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2022
Exports $276MWorld Rnk 26 / 222
Flag Rnk 230 / 1204
2022
Destination $5.83M China
2021 - 2022
FASTEST GROWING MARKET $5.83MHong Kong
2022
PRODUCT COMPLEXITY IN Trunks and Cases-0.6Rnk 724 / 1025
2022
Imports $3.28BWorld Rnk 7 / 222
Flag Rnk 26 / 1213
2022
Origin $190M China
2021 - 2022
FASTEST GROWING ORIGIN $190MChina
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $276M in Trunks and Cases, making it the 26th largest exporter of Trunks and Cases in the world. At the same year, Trunks and Cases was the 230th most exported product in South Korea. The main destination of Trunks and Cases exports from South Korea are: China ($55.3M), United States ($47.7M), Hong Kong ($46M), Japan ($23M), and Germany ($20.3M).

The fastest growing export markets for Trunks and Cases of South Korea between 2021 and 2022 were Hong Kong ($5.83M), Singapore ($2.03M), and Chinese Taipei ($1.99M).

Imports In 2022, South Korea imported $3.28B in Trunks and Cases, becoming the 7th largest importer of Trunks and Cases in the world. At the same year, Trunks and Cases was the 26th most imported product in South Korea. South Korea imports Trunks and Cases primarily from: China ($1.3B), Italy ($1.08B), France ($462M), Vietnam ($113M), and United Kingdom ($50.2M).

The fastest growing import markets in Trunks and Cases for South Korea between 2021 and 2022 were China ($190M), Italy ($151M), and France ($59.2M).

COMPANIES In 2023, leading companies such as Conair (1) and Tmall (1) were at the forefront of shipping Trunks and Cases from South Korea to the United States.

Latest Trends

October 2024

About

Overview In October 2024 South Korea's Trunks and Cases exports accounted up to $32.8M and imports accounted up to $301M, resulting in a negative trade balance of $269M. Between October 2023 and October 2024 the exports of South Korea's   Trunks and Cases have decreased by $-10.1M (-23.6%) from $42.9M to $32.8M, while imports decreased by $-4.89M (-1.6%) from $306M to $301M.

Destinations In October 2024, Trunks and Cases were exported mostly to China ($7.71M), Hong Kong ($5.06M), Japan ($3.47M), United States ($3M), and France ($2.87M), and were imported mostly from Italy ($107M), China ($94.4M), France ($61.1M), Vietnam ($9.48M), and Spain ($9.38M).

Growth In October 2024, the decrease in Trunks and Cases's year-by-year exports was explained primarily by a decrease in exports to China ($-3.55M or -58%), Hong Kong ($-2.56M or -67%), and United States ($-2.33M or -50.8%). In October 2024, the decrease in Trunks and Cases's year-by-year imports was explained primarily by a decrease in imports from France ($-16.6M or -24.1%), Italy ($-6.84M or -5.14%), and Spain ($-3.31M or -30.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$-10.1M(-23.6%)
IMPORT GROWTH (October 2023 - October 2024)$-4.89M(-1.6%)
MAIN DESTINATION (October 2024)China$7.71M

This section shows Trunks and Cases'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 Trunks and Cases over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$276M
IMPORTS (2022)$3.28B
NET TRADE (2022)-$3B

In 2022, South Korea exported $276M in Trunks and Cases. The main destinations of South Korea exports on Trunks and Cases were China ($55.3M), United States ($47.7M), Hong Kong ($46M), Japan ($23M), and Germany ($20.3M).

In 2022, South Korea imported $3.28B in Trunks and Cases, mainly from China ($1.3B), Italy ($1.08B), France ($462M), Vietnam ($113M), and United Kingdom ($50.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Trunks and Cases EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Hong Kong$5.83M (14.5%)
Singapore$2.03M (46.9%)
Chinese Taipei$1.99M (50.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Trunks and Cases BY South Korea WERE (2021 - 2022):
China-$40.9M (-42.5%)
United States-$36.5M (-43.3%)
Netherlands-$7.19M (-67.8%)
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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 Trunks and Cases were:
China $33.1B
France $11.7B
Italy $9.74B
In 2022, South Korea's main importing competitors in Trunks and Cases were:
United States $14.3B
Japan $4.98B
Germany $4.76B

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Trade Value of Trunks and Cases by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $32.5M
TOP IMPORT POTENTIALChina+ $308M

Trunks and Cases’s highest export potential is China. With an export gap of $32.5M.   Trunks and Cases’s highest import potential is China with an import gap of $308M.

See methodology.

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