Raw Cork in South Korea | The Observatory of Economic Complexity

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Exports In 2022, South Korea exported $139k in Raw Cork, making it the 24th largest exporter of Raw Cork in the world. At the same year, Raw Cork was the 1106th most exported product in South Korea. The main destination of Raw Cork exports from South Korea are: United States ($79.9k), United Kingdom ($24.5k), Italy ($13.9k), Kazakhstan ($11.4k), and Pakistan ($4.98k).

The fastest growing export markets for Raw Cork of South Korea between 2021 and 2022 were United States ($49.3k), Kazakhstan ($4.08k), and Philippines ($1.42k).

Imports In 2022, South Korea imported $1.26M in Raw Cork, becoming the 15th largest importer of Raw Cork in the world. At the same year, Raw Cork was the 1125th most imported product in South Korea. South Korea imports Raw Cork primarily from: Portugal ($669k), China ($302k), Italy ($198k), Japan ($78k), and United States ($15.6k).

The fastest growing import markets in Raw Cork for South Korea between 2021 and 2022 were Italy ($117k), Japan ($42.5k), and Portugal ($38.9k).

Latest Trends

July 2024

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Overview In July 2024 South Korea's Raw Cork exports accounted up to $0 and imports accounted up to $115k, resulting in a negative trade balance of $115k. Between July 2023 and July 2024 the exports of South Korea's Raw Cork have remained the same by $0 (N/A%) from $0 to $0, while imports increased by $29k (33.7%) from $86k to $115k.

Destinations In July 2024, Raw Cork were exported mostly to China ($0), Japan ($0), Portugal ($0), and United States ($0), and were imported mostly from China ($68k), Portugal ($42k), United States ($3k), and Japan ($2k).

Growth In July 2024, the change in Raw Cork's year-by-year exports was explained primarily by a decrease in exports to United States ($-4k or -44.4%). In July 2024, the increase in Raw Cork's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

IMPORT GROWTH (July 2023 - July 2024)$29k(33.7%)

MAIN DESTINATION (July 2024)China$0

This section shows Raw Cork'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 Raw Cork over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$139k

IMPORTS (2022)$1.26M

NET TRADE (2022)-$1.12M

In 2022, South Korea exported $139k in Raw Cork. The main destinations of South Korea exports on Raw Cork were United States ($79.9k), United Kingdom ($24.5k), Italy ($13.9k), Kazakhstan ($11.4k), and Pakistan ($4.98k).

In 2022, South Korea imported $1.26M in Raw Cork, mainly from Portugal ($669k), China ($302k), Italy ($198k), Japan ($78k), and United States ($15.6k).

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