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Exports In 2022, South Korea exported $4.17M in Equine and Bovine Hides, making it the 15th largest exporter of Equine and Bovine Hides in the world. At the same year, Equine and Bovine Hides was the 853rd most exported product in South Korea. The main destination of Equine and Bovine Hides exports from South Korea are: Japan ($4.14M), Philippines ($24.7k), Romania ($3.15k), and France ($204).

The fastest growing export markets for Equine and Bovine Hides of South Korea between 2021 and 2022 were Philippines ($15.8k), Romania ($3.15k), and France ($204).

Imports In 2022, South Korea imported $1.65M in Equine and Bovine Hides, becoming the 26th largest importer of Equine and Bovine Hides in the world. At the same year, Equine and Bovine Hides was the 1112th most imported product in South Korea. South Korea imports Equine and Bovine Hides primarily from: China ($1.31M), Italy ($235k), Spain ($112k), France ($348), and New Zealand ($14).

The fastest growing import markets in Equine and Bovine Hides for South Korea between 2021 and 2022 were Italy ($233k), Spain ($88.6k), and France ($348).

COMPANIES In 2023, leading companies such as Samsung (348), LG Electronics (8), and Volvo (3) were at the forefront of shipping Equine and Bovine Hides from South Korea to the United States.

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$78k(N/A%)
IMPORT GROWTH (July 2023 - July 2024)$663k(10.3%)
MAIN DESTINATION (July 2024)Thailand$78k

This section shows Equine and Bovine Hides'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 Equine and Bovine Hides over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.17M
IMPORTS (2022)$1.65M
NET TRADE (2022)$2.52M

In 2022, South Korea exported $4.17M in Equine and Bovine Hides. The main destinations of South Korea exports on Equine and Bovine Hides were Japan ($4.14M), Philippines ($24.7k), Romania ($3.15k), and France ($204).

In 2022, South Korea imported $1.65M in Equine and Bovine Hides, mainly from China ($1.31M), Italy ($235k), Spain ($112k), France ($348), and New Zealand ($14).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Equine and Bovine Hides EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Philippines$15.8k (177%)
Romania$3.15k (1%)
France$204 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Equine and Bovine Hides BY South Korea WERE (2021 - 2022):
Japan-$680k (-14.1%)
Italy-$3.27k (-100%)
Cyprus-$10 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Equine and Bovine Hides were:
Italy $68.5M
Austria $31.3M
Germany $16.4M
In 2022, South Korea's main importing competitors in Equine and Bovine Hides were:
Germany $35.5M
Nigeria $24.5M
Serbia $18.6M

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Trade Value of Equine and Bovine Hides by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRomania+ $6.93k
TOP IMPORT POTENTIALChina+ $720k

Equine and Bovine Hides’s highest export potential is Romania. With an export gap of $6.93k.   Equine and Bovine Hides’s highest import potential is China with an import gap of $720k.

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