2023
Exports
$4.69MWorld Rnk 57 / 178
Flag Rnk 797 / 1188
2023
PRODUCT COMPLEXITY IN Knit Women's Coats
-1.23Rnk 884 / 1025
2023
Imports
$56.6MWorld Rnk 17 / 207
Flag Rnk 599 / 1208
2023
ECONOMIC COMPLEXITY of South Korea
1.85Rnk 4 / 132

About

Exports In 2023, South Korea exported $4.69M in Knit Women's Coats, making it the 57th largest exporter of Knit Women's Coats in the world. At the same year, Knit Women's Coats was the 797th most exported product in South Korea. The main destination of Knit Women's Coats exports from South Korea are: Hong Kong ($2M), China ($415k), Chile ($357k), Chinese Taipei ($320k), and Indonesia ($298k).

The fastest growing export markets for Knit Women's Coats of South Korea between 2022 and 2023 were Indonesia ($291k), Italy ($143k), and Macau ($108k).

Imports In 2023, South Korea imported $56.6M in Knit Women's Coats, becoming the 17th largest importer of Knit Women's Coats in the world. At the same year, Knit Women's Coats was the 599th most imported product in South Korea. South Korea imports Knit Women's Coats primarily from: China ($24.3M), Italy ($13.3M), Indonesia ($6.6M), France ($2.31M), and Hong Kong ($1.85M).

The fastest growing import markets in Knit Women's Coats for South Korea between 2022 and 2023 were Italy ($5.37M), Indonesia ($2.97M), and France ($1.61M).

Latest Trends

December 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$-7k(-0.23%)
IMPORT GROWTH (December 2023 - December 2024)$952k(14%)
MAIN DESTINATION (December 2024)China$2.37M

This section shows Knit Women's Coats'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 Knit Women's Coats over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$4.69M
IMPORTS (2023)$56.6M
NET TRADE (2023)-$51.9M

In 2023, South Korea exported $4.69M in Knit Women's Coats. The main destinations of South Korea exports on Knit Women's Coats were Hong Kong ($2M), China ($415k), Chile ($357k), Chinese Taipei ($320k), and Indonesia ($298k).

In 2023, South Korea imported $56.6M in Knit Women's Coats, mainly from China ($24.3M), Italy ($13.3M), Indonesia ($6.6M), France ($2.31M), and Hong Kong ($1.85M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Knit Women's Coats EXPORT MARKETS FOR South Korea WERE (2022 - 2023):
Indonesia$291k (4.25k%)
Italy$143k (145%)
Macau$108k (540%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Women's Coats BY South Korea WERE (2022 - 2023):
China-$1.93M (-82.3%)
Hong Kong-$767k (-27.7%)
Japan-$234k (-94%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, South Korea's main exporting competitors in Knit Women's Coats were:
In 2023, South Korea's main importing competitors in Knit Women's Coats were:

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Trade Value of Knit Women's Coats by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $652k
TOP IMPORT POTENTIALChina+ $9.4M

Knit Women's Coats’s highest export potential is United States. With an export gap of $652k.   Knit Women's Coats’s highest import potential is China with an import gap of $9.4M.

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