2022
ECONOMIC COMPLEXITY of South Korea
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The fastest growing export markets for Fish, crustaceans, & molluscs of South Korea between 2021 and 2022 were China ($208M), United States ($37.6M), and Thailand ($30.4M).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Fish, crustaceans, & molluscs. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color

In N/A, South Korea imported N/A in Fish, crustaceans, & molluscs, mainly from China ($1.08B), Russia ($961M), Vietnam ($491M), Norway ($480M), and United States ($314M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Fish, crustaceans, & molluscs EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
China$208M (46.4%)
United States$37.6M (31%)
Thailand$30.4M (34.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fish, crustaceans, & molluscs BY South Korea WERE (2021 - 2022):
Ecuador-$7.13M (-59.3%)
Mauritius-$7.04M (-90.5%)
Spain-$5.43M (-18.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, South Korea's main exporting competitors in Fish, crustaceans, & molluscs were:
Norway $15.6B
China $10.9B
Ecuador $8.43B

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Trade Value of Fish, crustaceans, & molluscs by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $89.9M
TOP IMPORT POTENTIALIndia+ $57.5M

Fish, crustaceans, & molluscs’s highest export potential is China. With an export gap of $89.9M.   Fish, crustaceans, & molluscs’s highest import potential is India with an import gap of $57.5M.

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