2022
Exports
$171MWorld Rnk 49 / 214
Flag Rnk 69 / 96
2022
PRODUCT COMPLEXITY IN Edible vegetables, roots, & tubers
-0.66Rnk 746 / 1025
2022
Imports
$901MWorld Rnk 22 / 225
Flag Rnk 62 / 96
2022
ECONOMIC COMPLEXITY of South Korea
1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $171M in Edible vegetables, roots, & tubers, making it the 49th largest exporter of Edible vegetables, roots, & tubers in the world. At the same year, Edible vegetables, roots, & tubers was the 69th most exported product in South Korea. The main destination of Edible vegetables, roots, & tubers exports from South Korea are: Japan ($88.5M), Chinese Taipei ($18.2M), United States ($16.7M), Australia ($10.5M), and Hong Kong ($8.14M).

The fastest growing export markets for Edible vegetables, roots, & tubers of South Korea between 2021 and 2022 were Belgium ($1.94M), Australia ($1.16M), and Nigeria ($747k).

Imports In 2022, South Korea imported $901M in Edible vegetables, roots, & tubers, becoming the 22nd largest importer of Edible vegetables, roots, & tubers in the world. At the same year, Edible vegetables, roots, & tubers was the 62nd most imported product in South Korea. South Korea imports Edible vegetables, roots, & tubers primarily from: China ($664M), Vietnam ($83.1M), United States ($41.4M), Thailand ($24M), and Peru ($14.6M).

The fastest growing import markets in Edible vegetables, roots, & tubers for South Korea between 2021 and 2022 were China ($70.3M), Vietnam ($13.4M), and Thailand ($7.28M).

COMPANIES In 2023, leading companies such as Samsung (320), LG Electronics (142), and Nexen Tire (80) were at the forefront of shipping Edible vegetables, roots, & tubers from South Korea to the United States.

Latest Trends

October 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$-1.59M(-14.8%)
IMPORT GROWTH (October 2023 - October 2024)$-2.6M(-3.48%)
MAIN DESTINATION (October 2024)Japan$3.98M

This section shows Edible vegetables, roots, & tubers'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 vegetables, roots, & tubers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$171M
IMPORTS (2022)$901M
NET TRADE (2022)-$730M

In 2022, South Korea exported $171M in Edible vegetables, roots, & tubers. The main destinations of South Korea exports on Edible vegetables, roots, & tubers were Japan ($88.5M), Chinese Taipei ($18.2M), United States ($16.7M), Australia ($10.5M), and Hong Kong ($8.14M).

In 2022, South Korea imported $901M in Edible vegetables, roots, & tubers, mainly from China ($664M), Vietnam ($83.1M), United States ($41.4M), Thailand ($24M), and Peru ($14.6M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Edible vegetables, roots, & tubers EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Belgium$1.94M (11.6k%)
Australia$1.16M (12.4%)
Nigeria$747k (4.03k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Edible vegetables, roots, & tubers BY South Korea WERE (2021 - 2022):
Japan-$12.8M (-12.7%)
Chinese Taipei-$5.66M (-23.8%)
France-$3.28M (-99.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Edible vegetables, roots, & tubers were:
China $9.36B
Mexico $9.21B
Spain $8.42B
In 2022, South Korea's main importing competitors in Edible vegetables, roots, & tubers were:

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Trade Value of Edible vegetables, roots, & tubers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $10.2M
TOP IMPORT POTENTIALCanada+ $5.58M

Edible vegetables, roots, & tubers’s highest export potential is United States. With an export gap of $10.2M.   Edible vegetables, roots, & tubers’s highest import potential is Canada with an import gap of $5.58M.

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