2022
Exports
$9.72kWorld Rnk 99 / 117
Flag Rnk 1172 / 1204
2022
PRODUCT COMPLEXITY IN Sheep and Goat Meat
-1.65Rnk 965 / 1025
2022
Imports
$274MWorld Rnk 9 / 215
Flag Rnk 293 / 1213
2022
ECONOMIC COMPLEXITY of South Korea
1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $9.72k in Sheep and Goat Meat, making it the 99th largest exporter of Sheep and Goat Meat in the world. At the same year, Sheep and Goat Meat was the 1172nd most exported product in South Korea. The main destination of Sheep and Goat Meat exports from South Korea are: Bangladesh ($9.46k) and Chile ($261).

The fastest growing export markets for Sheep and Goat Meat of South Korea between 2021 and 2022 were Bangladesh ($9.46k).

Imports In 2022, South Korea imported $274M in Sheep and Goat Meat, becoming the 9th largest importer of Sheep and Goat Meat in the world. At the same year, Sheep and Goat Meat was the 293rd most imported product in South Korea. South Korea imports Sheep and Goat Meat primarily from: Australia ($249M), New Zealand ($23.7M), Italy ($502k), Hong Kong ($192k), and Netherlands ($68.7k).

The fastest growing import markets in Sheep and Goat Meat for South Korea between 2021 and 2022 were Australia ($87.3M), New Zealand ($8.17M), and Hong Kong ($192k).

COMPANIES In 2023, leading companies such as John Deere (1) were at the forefront of shipping Sheep and Goat Meat from South Korea to the United States.

Latest Trends

September 2024

Subnational Monthly Trade

Time Scale
Flow
Color
IMPORT GROWTH (September 2023 - September 2024)$-2.58M(-13%)
MAIN DESTINATION (September 2024)Australia$0

This section shows Sheep and Goat Meat'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 Sheep and Goat Meat over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$9.72k
IMPORTS (2022)$274M
NET TRADE (2022)-$274M

In 2022, South Korea exported $9.72k in Sheep and Goat Meat. The main destinations of South Korea exports on Sheep and Goat Meat were Bangladesh ($9.46k) and Chile ($261).

In 2022, South Korea imported $274M in Sheep and Goat Meat, mainly from Australia ($249M), New Zealand ($23.7M), Italy ($502k), Hong Kong ($192k), and Netherlands ($68.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Sheep and Goat Meat EXPORT MARKETS FOR South Korea WERE (2021 - 2022):Bangladesh$9.46k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sheep and Goat Meat BY South Korea WERE (2021 - 2022):
Gambia-$732 (-100%)
Bahrain-$157 (-100%)
Chile-$137 (-34.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Sheep and Goat Meat were:
In 2022, South Korea's main importing competitors in Sheep and Goat Meat were:

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Trade Value of Sheep and Goat Meat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.36k
TOP IMPORT POTENTIALNew Zealand+ $4.16M

Sheep and Goat Meat’s highest export potential is China. With an export gap of $1.36k.   Sheep and Goat Meat’s highest import potential is New Zealand with an import gap of $4.16M.

See methodology.

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