Sign In
Pricing

2022
Exports $33.8MWorld Rnk 29 / 214
Flag Rnk 553 / 1204
2022
Destination $6.64M United States
2021 - 2022
FASTEST GROWING MARKET $6.64MUnited States
2022
PRODUCT COMPLEXITY IN Leather Apparel-1.09Rnk 854 / 1025
2022
Imports $234MWorld Rnk 11 / 224
Flag Rnk 321 / 1213
2022
Origin $21M Italy
2021 - 2022
FASTEST GROWING ORIGIN $21MItaly
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $33.8M in Leather Apparel, making it the 29th largest exporter of Leather Apparel in the world. At the same year, Leather Apparel was the 553rd most exported product in South Korea. The main destination of Leather Apparel exports from South Korea are: United States ($18.1M), Canada ($4.06M), Hong Kong ($2.23M), Japan ($2.2M), and China ($2.09M).

The fastest growing export markets for Leather Apparel of South Korea between 2021 and 2022 were United States ($6.64M), Canada ($1.61M), and Nigeria ($392k).

Imports In 2022, South Korea imported $234M in Leather Apparel, becoming the 11th largest importer of Leather Apparel in the world. At the same year, Leather Apparel was the 321st most imported product in South Korea. South Korea imports Leather Apparel primarily from: Italy ($78.6M), China ($56.6M), Indonesia ($26.6M), France ($15.3M), and Vietnam ($11.3M).

The fastest growing import markets in Leather Apparel for South Korea between 2021 and 2022 were Italy ($21M), China ($14.6M), and Indonesia ($4.52M).

COMPANIES In 2023, leading companies such as Banana Republic (5), LG Electronics (3), and Helly Hansen (2) were at the forefront of shipping Leather Apparel from South Korea to the United States.

Latest Trends

October 2024

About

Overview In October 2024 South Korea's Leather Apparel exports accounted up to $2.48M and imports accounted up to $23.2M, resulting in a negative trade balance of $20.8M. Between October 2023 and October 2024 the exports of South Korea's   Leather Apparel have increased by $1.03M (71.2%) from $1.45M to $2.48M, while imports increased by $1.29M (5.88%) from $22M to $23.2M.

Destinations In October 2024, Leather Apparel were exported mostly to Canada ($993k), United States ($521k), China ($263k), Japan ($191k), and Italy ($165k), and were imported mostly from Italy ($6.27M), China ($5.79M), Indonesia ($3.06M), France ($1.48M), and India ($1.44M).

Growth In October 2024, the increase in Leather Apparel's year-by-year exports was explained primarily by an increase in exports to Belgium ($229k or 818%), Mexico ($17k or 567%), and France ($8k or 50%). In October 2024, the increase in Leather Apparel's year-by-year imports was explained primarily by an increase in imports from Indonesia ($1.2M or 64%), Thailand ($408k or 96%), and Italy ($238k or 3.61%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$1.03M(71.2%)
IMPORT GROWTH (October 2023 - October 2024)$1.29M(5.88%)
MAIN DESTINATION (October 2024)Canada$993k

This section shows Leather Apparel'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 Leather Apparel over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$33.8M
IMPORTS (2022)$234M
NET TRADE (2022)-$200M

In 2022, South Korea exported $33.8M in Leather Apparel. The main destinations of South Korea exports on Leather Apparel were United States ($18.1M), Canada ($4.06M), Hong Kong ($2.23M), Japan ($2.2M), and China ($2.09M).

In 2022, South Korea imported $234M in Leather Apparel, mainly from Italy ($78.6M), China ($56.6M), Indonesia ($26.6M), France ($15.3M), and Vietnam ($11.3M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Leather Apparel EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
United States$6.64M (58.2%)
Canada$1.61M (65.6%)
Nigeria$392k (10.3k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Leather Apparel BY South Korea WERE (2021 - 2022):
Hong Kong-$1.16M (-34.2%)
Japan-$713k (-24.5%)
Netherlands-$467k (-63.3%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Leather Apparel were:
Italy $1.33B
China $1.3B
India $849M
In 2022, South Korea's main importing competitors in Leather Apparel were:
United States $1.65B
Germany $656M
France $484M

Explore Visualizations

Trade Value of Leather Apparel by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $2.33M
TOP IMPORT POTENTIALChina+ $14.8M

Leather Apparel’s highest export potential is China. With an export gap of $2.33M.   Leather Apparel’s highest import potential is China with an import gap of $14.8M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms