2022
Exports
$2.36MWorld Rnk 57 / 170
Flag Rnk 908 / 1204
2022
PRODUCT COMPLEXITY IN Waterproof Footwear
-0.78Rnk 777 / 1025
2022
Imports
$43MWorld Rnk 10 / 219
Flag Rnk 701 / 1213
2022
ECONOMIC COMPLEXITY of South Korea
1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $2.36M in Waterproof Footwear, making it the 57th largest exporter of Waterproof Footwear in the world. At the same year, Waterproof Footwear was the 908th most exported product in South Korea. The main destination of Waterproof Footwear exports from South Korea are: United States ($561k), China ($445k), Vietnam ($177k), Australia ($157k), and Malaysia ($129k).

The fastest growing export markets for Waterproof Footwear of South Korea between 2021 and 2022 were China ($301k), Austria ($80.8k), and Philippines ($70k).

Imports In 2022, South Korea imported $43M in Waterproof Footwear, becoming the 10th largest importer of Waterproof Footwear in the world. At the same year, Waterproof Footwear was the 701st most imported product in South Korea. South Korea imports Waterproof Footwear primarily from: China ($26.5M), United Kingdom ($5.85M), Philippines ($2.3M), Italy ($1.89M), and United Arab Emirates ($1.57M).

The fastest growing import markets in Waterproof Footwear for South Korea between 2021 and 2022 were United Kingdom ($5.13M), United Arab Emirates ($1.53M), and Malaysia ($644k).

COMPANIES In 2023, leading companies such as Amazon (1) were at the forefront of shipping Waterproof Footwear from South Korea to the United States.

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$76k(181%)
IMPORT GROWTH (July 2023 - July 2024)$-1.93M(-27.5%)
MAIN DESTINATION (July 2024)Vietnam$25k

This section shows Waterproof Footwear'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 Waterproof Footwear over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.36M
IMPORTS (2022)$43M
NET TRADE (2022)-$40.7M

In 2022, South Korea exported $2.36M in Waterproof Footwear. The main destinations of South Korea exports on Waterproof Footwear were United States ($561k), China ($445k), Vietnam ($177k), Australia ($157k), and Malaysia ($129k).

In 2022, South Korea imported $43M in Waterproof Footwear, mainly from China ($26.5M), United Kingdom ($5.85M), Philippines ($2.3M), Italy ($1.89M), and United Arab Emirates ($1.57M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Waterproof Footwear EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
China$301k (208%)
Austria$80.8k (128k%)
Philippines$70k (648%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Waterproof Footwear BY South Korea WERE (2021 - 2022):
Norway-$449k (-78.5%)
Hong Kong-$99.7k (-78.4%)
Nigeria-$64.2k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Waterproof Footwear were:
In 2022, South Korea's main importing competitors in Waterproof Footwear were:

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Trade Value of Waterproof Footwear by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $271k
TOP IMPORT POTENTIALChina+ $3.24M

Waterproof Footwear’s highest export potential is United States. With an export gap of $271k.   Waterproof Footwear’s highest import potential is China with an import gap of $3.24M.

See methodology.

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