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2022
Exports $189MWorld Rnk 4 / 97
Flag Rnk 289 / 1204
2022
Destination $5.76M United States
2021 - 2022
FASTEST GROWING MARKET $5.76MCanada
2022
PRODUCT COMPLEXITY IN Polyamide Fabric0.63Rnk 309 / 1025
2022
Imports $189MWorld Rnk 5 / 176
Flag Rnk 380 / 1213
2022
Origin $12.1M Vietnam
2021 - 2022
FASTEST GROWING ORIGIN $12.1MChina
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $189M in Polyamide Fabric, making it the 4th largest exporter of Polyamide Fabric in the world. At the same year, Polyamide Fabric was the 289th most exported product in South Korea. The main destination of Polyamide Fabric exports from South Korea are: United States ($66.2M), Brazil ($13.7M), Romania ($11.6M), China ($11.4M), and Czechia ($9.1M).

The fastest growing export markets for Polyamide Fabric of South Korea between 2021 and 2022 were Canada ($5.76M), China ($4.06M), and Costa Rica ($3.25M).

Imports In 2022, South Korea imported $189M in Polyamide Fabric, becoming the 5th largest importer of Polyamide Fabric in the world. At the same year, Polyamide Fabric was the 380th most imported product in South Korea. South Korea imports Polyamide Fabric primarily from: Vietnam ($86.4M), China ($71.8M), Indonesia ($23.5M), Chinese Taipei ($2.55M), and Thailand ($2M).

The fastest growing import markets in Polyamide Fabric for South Korea between 2021 and 2022 were China ($12.1M), Vietnam ($6.01M), and Indonesia ($4.42M).

COMPANIES In 2023, leading companies such as Continental Tire (3), Goodyear Tire and Rubber (1), and Bridgestone Tires (1) were at the forefront of shipping Polyamide Fabric from South Korea to the United States.

Latest Trends

July 2024

About

Overview In July 2024 South Korea's Polyamide Fabric exports accounted up to $8.72M and imports accounted up to $12.9M, resulting in a negative trade balance of $4.2M. Between July 2023 and July 2024 the exports of South Korea's   Polyamide Fabric have decreased by $-1.02M (-10.5%) from $9.73M to $8.72M, while imports increased by $1.92M (17.5%) from $11M to $12.9M.

Destinations In July 2024, Polyamide Fabric were exported mostly to United States ($3.33M), Argentina ($901k), China ($623k), Hungary ($579k), and Mexico ($548k), and were imported mostly from Vietnam ($8.04M), China ($3.32M), Indonesia ($1.23M), Chinese Taipei ($315k), and France ($5k).

Growth In July 2024, the decrease in Polyamide Fabric's year-by-year exports was explained primarily by a decrease in exports to United States ($-5.23M or -73.6%), Thailand ($-1.78M or -94.4%), and Romania ($-1.54M or -72%). In July 2024, the increase in Polyamide Fabric's year-by-year imports was explained primarily by an increase in imports from China ($1.48M or 29.6%), Indonesia ($104k or 8.93%), and Chinese Taipei ($1k or 0.46%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-1.02M(-10.5%)
IMPORT GROWTH (July 2023 - July 2024)$1.92M(17.5%)
MAIN DESTINATION (July 2024)United States$3.33M

This section shows Polyamide Fabric'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 Polyamide Fabric over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$189M
IMPORTS (2022)$189M
NET TRADE (2022)$401k

In 2022, South Korea exported $189M in Polyamide Fabric. The main destinations of South Korea exports on Polyamide Fabric were United States ($66.2M), Brazil ($13.7M), Romania ($11.6M), China ($11.4M), and Czechia ($9.1M).

In 2022, South Korea imported $189M in Polyamide Fabric, mainly from Vietnam ($86.4M), China ($71.8M), Indonesia ($23.5M), Chinese Taipei ($2.55M), and Thailand ($2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Polyamide Fabric EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Canada$5.76M (2.36k%)
China$4.06M (55.2%)
Costa Rica$3.25M (82.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Polyamide Fabric BY South Korea WERE (2021 - 2022):
Thailand-$12.2M (-66.4%)
Russia-$8.29M (-81.4%)
United States-$7.28M (-9.91%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Polyamide Fabric were:
China $1.02B
Vietnam $846M
Luxembourg $218M
In 2022, South Korea's main importing competitors in Polyamide Fabric were:
United States $486M
India $269M
Thailand $264M

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Trade Value of Polyamide Fabric by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $4.83M
TOP IMPORT POTENTIALChina+ $9.05M

Polyamide Fabric’s highest export potential is China. With an export gap of $4.83M.   Polyamide Fabric’s highest import potential is China with an import gap of $9.05M.

See methodology.

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