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Exports In 2022, South Korea exported $1.89M in Homogenised composite food preparations, making it the 33rd largest exporter of Homogenised composite food preparations in the world. At the same year, Homogenised composite food preparations was the 2646th most exported product in South Korea. The main destination of Homogenised composite food preparations exports from South Korea are: Australia ($360k), United States ($299k), Germany ($286k), Chinese Taipei ($186k), and Hong Kong ($146k).

The fastest growing export markets for Homogenised composite food preparations of South Korea between 2021 and 2022 were Germany ($283k), Australia ($143k), and United States ($134k).

Imports In 2022, South Korea imported $2.59M in Homogenised composite food preparations, becoming the 41st largest importer of Homogenised composite food preparations in the world. At the same year, Homogenised composite food preparations was the 3323rd most imported product in South Korea. South Korea imports Homogenised composite food preparations primarily from: Thailand ($1.19M), United States ($551k), China ($465k), Germany ($168k), and Vietnam ($63.6k).

The fastest growing import markets in Homogenised composite food preparations for South Korea between 2021 and 2022 were United States ($353k), Germany ($143k), and Vietnam ($54.8k).

COMPANIES In 2023, leading companies such as LG Electronics (46.9k), Samsung (20.7k), and Hankook Tires (4.38k) were at the forefront of shipping Homogenised composite food preparations from South Korea to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Homogenised composite food preparations. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.89M
IMPORTS (2022)$2.59M
NET TRADE (2022)-$698k

In 2022, South Korea exported $1.89M in Homogenised composite food preparations. The main destinations of South Korea exports on Homogenised composite food preparations were Australia ($360k), United States ($299k), Germany ($286k), Chinese Taipei ($186k), and Hong Kong ($146k).

In 2022, South Korea imported $2.59M in Homogenised composite food preparations, mainly from Thailand ($1.19M), United States ($551k), China ($465k), Germany ($168k), and Vietnam ($63.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Homogenised composite food preparations EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Germany$283k (8.36k%)
Australia$143k (65.8%)
United States$134k (81.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Homogenised composite food preparations BY South Korea WERE (2021 - 2022):
Qatar-$86.3k (-43.1%)
Mongolia-$85.1k (-51.6%)
Thailand-$55k (-83%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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In 2022, South Korea's main exporting competitors in Homogenised composite food preparations were:
Germany $63.3M
Poland $47.8M
Spain $44.5M
In 2022, South Korea's main importing competitors in Homogenised composite food preparations were:

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Trade Value of Homogenised composite food preparations by Exporters

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