2022
Exports
$5.88MWorld Rnk 44 / 174
Flag Rnk 804 / 1204
2022
PRODUCT COMPLEXITY IN Dried Vegetables
-1.3Rnk 912 / 1025
2022
Imports
$132MWorld Rnk 8 / 220
Flag Rnk 452 / 1213
2022
ECONOMIC COMPLEXITY of South Korea
1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $5.88M in Dried Vegetables, making it the 44th largest exporter of Dried Vegetables in the world. At the same year, Dried Vegetables was the 804th most exported product in South Korea. The main destination of Dried Vegetables exports from South Korea are: United States ($3.44M), Hong Kong ($502k), China ($369k), Vietnam ($368k), and Australia ($290k).

The fastest growing export markets for Dried Vegetables of South Korea between 2021 and 2022 were United States ($442k), Hong Kong ($101k), and China ($92k).

Imports In 2022, South Korea imported $132M in Dried Vegetables, becoming the 8th largest importer of Dried Vegetables in the world. At the same year, Dried Vegetables was the 452nd most imported product in South Korea. South Korea imports Dried Vegetables primarily from: China ($118M), United States ($5.04M), Vietnam ($2.13M), Burma ($2.08M), and Netherlands ($1.12M).

The fastest growing import markets in Dried Vegetables for South Korea between 2021 and 2022 were China ($13M), United States ($1.09M), and Vietnam ($803k).

COMPANIES In 2023, leading companies such as ZF Friedrichshafen (1) were at the forefront of shipping Dried Vegetables from South Korea to the United States.

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$177k(30.2%)
IMPORT GROWTH (July 2023 - July 2024)$1.6M(20.5%)
MAIN DESTINATION (July 2024)United States$558k

This section shows Dried Vegetables'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 Vegetables over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$5.88M
IMPORTS (2022)$132M
NET TRADE (2022)-$126M

In 2022, South Korea exported $5.88M in Dried Vegetables. The main destinations of South Korea exports on Dried Vegetables were United States ($3.44M), Hong Kong ($502k), China ($369k), Vietnam ($368k), and Australia ($290k).

In 2022, South Korea imported $132M in Dried Vegetables, mainly from China ($118M), United States ($5.04M), Vietnam ($2.13M), Burma ($2.08M), and Netherlands ($1.12M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Dried Vegetables EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
United States$442k (14.7%)
Hong Kong$101k (25.2%)
China$92k (33.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Dried Vegetables BY South Korea WERE (2021 - 2022):
Thailand-$55.6k (-82%)
Sweden-$36.4k (-98.1%)
Russia-$35.7k (-82.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Dried Vegetables were:
In 2022, South Korea's main importing competitors in Dried Vegetables were:

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Trade Value of Dried Vegetables by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $250k
TOP IMPORT POTENTIALUnited States+ $1.24M

Dried Vegetables’s highest export potential is China. With an export gap of $250k.   Dried Vegetables’s highest import potential is United States with an import gap of $1.24M.

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