2023
Exports
$36.6MWorld Rnk 32 / 179
Flag Rnk 499 / 1188
2023
PRODUCT COMPLEXITY IN Other Nuts
-1.6Rnk 961 / 1025
2023
Imports
$270MWorld Rnk 16 / 220
Flag Rnk 253 / 1208
2023
ECONOMIC COMPLEXITY of South Korea
1.85Rnk 4 / 132

About

Exports In 2023, South Korea exported $36.6M in Other Nuts, making it the 32nd largest exporter of Other Nuts in the world. At the same year, Other Nuts was the 499th most exported product in South Korea. The main destination of Other Nuts exports from South Korea are: Japan ($23.6M), China ($9.97M), United States ($2.51M), Hong Kong ($347k), and Singapore ($65.9k).

The fastest growing export markets for Other Nuts of South Korea between 2022 and 2023 were Japan ($3.27M), United States ($905k), and China ($504k).

Imports In 2023, South Korea imported $270M in Other Nuts, becoming the 16th largest importer of Other Nuts in the world. At the same year, Other Nuts was the 253rd most imported product in South Korea. South Korea imports Other Nuts primarily from: United States ($243M), Australia ($14.7M), China ($9.2M), Chile ($1.56M), and South Africa ($1.04M).

The fastest growing import markets in Other Nuts for South Korea between 2022 and 2023 were China ($4.04M), Australia ($2.09M), and South Africa ($959k).

COMPANIES In 2024, leading companies such as Dow Chemical (1) were at the forefront of shipping Other Nuts from South Korea to the United States.

Latest Trends

January 2025

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2024 - January 2025)$125k(154%)
IMPORT GROWTH (January 2024 - January 2025)$5.31M(18.4%)
MAIN DESTINATION (January 2025)United States$100k

This section shows Other Nuts'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 Nuts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$36.6M
IMPORTS (2023)$270M
NET TRADE (2023)-$233M

In 2023, South Korea exported $36.6M in Other Nuts. The main destinations of South Korea exports on Other Nuts were Japan ($23.6M), China ($9.97M), United States ($2.51M), Hong Kong ($347k), and Singapore ($65.9k).

In 2023, South Korea imported $270M in Other Nuts, mainly from United States ($243M), Australia ($14.7M), China ($9.2M), Chile ($1.56M), and South Africa ($1.04M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Nuts EXPORT MARKETS FOR South Korea WERE (2022 - 2023):
Japan$3.27M (16.1%)
United States$905k (56.3%)
China$504k (5.32%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Nuts BY South Korea WERE (2022 - 2023):
Vietnam-$261k (-100%)
Russia-$152k (-100%)
Canada-$121k (-99.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, South Korea's main exporting competitors in Other Nuts were:
In 2023, South Korea's main importing competitors in Other Nuts were:
China $1.89B
Germany $1.81B
India $1.54B

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Trade Value of Other Nuts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $4.11M
TOP IMPORT POTENTIALChina+ $7.46M

Other Nuts’s highest export potential is China. With an export gap of $4.11M.   Other Nuts’s highest import potential is China with an import gap of $7.46M.

See methodology.

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