2022
Exports
$420kWorld Rnk 29 / 95
Flag Rnk 1047 / 1204
2022
PRODUCT COMPLEXITY IN Other Edible Animal Products
-0.2Rnk 616 / 1025
2022
Imports
$8.64MWorld Rnk 11 / 165
Flag Rnk 960 / 1213
2022
ECONOMIC COMPLEXITY of South Korea
1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $420k in Other Edible Animal Products, making it the 29th largest exporter of Other Edible Animal Products in the world. At the same year, Other Edible Animal Products was the 1047th most exported product in South Korea. The main destination of Other Edible Animal Products exports from South Korea are: Japan ($207k), Hong Kong ($162k), New Zealand ($44.8k), Australia ($5.28k), and China ($146).

The fastest growing export markets for Other Edible Animal Products of South Korea between 2021 and 2022 were New Zealand ($24.1k), Australia ($3.9k), and Indonesia ($78).

Imports In 2022, South Korea imported $8.64M in Other Edible Animal Products, becoming the 11th largest importer of Other Edible Animal Products in the world. At the same year, Other Edible Animal Products was the 960th most imported product in South Korea. South Korea imports Other Edible Animal Products primarily from: China ($6.71M), Australia ($630k), Canada ($479k), Bulgaria ($215k), and United States ($190k).

The fastest growing import markets in Other Edible Animal Products for South Korea between 2021 and 2022 were Canada ($161k), Thailand ($44.3k), and Hong Kong ($43.1k).

Latest Trends

October 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$-28k(-100%)
IMPORT GROWTH (October 2023 - October 2024)$129k(45.3%)
MAIN DESTINATION (October 2024)China$0

This section shows Other Edible Animal Products'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 Edible Animal Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$420k
IMPORTS (2022)$8.64M
NET TRADE (2022)-$8.22M

In 2022, South Korea exported $420k in Other Edible Animal Products. The main destinations of South Korea exports on Other Edible Animal Products were Japan ($207k), Hong Kong ($162k), New Zealand ($44.8k), Australia ($5.28k), and China ($146).

In 2022, South Korea imported $8.64M in Other Edible Animal Products, mainly from China ($6.71M), Australia ($630k), Canada ($479k), Bulgaria ($215k), and United States ($190k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Edible Animal Products EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
New Zealand$24.1k (116%)
Australia$3.9k (283%)
Indonesia$78 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Edible Animal Products BY South Korea WERE (2021 - 2022):
Hong Kong-$406k (-71.5%)
Japan-$135k (-39.3%)
Bulgaria-$29.3k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Other Edible Animal Products were:
In 2022, South Korea's main importing competitors in Other Edible Animal Products were:

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Trade Value of Other Edible Animal Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALAustralia+ $7.6k
TOP IMPORT POTENTIALIndonesia+ $168k

Other Edible Animal Products’s highest export potential is Australia. With an export gap of $7.6k.   Other Edible Animal Products’s highest import potential is Indonesia with an import gap of $168k.

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