Raw Sugar in   South Korea

Overview In December 2024 South Korea's Raw Sugar exports accounted up to $17.2M and imports accounted up to $103M, resulting in a negative trade balance of $86.1M. Between December 2023 and December 2024 the exports of South Korea's   Raw Sugar have decreased by $-5.32M (-23.6%) from $22.5M to $17.2M, while imports decreased by $-6.38M (-5.82%) from $110M to $103M.

Destinations In December 2024, Raw Sugar were exported mostly to China ($11M), Hong Kong ($4.98M), Malaysia ($288k), Japan ($250k), and Vietnam ($183k), and were imported mostly from Brazil ($43.5M), South Africa ($22.7M), Australia ($14.5M), Fiji ($14.4M), and Thailand ($7.06M).

Growth In December 2024, the decrease in Raw Sugar's year-by-year exports was explained primarily by a decrease in exports to China ($-2.28M or -16.9%), Japan ($-23k or -7.96%), and Philippines ($-16k or -100%). In December 2024, the decrease in Raw Sugar's year-by-year imports was explained primarily by a decrease in imports from Thailand ($-11.5M or -74.5%), China ($-21k or -20.6%), and Chinese Taipei ($-16k or -100%).