Raw Silk in South Korea | The Observatory of Economic Complexity

About

Imports In 2022, South Korea imported $5.63M in Raw Silk, becoming the 9th largest importer of Raw Silk in the world. At the same year, Raw Silk was the 1005th most imported product in South Korea. South Korea imports Raw Silk primarily from: China ($4.4M), Uzbekistan ($1.09M), Vietnam ($125k), United States ($7.35k), and Italy ($3.06k).

The fastest growing import markets in Raw Silk for South Korea between 2021 and 2022 were Uzbekistan ($194k), China ($139k), and Italy ($2.68k).

COMPANIES In 2023, leading companies such as General Motors (13) were at the forefront of shipping Raw Silk from South Korea to the United States.

Latest Trends

July 2024

About

Overview In July 2024 South Korea's Raw Silk exports accounted up to $0 and imports accounted up to $162k, resulting in a negative trade balance of $162k. Between July 2023 and July 2024 the exports of South Korea's Raw Silk have remained the same by $0 (N/A%) from $0 to $0, while imports decreased by $-138k (-46%) from $300k to $162k.

Destinations In July 2024, Raw Silk were exported mostly to China ($0) and Uzbekistan ($0), and were imported mostly from Uzbekistan ($151k) and China ($11k).

Growth In July 2024, the change in Raw Silk's year-by-year exports was explained primarily by a decrease in exports to . In July 2024, the decrease in Raw Silk's year-by-year imports was explained primarily by a decrease in imports from China ($-253k or -45.1%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

IMPORT GROWTH (July 2023 - July 2024)$-138k(-46%)

MAIN DESTINATION (July 2024)China$0

This section shows Raw Silk'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 Silk over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2021)$9.96k

IMPORTS (2022)$5.63M

NET TRADE (2022)-$5.63M

In 2022, South Korea imported $5.63M in Raw Silk, mainly from China ($4.4M), Uzbekistan ($1.09M), Vietnam ($125k), United States ($7.35k), and Italy ($3.06k).

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