Unprocessed Artificial Staple Fibers in South Korea | The Observatory of Economic Complexity

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Exports In 2022, South Korea exported $227k in Unprocessed Artificial Staple Fibers, making it the 37th largest exporter of Unprocessed Artificial Staple Fibers in the world. At the same year, Unprocessed Artificial Staple Fibers was the 1085th most exported product in South Korea. The main destination of Unprocessed Artificial Staple Fibers exports from South Korea are: United States ($102k), Vietnam ($94.1k), China ($26.2k), Turkey ($3.56k), and Nicaragua ($1.06k).

The fastest growing export markets for Unprocessed Artificial Staple Fibers of South Korea between 2021 and 2022 were Vietnam ($87.3k), Nicaragua ($1.06k), and Thailand ($8).

Imports In 2022, South Korea imported $49.9M in Unprocessed Artificial Staple Fibers, becoming the 16th largest importer of Unprocessed Artificial Staple Fibers in the world. At the same year, Unprocessed Artificial Staple Fibers was the 669th most imported product in South Korea. South Korea imports Unprocessed Artificial Staple Fibers primarily from: Austria ($27.9M), China ($5.26M), Chinese Taipei ($4.62M), United Kingdom ($3.74M), and Thailand ($3.71M).

The fastest growing import markets in Unprocessed Artificial Staple Fibers for South Korea between 2021 and 2022 were Austria ($3.47M), India ($436k), and United States ($290k).

Latest Trends

July 2024

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Overview In July 2024 South Korea's Unprocessed Artificial Staple Fibers exports accounted up to $44k and imports accounted up to $2.4M, resulting in a negative trade balance of $2.36M. Between July 2023 and July 2024 the exports of South Korea's Unprocessed Artificial Staple Fibers have increased by $43k (4.3k%) from $1k to $44k, while imports decreased by $-864k (-26.4%) from $3.27M to $2.4M.

Destinations In July 2024, Unprocessed Artificial Staple Fibers were exported mostly to Guatemala ($44k), China ($0), India ($0), Japan ($0), and Chinese Taipei ($0), and were imported mostly from Austria ($1.43M), China ($420k), United Kingdom ($165k), Chinese Taipei ($148k), and India ($125k).

Growth In July 2024, the increase in Unprocessed Artificial Staple Fibers's year-by-year exports was explained primarily by an increase in exports to . In July 2024, the decrease in Unprocessed Artificial Staple Fibers's year-by-year imports was explained primarily by a decrease in imports from Austria ($-2.81M or -82.8%), Thailand ($-603k or -97.4%), and China ($-191k or -23.7%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (July 2023 - July 2024)$43k(4.3k%)

IMPORT GROWTH (July 2023 - July 2024)$-864k(-26.4%)

MAIN DESTINATION (July 2024)Guatemala$44k

This section shows Unprocessed Artificial Staple Fibers'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 Unprocessed Artificial Staple Fibers over time.

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