Pig Meat in South Korea | The Observatory of Economic Complexity

About

Exports In 2022, South Korea exported $2.63M in Pig Meat, making it the 50th largest exporter of Pig Meat in the world. At the same year, Pig Meat was the 899th most exported product in South Korea. The main destination of Pig Meat exports from South Korea are: Hong Kong ($2.13M), Macau ($202k), Austria ($96k), United Arab Emirates ($90.4k), and Angola ($53.3k).

The fastest growing export markets for Pig Meat of South Korea between 2021 and 2022 were Angola ($53.3k), Canada ($27k), and Malaysia ($18.9k).

Imports In 2022, South Korea imported $1.89B in Pig Meat, becoming the 5th largest importer of Pig Meat in the world. At the same year, Pig Meat was the 52nd most imported product in South Korea. South Korea imports Pig Meat primarily from: United States ($540M), Spain ($455M), Netherlands ($199M), Canada ($161M), and Chile ($158M).

The fastest growing import markets in Pig Meat for South Korea between 2021 and 2022 were United States ($54M), Canada ($34.2M), and Netherlands ($31.3M).

Latest Trends

July 2024

About

Overview In July 2024 South Korea's Pig Meat exports accounted up to $113k and imports accounted up to $202M, resulting in a negative trade balance of $202M. Between July 2023 and July 2024 the exports of South Korea's Pig Meat have increased by $30k (36.1%) from $83k to $113k, while imports increased by $50M (32.8%) from $152M to $202M.

Destinations In July 2024, Pig Meat were exported mostly to Hong Kong ($78k), United Arab Emirates ($35k), Austria ($0), Belgium ($0), and Germany ($0), and were imported mostly from United States ($59.4M), Spain ($36.5M), Canada ($24M), Germany ($18.9M), and Netherlands ($15.7M).

Growth In July 2024, the increase in Pig Meat's year-by-year exports was explained primarily by an increase in exports to Hong Kong ($14k or 24.6%). In July 2024, the increase in Pig Meat's year-by-year imports was explained primarily by an increase in imports from Canada ($2.55M or 17.4%), Chile ($534k or 4%), and Finland ($463k or 24.9%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (July 2023 - July 2024)$30k(36.1%)

IMPORT GROWTH (July 2023 - July 2024)$50M(32.8%)

MAIN DESTINATION (July 2024)Hong Kong$78k

This section shows Pig Meat'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 Pig Meat 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

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$2.63M

IMPORTS (2022)$1.89B

NET TRADE (2022)-$1.88B

In 2022, South Korea exported $2.63M in Pig Meat. The main destinations of South Korea exports on Pig Meat were Hong Kong ($2.13M), Macau ($202k), Austria ($96k), United Arab Emirates ($90.4k), and Angola ($53.3k).

In 2022, South Korea imported $1.89B in Pig Meat, mainly from United States ($540M), Spain ($455M), Netherlands ($199M), Canada ($161M), and Chile ($158M).

Explore Visualizations