2022
Exports
$14.5MWorld Rnk 9 / 153
Flag Rnk 685 / 1204
2022
PRODUCT COMPLEXITY IN Gum Coated Textile Fabric
-0.75Rnk 771 / 1025
2022
Imports
$15.3MWorld Rnk 11 / 202
Flag Rnk 877 / 1213
2022
ECONOMIC COMPLEXITY of South Korea
1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $14.5M in Gum Coated Textile Fabric, making it the 9th largest exporter of Gum Coated Textile Fabric in the world. At the same year, Gum Coated Textile Fabric was the 685th most exported product in South Korea. The main destination of Gum Coated Textile Fabric exports from South Korea are: Bangladesh ($7.3M), China ($2.78M), United States ($2.28M), Vietnam ($820k), and Philippines ($519k).

The fastest growing export markets for Gum Coated Textile Fabric of South Korea between 2021 and 2022 were Bangladesh ($7.3M), United States ($622k), and Vietnam ($447k).

Imports In 2022, South Korea imported $15.3M in Gum Coated Textile Fabric, becoming the 11th largest importer of Gum Coated Textile Fabric in the world. At the same year, Gum Coated Textile Fabric was the 877th most imported product in South Korea. South Korea imports Gum Coated Textile Fabric primarily from: China ($14.6M), Germany ($130k), Italy ($129k), Netherlands ($96.1k), and United States ($91k).

The fastest growing import markets in Gum Coated Textile Fabric for South Korea between 2021 and 2022 were China ($1.93M), United States ($61.4k), and United Arab Emirates ($50.2k).

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$203k(54.4%)
IMPORT GROWTH (July 2023 - July 2024)$104k(12.9%)
MAIN DESTINATION (July 2024)Bangladesh$350k

This section shows Gum Coated Textile Fabric'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 Gum Coated Textile Fabric over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$14.5M
IMPORTS (2022)$15.3M
NET TRADE (2022)-$790k

In 2022, South Korea exported $14.5M in Gum Coated Textile Fabric. The main destinations of South Korea exports on Gum Coated Textile Fabric were Bangladesh ($7.3M), China ($2.78M), United States ($2.28M), Vietnam ($820k), and Philippines ($519k).

In 2022, South Korea imported $15.3M in Gum Coated Textile Fabric, mainly from China ($14.6M), Germany ($130k), Italy ($129k), Netherlands ($96.1k), and United States ($91k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Gum Coated Textile Fabric EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Bangladesh$7.3M (1%)
United States$622k (37.6%)
Vietnam$447k (120%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gum Coated Textile Fabric BY South Korea WERE (2021 - 2022):
Philippines-$192k (-27%)
United Kingdom-$82.3k (-100%)
Kuwait-$25.2k (-95.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Gum Coated Textile Fabric were:
In 2022, South Korea's main importing competitors in Gum Coated Textile Fabric were:

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Trade Value of Gum Coated Textile Fabric by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $466k
TOP IMPORT POTENTIALChina+ $721k

Gum Coated Textile Fabric’s highest export potential is United States. With an export gap of $466k.   Gum Coated Textile Fabric’s highest import potential is China with an import gap of $721k.

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