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Exports In 2023, South Korea exported $40.4k in Other Vegetable Fibers Yarn, making it the 50th largest exporter of Other Vegetable Fibers Yarn in the world. At the same year, Other Vegetable Fibers Yarn was the 1113th most exported product in South Korea. The main destination of Other Vegetable Fibers Yarn exports from South Korea are: Kuwait ($15k), China ($7.5k), United States ($7.44k), Indonesia ($5.37k), and Chinese Taipei ($2.05k).

The fastest growing export markets for Other Vegetable Fibers Yarn of South Korea between 2022 and 2023 were Kuwait ($15k), United States ($7.12k), and China ($6.7k).

Imports In 2023, South Korea imported $5.11M in Other Vegetable Fibers Yarn, becoming the 6th largest importer of Other Vegetable Fibers Yarn in the world. At the same year, Other Vegetable Fibers Yarn was the 985th most imported product in South Korea. South Korea imports Other Vegetable Fibers Yarn primarily from: China ($4.66M), Chinese Taipei ($238k), Hong Kong ($110k), Japan ($66.9k), and Turkey ($11.8k).

The fastest growing import markets in Other Vegetable Fibers Yarn for South Korea between 2022 and 2023 were Hong Kong ($76.1k), Turkey ($11.7k), and France ($5.86k).

COMPANIES In 2024, leading companies such as Hyosung (9) and Continental Tire (1) were at the forefront of shipping Other Vegetable Fibers Yarn from South Korea to the United States.

Latest Trends

January 2025

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2024 - January 2025)$-27k(-100%)
IMPORT GROWTH (January 2024 - January 2025)$-173k(-44.2%)
MAIN DESTINATION (January 2025)China$0

This section shows Other Vegetable Fibers Yarn'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 Vegetable Fibers Yarn over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$40.4k
IMPORTS (2023)$5.11M
NET TRADE (2023)-$5.07M

In 2023, South Korea exported $40.4k in Other Vegetable Fibers Yarn. The main destinations of South Korea exports on Other Vegetable Fibers Yarn were Kuwait ($15k), China ($7.5k), United States ($7.44k), Indonesia ($5.37k), and Chinese Taipei ($2.05k).

In 2023, South Korea imported $5.11M in Other Vegetable Fibers Yarn, mainly from China ($4.66M), Chinese Taipei ($238k), Hong Kong ($110k), Japan ($66.9k), and Turkey ($11.8k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Vegetable Fibers Yarn EXPORT MARKETS FOR South Korea WERE (2022 - 2023):
Kuwait$15k (1%)
United States$7.12k (2.2k%)
China$6.7k (836%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Vegetable Fibers Yarn BY South Korea WERE (2022 - 2023):
Vietnam-$10.1k (-100%)
France-$4.79k (-100%)
United Kingdom-$3.92k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, South Korea's main exporting competitors in Other Vegetable Fibers Yarn were:
China $29.8M
Italy $11.4M
Brazil $8.15M
In 2023, South Korea's main importing competitors in Other Vegetable Fibers Yarn were:

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Trade Value of Other Vegetable Fibers Yarn by Exporters

Potential Exports

Potential Exports

Flow
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N/A
N/AN/A
N/AN/A

Other Vegetable Fibers Yarn’s highest export potential is N/A. With an export gap of N/A.   Other Vegetable Fibers Yarn’s highest import potential is N/A with an import gap of N/A.

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