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2022
Exports $42.2MWorld Rnk 20 / 160
Flag Rnk 521 / 1204
2022
Destination $3.62M Vietnam
2021 - 2022
FASTEST GROWING MARKET $3.62MVietnam
2022
PRODUCT COMPLEXITY IN Heavy Pure Woven Cotton-1.17Rnk 875 / 1025
2022
Imports $123MWorld Rnk 16 / 206
Flag Rnk 465 / 1213
2022
Origin $15.8M China
2021 - 2022
FASTEST GROWING ORIGIN $15.8MChina
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $42.2M in Heavy Pure Woven Cotton, making it the 20th largest exporter of Heavy Pure Woven Cotton in the world. At the same year, Heavy Pure Woven Cotton was the 521st most exported product in South Korea. The main destination of Heavy Pure Woven Cotton exports from South Korea are: Vietnam ($18.4M), Indonesia ($6.71M), Cambodia ($2.54M), China ($2.54M), and United States ($1.54M).

The fastest growing export markets for Heavy Pure Woven Cotton of South Korea between 2021 and 2022 were Vietnam ($3.62M), Cambodia ($937k), and Dominican Republic ($807k).

Imports In 2022, South Korea imported $123M in Heavy Pure Woven Cotton, becoming the 16th largest importer of Heavy Pure Woven Cotton in the world. At the same year, Heavy Pure Woven Cotton was the 465th most imported product in South Korea. South Korea imports Heavy Pure Woven Cotton primarily from: China ($79.5M), India ($13.1M), Vietnam ($12.6M), Thailand ($5.05M), and Turkey ($3.27M).

The fastest growing import markets in Heavy Pure Woven Cotton for South Korea between 2021 and 2022 were China ($15.8M), Japan ($849k), and Pakistan ($635k).

Latest Trends

September 2024

About

Overview In September 2024 South Korea's Heavy Pure Woven Cotton exports accounted up to $3.29M and imports accounted up to $7.45M, resulting in a negative trade balance of $4.16M. Between September 2023 and September 2024 the exports of South Korea's   Heavy Pure Woven Cotton have increased by $1.2M (57.5%) from $2.09M to $3.29M, while imports decreased by $-1.89M (-20.2%) from $9.33M to $7.45M.

Destinations In September 2024, Heavy Pure Woven Cotton were exported mostly to Vietnam ($1.45M), United Arab Emirates ($833k), Indonesia ($374k), China ($212k), and Bangladesh ($117k), and were imported mostly from China ($5.04M), Vietnam ($1.06M), India ($517k), Japan ($282k), and Egypt ($131k).

Growth In September 2024, the increase in Heavy Pure Woven Cotton's year-by-year exports was explained primarily by an increase in exports to Russia ($111k or 3.7k%), Thailand ($2k or 40%), and Japan ($1k or 20%). In September 2024, the decrease in Heavy Pure Woven Cotton's year-by-year imports was explained primarily by a decrease in imports from Turkey ($-257k or -63.6%), Thailand ($-156k or -44.7%), and Japan ($-71k or -26.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$1.2M(57.5%)
IMPORT GROWTH (September 2023 - September 2024)$-1.89M(-20.2%)
MAIN DESTINATION (September 2024)Vietnam$1.45M

This section shows Heavy Pure Woven Cotton'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 Heavy Pure Woven Cotton over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$42.2M
IMPORTS (2022)$123M
NET TRADE (2022)-$81.1M

In 2022, South Korea exported $42.2M in Heavy Pure Woven Cotton. The main destinations of South Korea exports on Heavy Pure Woven Cotton were Vietnam ($18.4M), Indonesia ($6.71M), Cambodia ($2.54M), China ($2.54M), and United States ($1.54M).

In 2022, South Korea imported $123M in Heavy Pure Woven Cotton, mainly from China ($79.5M), India ($13.1M), Vietnam ($12.6M), Thailand ($5.05M), and Turkey ($3.27M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Heavy Pure Woven Cotton EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Vietnam$3.62M (24.4%)
Cambodia$937k (58.3%)
Dominican Republic$807k (1.03k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Heavy Pure Woven Cotton BY South Korea WERE (2021 - 2022):
Indonesia-$1.66M (-19.8%)
Philippines-$488k (-58.8%)
Laos-$341k (-100%)
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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 Heavy Pure Woven Cotton were:
China $2.3B
Pakistan $1.01B
India $630M
In 2022, South Korea's main importing competitors in Heavy Pure Woven Cotton were:
Bangladesh $1.42B
Vietnam $470M
Cambodia $314M

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Trade Value of Heavy Pure Woven Cotton by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $2.34M
TOP IMPORT POTENTIALChina+ $10.3M

Heavy Pure Woven Cotton’s highest export potential is China. With an export gap of $2.34M.   Heavy Pure Woven Cotton’s highest import potential is China with an import gap of $10.3M.

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