Tropical Fruits in South Korea | The Observatory of Economic Complexity

About

Exports In 2022, South Korea exported $250k in Tropical Fruits, making it the 123rd largest exporter of Tropical Fruits in the world. At the same year, Tropical Fruits was the 1075th most exported product in South Korea. The main destination of Tropical Fruits exports from South Korea are: Hong Kong ($114k), Singapore ($66k), Mongolia ($20.4k), Russia ($14.4k), and Malaysia ($14.3k).

The fastest growing export markets for Tropical Fruits of South Korea between 2021 and 2022 were Hong Kong ($14.4k), Russia ($14.4k), and Czechia ($8.26k).

Imports In 2022, South Korea imported $173M in Tropical Fruits, becoming the 16th largest importer of Tropical Fruits in the world. At the same year, Tropical Fruits was the 397th most imported product in South Korea. South Korea imports Tropical Fruits primarily from: Philippines ($63.5M), Peru ($41.6M), Thailand ($35M), Vietnam ($7.63M), and United States ($4.63M).

The fastest growing import markets in Tropical Fruits for South Korea between 2021 and 2022 were Philippines ($10.6M), Vietnam ($1.41M), and Australia ($330k).

COMPANIES In 2023, leading companies such as Volvo (634), Cosentino (1), and Walmart (1) were at the forefront of shipping Tropical Fruits from South Korea to the United States.

Latest Trends

April 2024

About

Overview In April 2024 South Korea's Tropical Fruits exports accounted up to $13k and imports accounted up to $38.3M, resulting in a negative trade balance of $38.2M. Between April 2023 and April 2024 the exports of South Korea's Tropical Fruits have increased by $11k (550%) from $2k to $13k, while imports increased by $16.5M (75.8%) from $21.8M to $38.3M.

Destinations In April 2024, Tropical Fruits were exported mostly to Singapore ($10k), Hong Kong ($2k), Mongolia ($1k), Algeria ($0), and Egypt ($0), and were imported mostly from Thailand ($21M), Philippines ($9.13M), Peru ($2.29M), Vietnam ($1.85M), and Brazil ($1.35M).

Growth In April 2024, the increase in Tropical Fruits's year-by-year exports was explained primarily by an increase in exports to . In April 2024, the increase in Tropical Fruits's year-by-year imports was explained primarily by an increase in imports from Philippines ($809k or 24.2%), Mexico ($650k or 116%), and Thailand ($353k or 15%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (April 2023 - April 2024)$11k(550%)

IMPORT GROWTH (April 2023 - April 2024)$16.5M(75.8%)

MAIN DESTINATION (April 2024)Singapore$10k

This section shows Tropical Fruits'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 Tropical Fruits over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download