2022
Exports
$79MWorld Rnk 14 / 143
Flag Rnk 409 / 1204
2022
PRODUCT COMPLEXITY IN Ice Cream
-0.27Rnk 636 / 1025
2022
Imports
$53.7MWorld Rnk 27 / 219
Flag Rnk 653 / 1213
2022
ECONOMIC COMPLEXITY of South Korea
1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $79M in Ice Cream, making it the 14th largest exporter of Ice Cream in the world. At the same year, Ice Cream was the 409th most exported product in South Korea. The main destination of Ice Cream exports from South Korea are: United States ($23.5M), Philippines ($9.95M), Canada ($7.71M), Vietnam ($6.25M), and Hong Kong ($5.16M).

The fastest growing export markets for Ice Cream of South Korea between 2021 and 2022 were United States ($5.04M), Chinese Taipei ($2.73M), and Philippines ($2.18M).

Imports In 2022, South Korea imported $53.7M in Ice Cream, becoming the 27th largest importer of Ice Cream in the world. At the same year, Ice Cream was the 653rd most imported product in South Korea. South Korea imports Ice Cream primarily from: United States ($18.4M), France ($16.7M), Thailand ($12.5M), United Kingdom ($1.5M), and Australia ($1.34M).

The fastest growing import markets in Ice Cream for South Korea between 2021 and 2022 were Thailand ($6.57M), China ($186k), and Greece ($164k).

Historical Data

Trade Balance

Color
EXPORTS (2022)$79M
IMPORTS (2022)$53.7M
NET TRADE (2022)$25.3M

In 2022, South Korea exported $79M in Ice Cream. The main destinations of South Korea exports on Ice Cream were United States ($23.5M), Philippines ($9.95M), Canada ($7.71M), Vietnam ($6.25M), and Hong Kong ($5.16M).

In 2022, South Korea imported $53.7M in Ice Cream, mainly from United States ($18.4M), France ($16.7M), Thailand ($12.5M), United Kingdom ($1.5M), and Australia ($1.34M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ice Cream EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
United States$5.04M (27.3%)
Chinese Taipei$2.73M (147%)
Philippines$2.18M (28%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ice Cream BY South Korea WERE (2021 - 2022):
China-$5.29M (-57.7%)
Saudi Arabia-$1.75M (-51.3%)
Singapore-$227k (-14.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type

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Trade Value of Ice Cream by Exporters

Potential Exports

Potential Exports

Flow
View
N/AN/AN/A
TOP IMPORT POTENTIALChina+ $902k

Ice Cream’s highest export potential is N/A. With an export gap of N/A.   Ice Cream’s highest import potential is China with an import gap of $902k.

See methodology.

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