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2018
Exports $28.3MWorld Rnk 31 / 196
Flag Rnk 586 / 1204
2018
Destination $1.38M Japan
2021 - 2022
FASTEST GROWING MARKET $1.38MHong Kong
2022
PRODUCT COMPLEXITY IN Knit Women's Shirts-1.35Rnk 923 / 1025
2018
Imports $71.9MWorld Rnk 12 / 221
Flag Rnk 586 / 1213
2018
Origin $1.06M Vietnam
2021 - 2022
FASTEST GROWING ORIGIN $1.06MItaly
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2018, South Korea exported $28.3M in Knit Women's Shirts, making it the 31st largest exporter of Knit Women's Shirts in the world. At the same year, Knit Women's Shirts was the 586th most exported product in South Korea. The main destination of Knit Women's Shirts exports from South Korea are: Japan ($10.2M), United States ($6.07M), China ($4.59M), Hong Kong ($3.21M), and Vietnam ($897k).

The fastest growing export markets for Knit Women's Shirts of South Korea between 2021 and 2022 were Hong Kong ($1.38M), Vietnam ($791k), and China ($679k).

Imports In 2022, South Korea imported $71.9M in Knit Women's Shirts, becoming the 12th largest importer of Knit Women's Shirts in the world. At the same year, Knit Women's Shirts was the 586th most imported product in South Korea. South Korea imports Knit Women's Shirts primarily from: Vietnam ($32.2M), China ($14.1M), Bangladesh ($3.6M), Indonesia ($3.07M), and Italy ($2.67M).

The fastest growing import markets in Knit Women's Shirts for South Korea between 2021 and 2022 were Italy ($1.06M), Vietnam ($837k), and Bangladesh ($629k).

Latest Trends

November 2024

About

Overview In November 2024 South Korea's Knit Women's Shirts exports accounted up to $1.86M and imports accounted up to $2.82M, resulting in a negative trade balance of $957k. Between November 2023 and November 2024 the exports of South Korea's   Knit Women's Shirts have increased by $180k (10.7%) from $1.68M to $1.86M, while imports increased by $126k (4.68%) from $2.69M to $2.82M.

Destinations In November 2024, Knit Women's Shirts were exported mostly to United States ($603k), Japan ($488k), China ($259k), Germany ($169k), and Chinese Taipei ($98k), and were imported mostly from Vietnam ($1.22M), China ($619k), Italy ($468k), Japan ($97k), and Turkey ($84k).

Growth In November 2024, the increase in Knit Women's Shirts's year-by-year exports was explained primarily by an increase in exports to Thailand ($113k or 807%), Chinese Taipei ($43k or 478%), and Hong Kong ($40k or 90.9%). In November 2024, the increase in Knit Women's Shirts's year-by-year imports was explained primarily by an increase in imports from Vietnam ($3.64M or 122%), Indonesia ($156k or 91.8%), and Burma ($84k or 75.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$180k(10.7%)
IMPORT GROWTH (November 2023 - November 2024)$126k(4.68%)
MAIN DESTINATION (November 2024)United States$603k

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

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Historical Data

Trade Balance

Color
EXPORTS (2022)$28.3M
IMPORTS (2022)$71.9M
NET TRADE (2022)-$43.6M

In 2022, South Korea exported $28.3M in Knit Women's Shirts. The main destinations of South Korea exports on Knit Women's Shirts were Japan ($10.2M), United States ($6.07M), China ($4.59M), Hong Kong ($3.21M), and Vietnam ($897k).

In 2022, South Korea imported $71.9M in Knit Women's Shirts, mainly from Vietnam ($32.2M), China ($14.1M), Bangladesh ($3.6M), Indonesia ($3.07M), and Italy ($2.67M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Women's Shirts EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Hong Kong$1.38M (74.9%)
Vietnam$791k (745%)
China$679k (17.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Women's Shirts BY South Korea WERE (2021 - 2022):
Japan-$4.76M (-31.8%)
United States-$1.34M (-18.1%)
Italy-$129k (-74.6%)
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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 Knit Women's Shirts were:
China $805M
Bangladesh $450M
Vietnam $402M
In 2022, South Korea's main importing competitors in Knit Women's Shirts were:
United States $1.19B
Germany $467M
Japan $267M

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Trade Value of Knit Women's Shirts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.09M
TOP IMPORT POTENTIALChina+ $6.29M

Knit Women's Shirts’s highest export potential is United States. With an export gap of $2.09M.   Knit Women's Shirts’s highest import potential is China with an import gap of $6.29M.

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