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2022
Exports $11.4kWorld Rnk 34 / 74
Flag Rnk 1169 / 1204
2022
Destination $1.3k United States
2021 - 2022
FASTEST GROWING MARKET $1.3kGermany
2022
Imports $77.6kWorld Rnk 22 / 136
Flag Rnk 1196 / 1213
2022
Origin $13.9k Japan
2021 - 2022
FASTEST GROWING ORIGIN $13.9kIndia
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $11.4k in Retail Silk Yarn, making it the 34th largest exporter of Retail Silk Yarn in the world. At the same year, Retail Silk Yarn was the 1169th most exported product in South Korea. The main destination of Retail Silk Yarn exports from South Korea are: United States ($10k), Germany ($1.3k), Thailand ($56), Hungary ($18), and Indonesia ($1).

The fastest growing export markets for Retail Silk Yarn of South Korea between 2021 and 2022 were Germany ($1.3k), Thailand ($56), and Hungary ($18).

Imports In 2022, South Korea imported $77.6k in Retail Silk Yarn, becoming the 22nd largest importer of Retail Silk Yarn in the world. At the same year, Retail Silk Yarn was the 1196th most imported product in South Korea. South Korea imports Retail Silk Yarn primarily from: Japan ($29.8k), India ($16.6k), Italy ($16.1k), China ($7.11k), and Denmark ($3.43k).

The fastest growing import markets in Retail Silk Yarn for South Korea between 2021 and 2022 were India ($13.9k), Japan ($13.7k), and Italy ($7.5k).

Latest Trends

July 2024

About

Overview In July 2024 South Korea's Retail Silk Yarn exports accounted up to $0 and imports accounted up to $2k, resulting in a negative trade balance of $2k. Between July 2023 and July 2024 the exports of South Korea's   Retail Silk Yarn have remained the same by $0 (N/A%) from $0 to $0, while imports decreased by $-5k (-71.4%) from $7k to $2k.

Destinations In July 2024, Retail Silk Yarn were exported mostly to China ($0) and France ($0), and were imported mostly from China ($2k) and France ($0).

Growth In July 2024, the change in Retail Silk Yarn's year-by-year exports was explained primarily by a decrease in exports to . In July 2024, the decrease in Retail Silk Yarn's year-by-year imports was explained primarily by a decrease in imports from Japan ($-2k or -66.7%) and China ($-1k or -100%).

Subnational Monthly Trade

Time Scale
Flow
Color
IMPORT GROWTH (July 2023 - July 2024)$-5k(-71.4%)
MAIN DESTINATION (July 2024)China$0

This section shows Retail Silk Yarn'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 Retail Silk Yarn over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$11.4k
IMPORTS (2022)$77.6k
NET TRADE (2022)-$66.2k

In 2022, South Korea exported $11.4k in Retail Silk Yarn. The main destinations of South Korea exports on Retail Silk Yarn were United States ($10k), Germany ($1.3k), Thailand ($56), Hungary ($18), and Indonesia ($1).

In 2022, South Korea imported $77.6k in Retail Silk Yarn, mainly from Japan ($29.8k), India ($16.6k), Italy ($16.1k), China ($7.11k), and Denmark ($3.43k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Retail Silk Yarn EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Germany$1.3k (1%)
Thailand$56 (1%)
Hungary$18 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Retail Silk Yarn BY South Korea WERE (2021 - 2022):
United States-$32.9k (-76.7%)
Italy-$3.92k (-100%)
Bahrain-$961 (-100%)
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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 Retail Silk Yarn were:
China $2.74M
Japan $1.02M
India $1.02M
In 2022, South Korea's main importing competitors in Retail Silk Yarn were:
United States $1.39M
India $1.32M
Italy $755k

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Trade Value of Retail Silk Yarn by Exporters

Potential Exports

Potential Exports

Flow
View
N/A
N/AN/A
N/AN/A

Retail Silk Yarn’s highest export potential is N/A. With an export gap of N/A.   Retail Silk Yarn’s highest import potential is N/A with an import gap of N/A.

See methodology.

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