Preparations of vegetables, fruit, nuts or other plant parts in South Korea

About

Exports In 2022, South Korea exported $1.1B in Preparations of vegetables, fruit, nuts or other plant parts, making it the 17th largest exporter of Preparations of vegetables, fruit, nuts or other plant parts in the world. At the same year, Preparations of vegetables, fruit, nuts or other plant parts was the 40th most exported product in South Korea. The main destination of Preparations of vegetables, fruit, nuts or other plant parts exports from South Korea are: United States ($247M), Japan ($228M), China ($167M), Chinese Taipei ($57.1M), and Thailand ($48.7M).

The fastest growing export markets for Preparations of vegetables, fruit, nuts or other plant parts of South Korea between 2021 and 2022 were Indonesia ($7.98M), Canada ($7.07M), and Chinese Taipei ($6.01M).

Imports In 2022, South Korea imported $1.52B in Preparations of vegetables, fruit, nuts or other plant parts, becoming the 12th largest importer of Preparations of vegetables, fruit, nuts or other plant parts in the world. At the same year, Preparations of vegetables, fruit, nuts or other plant parts was the 46th most imported product in South Korea. South Korea imports Preparations of vegetables, fruit, nuts or other plant parts primarily from: China ($640M), United States ($282M), Vietnam ($109M), Thailand ($76.9M), and Spain ($52.5M).

The fastest growing import markets in Preparations of vegetables, fruit, nuts or other plant parts for South Korea between 2021 and 2022 were China ($45.1M), United States ($19.1M), and Vietnam ($19.1M).

COMPANIES In 2023, leading companies such as Costco Wholesale (12), LG Electronics (12), and Givaudan Fragrances (3) were at the forefront of shipping Preparations of vegetables, fruit, nuts or other plant parts from South Korea to the United States.

Latest Trends

October 2024

About

Overview In October 2024 South Korea's Preparations of vegetables, fruit, nuts or other plant parts exports accounted up to $86M and imports accounted up to $152M, resulting in a negative trade balance of $66.3M. Between October 2023 and October 2024 the exports of South Korea's Preparations of vegetables, fruit, nuts or other plant parts have increased by $14.4M (20.2%) from $71.6M to $86M, while imports increased by $28.6M (23.2%) from $124M to $152M.

Destinations In October 2024, Preparations of vegetables, fruit, nuts or other plant parts were exported mostly to United States ($26.2M), Japan ($15.3M), China ($8.7M), Canada ($3.92M), and Vietnam ($3.68M), and were imported mostly from China ($58.2M), United States ($22.8M), Spain ($18.3M), Vietnam ($14.2M), and Thailand ($5.81M).

Growth In October 2024, the increase in Preparations of vegetables, fruit, nuts or other plant parts's year-by-year exports was explained primarily by an increase in exports to Netherlands ($312k or 29.5%), Israel ($278k or 505%), and Brazil ($274k or 199%). In October 2024, the increase in Preparations of vegetables, fruit, nuts or other plant parts's year-by-year imports was explained primarily by an increase in imports from Vietnam ($3.24M or 39.8%), China ($1.72M or 3.51%), and Belgium ($1.55M or 57.2%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (October 2023 - October 2024)$14.4M(20.2%)

IMPORT GROWTH (October 2023 - October 2024)$28.6M(23.2%)

MAIN DESTINATION (October 2024)United States$26.2M

This section shows Preparations of vegetables, fruit, nuts or other plant parts'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 Preparations of vegetables, fruit, nuts or other plant parts over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download