2023
Exports
$3.46MWorld Rnk 47 / 188
Flag Rnk 829 / 1188
2023
PRODUCT COMPLEXITY IN Other Animals
-1.32Rnk 904 / 1025
2023
Imports
$18.5MWorld Rnk 17 / 198
Flag Rnk 803 / 1208
2023
ECONOMIC COMPLEXITY of South Korea
1.85Rnk 4 / 132

About

Exports In 2023, South Korea exported $3.46M in Other Animals, making it the 47th largest exporter of Other Animals in the world. At the same year, Other Animals was the 829th most exported product in South Korea. The main destination of Other Animals exports from South Korea are: United States ($1.6M), Japan ($1.06M), United Arab Emirates ($161k), Thailand ($117k), and Singapore ($116k).

The fastest growing export markets for Other Animals of South Korea between 2022 and 2023 were Japan ($375k), United Arab Emirates ($55k), and Singapore ($48.3k).

Imports In 2023, South Korea imported $18.5M in Other Animals, becoming the 17th largest importer of Other Animals in the world. At the same year, Other Animals was the 803rd most imported product in South Korea. South Korea imports Other Animals primarily from: China ($5.58M), United States ($4.05M), Japan ($3.61M), Netherlands ($957k), and Belgium ($898k).

The fastest growing import markets in Other Animals for South Korea between 2022 and 2023 were Belgium ($371k), Spain ($253k), and Mauritius ($104k).

COMPANIES In 2024, leading companies such as MerchSource (1) and Bass Pro Shops (1) were at the forefront of shipping Other Animals from South Korea to the United States.

Latest Trends

January 2025

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2024 - January 2025)$-332k(-47.7%)
IMPORT GROWTH (January 2024 - January 2025)$2.55M(143%)
MAIN DESTINATION (January 2025)United States$176k

This section shows Other Animals'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 Other Animals over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$3.46M
IMPORTS (2023)$18.5M
NET TRADE (2023)-$15M

In 2023, South Korea exported $3.46M in Other Animals. The main destinations of South Korea exports on Other Animals were United States ($1.6M), Japan ($1.06M), United Arab Emirates ($161k), Thailand ($117k), and Singapore ($116k).

In 2023, South Korea imported $18.5M in Other Animals, mainly from China ($5.58M), United States ($4.05M), Japan ($3.61M), Netherlands ($957k), and Belgium ($898k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Animals EXPORT MARKETS FOR South Korea WERE (2022 - 2023):
Japan$375k (54.8%)
Singapore$48.3k (71.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Animals BY South Korea WERE (2022 - 2023):
United States-$305k (-16%)
Philippines-$237k (-100%)
Canada-$161k (-67.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, South Korea's main exporting competitors in Other Animals were:
In 2023, South Korea's main importing competitors in Other Animals were:

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Trade Value of Other Animals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $360k
TOP IMPORT POTENTIALVietnam+ $596k

Other Animals’s highest export potential is United States. With an export gap of $360k.   Other Animals’s highest import potential is Vietnam with an import gap of $596k.

See methodology.

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