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Exports In 2022, South Korea exported $13.8k in Wood Stakes, making it the 86th largest exporter of Wood Stakes in the world. At the same year, Wood Stakes was the 1166th most exported product in South Korea. The main destination of Wood Stakes exports from South Korea are: United States ($10.6k), Australia ($1.72k), Estonia ($415), Canada ($381), and Singapore ($326).

The fastest growing export markets for Wood Stakes of South Korea between 2021 and 2022 were Australia ($1.31k), Estonia ($415), and South Africa ($81).

Imports In 2022, South Korea imported $852k in Wood Stakes, becoming the 42nd largest importer of Wood Stakes in the world. At the same year, Wood Stakes was the 1140th most imported product in South Korea. South Korea imports Wood Stakes primarily from: China ($678k), Latvia ($150k), Italy ($8.95k), Slovakia ($8.62k), and Japan ($4.57k).

The fastest growing import markets in Wood Stakes for South Korea between 2021 and 2022 were China ($384k), Latvia ($44.4k), and Italy ($7.45k).

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-1k(-100%)
IMPORT GROWTH (July 2023 - July 2024)$69k(115%)
MAIN DESTINATION (July 2024)China$0

This section shows Wood Stakes'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 Wood Stakes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$13.8k
IMPORTS (2022)$852k
NET TRADE (2022)-$839k

In 2022, South Korea exported $13.8k in Wood Stakes. The main destinations of South Korea exports on Wood Stakes were United States ($10.6k), Australia ($1.72k), Estonia ($415), Canada ($381), and Singapore ($326).

In 2022, South Korea imported $852k in Wood Stakes, mainly from China ($678k), Latvia ($150k), Italy ($8.95k), Slovakia ($8.62k), and Japan ($4.57k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wood Stakes EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Australia$1.31k (317%)
Estonia$415 (1%)
South Africa$81 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood Stakes BY South Korea WERE (2021 - 2022):
United States-$47.9k (-81.9%)
Japan-$2.42k (-100%)
Singapore-$1.37k (-80.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Wood Stakes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $6.14k
TOP IMPORT POTENTIALLatvia+ $30k

Wood Stakes’s highest export potential is United States. With an export gap of $6.14k.   Wood Stakes’s highest import potential is Latvia with an import gap of $30k.

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