Sign In
Pricing

2022
Exports $312MWorld Rnk 12 / 220
Flag Rnk 212 / 1204
2022
Destination $26.4M United States
2021 - 2022
FASTEST GROWING MARKET $26.4MHong Kong
2022
PRODUCT COMPLEXITY IN Other Cloth Articles-1.53Rnk 950 / 1025
2022
Imports $382MWorld Rnk 13 / 226
Flag Rnk 227 / 1213
2022
Origin $6.27M China
2021 - 2022
FASTEST GROWING ORIGIN $6.27MVietnam
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $312M in Other Cloth Articles, making it the 12th largest exporter of Other Cloth Articles in the world. At the same year, Other Cloth Articles was the 212th most exported product in South Korea. The main destination of Other Cloth Articles exports from South Korea are: United States ($63.5M), Hong Kong ($43M), Japan ($39M), Germany ($29.4M), and China ($16.7M).

The fastest growing export markets for Other Cloth Articles of South Korea between 2021 and 2022 were Hong Kong ($26.4M), Australia ($7.12M), and Ukraine ($2.88M).

Imports In 2022, South Korea imported $382M in Other Cloth Articles, becoming the 13th largest importer of Other Cloth Articles in the world. At the same year, Other Cloth Articles was the 227th most imported product in South Korea. South Korea imports Other Cloth Articles primarily from: China ($285M), Vietnam ($46.2M), United States ($7.48M), Japan ($7.24M), and Burma ($6.56M).

The fastest growing import markets in Other Cloth Articles for South Korea between 2021 and 2022 were Vietnam ($6.27M), Philippines ($1.66M), and Singapore ($1.41M).

COMPANIES In 2023, leading companies such as Samsung (6), LG Electronics (3), and Amazon (1) were at the forefront of shipping Other Cloth Articles from South Korea to the United States.

Latest Trends

July 2024

About

Overview In July 2024 South Korea's Other Cloth Articles exports accounted up to $16.4M and imports accounted up to $40.7M, resulting in a negative trade balance of $24.2M. Between July 2023 and July 2024 the exports of South Korea's   Other Cloth Articles have increased by $2.06M (14.3%) from $14.4M to $16.4M, while imports increased by $8.83M (27.7%) from $31.8M to $40.7M.

Destinations In July 2024, Other Cloth Articles were exported mostly to Japan ($3.63M), United States ($3M), China ($2.03M), Vietnam ($1.23M), and Indonesia ($632k), and were imported mostly from China ($27.7M), Vietnam ($4.29M), United States ($1.84M), Italy ($1.1M), and Lithuania ($839k).

Growth In July 2024, the increase in Other Cloth Articles's year-by-year exports was explained primarily by an increase in exports to China ($1.42M or 158%), Turkey ($269k or 269%), and United Kingdom ($188k or 107%). In July 2024, the increase in Other Cloth Articles's year-by-year imports was explained primarily by an increase in imports from United States ($1.17M or 211%), Singapore ($505k or 264%), and Vietnam ($485k or 12.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$2.06M(14.3%)
IMPORT GROWTH (July 2023 - July 2024)$8.83M(27.7%)
MAIN DESTINATION (July 2024)Japan$3.63M

This section shows Other Cloth Articles'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 Cloth Articles over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$312M
IMPORTS (2022)$382M
NET TRADE (2022)-$70.1M

In 2022, South Korea exported $312M in Other Cloth Articles. The main destinations of South Korea exports on Other Cloth Articles were United States ($63.5M), Hong Kong ($43M), Japan ($39M), Germany ($29.4M), and China ($16.7M).

In 2022, South Korea imported $382M in Other Cloth Articles, mainly from China ($285M), Vietnam ($46.2M), United States ($7.48M), Japan ($7.24M), and Burma ($6.56M).

Explore Visualizations

Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Other Cloth Articles EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Hong Kong$26.4M (158%)
Australia$7.12M (115%)
Ukraine$2.88M (2.23k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Cloth Articles BY South Korea WERE (2021 - 2022):
Japan-$30.3M (-43.7%)
United States-$27.6M (-30.3%)
Germany-$6.98M (-19.2%)
Explore Visualizations

Change in Exports by Market (undefined - undefined)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Other Cloth Articles were:
China $13.2B
Germany $1.21B
United States $944M
In 2022, South Korea's main importing competitors in Other Cloth Articles were:
United States $6.42B
Germany $1.99B
Japan $1.83B

Explore Visualizations

Trade Value of Other Cloth Articles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $19.8M
TOP IMPORT POTENTIALChina+ $57.2M

Other Cloth Articles’s highest export potential is United States. With an export gap of $19.8M.   Other Cloth Articles’s highest import potential is China with an import gap of $57.2M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms