2022
Exports
$712kWorld Rnk 74 / 136
Flag Rnk 1008 / 1204
2022
PRODUCT COMPLEXITY IN Edible Offal
-0.32Rnk 654 / 1025
2022
Imports
$337MWorld Rnk 7 / 210
Flag Rnk 253 / 1213
2022
ECONOMIC COMPLEXITY of South Korea
1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $712k in Edible Offal, making it the 74th largest exporter of Edible Offal in the world. At the same year, Edible Offal was the 1008th most exported product in South Korea. The main destination of Edible Offal exports from South Korea are: Hong Kong ($472k), Singapore ($221k), and Iraq ($18.9k).

The fastest growing export markets for Edible Offal of South Korea between 2021 and 2022 were Singapore ($221k) and Iraq ($14.4k).

Imports In 2022, South Korea imported $337M in Edible Offal, becoming the 7th largest importer of Edible Offal in the world. At the same year, Edible Offal was the 253rd most imported product in South Korea. South Korea imports Edible Offal primarily from: Australia ($138M), United States ($76.5M), Hong Kong ($46.8M), New Zealand ($26.5M), and Canada ($14.1M).

The fastest growing import markets in Edible Offal for South Korea between 2021 and 2022 were Hong Kong ($41.9M), United States ($11.7M), and Australia ($7.62M).

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
IMPORT GROWTH (July 2023 - July 2024)$-254k(-1.23%)
MAIN DESTINATION (July 2024)Austria$0

This section shows Edible Offal'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 Edible Offal over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$712k
IMPORTS (2022)$337M
NET TRADE (2022)-$336M

In 2022, South Korea exported $712k in Edible Offal. The main destinations of South Korea exports on Edible Offal were Hong Kong ($472k), Singapore ($221k), and Iraq ($18.9k).

In 2022, South Korea imported $337M in Edible Offal, mainly from Australia ($138M), United States ($76.5M), Hong Kong ($46.8M), New Zealand ($26.5M), and Canada ($14.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Edible Offal EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Singapore$221k (44.5k%)
Iraq$14.4k (318%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Edible Offal BY South Korea WERE (2021 - 2022):
Austria-$591k (-100%)
Hong Kong-$352k (-42.7%)
France-$155k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Edible Offal by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALHong Kong+ $62.2k
TOP IMPORT POTENTIALSpain+ $4.6M

Edible Offal’s highest export potential is Hong Kong. With an export gap of $62.2k.   Edible Offal’s highest import potential is Spain with an import gap of $4.6M.

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