Coffee in   South Korea

Overview In July 2024 South Korea's Coffee exports accounted up to $711k and imports accounted up to $122M, resulting in a negative trade balance of $121M. Between July 2023 and July 2024 the exports of South Korea's   Coffee have increased by $232k (48.4%) from $479k to $711k, while imports increased by $23.2M (23.4%) from $98.9M to $122M.

Destinations In July 2024, Coffee were exported mostly to Singapore ($286k), China ($140k), Malaysia ($83k), United States ($64k), and Chinese Taipei ($51k), and were imported mostly from Brazil ($22M), Ethiopia ($17.1M), Vietnam ($15.4M), Colombia ($13.6M), and Switzerland ($11.3M).

Growth In July 2024, the increase in Coffee's year-by-year exports was explained primarily by an increase in exports to Mongolia ($152k or 507%), United States ($58k or 215%), and Russia ($22k or 81.5%). In July 2024, the increase in Coffee's year-by-year imports was explained primarily by an increase in imports from Brazil ($7.54M or 74.9%), Colombia ($2.23M or 19.7%), and Uganda ($1.84M or 525%).