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Exports In 2022, South Korea exported $1.6M in Mustard flour or meal and prepared mustard, making it the 30th largest exporter of Mustard flour or meal and prepared mustard in the world. At the same year, Mustard flour or meal and prepared mustard was the 2758th most exported product in South Korea. The main destination of Mustard flour or meal and prepared mustard exports from South Korea are: Japan ($637k), China ($333k), United States ($165k), Chinese Taipei ($135k), and Vietnam ($76k).

The fastest growing export markets for Mustard flour or meal and prepared mustard of South Korea between 2021 and 2022 were China ($176k), Japan ($50.2k), and Thailand ($20.9k).

Imports In 2022, South Korea imported $12.5M in Mustard flour or meal and prepared mustard, becoming the 9th largest importer of Mustard flour or meal and prepared mustard in the world. At the same year, Mustard flour or meal and prepared mustard was the 2246th most imported product in South Korea. South Korea imports Mustard flour or meal and prepared mustard primarily from: United States ($6.37M), France ($2.47M), Canada ($2.41M), Japan ($546k), and China ($180k).

The fastest growing import markets in Mustard flour or meal and prepared mustard for South Korea between 2021 and 2022 were United States ($1.26M), Canada ($1.21M), and China ($127k).

COMPANIES In 2023, leading companies such as LG Electronics (46.9k), Samsung (20.7k), and Hankook Tires (4.38k) were at the forefront of shipping Mustard flour or meal and prepared mustard from South Korea to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Mustard flour or meal and prepared mustard. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.6M
IMPORTS (2022)$12.5M
NET TRADE (2022)-$10.9M

In 2022, South Korea exported $1.6M in Mustard flour or meal and prepared mustard. The main destinations of South Korea exports on Mustard flour or meal and prepared mustard were Japan ($637k), China ($333k), United States ($165k), Chinese Taipei ($135k), and Vietnam ($76k).

In 2022, South Korea imported $12.5M in Mustard flour or meal and prepared mustard, mainly from United States ($6.37M), France ($2.47M), Canada ($2.41M), Japan ($546k), and China ($180k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Mustard flour or meal and prepared mustard EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
China$176k (113%)
Japan$50.2k (8.55%)
Thailand$20.9k (603%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Mustard flour or meal and prepared mustard BY South Korea WERE (2021 - 2022):
Australia-$25.3k (-74.4%)
Hong Kong-$24.4k (-36.9%)
Canada-$14.8k (-33.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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In 2022, South Korea's main exporting competitors in Mustard flour or meal and prepared mustard were:
In 2022, South Korea's main importing competitors in Mustard flour or meal and prepared mustard were:

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Trade Value of Mustard flour or meal and prepared mustard by Exporters

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