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2022
Exports $1.91MWorld Rnk 26 / 152
Flag Rnk 925 / 1204
2022
Destination $200k Japan
2021 - 2022
FASTEST GROWING MARKET $200kQatar
2022
Imports $16.8MWorld Rnk 9 / 208
Flag Rnk 859 / 1213
2022
Origin $719k China
2021 - 2022
FASTEST GROWING ORIGIN $719kBangladesh
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $1.91M in Mannequins, making it the 26th largest exporter of Mannequins in the world. At the same year, Mannequins was the 925th most exported product in South Korea. The main destination of Mannequins exports from South Korea are: Japan ($826k), United States ($226k), Qatar ($200k), Vietnam ($120k), and Canada ($93.6k).

The fastest growing export markets for Mannequins of South Korea between 2021 and 2022 were Qatar ($200k), Canada ($56.1k), and Vietnam ($44.5k).

Imports In 2018, South Korea imported $16.8M in Mannequins, becoming the 9th largest importer of Mannequins in the world. At the same year, Mannequins was the 859th most imported product in South Korea. South Korea imports Mannequins primarily from: China ($8.48M), United States ($2.88M), Indonesia ($1.96M), Italy ($743k), and Spain ($737k).

The fastest growing import markets in Mannequins for South Korea between 2021 and 2022 were Bangladesh ($719k), United States ($650k), and Spain ($481k).

Latest Trends

July 2024

About

Overview In July 2024 South Korea's Mannequins exports accounted up to $343k and imports accounted up to $1.6M, resulting in a negative trade balance of $1.26M. Between July 2023 and July 2024 the exports of South Korea's   Mannequins have increased by $205k (149%) from $138k to $343k, while imports increased by $297k (22.7%) from $1.31M to $1.6M.

Destinations In July 2024, Mannequins were exported mostly to China ($194k), Japan ($90k), Philippines ($10k), Indonesia ($9k), and Singapore ($7k), and were imported mostly from China ($1.09M), Indonesia ($135k), Italy ($104k), Lithuania ($87k), and Japan ($75k).

Growth In July 2024, the increase in Mannequins's year-by-year exports was explained primarily by an increase in exports to United States ($91k or 325%), Canada ($45k or 1.5k%), and Japan ($2k or 5.13%). In July 2024, the increase in Mannequins's year-by-year imports was explained primarily by an increase in imports from China ($463k or 87.5%), Italy ($38k or 71.7%), and Hong Kong ($21k or 150%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$205k(149%)
IMPORT GROWTH (July 2023 - July 2024)$297k(22.7%)
MAIN DESTINATION (July 2024)China$194k

This section shows Mannequins'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 Mannequins over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.91M
IMPORTS (2022)$16.8M
NET TRADE (2022)-$14.9M

In 2022, South Korea exported $1.91M in Mannequins. The main destinations of South Korea exports on Mannequins were Japan ($826k), United States ($226k), Qatar ($200k), Vietnam ($120k), and Canada ($93.6k).

In 2022, South Korea imported $16.8M in Mannequins, mainly from China ($8.48M), United States ($2.88M), Indonesia ($1.96M), Italy ($743k), and Spain ($737k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Mannequins EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Qatar$200k (1%)
Canada$56.1k (149%)
Vietnam$44.5k (58.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Mannequins BY South Korea WERE (2021 - 2022):
United Arab Emirates-$685k (-100%)
India-$103k (-99.8%)
Japan-$103k (-11.1%)
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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 Mannequins were:
China $391M
Italy $30.6M
Spain $20.9M
In 2022, South Korea's main importing competitors in Mannequins were:
United States $105M
Japan $35.8M
Malaysia $32.6M

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Trade Value of Mannequins by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $152k
TOP IMPORT POTENTIALChina+ $1.8M

Mannequins’s highest export potential is United States. With an export gap of $152k.   Mannequins’s highest import potential is China with an import gap of $1.8M.

See methodology.

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