2022
Exports
$302kWorld Rnk 82 / 167
Flag Rnk 1067 / 1204
2022
PRODUCT COMPLEXITY IN Legume Flours
-1.66Rnk 969 / 1025
2022
Imports
$13.6MWorld Rnk 14 / 213
Flag Rnk 893 / 1213
2022
ECONOMIC COMPLEXITY of South Korea
1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $302k in Legume Flours, making it the 82nd largest exporter of Legume Flours in the world. At the same year, Legume Flours was the 1067th most exported product in South Korea. The main destination of Legume Flours exports from South Korea are: United States ($101k), Japan ($73.6k), Hong Kong ($29.1k), China ($12.9k), and Vietnam ($11.2k).

The fastest growing export markets for Legume Flours of South Korea between 2021 and 2022 were Hong Kong ($28.4k), United States ($8.44k), and Germany ($5.3k).

Imports In 2022, South Korea imported $13.6M in Legume Flours, becoming the 14th largest importer of Legume Flours in the world. At the same year, Legume Flours was the 893rd most imported product in South Korea. South Korea imports Legume Flours primarily from: Vietnam ($3.48M), United States ($3.18M), Philippines ($1.86M), China ($1.37M), and Peru ($1.29M).

The fastest growing import markets in Legume Flours for South Korea between 2021 and 2022 were Vietnam ($1.6M), Peru ($653k), and United States ($610k).

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-29k(-96.7%)
IMPORT GROWTH (July 2023 - July 2024)$325k(52.8%)
MAIN DESTINATION (July 2024)United States$1k

This section shows Legume Flours'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 Legume Flours over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$302k
IMPORTS (2022)$13.6M
NET TRADE (2022)-$13.3M

In 2022, South Korea exported $302k in Legume Flours. The main destinations of South Korea exports on Legume Flours were United States ($101k), Japan ($73.6k), Hong Kong ($29.1k), China ($12.9k), and Vietnam ($11.2k).

In 2022, South Korea imported $13.6M in Legume Flours, mainly from Vietnam ($3.48M), United States ($3.18M), Philippines ($1.86M), China ($1.37M), and Peru ($1.29M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Legume Flours EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Hong Kong$28.4k (4.48k%)
United States$8.44k (9.13%)
Germany$5.3k (186%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Legume Flours BY South Korea WERE (2021 - 2022):
Japan-$65.2k (-47%)
Sweden-$53.6k (-100%)
Vietnam-$17.6k (-61.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Legume Flours were:
In 2022, South Korea's main importing competitors in Legume Flours were:

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Trade Value of Legume Flours by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $58.1k
TOP IMPORT POTENTIALChina+ $579k

Legume Flours’s highest export potential is United States. With an export gap of $58.1k.   Legume Flours’s highest import potential is China with an import gap of $579k.

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