations In November 2024, Cotton Waste were exported mostly to Japan ($377k), Mali ($0), China ($0), India ($0), and Germany ($0), and were imported mostly from India ($15k), China ($1k), Mali ($0), Japan ($0), and Germany ($0).

Growth In November 2024, the increase in Cotton Waste's year-by-year exports was explained primarily by an increase in exports to . In November 2024, the decrease in Cotton Waste's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$61k(19.3%)
IMPORT GROWTH (November 2023 - November 2024)$-37k(-69.8%)
MAIN DESTINATION (November 2024)Japan$377k

This section shows Cotton Waste'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 Cotton Waste over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$7.51M
IMPORTS (2022)$1.5M
NET TRADE (2022)$6.01M

In 2022, South Korea exported $7.51M in Cotton Waste. The main destinations of South Korea exports on Cotton Waste were Japan ($5.22M), Thailand ($1.07M), Chinese Taipei ($528k), Indonesia ($349k), and Ireland ($127k).

In 2022, South Korea imported $1.5M in Cotton Waste, mainly from Costa Rica ($538k), Pakistan ($474k), Chinese Taipei ($186k), India ($112k), and Bangladesh ($112k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cotton Waste EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Japan$2.35M (82%)
Thailand$379k (55%)
Ireland$64.6k (104%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cotton Waste BY South Korea WERE (2021 - 2022):
Malaysia-$724k (-100%)
Chinese Taipei-$610k (-53.6%)
Vietnam-$603k (-85.1%)
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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 Cotton Waste were:
Turkey $78.4M
India $61.5M
Pakistan $58.8M
In 2022, South Korea's main importing competitors in Cotton Waste were:
Germany $55.7M
Turkey $38.3M
France $33.5M

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Trade Value of Cotton Waste by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $71.5k
TOP IMPORT POTENTIALPakistan+ $140k

Cotton Waste’s highest export potential is Germany. With an export gap of $71.5k.   Cotton Waste’s highest import potential is Pakistan with an import gap of $140k.

See methodology.

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