Rye in South Korea | The Observatory of Economic Complexity

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Exports In 2022, South Korea exported $573 in Rye, making it the 56th largest exporter of Rye in the world. At the same year, Rye was the 1197th most exported product in South Korea. The main destination of Rye exports from South Korea are: United Arab Emirates ($355) and United States ($218).

The fastest growing export markets for Rye of South Korea between 2021 and 2022 were United Arab Emirates ($355).

Imports In 2022, South Korea imported $5.46M in Rye, becoming the 14th largest importer of Rye in the world. At the same year, Rye was the 1008th most imported product in South Korea. South Korea imports Rye primarily from: United States ($5.23M), Canada ($219k), South Africa ($15.4k), Australia ($2.16k), and Germany ($36).

The fastest growing import markets in Rye for South Korea between 2021 and 2022 were United States ($1.27M), Canada ($95.1k), and Australia ($2.16k).

Latest Trends

October 2024

About

Overview In October 2024 South Korea's Rye exports accounted up to $0 and imports accounted up to $269k, resulting in a negative trade balance of $269k. Between July 2023 and October 2024 the exports of South Korea's Rye have remained the same by $0 (N/A%) from $0 to $0, while imports increased by $79k (41.6%) from $190k to $269k.

Destinations In October 2024, Rye were exported mostly to , and were imported mostly from .

Growth In October 2024, the change in Rye's year-by-year exports was explained primarily by a decrease in exports to . In October 2024, the increase in Rye'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 - October 2024)$79k(41.6%)

MAIN DESTINATION (October 2024)

This section shows Rye'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 Rye over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$573

IMPORTS (2022)$5.46M

NET TRADE (2022)-$5.46M

In 2022, South Korea exported $573 in Rye. The main destinations of South Korea exports on Rye were United Arab Emirates ($355) and United States ($218).

In 2022, South Korea imported $5.46M in Rye, mainly from United States ($5.23M), Canada ($219k), South Africa ($15.4k), Australia ($2.16k), and Germany ($36).

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