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2022
Exports $5.75MWorld Rnk 48 / 176
Flag Rnk 810 / 1204
2022
Destination $294k Japan
2021 - 2022
FASTEST GROWING MARKET $294kChina
2022
PRODUCT COMPLEXITY IN Dried Fruits-0.99Rnk 837 / 1025
2022
Imports $18.6MWorld Rnk 37 / 217
Flag Rnk 839 / 1213
2022
Origin $914k United States
2021 - 2022
FASTEST GROWING ORIGIN $914kLithuania
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $5.75M in Dried Fruits, making it the 48th largest exporter of Dried Fruits in the world. At the same year, Dried Fruits was the 810th most exported product in South Korea. The main destination of Dried Fruits exports from South Korea are: Japan ($1.66M), United States ($802k), Hong Kong ($696k), Vietnam ($644k), and Singapore ($520k).

The fastest growing export markets for Dried Fruits of South Korea between 2021 and 2022 were China ($294k), Macau ($20.2k), and Singapore ($18.2k).

Imports In 2022, South Korea imported $18.6M in Dried Fruits, becoming the 37th largest importer of Dried Fruits in the world. At the same year, Dried Fruits was the 839th most imported product in South Korea. South Korea imports Dried Fruits primarily from: United States ($9.05M), China ($5.22M), Lithuania ($929k), Turkey ($859k), and Thailand ($805k).

The fastest growing import markets in Dried Fruits for South Korea between 2021 and 2022 were Lithuania ($914k), United States ($678k), and Turkey ($382k).

COMPANIES In 2023, leading companies such as Samsung (148), ZF Friedrichshafen (9), and LG Electronics (8) were at the forefront of shipping Dried Fruits from South Korea to the United States.

Latest Trends

October 2024

About

Overview In October 2024 South Korea's Dried Fruits exports accounted up to $437k and imports accounted up to $1.02M, resulting in a negative trade balance of $582k. Between October 2023 and October 2024 the exports of South Korea's   Dried Fruits have decreased by $-47k (-9.71%) from $484k to $437k, while imports decreased by $-551k (-35.1%) from $1.57M to $1.02M.

Destinations In October 2024, Dried Fruits were exported mostly to Japan ($139k), United States ($135k), Hong Kong ($66k), Chinese Taipei ($44k), and Vietnam ($28k), and were imported mostly from United States ($484k), China ($389k), Chile ($68k), Indonesia ($21k), and Vietnam ($18k).

Growth In October 2024, the decrease in Dried Fruits's year-by-year exports was explained primarily by a decrease in exports to Hong Kong ($-44k or -46.8%), Australia ($-35k or -87.5%), and Canada ($-33k or -100%). In October 2024, the decrease in Dried Fruits's year-by-year imports was explained primarily by a decrease in imports from China ($-248k or -29.8%), United States ($-65k or -10.5%), and Chile ($-25k or -96.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$-47k(-9.71%)
IMPORT GROWTH (October 2023 - October 2024)$-551k(-35.1%)
MAIN DESTINATION (October 2024)Japan$139k

This section shows Dried Fruits'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 Dried Fruits over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$5.75M
IMPORTS (2022)$18.6M
NET TRADE (2022)-$12.9M

In 2022, South Korea exported $5.75M in Dried Fruits. The main destinations of South Korea exports on Dried Fruits were Japan ($1.66M), United States ($802k), Hong Kong ($696k), Vietnam ($644k), and Singapore ($520k).

In 2022, South Korea imported $18.6M in Dried Fruits, mainly from United States ($9.05M), China ($5.22M), Lithuania ($929k), Turkey ($859k), and Thailand ($805k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Dried Fruits EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
China$294k (277%)
Macau$20.2k (80.1%)
Singapore$18.2k (3.63%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Dried Fruits BY South Korea WERE (2021 - 2022):
Japan-$1.11M (-40.1%)
United Kingdom-$223k (-71.6%)
Australia-$222k (-64.5%)
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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 Dried Fruits were:
Turkey $467M
Chile $301M
Thailand $284M
In 2022, South Korea's main importing competitors in Dried Fruits were:
United States $398M
China $342M
Germany $273M

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Trade Value of Dried Fruits by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $606k
TOP IMPORT POTENTIALChina+ $1.62M

Dried Fruits’s highest export potential is China. With an export gap of $606k.   Dried Fruits’s highest import potential is China with an import gap of $1.62M.

See methodology.

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