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2022
Exports $63.4MWorld Rnk 12 / 157
Flag Rnk 445 / 1204
2022
Destination $2.14M Japan
2021 - 2022
FASTEST GROWING MARKET $2.14MVietnam
2022
PRODUCT COMPLEXITY IN Live Fish-0.55Rnk 711 / 1025
2022
Imports $384MWorld Rnk 3 / 181
Flag Rnk 226 / 1213
2022
Origin $79.6M China
2021 - 2022
FASTEST GROWING ORIGIN $79.6MHong Kong
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $63.4M in Live Fish, making it the 12th largest exporter of Live Fish in the world. At the same year, Live Fish was the 445th most exported product in South Korea. The main destination of Live Fish exports from South Korea are: Japan ($37.1M), United States ($19M), Vietnam ($4.84M), Singapore ($640k), and United Arab Emirates ($431k).

The fastest growing export markets for Live Fish of South Korea between 2021 and 2022 were Vietnam ($2.14M), Japan ($1.72M), and Chinese Taipei ($232k).

Imports In 2022, South Korea imported $384M in Live Fish, becoming the 3rd largest importer of Live Fish in the world. At the same year, Live Fish was the 226th most imported product in South Korea. South Korea imports Live Fish primarily from: China ($153M), Hong Kong ($112M), Japan ($80.2M), Chinese Taipei ($14.2M), and United States ($13.5M).

The fastest growing import markets in Live Fish for South Korea between 2021 and 2022 were Hong Kong ($79.6M), China ($14.7M), and United States ($6.11M).

Latest Trends

July 2024

About

Overview In July 2024 South Korea's Live Fish exports accounted up to $4.98M and imports accounted up to $21.1M, resulting in a negative trade balance of $16.1M. Between July 2023 and July 2024 the exports of South Korea's   Live Fish have increased by $91k (1.86%) from $4.89M to $4.98M, while imports increased by $84k (0.4%) from $21M to $21.1M.

Destinations In July 2024, Live Fish were exported mostly to Japan ($2.89M), United States ($1.46M), Vietnam ($475k), Singapore ($34k), and Canada ($28k), and were imported mostly from China ($13.6M), Japan ($4.91M), Chinese Taipei ($1.02M), United States ($553k), and Philippines ($326k).

Growth In July 2024, the increase in Live Fish's year-by-year exports was explained primarily by an increase in exports to United States ($277k or 19.1%), Vietnam ($112k or 42.6%), and United Arab Emirates ($43k or 226%). In July 2024, the increase in Live Fish's year-by-year imports was explained primarily by an increase in imports from Vietnam ($44k or 550%) and Sri Lanka ($9k or 18.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$91k(1.86%)
IMPORT GROWTH (July 2023 - July 2024)$84k(0.4%)
MAIN DESTINATION (July 2024)Japan$2.89M

This section shows Live Fish'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 Live Fish over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$63.4M
IMPORTS (2022)$384M
NET TRADE (2022)-$320M

In 2022, South Korea exported $63.4M in Live Fish. The main destinations of South Korea exports on Live Fish were Japan ($37.1M), United States ($19M), Vietnam ($4.84M), Singapore ($640k), and United Arab Emirates ($431k).

In 2022, South Korea imported $384M in Live Fish, mainly from China ($153M), Hong Kong ($112M), Japan ($80.2M), Chinese Taipei ($14.2M), and United States ($13.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Live Fish EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Vietnam$2.14M (79%)
Japan$1.72M (4.86%)
Chinese Taipei$232k (151%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Live Fish BY South Korea WERE (2021 - 2022):
United States-$502k (-2.57%)
Canada-$288k (-42.9%)
Hong Kong-$50.9k (-34.2%)
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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 Live Fish were:
China $787M
Hong Kong $397M
Japan $128M
In 2022, South Korea's main importing competitors in Live Fish were:
Hong Kong $489M
Japan $439M

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Trade Value of Live Fish by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $291k
TOP IMPORT POTENTIALPhilippines+ $2.17M

Live Fish’s highest export potential is Canada. With an export gap of $291k.   Live Fish’s highest import potential is Philippines with an import gap of $2.17M.

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