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2022
Exports $470World Rnk 98 / 103
Flag Rnk 1199 / 1204
2022
Destination $103 Japan
2021 - 2022
FASTEST GROWING MARKET $103United States
2022
PRODUCT COMPLEXITY IN Sheep and Goats-1.65Rnk 966 / 1025
2022
Imports $14.2kWorld Rnk 115 / 142
Flag Rnk 1206 / 1213
2022
Origin $4.63k United States
2021 - 2022
FASTEST GROWING ORIGIN $4.63kCzechia
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $470 in Sheep and Goats, making it the 98th largest exporter of Sheep and Goats in the world. At the same year, Sheep and Goats was the 1199th most exported product in South Korea. The main destination of Sheep and Goats exports from South Korea are: Japan ($230), United States ($127), Cambodia ($77), and Chinese Taipei ($36).

The fastest growing export markets for Sheep and Goats of South Korea between 2021 and 2022 were United States ($103), Cambodia ($77), and Chinese Taipei ($36).

Imports In 2022, South Korea imported $14.2k in Sheep and Goats, becoming the 115th largest importer of Sheep and Goats in the world. At the same year, Sheep and Goats was the 1206th most imported product in South Korea. South Korea imports Sheep and Goats primarily from: United States ($7.5k), Czechia ($4.63k), and France ($2.11k).

The fastest growing import markets in Sheep and Goats for South Korea between 2021 and 2022 were Czechia ($4.63k) and France ($2.11k).

Latest Trends

June 2024

About

Overview In June 2024 South Korea's Sheep and Goats exports accounted up to $0 and imports accounted up to $1.42M, resulting in a negative trade balance of $1.42M. Between October 2021 and June 2024 the exports of South Korea's   Sheep and Goats have remained the same by $0 (N/A%) from $0 to $0, while imports increased by $1.42M (N/A%) from $0 to $1.42M.

Destinations In June 2024, Sheep and Goats were exported mostly to , and were imported mostly from .

Growth In June 2024, the change in Sheep and Goats's year-by-year exports was explained primarily by a decrease in exports to . In June 2024, the increase in Sheep and Goats's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
IMPORT GROWTH (October 2021 - June 2024)$1.42M(N/A%)
MAIN DESTINATION (June 2024)

This section shows Sheep and Goats'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 Goats over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$470
IMPORTS (2022)$14.2k
NET TRADE (2022)-$13.8k

In 2022, South Korea exported $470 in Sheep and Goats. The main destinations of South Korea exports on Sheep and Goats were Japan ($230), United States ($127), Cambodia ($77), and Chinese Taipei ($36).

In 2022, South Korea imported $14.2k in Sheep and Goats, mainly from United States ($7.5k), Czechia ($4.63k), and France ($2.11k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Sheep and Goats EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
United States$103 (429%)
Cambodia$77 (1%)
Chinese Taipei$36 (1%)
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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 Sheep and Goats were:
Iran $362M
Romania $279M
Spain $195M
In 2022, South Korea's main importing competitors in Sheep and Goats were:
Kuwait $329M
Saudi Arabia $288M
Oman $260M

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Trade Value of Sheep and Goats by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSaudi Arabia+ $424
TOP IMPORT POTENTIALFrance+ $2.87k

Sheep and Goats’s highest export potential is Saudi Arabia. With an export gap of $424.   Sheep and Goats’s highest import potential is France with an import gap of $2.87k.

See methodology.

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