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2022
Exports $70.3kWorld Rnk 83 / 119
Flag Rnk 1134 / 1204
falsefalse Mongolia
2021 - 2022
FASTEST GROWING MARKETfalsefalse
2022
PRODUCT COMPLEXITY IN Poultry-0.23Rnk 623 / 1025
2022
Imports $11.3MWorld Rnk 48 / 197
Flag Rnk 924 / 1213
2021 - 2022
FASTEST GROWING ORIGINfalseFrance
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $70.3k in Poultry, making it the 83rd largest exporter of Poultry in the world. At the same year, Poultry was the 1134th most exported product in South Korea. The main destination of Poultry exports from South Korea are: Mongolia ($70.3k).

Imports In 2022, South Korea imported $11.3M in Poultry, becoming the 48th largest importer of Poultry in the world. At the same year, Poultry was the 924th most imported product in South Korea. South Korea imports Poultry primarily from: United States ($9.17M), France ($619k), Spain ($411k), Australia ($400k), and Canada ($259k).

The fastest growing import markets in Poultry for South Korea between 2021 and 2022 were France ($619k), Australia ($400k), and South Africa ($6.57k).

COMPANIES In 2023, leading companies such as LG Electronics (27) and GE RENEWABLES NORTH AMERICA LLC (8) were at the forefront of shipping Poultry from South Korea to the United States.

Latest Trends

September 2024

About

Overview In September 2024 South Korea's Poultry exports accounted up to $0 and imports accounted up to $2.13M, resulting in a negative trade balance of $2.13M. Between August 2023 and September 2024 the exports of South Korea's   Poultry have remained the same by $0 (N/A%) from $0 to $0, while imports decreased by $-42k (-1.93%) from $2.17M to $2.13M.

Destinations In September 2024, Poultry were exported mostly to United Kingdom ($0) and United States ($0), and were imported mostly from United States ($1.88M) and United Kingdom ($255k).

Growth In September 2024, the change in Poultry's year-by-year exports was explained primarily by a decrease in exports to . In September 2024, the decrease in Poultry's year-by-year imports was explained primarily by a decrease in imports from United States ($-78k or -7.47%).

Subnational Monthly Trade

Time Scale
Flow
Color
IMPORT GROWTH (August 2023 - September 2024)$-42k(-1.93%)
MAIN DESTINATION (September 2024)United Kingdom$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)$70.3k
IMPORTS (2022)$11.3M
NET TRADE (2022)-$11.2M

In 2022, South Korea exported $70.3k in Poultry. The main destinations of South Korea exports on Poultry were Mongolia ($70.3k).

In 2022, South Korea imported $11.3M in Poultry, mainly from United States ($9.17M), France ($619k), Spain ($411k), Australia ($400k), and Canada ($259k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Poultry BY South Korea WERE (2021 - 2022):Mongolia-$30.3k (-30.2%)
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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 Poultry were:
Germany $634M
Netherlands $389M
United States $293M
In 2022, South Korea's main importing competitors in Poultry were:
Netherlands $706M
Germany $432M
Poland $286M

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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.

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