2022
Exports
$2.94MWorld Rnk 44 / 181
Flag Rnk 888 / 1204
2022
PRODUCT COMPLEXITY IN Non-Knit Men's Undergarments
-1.31Rnk 914 / 1025
2022
Imports
$71.6MWorld Rnk 4 / 214
Flag Rnk 587 / 1213
2022
ECONOMIC COMPLEXITY of South Korea
1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $2.94M in Non-Knit Men's Undergarments, making it the 44th largest exporter of Non-Knit Men's Undergarments in the world. At the same year, Non-Knit Men's Undergarments was the 888th most exported product in South Korea. The main destination of Non-Knit Men's Undergarments exports from South Korea are: Chile ($579k), United Kingdom ($460k), United States ($400k), Germany ($252k), and Japan ($231k).

The fastest growing export markets for Non-Knit Men's Undergarments of South Korea between 2021 and 2022 were Chile ($429k), United Kingdom ($264k), and Singapore ($133k).

Imports In 2022, South Korea imported $71.6M in Non-Knit Men's Undergarments, becoming the 4th largest importer of Non-Knit Men's Undergarments in the world. At the same year, Non-Knit Men's Undergarments was the 587th most imported product in South Korea. South Korea imports Non-Knit Men's Undergarments primarily from: China ($34.9M), Vietnam ($11.4M), Burma ($6M), France ($3.89M), and Indonesia ($2.75M).

The fastest growing import markets in Non-Knit Men's Undergarments for South Korea between 2021 and 2022 were France ($3.88M), Burma ($3.37M), and China ($1.95M).

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-94k(-54.7%)
IMPORT GROWTH (July 2023 - July 2024)$256k(6.15%)
MAIN DESTINATION (July 2024)United States$27k

This section shows Non-Knit Men's Undergarments'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 Non-Knit Men's Undergarments over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.94M
IMPORTS (2022)$71.6M
NET TRADE (2022)-$68.7M

In 2022, South Korea exported $2.94M in Non-Knit Men's Undergarments. The main destinations of South Korea exports on Non-Knit Men's Undergarments were Chile ($579k), United Kingdom ($460k), United States ($400k), Germany ($252k), and Japan ($231k).

In 2022, South Korea imported $71.6M in Non-Knit Men's Undergarments, mainly from China ($34.9M), Vietnam ($11.4M), Burma ($6M), France ($3.89M), and Indonesia ($2.75M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Non-Knit Men's Undergarments EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Chile$429k (286%)
United Kingdom$264k (135%)
Singapore$133k (2.39k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Knit Men's Undergarments BY South Korea WERE (2021 - 2022):
Uzbekistan-$240k (-91.7%)
China-$159k (-63.6%)
United States-$129k (-24.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Non-Knit Men's Undergarments were:
In 2022, South Korea's main importing competitors in Non-Knit Men's Undergarments were:

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Trade Value of Non-Knit Men's Undergarments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $318k
TOP IMPORT POTENTIALBangladesh+ $2.05M

Non-Knit Men's Undergarments’s highest export potential is United States. With an export gap of $318k.   Non-Knit Men's Undergarments’s highest import potential is Bangladesh with an import gap of $2.05M.

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