2022
Exports
$28.1kWorld Rnk 45 / 109
Flag Rnk 1154 / 1204
2022
Imports
$162kWorld Rnk 43 / 169
Flag Rnk 1186 / 1213
2022
ECONOMIC COMPLEXITY of South Korea
1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $28.1k in Hat Forms, making it the 45th largest exporter of Hat Forms in the world. At the same year, Hat Forms was the 1154th most exported product in South Korea. The main destination of Hat Forms exports from South Korea are: Japan ($14.8k), China ($4.02k), Spain ($2.26k), Vietnam ($1.63k), and Canada ($1.27k).

The fastest growing export markets for Hat Forms of South Korea between 2021 and 2022 were Japan ($13k), Vietnam ($1.63k), and Canada ($1.24k).

Imports In 2022, South Korea imported $162k in Hat Forms, becoming the 43rd largest importer of Hat Forms in the world. At the same year, Hat Forms was the 1186th most imported product in South Korea. South Korea imports Hat Forms primarily from: China ($78.9k), United Kingdom ($48k), India ($14.8k), United States ($4.75k), and Poland ($2.92k).

The fastest growing import markets in Hat Forms for South Korea between 2021 and 2022 were India ($14.7k), Poland ($2.81k), and China ($2.12k).

COMPANIES In 2023, leading companies such as Samsung (10) and General Motors (1) were at the forefront of shipping Hat Forms from South Korea to the United States.

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-1k(-100%)
IMPORT GROWTH (July 2023 - July 2024)$2k(200%)
MAIN DESTINATION (July 2024)China$0

This section shows Hat Forms'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 Hat Forms over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$28.1k
IMPORTS (2022)$162k
NET TRADE (2022)-$134k

In 2022, South Korea exported $28.1k in Hat Forms. The main destinations of South Korea exports on Hat Forms were Japan ($14.8k), China ($4.02k), Spain ($2.26k), Vietnam ($1.63k), and Canada ($1.27k).

In 2022, South Korea imported $162k in Hat Forms, mainly from China ($78.9k), United Kingdom ($48k), India ($14.8k), United States ($4.75k), and Poland ($2.92k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hat Forms EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Japan$13k (707%)
Vietnam$1.63k (1%)
Canada$1.24k (4.96k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hat Forms BY South Korea WERE (2021 - 2022):
China-$6.89k (-63.2%)
Hong Kong-$6.67k (-84.8%)
United States-$3.05k (-98.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Hat Forms were:
China $18.5M
In 2022, South Korea's main importing competitors in Hat Forms were:

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Trade Value of Hat Forms by Exporters

Potential Exports

Potential Exports

Flow
View
N/A
N/AN/A
N/AN/A

Hat Forms’s highest export potential is N/A. With an export gap of N/A.   Hat Forms’s highest import potential is N/A with an import gap of N/A.

See methodology.

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