2023
Exports
$6.37MWorld Rnk 21 / 100
Flag Rnk 758 / 1188
2023
PRODUCT COMPLEXITY IN Non-Retail Mixed Cotton Yarn
-0.59Rnk 731 / 1025
2023
Imports
$15.3MWorld Rnk 23 / 163
Flag Rnk 832 / 1208
2023
ECONOMIC COMPLEXITY of South Korea
1.85Rnk 4 / 132

About

Exports In 2023, South Korea exported $6.37M in Non-Retail Mixed Cotton Yarn, making it the 21st largest exporter of Non-Retail Mixed Cotton Yarn in the world. At the same year, Non-Retail Mixed Cotton Yarn was the 758th most exported product in South Korea. The main destination of Non-Retail Mixed Cotton Yarn exports from South Korea are: Dominican Republic ($2.88M), Guatemala ($1.31M), Indonesia ($1.07M), United States ($407k), and China ($335k).

The fastest growing export markets for Non-Retail Mixed Cotton Yarn of South Korea between 2022 and 2023 were Kyrgyzstan ($177k), Malaysia ($54.6k), and Cote d'Ivoire ($17.8k).

Imports In 2023, South Korea imported $15.3M in Non-Retail Mixed Cotton Yarn, becoming the 23rd largest importer of Non-Retail Mixed Cotton Yarn in the world. At the same year, Non-Retail Mixed Cotton Yarn was the 832nd most imported product in South Korea. South Korea imports Non-Retail Mixed Cotton Yarn primarily from: Indonesia ($9.31M), China ($3.15M), Italy ($1.19M), India ($903k), and Thailand ($481k).

The fastest growing import markets in Non-Retail Mixed Cotton Yarn for South Korea between 2022 and 2023 were Guatemala ($73.7k), Portugal ($566), and France ($216).

Latest Trends

January 2025

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2024 - January 2025)$88k(43.6%)
IMPORT GROWTH (January 2024 - January 2025)$-1.13M(-13%)
MAIN DESTINATION (January 2025)Vietnam$116k

This section shows Non-Retail Mixed Cotton Yarn'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-Retail Mixed Cotton Yarn over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$6.37M
IMPORTS (2023)$15.3M
NET TRADE (2023)-$8.9M

In 2023, South Korea exported $6.37M in Non-Retail Mixed Cotton Yarn. The main destinations of South Korea exports on Non-Retail Mixed Cotton Yarn were Dominican Republic ($2.88M), Guatemala ($1.31M), Indonesia ($1.07M), United States ($407k), and China ($335k).

In 2023, South Korea imported $15.3M in Non-Retail Mixed Cotton Yarn, mainly from Indonesia ($9.31M), China ($3.15M), Italy ($1.19M), India ($903k), and Thailand ($481k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Non-Retail Mixed Cotton Yarn EXPORT MARKETS FOR South Korea WERE (2022 - 2023):
Kyrgyzstan$177k (365%)
Malaysia$54.6k (1%)
Cote d'Ivoire$17.8k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Retail Mixed Cotton Yarn BY South Korea WERE (2022 - 2023):
Dominican Republic-$7.9M (-73.3%)
Guatemala-$5.77M (-81.5%)
Vietnam-$986k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, South Korea's main exporting competitors in Non-Retail Mixed Cotton Yarn were:
In 2023, South Korea's main importing competitors in Non-Retail Mixed Cotton Yarn were:

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Trade Value of Non-Retail Mixed Cotton Yarn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $963k
TOP IMPORT POTENTIALChina+ $4.93M

Non-Retail Mixed Cotton Yarn’s highest export potential is China. With an export gap of $963k.   Non-Retail Mixed Cotton Yarn’s highest import potential is China with an import gap of $4.93M.

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