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2022
Exports $82.2kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2023
PRODUCT COMPLEXITY IN Poultry-0.17Rnk 609 / 1025
2022
Imports $13.1MWorld Rnk 46 / 198
Flag Rnk 860 / 1208
2023
ECONOMIC COMPLEXITY of South Korea1.85Rnk 4 / 132

About

Imports In 2023, South Korea imported $13.1M in Poultry, becoming the 46th largest importer of Poultry in the world. At the same year, Poultry was the 860th most imported product in South Korea. South Korea imports Poultry primarily from: United States ($10.3M), Germany ($1.01M), Spain ($931k), Hungary ($487k), and Netherlands ($282k).

The fastest growing import markets in Poultry for South Korea between 2022 and 2023 were Germany ($800k), Spain ($519k), and United States ($489k).

COMPANIES In 2024, leading companies such as GE RENEWABLES NORTH AMERICA LLC (9), LG Electronics (5), and General Motors (3) were at the forefront of shipping Poultry from South Korea to the United States.

Latest Trends

December 2024

About

Overview In December 2024 South Korea's Poultry exports accounted up to $0 and imports accounted up to $902k, resulting in a negative trade balance of $902k. Between November 2023 and December 2024 the exports of South Korea's   Poultry have remained the same by $0 (N/A%) from $0 to $0, while imports increased by $895k (12.8k%) from $7k to $902k.

Destinations In December 2024, Poultry were exported mostly to United States ($0), and were imported mostly from United States ($902k).

Growth In December 2024, the change in Poultry's year-by-year exports was explained primarily by a decrease in exports to . In December 2024, the increase in Poultry's year-by-year imports was explained primarily by an increase in imports from United States ($894k or 92.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
IMPORT GROWTH (November 2023 - December 2024)$895k(12.8k%)
MAIN DESTINATION (December 2024)United States$0

This section shows Poultry'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 Poultry over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$82.2k
IMPORTS (2023)$13.1M
NET TRADE (2023)-$13.1M

In 2023, South Korea imported $13.1M in Poultry, mainly from United States ($10.3M), Germany ($1.01M), Spain ($931k), Hungary ($487k), and Netherlands ($282k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Poultry BY South Korea WERE (N/A - 2022):Mongolia-$82.2k (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, South Korea's main exporting competitors in Poultry were:
Germany $759M
France $353M
Netherlands $317M
In 2023, South Korea's main importing competitors in Poultry were:
Netherlands $920M
Germany $346M
Poland $321M

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Trade Value of Poultry by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.09k
TOP IMPORT POTENTIALFrance+ $435k

Poultry’s highest export potential is Germany. With an export gap of $1.09k.   Poultry’s highest import potential is France with an import gap of $435k.

See methodology.

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