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2022
Exports $382kWorld Rnk 45 / 131
Flag Rnk 1053 / 1204
2022
Destination $95.4k United Arab Emirates
2021 - 2022
FASTEST GROWING MARKET $95.4kPoland
2022
PRODUCT COMPLEXITY IN Potato Flours0.65Rnk 295 / 1025
2022
Imports $11.3MWorld Rnk 23 / 203
Flag Rnk 920 / 1213
2022
Origin $623k United States
2021 - 2022
FASTEST GROWING ORIGIN $623kPoland
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $382k in Potato Flours, making it the 45th largest exporter of Potato Flours in the world. At the same year, Potato Flours was the 1053rd most exported product in South Korea. The main destination of Potato Flours exports from South Korea are: United Arab Emirates ($122k), Poland ($95.4k), China ($82.4k), United States ($40.2k), and Japan ($8.66k).

The fastest growing export markets for Potato Flours of South Korea between 2021 and 2022 were Poland ($95.4k), United Arab Emirates ($89.5k), and Vietnam ($6.65k).

Imports In 2022, South Korea imported $11.3M in Potato Flours, becoming the 23rd largest importer of Potato Flours in the world. At the same year, Potato Flours was the 920th most imported product in South Korea. South Korea imports Potato Flours primarily from: United States ($6.84M), Poland ($2.25M), Germany ($579k), Netherlands ($528k), and India ($457k).

The fastest growing import markets in Potato Flours for South Korea between 2021 and 2022 were Poland ($623k), India ($397k), and United States ($86.3k).

Latest Trends

July 2024

About

Overview In July 2024 South Korea's Potato Flours exports accounted up to $3k and imports accounted up to $1.79M, resulting in a negative trade balance of $1.79M. Between July 2023 and July 2024 the exports of South Korea's   Potato Flours have decreased by $-1k (-25%) from $4k to $3k, while imports increased by $810k (82.5%) from $982k to $1.79M.

Destinations In July 2024, Potato Flours were exported mostly to Japan ($2k), United States ($1k), China ($0), India ($0), and Vietnam ($0), and were imported mostly from United States ($735k), Poland ($426k), Germany ($267k), China ($141k), and Netherlands ($101k).

Growth In July 2024, the decrease in Potato Flours's year-by-year exports was explained primarily by a decrease in exports to . In July 2024, the increase in Potato Flours's year-by-year imports was explained primarily by an increase in imports from Poland ($1.09M or 1.95k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-1k(-25%)
IMPORT GROWTH (July 2023 - July 2024)$810k(82.5%)
MAIN DESTINATION (July 2024)Japan$2k

This section shows Potato Flours'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 Potato Flours over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$382k
IMPORTS (2022)$11.3M
NET TRADE (2022)-$11M

In 2022, South Korea exported $382k in Potato Flours. The main destinations of South Korea exports on Potato Flours were United Arab Emirates ($122k), Poland ($95.4k), China ($82.4k), United States ($40.2k), and Japan ($8.66k).

In 2022, South Korea imported $11.3M in Potato Flours, mainly from United States ($6.84M), Poland ($2.25M), Germany ($579k), Netherlands ($528k), and India ($457k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Potato Flours EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Poland$95.4k (1%)
United Arab Emirates$89.5k (280%)
Vietnam$6.65k (714%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Potato Flours BY South Korea WERE (2021 - 2022):
China-$80.8k (-49.5%)
Hong Kong-$15.2k (-92.2%)
Japan-$9.48k (-52.2%)
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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 Potato Flours were:
Germany $280M
Netherlands $246M
Belgium $116M
In 2022, South Korea's main importing competitors in Potato Flours were:
United States $80.2M
Italy $75.5M
United Kingdom $70.1M

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Trade Value of Potato Flours by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $62.3k
TOP IMPORT POTENTIALNetherlands+ $368k

Potato Flours’s highest export potential is China. With an export gap of $62.3k.   Potato Flours’s highest import potential is Netherlands with an import gap of $368k.

See methodology.

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