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2023
Exports $28.1MWorld Rnk 9 / 142
Flag Rnk 540 / 1188
2023
Destination $3.79M Japan
2022 - 2023
FASTEST GROWING MARKET $3.79MPoland
2023
PRODUCT COMPLEXITY IN Scent Sprays0.76Rnk 265 / 1025
2023
Imports $37MWorld Rnk 15 / 206
Flag Rnk 684 / 1208
2023
Origin $4.64M China
2022 - 2023
FASTEST GROWING ORIGIN $4.64MChina
2023
ECONOMIC COMPLEXITY of South Korea1.85Rnk 4 / 132

About

Exports In 2023, South Korea exported $28.1M in Scent Sprays, making it the 9th largest exporter of Scent Sprays in the world. At the same year, Scent Sprays was the 540th most exported product in South Korea. The main destination of Scent Sprays exports from South Korea are: Japan ($6.39M), China ($4.6M), Poland ($4.33M), France ($2.15M), and United States ($1.98M).

The fastest growing export markets for Scent Sprays of South Korea between 2022 and 2023 were Poland ($3.79M), China ($726k), and Indonesia ($703k).

Imports In 2023, South Korea imported $37M in Scent Sprays, becoming the 15th largest importer of Scent Sprays in the world. At the same year, Scent Sprays was the 684th most imported product in South Korea. South Korea imports Scent Sprays primarily from: China ($32.4M), Japan ($1.51M), France ($957k), Italy ($855k), and Malaysia ($333k).

The fastest growing import markets in Scent Sprays for South Korea between 2022 and 2023 were China ($4.64M), Malaysia ($268k), and France ($243k).

COMPANIES In 2024, leading companies such as L'Oreal (3) were at the forefront of shipping Scent Sprays from South Korea to the United States.

Latest Trends

December 2024

About

Overview In December 2024 South Korea's Scent Sprays exports accounted up to $2.05M and imports accounted up to $4.57M, resulting in a negative trade balance of $2.52M. Between December 2023 and December 2024 the exports of South Korea's   Scent Sprays have increased by $694k (51%) from $1.36M to $2.05M, while imports increased by $1.56M (51.7%) from $3.01M to $4.57M.

Destinations In December 2024, Scent Sprays were exported mostly to Japan ($819k), Poland ($444k), United States ($230k), Indonesia ($78k), and China ($75k), and were imported mostly from China ($4.17M), Japan ($104k), Netherlands ($86k), Thailand ($44k), and France ($38k).

Growth In December 2024, the increase in Scent Sprays's year-by-year exports was explained primarily by an increase in exports to Japan ($311k or 82.1%), China ($139k or 224%), and Chinese Taipei ($45k or 900%). In December 2024, the increase in Scent Sprays's year-by-year imports was explained primarily by an increase in imports from China ($463k or 17.1%), Japan ($145k or 186%), and France ($23k or 1.15k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$694k(51%)
IMPORT GROWTH (December 2023 - December 2024)$1.56M(51.7%)
MAIN DESTINATION (December 2024)Japan$819k

This section shows Scent Sprays'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 Scent Sprays over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$28.1M
IMPORTS (2023)$37M
NET TRADE (2023)-$8.93M

In 2023, South Korea exported $28.1M in Scent Sprays. The main destinations of South Korea exports on Scent Sprays were Japan ($6.39M), China ($4.6M), Poland ($4.33M), France ($2.15M), and United States ($1.98M).

In 2023, South Korea imported $37M in Scent Sprays, mainly from China ($32.4M), Japan ($1.51M), France ($957k), Italy ($855k), and Malaysia ($333k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Scent Sprays EXPORT MARKETS FOR South Korea WERE (2022 - 2023):
Poland$3.79M (705%)
China$726k (18.7%)
Indonesia$703k (76%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scent Sprays BY South Korea WERE (2022 - 2023):
United States-$2.85M (-59.1%)
France-$996k (-31.6%)
Netherlands-$972k (-97.8%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, South Korea's main exporting competitors in Scent Sprays were:
China $867M
France $224M
Italy $203M
In 2023, South Korea's main importing competitors in Scent Sprays were:
United States $272M
France $178M
Spain $136M

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Trade Value of Scent Sprays by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.06M
TOP IMPORT POTENTIALChina+ $1.8M

Scent Sprays’s highest export potential is United States. With an export gap of $1.06M.   Scent Sprays’s highest import potential is China with an import gap of $1.8M.

See methodology.

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