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2023
Exports $47.3MWorld Rnk 18 / 132
Flag Rnk 456 / 1188
2023
Destination $7.14M United States
2022 - 2023
FASTEST GROWING MARKET $7.14MChina
2023
PRODUCT COMPLEXITY IN Non-Retail Pure Cotton Yarn-1.71Rnk 973 / 1025
2023
Imports $126MWorld Rnk 15 / 192
Flag Rnk 428 / 1208
2023
Origin $69.7k India
2022 - 2023
FASTEST GROWING ORIGIN $69.7kBulgaria
2023
ECONOMIC COMPLEXITY of South Korea1.85Rnk 4 / 132

About

Exports In 2023, South Korea exported $47.3M in Non-Retail Pure Cotton Yarn, making it the 18th largest exporter of Non-Retail Pure Cotton Yarn in the world. At the same year, Non-Retail Pure Cotton Yarn was the 456th most exported product in South Korea. The main destination of Non-Retail Pure Cotton Yarn exports from South Korea are: United States ($19.5M), China ($11.8M), Sri Lanka ($4.84M), Indonesia ($3.21M), and Guatemala ($3.1M).

The fastest growing export markets for Non-Retail Pure Cotton Yarn of South Korea between 2022 and 2023 were China ($7.14M), Sri Lanka ($2.36M), and Hong Kong ($1.93M).

Imports In 2023, South Korea imported $126M in Non-Retail Pure Cotton Yarn, becoming the 15th largest importer of Non-Retail Pure Cotton Yarn in the world. At the same year, Non-Retail Pure Cotton Yarn was the 428th most imported product in South Korea. South Korea imports Non-Retail Pure Cotton Yarn primarily from: India ($81.3M), China ($16M), Pakistan ($13.8M), Indonesia ($11.5M), and Italy ($945k).

The fastest growing import markets in Non-Retail Pure Cotton Yarn for South Korea between 2022 and 2023 were Bulgaria ($69.7k), Guatemala ($52.9k), and Romania ($49k).

COMPANIES In 2024, leading companies such as LG Electronics (6), Mahle Behr (5), and BOEING (1) were at the forefront of shipping Non-Retail Pure Cotton Yarn from South Korea to the United States.

Latest Trends

January 2025

About

Overview In January 2025 South Korea's Non-Retail Pure Cotton Yarn exports accounted up to $2.02M and imports accounted up to $18.5M, resulting in a negative trade balance of $16.5M. Between January 2024 and January 2025 the exports of South Korea's   Non-Retail Pure Cotton Yarn have decreased by $-447k (-18.1%) from $2.47M to $2.02M, while imports decreased by $-6.09M (-24.8%) from $24.6M to $18.5M.

Destinations In January 2025, Non-Retail Pure Cotton Yarn were exported mostly to United States ($1.14M), Guatemala ($281k), China ($278k), Indonesia ($168k), and Canada ($64k), and were imported mostly from Vietnam ($11.3M), India ($5.18M), Pakistan ($835k), China ($741k), and Indonesia ($212k).

Growth In January 2025, the decrease in Non-Retail Pure Cotton Yarn's year-by-year exports was explained primarily by a decrease in exports to China ($-924k or -71.1%), United States ($-122k or -8.16%), and Guatemala ($-87k or -17.7%). In January 2025, the decrease in Non-Retail Pure Cotton Yarn's year-by-year imports was explained primarily by a decrease in imports from Indonesia ($-1.17M or -92.7%), India ($-584k or -7.44%), and China ($-276k or -19.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2024 - January 2025)$-447k(-18.1%)
IMPORT GROWTH (January 2024 - January 2025)$-6.09M(-24.8%)
MAIN DESTINATION (January 2025)United States$1.14M

This section shows Non-Retail Pure 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 Pure Cotton Yarn over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$47.3M
IMPORTS (2023)$126M
NET TRADE (2023)-$78.3M

In 2023, South Korea exported $47.3M in Non-Retail Pure Cotton Yarn. The main destinations of South Korea exports on Non-Retail Pure Cotton Yarn were United States ($19.5M), China ($11.8M), Sri Lanka ($4.84M), Indonesia ($3.21M), and Guatemala ($3.1M).

In 2023, South Korea imported $126M in Non-Retail Pure Cotton Yarn, mainly from India ($81.3M), China ($16M), Pakistan ($13.8M), Indonesia ($11.5M), and Italy ($945k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Non-Retail Pure Cotton Yarn EXPORT MARKETS FOR South Korea WERE (2022 - 2023):
China$7.14M (155%)
Sri Lanka$2.36M (95.2%)
Hong Kong$1.93M (11.4k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Retail Pure Cotton Yarn BY South Korea WERE (2022 - 2023):
United States-$18.4M (-48.6%)
Mauritius-$5.21M (-98.7%)
Guatemala-$4.45M (-59%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, South Korea's main exporting competitors in Non-Retail Pure Cotton Yarn were:
India $3.52B
Vietnam $2.04B
Uzbekistan $1.38B
In 2023, South Korea's main importing competitors in Non-Retail Pure Cotton Yarn were:
China $4.15B
Bangladesh $1.45B
Turkey $679M

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Trade Value of Non-Retail Pure Cotton Yarn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $6.99M
TOP IMPORT POTENTIALIndia+ $22.9M

Non-Retail Pure Cotton Yarn’s highest export potential is China. With an export gap of $6.99M.   Non-Retail Pure Cotton Yarn’s highest import potential is India with an import gap of $22.9M.

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