2022
Exports
$22.9MWorld Rnk 31 / 184
Flag Rnk 623 / 1204
2022
PRODUCT COMPLEXITY IN Other Inedible Animal Products
-0.69Rnk 756 / 1025
2022
Imports
$18.8MWorld Rnk 39 / 194
Flag Rnk 835 / 1213
2022
ECONOMIC COMPLEXITY of South Korea
1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $22.9M in Other Inedible Animal Products, making it the 31st largest exporter of Other Inedible Animal Products in the world. At the same year, Other Inedible Animal Products was the 623rd most exported product in South Korea. The main destination of Other Inedible Animal Products exports from South Korea are: Japan ($12.9M), United States ($1.73M), China ($1.51M), Chinese Taipei ($1.23M), and Thailand ($1.2M).

The fastest growing export markets for Other Inedible Animal Products of South Korea between 2021 and 2022 were Thailand ($582k), United States ($533k), and Singapore ($366k).

Imports In 2022, South Korea imported $18.8M in Other Inedible Animal Products, becoming the 39th largest importer of Other Inedible Animal Products in the world. At the same year, Other Inedible Animal Products was the 835th most imported product in South Korea. South Korea imports Other Inedible Animal Products primarily from: United States ($5.53M), China ($3.94M), Vietnam ($2.89M), Bangladesh ($1.85M), and Canada ($1.02M).

The fastest growing import markets in Other Inedible Animal Products for South Korea between 2021 and 2022 were Vietnam ($917k), Bangladesh ($843k), and Mexico ($569k).

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$8k(0.46%)
IMPORT GROWTH (July 2023 - July 2024)$546k(50%)
MAIN DESTINATION (July 2024)Japan$1.41M

This section shows Other Inedible 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 Inedible Animal Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$22.9M
IMPORTS (2022)$18.8M
NET TRADE (2022)$4.05M

In 2022, South Korea exported $22.9M in Other Inedible Animal Products. The main destinations of South Korea exports on Other Inedible Animal Products were Japan ($12.9M), United States ($1.73M), China ($1.51M), Chinese Taipei ($1.23M), and Thailand ($1.2M).

In 2022, South Korea imported $18.8M in Other Inedible Animal Products, mainly from United States ($5.53M), China ($3.94M), Vietnam ($2.89M), Bangladesh ($1.85M), and Canada ($1.02M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Inedible Animal Products EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Thailand$582k (94.3%)
United States$533k (44.4%)
Singapore$366k (731%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Inedible Animal Products BY South Korea WERE (2021 - 2022):
Hong Kong-$1.2M (-63.3%)
Japan-$1.17M (-8.33%)
France-$74.9k (-43.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Other Inedible Animal Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.43M
TOP IMPORT POTENTIALChina+ $1.44M

Other Inedible Animal Products’s highest export potential is United States. With an export gap of $1.43M.   Other Inedible Animal Products’s highest import potential is China with an import gap of $1.44M.

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