2022
Exports
$19.9MWorld Rnk 49 / 213
Flag Rnk 650 / 1204
2022
PRODUCT COMPLEXITY IN Non-Knit Men's Shirts
-1.22Rnk 883 / 1025
2022
Imports
$207MWorld Rnk 14 / 219
Flag Rnk 348 / 1213
2022
ECONOMIC COMPLEXITY of South Korea
1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $19.9M in Non-Knit Men's Shirts, making it the 49th largest exporter of Non-Knit Men's Shirts in the world. At the same year, Non-Knit Men's Shirts was the 650th most exported product in South Korea. The main destination of Non-Knit Men's Shirts exports from South Korea are: United States ($7.23M), China ($3.36M), Hong Kong ($1.81M), Canada ($1.09M), and Japan ($968k).

The fastest growing export markets for Non-Knit Men's Shirts of South Korea between 2021 and 2022 were United States ($2.29M), China ($885k), and Canada ($594k).

Imports In 2022, South Korea imported $207M in Non-Knit Men's Shirts, becoming the 14th largest importer of Non-Knit Men's Shirts in the world. At the same year, Non-Knit Men's Shirts was the 348th most imported product in South Korea. South Korea imports Non-Knit Men's Shirts primarily from: Vietnam ($69.9M), China ($41.6M), Burma ($23.6M), Italy ($11.9M), and Bangladesh ($11.6M).

The fastest growing import markets in Non-Knit Men's Shirts for South Korea between 2021 and 2022 were China ($11M), Vietnam ($9.01M), and Burma ($3.83M).

Latest Trends

October 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$-160k(-10.5%)
IMPORT GROWTH (October 2023 - October 2024)$1.1M(8.34%)
MAIN DESTINATION (October 2024)United States$441k

This section shows Non-Knit Men's Shirts'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 Non-Knit Men's Shirts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$19.9M
IMPORTS (2022)$207M
NET TRADE (2022)-$187M

In 2022, South Korea exported $19.9M in Non-Knit Men's Shirts. The main destinations of South Korea exports on Non-Knit Men's Shirts were United States ($7.23M), China ($3.36M), Hong Kong ($1.81M), Canada ($1.09M), and Japan ($968k).

In 2022, South Korea imported $207M in Non-Knit Men's Shirts, mainly from Vietnam ($69.9M), China ($41.6M), Burma ($23.6M), Italy ($11.9M), and Bangladesh ($11.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Non-Knit Men's Shirts EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
United States$2.29M (46.3%)
China$885k (35.8%)
Canada$594k (121%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Knit Men's Shirts BY South Korea WERE (2021 - 2022):
Japan-$462k (-32.3%)
Indonesia-$183k (-72.7%)
Egypt-$109k (-98.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Non-Knit Men's Shirts were:
In 2022, South Korea's main importing competitors in Non-Knit Men's Shirts were:

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Trade Value of Non-Knit Men's Shirts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.28M
TOP IMPORT POTENTIALChina+ $18.8M

Non-Knit Men's Shirts’s highest export potential is United States. With an export gap of $3.28M.   Non-Knit Men's Shirts’s highest import potential is China with an import gap of $18.8M.

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