Sign In
Pricing

2022
Exports $696kWorld Rnk 42 / 151
Flag Rnk 1010 / 1204
2022
Destination $93.3k United States
2021 - 2022
FASTEST GROWING MARKET $93.3kJordan
2022
PRODUCT COMPLEXITY IN Plaiting Products-1.95Rnk 997 / 1025
2022
Imports $7.35MWorld Rnk 18 / 211
Flag Rnk 976 / 1213
2022
Origin $446kN/A
2021 - 2022
FASTEST GROWING ORIGIN $446kChina
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $696k in Plaiting Products, making it the 42nd largest exporter of Plaiting Products in the world. At the same year, Plaiting Products was the 1010th most exported product in South Korea. The main destination of Plaiting Products exports from South Korea are: United States ($247k), Vietnam ($218k), Jordan ($146k), Dominican Republic ($24.7k), and Belgium ($15.7k).

The fastest growing export markets for Plaiting Products of South Korea between 2021 and 2022 were Jordan ($93.3k), Dominican Republic ($24.7k), and Russia ($13.6k).

Imports In 2022, South Korea imported $7.35M in Plaiting Products, becoming the 18th largest importer of Plaiting Products in the world. At the same year, Plaiting Products was the 976th most imported product in South Korea. South Korea imports Plaiting Products primarily from: N/A.

The fastest growing import markets in Plaiting Products for South Korea between 2021 and 2022 were China ($446k), France ($127k), and Sweden ($101k).

Latest Trends

July 2024

About

Overview In July 2024 South Korea's Plaiting Products exports accounted up to $22k and imports accounted up to $544k, resulting in a negative trade balance of $522k. Between July 2023 and July 2024 the exports of South Korea's   Plaiting Products have decreased by $-25k (-53.2%) from $47k to $22k, while imports increased by $20k (3.82%) from $524k to $544k.

Destinations In July 2024, Plaiting Products were exported mostly to United States ($22k), Bangladesh ($0), China ($0), Indonesia ($0), and India ($0), and were imported mostly from China ($381k), Vietnam ($84k), Sri Lanka ($21k), Philippines ($19k), and Indonesia ($16k).

Growth In July 2024, the decrease in Plaiting Products's year-by-year exports was explained primarily by a decrease in exports to United States ($-2k or -10.5%). In July 2024, the increase in Plaiting Products's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-25k(-53.2%)
IMPORT GROWTH (July 2023 - July 2024)$20k(3.82%)
MAIN DESTINATION (July 2024)United States$22k

This section shows Plaiting 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 Plaiting Products 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
EXPORTS (2022)$696k
IMPORTS (2022)$7.35M
NET TRADE (2022)-$6.65M

In 2022, South Korea exported $696k in Plaiting Products. The main destinations of South Korea exports on Plaiting Products were United States ($247k), Vietnam ($218k), Jordan ($146k), Dominican Republic ($24.7k), and Belgium ($15.7k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Plaiting Products EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Jordan$93.3k (176%)
Dominican Republic$24.7k (1%)
Russia$13.6k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Plaiting Products BY South Korea WERE (2021 - 2022):
Vietnam-$89.4k (-29.1%)
Japan-$29.4k (-83.5%)
Singapore-$9.79k (-92.5%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Plaiting Products were:
China $364M
India $42.5M
France $20.2M
In 2022, South Korea's main importing competitors in Plaiting Products were:
Japan $95.7M
United States $60.8M
France $44.2M

Explore Visualizations

Trade Value of Plaiting Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $32.1k
TOP IMPORT POTENTIALChina+ $850k

Plaiting Products’s highest export potential is United States. With an export gap of $32.1k.   Plaiting Products’s highest import potential is China with an import gap of $850k.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms