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2022
Exports $114kWorld Rnk 60 / 104
Flag Rnk 1117 / 1204
2022
Destination $3.05k Chinese Taipei
2021 - 2022
FASTEST GROWING MARKET $3.05kPhilippines
2022
PRODUCT COMPLEXITY IN Processed Egg Products0.19Rnk 490 / 1025
2022
Imports $20.9MWorld Rnk 18 / 182
Flag Rnk 825 / 1213
2022
Origin $2.24M United States
2021 - 2022
FASTEST GROWING ORIGIN $2.24MDenmark
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $114k in Processed Egg Products, making it the 60th largest exporter of Processed Egg Products in the world. At the same year, Processed Egg Products was the 1117th most exported product in South Korea. The main destination of Processed Egg Products exports from South Korea are: Chinese Taipei ($98.6k), Australia ($8.08k), Philippines ($3.55k), Mongolia ($2.15k), and United States ($1.48k).

The fastest growing export markets for Processed Egg Products of South Korea between 2021 and 2022 were Philippines ($3.05k), United States ($1.38k), and Mongolia ($1.33k).

Imports In 2022, South Korea imported $20.9M in Processed Egg Products, becoming the 18th largest importer of Processed Egg Products in the world. At the same year, Processed Egg Products was the 825th most imported product in South Korea. South Korea imports Processed Egg Products primarily from: United States ($7.7M), China ($4.99M), Denmark ($3.44M), Italy ($3.26M), and Sweden ($773k).

The fastest growing import markets in Processed Egg Products for South Korea between 2021 and 2022 were Denmark ($2.24M), Italy ($833k), and Sweden ($588k).

Latest Trends

October 2024

About

Overview In October 2024 South Korea's Processed Egg Products exports accounted up to $43k and imports accounted up to $1.74M, resulting in a negative trade balance of $1.69M. Between October 2023 and October 2024 the exports of South Korea's   Processed Egg Products have increased by $40k (1.33k%) from $3k to $43k, while imports increased by $1.22M (234%) from $519k to $1.74M.

Destinations In October 2024, Processed Egg Products were exported mostly to United States ($36k), Australia ($3k), Hong Kong ($2k), Chinese Taipei ($2k), and China ($0), and were imported mostly from China ($1.01M), Denmark ($410k), United States ($301k), Italy ($7k), and India ($5k).

Growth In October 2024, the increase in Processed Egg Products's year-by-year exports was explained primarily by an increase in exports to . In October 2024, the increase in Processed Egg Products's year-by-year imports was explained primarily by an increase in imports from Italy ($457k or 846%), Denmark ($352k or 301%), and China ($131k or 468%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$40k(1.33k%)
IMPORT GROWTH (October 2023 - October 2024)$1.22M(234%)
MAIN DESTINATION (October 2024)United States$36k

This section shows Processed Egg Products'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 Egg Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$114k
IMPORTS (2022)$20.9M
NET TRADE (2022)-$20.7M

In 2022, South Korea exported $114k in Processed Egg Products. The main destinations of South Korea exports on Processed Egg Products were Chinese Taipei ($98.6k), Australia ($8.08k), Philippines ($3.55k), Mongolia ($2.15k), and United States ($1.48k).

In 2022, South Korea imported $20.9M in Processed Egg Products, mainly from United States ($7.7M), China ($4.99M), Denmark ($3.44M), Italy ($3.26M), and Sweden ($773k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Processed Egg Products EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Philippines$3.05k (618%)
United States$1.38k (1.38k%)
Mongolia$1.33k (162%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Processed Egg Products BY South Korea WERE (2021 - 2022):
Chinese Taipei-$20.6k (-17.3%)
Australia-$16.4k (-66.9%)
Hong Kong-$3.09k (-96.3%)
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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 Processed Egg Products were:
Netherlands $424M
Poland $143M
France $106M
In 2022, South Korea's main importing competitors in Processed Egg Products were:
Germany $238M
France $132M
United Kingdom $131M

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Trade Value of Processed Egg Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.95k
TOP IMPORT POTENTIALNetherlands+ $303k

Processed Egg Products’s highest export potential is United States. With an export gap of $2.95k.   Processed Egg Products’s highest import potential is Netherlands with an import gap of $303k.

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