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Exports In 2022, South Korea exported $20k in Processed Bones, making it the 67th largest exporter of Processed Bones in the world. At the same year, Processed Bones was the 1160th most exported product in South Korea. The main destination of Processed Bones exports from South Korea are: Australia ($10.4k), Malaysia ($9.04k), Bulgaria ($445), and Hong Kong ($91).

The fastest growing export markets for Processed Bones of South Korea between 2021 and 2022 were Australia ($10.3k), Bulgaria ($445), and Hong Kong ($91).

Imports In 2022, South Korea imported $3.82M in Processed Bones, becoming the 16th largest importer of Processed Bones in the world. At the same year, Processed Bones was the 1048th most imported product in South Korea. South Korea imports Processed Bones primarily from: Australia ($1.03M), India ($740k), Austria ($530k), New Zealand ($483k), and Ireland ($357k).

The fastest growing import markets in Processed Bones for South Korea between 2021 and 2022 were Australia ($308k), New Zealand ($135k), and Belgium ($97.9k).

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
IMPORT GROWTH (July 2023 - July 2024)$129k(23%)
MAIN DESTINATION (July 2024)India$0

This section shows Processed Bones'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 Processed Bones over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$20k
IMPORTS (2022)$3.82M
NET TRADE (2022)-$3.8M

In 2022, South Korea exported $20k in Processed Bones. The main destinations of South Korea exports on Processed Bones were Australia ($10.4k), Malaysia ($9.04k), Bulgaria ($445), and Hong Kong ($91).

In 2022, South Korea imported $3.82M in Processed Bones, mainly from Australia ($1.03M), India ($740k), Austria ($530k), New Zealand ($483k), and Ireland ($357k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Processed Bones EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Australia$10.3k (7.23k%)
Bulgaria$445 (1%)
Hong Kong$91 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Processed Bones BY South Korea WERE (2021 - 2022):
Austria-$148k (-100%)
Malaysia-$66.2k (-88%)
Ethiopia-$114 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Processed Bones were:
In 2022, South Korea's main importing competitors in Processed Bones were:
Japan $47.9M
France $43.7M
Germany $31.6M

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Trade Value of Processed Bones by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $853
TOP IMPORT POTENTIALIndia+ $168k

Processed Bones’s highest export potential is China. With an export gap of $853.   Processed Bones’s highest import potential is India with an import gap of $168k.

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