Exports In 2022, South Korea exported $344M in Sugars & confectioneries, making it the 33rd largest exporter of Sugars & confectioneries in the world. At the same year, Sugars & confectioneries was the 60th most exported product in South Korea. The main destination of Sugars & confectioneries exports from South Korea are: China ($118M), Japan ($83.3M), Hong Kong ($45.6M), Vietnam ($24.3M), and Philippines ($14.8M).
The fastest growing export markets for Sugars & confectioneries of South Korea between 2021 and 2022 were China ($9.2M), Japan ($7.46M), and Philippines ($2.51M).
Imports In 2022, South Korea imported $1.31B in Sugars & confectioneries, becoming the 9th largest importer of Sugars & confectioneries in the world. At the same year, Sugars & confectioneries was the 50th most imported product in South Korea. South Korea imports Sugars & confectioneries primarily from: Australia ($428M), Thailand ($356M), China ($134M), Nicaragua ($49.6M), and Germany ($48.7M).
The fastest growing import markets in Sugars & confectioneries for South Korea between 2021 and 2022 were Thailand ($221M), Nicaragua ($28.3M), and China ($21.8M).
COMPANIES In 2023, leading companies such as LG Electronics (102), General Motors (16), and Volvo (4) were at the forefront of shipping Sugars & confectioneries from South Korea to the United States.