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2022
Exports $2.92MWorld Rnk 64 / 160
Flag Rnk 890 / 1204
2022
Destination $532k Singapore
2021 - 2022
FASTEST GROWING MARKET $532kChile
2022
PRODUCT COMPLEXITY IN Frozen Fruits and Nuts-0.63Rnk 738 / 1025
2022
Imports $153MWorld Rnk 12 / 216
Flag Rnk 422 / 1213
2022
Origin $6.67M United States
2021 - 2022
FASTEST GROWING ORIGIN $6.67MChina
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $2.92M in Frozen Fruits and Nuts, making it the 64th largest exporter of Frozen Fruits and Nuts in the world. At the same year, Frozen Fruits and Nuts was the 890th most exported product in South Korea. The main destination of Frozen Fruits and Nuts exports from South Korea are: Singapore ($991k), Japan ($803k), Chile ($532k), United States ($149k), and France ($135k).

The fastest growing export markets for Frozen Fruits and Nuts of South Korea between 2021 and 2022 were Chile ($532k), France ($118k), and Russia ($51.1k).

Imports In 2022, South Korea imported $153M in Frozen Fruits and Nuts, becoming the 12th largest importer of Frozen Fruits and Nuts in the world. At the same year, Frozen Fruits and Nuts was the 422nd most imported product in South Korea. South Korea imports Frozen Fruits and Nuts primarily from: United States ($33.7M), China ($33M), Chile ($25.9M), Vietnam ($22.5M), and Peru ($21.2M).

The fastest growing import markets in Frozen Fruits and Nuts for South Korea between 2021 and 2022 were China ($6.67M), Chile ($6.43M), and Vietnam ($3.83M).

COMPANIES In 2023, leading companies such as Wismettac Asian Foods (70) were at the forefront of shipping Frozen Fruits and Nuts from South Korea to the United States.

Latest Trends

August 2024

About

Overview In August 2024 South Korea's Frozen Fruits and Nuts exports accounted up to $236k and imports accounted up to $15.1M, resulting in a negative trade balance of $14.9M. Between August 2023 and August 2024 the exports of South Korea's   Frozen Fruits and Nuts have increased by $81k (52.3%) from $155k to $236k, while imports decreased by $-52k (-0.34%) from $15.2M to $15.1M.

Destinations In August 2024, Frozen Fruits and Nuts were exported mostly to Japan ($107k), Singapore ($50k), Thailand ($34k), Vietnam ($24k), and United States ($14k), and were imported mostly from Vietnam ($4.55M), Chile ($3.05M), United States ($2.79M), China ($1.71M), and Peru ($1.43M).

Growth In August 2024, the increase in Frozen Fruits and Nuts's year-by-year exports was explained primarily by an increase in exports to Japan ($3k or 4.92%) and United States ($2k or 66.7%). In August 2024, the decrease in Frozen Fruits and Nuts's year-by-year imports was explained primarily by a decrease in imports from Peru ($-1.19M or -65.4%), United States ($-927k or -33.8%), and Canada ($-513k or -66.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$81k(52.3%)
IMPORT GROWTH (August 2023 - August 2024)$-52k(-0.34%)
MAIN DESTINATION (August 2024)Japan$107k

This section shows Frozen Fruits and Nuts'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 Frozen Fruits and Nuts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.92M
IMPORTS (2022)$153M
NET TRADE (2022)-$150M

In 2022, South Korea exported $2.92M in Frozen Fruits and Nuts. The main destinations of South Korea exports on Frozen Fruits and Nuts were Singapore ($991k), Japan ($803k), Chile ($532k), United States ($149k), and France ($135k).

In 2022, South Korea imported $153M in Frozen Fruits and Nuts, mainly from United States ($33.7M), China ($33M), Chile ($25.9M), Vietnam ($22.5M), and Peru ($21.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Frozen Fruits and Nuts EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Chile$532k (10.6M%)
France$118k (706%)
Russia$51.1k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Frozen Fruits and Nuts BY South Korea WERE (2021 - 2022):
Japan-$323k (-28.7%)
Singapore-$29k (-2.84%)
Mongolia-$24.6k (-99.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Frozen Fruits and Nuts were:
Poland $719M
Serbia $555M
Canada $553M
In 2022, South Korea's main importing competitors in Frozen Fruits and Nuts were:
United States $1.5B
China $785M
Germany $784M

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Trade Value of Frozen Fruits and Nuts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $349k
TOP IMPORT POTENTIALCanada+ $2.25M

Frozen Fruits and Nuts’s highest export potential is Japan. With an export gap of $349k.   Frozen Fruits and Nuts’s highest import potential is Canada with an import gap of $2.25M.

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