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2022
Exports $346kWorld Rnk 55 / 141
Flag Rnk 1060 / 1204
2022
Destination $207k Australia
2021 - 2022
FASTEST GROWING MARKET $207kAustralia
2022
PRODUCT COMPLEXITY IN Preserved Vegetables-0.92Rnk 816 / 1025
2022
Imports $25.7MWorld Rnk 7 / 213
Flag Rnk 793 / 1213
2022
Origin $3.7M China
2021 - 2022
FASTEST GROWING ORIGIN $3.7MChina
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $346k in Preserved Vegetables, making it the 55th largest exporter of Preserved Vegetables in the world. At the same year, Preserved Vegetables was the 1060th most exported product in South Korea. The main destination of Preserved Vegetables exports from South Korea are: Australia ($208k), Vietnam ($41.3k), Netherlands ($32.1k), Ireland ($23.2k), and United States ($12.9k).

The fastest growing export markets for Preserved Vegetables of South Korea between 2021 and 2022 were Australia ($207k), Ireland ($8.43k), and Czechia ($4.53k).

Imports In 2022, South Korea imported $25.7M in Preserved Vegetables, becoming the 7th largest importer of Preserved Vegetables in the world. At the same year, Preserved Vegetables was the 793rd most imported product in South Korea. South Korea imports Preserved Vegetables primarily from: China ($23.7M), India ($1.46M), Vietnam ($213k), Thailand ($132k), and Indonesia ($85.9k).

The fastest growing import markets in Preserved Vegetables for South Korea between 2021 and 2022 were China ($3.7M), India ($336k), and Indonesia ($85.9k).

Latest Trends

July 2024

About

Overview In July 2024 South Korea's Preserved Vegetables exports accounted up to $0 and imports accounted up to $1.46M, resulting in a negative trade balance of $1.46M. Between July 2023 and July 2024 the exports of South Korea's   Preserved Vegetables have decreased by $-23k (-100%) from $23k to $0, while imports increased by $247k (20.4%) from $1.21M to $1.46M.

Destinations In July 2024, Preserved Vegetables were exported mostly to China ($0), India ($0), Japan ($0), Burma ($0), and Thailand ($0), and were imported mostly from China ($1.28M), India ($166k), Vietnam ($15k), United States ($1k), and Japan ($0).

Growth In July 2024, the decrease in Preserved Vegetables's year-by-year exports was explained primarily by a decrease in exports to Vietnam ($-3k or -100%) and United States ($-3k or -100%). In July 2024, the increase in Preserved Vegetables's year-by-year imports was explained primarily by an increase in imports from China ($443k or 24.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-23k(-100%)
IMPORT GROWTH (July 2023 - July 2024)$247k(20.4%)
MAIN DESTINATION (July 2024)China$0

This section shows Preserved Vegetables'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 Preserved Vegetables over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$346k
IMPORTS (2022)$25.7M
NET TRADE (2022)-$25.4M

In 2022, South Korea exported $346k in Preserved Vegetables. The main destinations of South Korea exports on Preserved Vegetables were Australia ($208k), Vietnam ($41.3k), Netherlands ($32.1k), Ireland ($23.2k), and United States ($12.9k).

In 2022, South Korea imported $25.7M in Preserved Vegetables, mainly from China ($23.7M), India ($1.46M), Vietnam ($213k), Thailand ($132k), and Indonesia ($85.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Preserved Vegetables EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Australia$207k (18.2k%)
Ireland$8.43k (57.1%)
Czechia$4.53k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Preserved Vegetables BY South Korea WERE (2021 - 2022):
Vietnam-$56.4k (-57.8%)
United States-$14.5k (-53%)
Germany-$7.67k (-83.8%)
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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 Preserved Vegetables were:
China $173M
Spain $92.5M
India $85.8M
In 2022, South Korea's main importing competitors in Preserved Vegetables were:
Italy $119M
Japan $72.8M
United States $65.5M

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Trade Value of Preserved Vegetables by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $23.2k
TOP IMPORT POTENTIALIndia+ $962k

Preserved Vegetables’s highest export potential is United States. With an export gap of $23.2k.   Preserved Vegetables’s highest import potential is India with an import gap of $962k.

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