2023
Exports
$18.7MWorld Rnk 30 / 209
Flag Rnk 617 / 1188
2023
PRODUCT COMPLEXITY IN Eyewear
0.65Rnk 304 / 1025
2023
Imports
$189MWorld Rnk 19 / 222
Flag Rnk 332 / 1208
2023
ECONOMIC COMPLEXITY of South Korea
1.85Rnk 4 / 132

About

Exports In 2023, South Korea exported $18.7M in Eyewear, making it the 30th largest exporter of Eyewear in the world. At the same year, Eyewear was the 617th most exported product in South Korea. The main destination of Eyewear exports from South Korea are: Hong Kong ($4.21M), France ($2.47M), United States ($2.09M), China ($1.67M), and Italy ($1.12M).

The fastest growing export markets for Eyewear of South Korea between 2022 and 2023 were Turkey ($543k), Malaysia ($351k), and Spain ($262k).

Imports In 2023, South Korea imported $189M in Eyewear, becoming the 19th largest importer of Eyewear in the world. At the same year, Eyewear was the 332nd most imported product in South Korea. South Korea imports Eyewear primarily from: China ($89.8M), Italy ($50.1M), Hong Kong ($23.6M), Japan ($7.98M), and United States ($4.48M).

The fastest growing import markets in Eyewear for South Korea between 2022 and 2023 were China ($23.6M), Hong Kong ($23.4M), and Italy ($12.7M).

Latest Trends

January 2025

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2024 - January 2025)$-2.31M(-26.4%)
IMPORT GROWTH (January 2024 - January 2025)$877k(3.46%)
MAIN DESTINATION (January 2025)China$1.58M

This section shows Eyewear'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 Eyewear over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$18.7M
IMPORTS (2023)$189M
NET TRADE (2023)-$170M

In 2023, South Korea exported $18.7M in Eyewear. The main destinations of South Korea exports on Eyewear were Hong Kong ($4.21M), France ($2.47M), United States ($2.09M), China ($1.67M), and Italy ($1.12M).

In 2023, South Korea imported $189M in Eyewear, mainly from China ($89.8M), Italy ($50.1M), Hong Kong ($23.6M), Japan ($7.98M), and United States ($4.48M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Eyewear EXPORT MARKETS FOR South Korea WERE (2022 - 2023):
Turkey$543k (408%)
Malaysia$351k (110%)
Spain$262k (151%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Eyewear BY South Korea WERE (2022 - 2023):
China-$19.5M (-92.1%)
United States-$2.68M (-56.2%)
Japan-$1.92M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, South Korea's main exporting competitors in Eyewear were:
In 2023, South Korea's main importing competitors in Eyewear were:

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Trade Value of Eyewear by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $5.98M
TOP IMPORT POTENTIALChina+ $21.9M

Eyewear’s highest export potential is United States. With an export gap of $5.98M.   Eyewear’s highest import potential is China with an import gap of $21.9M.

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