2022
Exports
$14.3MWorld Rnk 35 / 184
Flag Rnk 687 / 1204
2022
PRODUCT COMPLEXITY IN Knit Men's Coats
-1.3Rnk 907 / 1025
2022
Imports
$66.4MWorld Rnk 13 / 209
Flag Rnk 609 / 1213
2022
ECONOMIC COMPLEXITY of South Korea
1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $14.3M in Knit Men's Coats, making it the 35th largest exporter of Knit Men's Coats in the world. At the same year, Knit Men's Coats was the 687th most exported product in South Korea. The main destination of Knit Men's Coats exports from South Korea are: China ($4.64M), Japan ($2.59M), Hong Kong ($1.37M), Chinese Taipei ($1.1M), and United States ($1.1M).

The fastest growing export markets for Knit Men's Coats of South Korea between 2021 and 2022 were China ($2.56M), Japan ($1.02M), and Hong Kong ($735k).

Imports In 2022, South Korea imported $66.4M in Knit Men's Coats, becoming the 13th largest importer of Knit Men's Coats in the world. At the same year, Knit Men's Coats was the 609th most imported product in South Korea. South Korea imports Knit Men's Coats primarily from: Vietnam ($23.5M), China ($13.2M), Indonesia ($5.3M), Italy ($4.5M), and United States ($2.34M).

The fastest growing import markets in Knit Men's Coats for South Korea between 2021 and 2022 were Indonesia ($3.49M), Philippines ($1.71M), and Vietnam ($1.26M).

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-1.2M(-63.9%)
IMPORT GROWTH (July 2023 - July 2024)$8k(0.22%)
MAIN DESTINATION (July 2024)Japan$237k

This section shows Knit Men's Coats'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 Knit Men's Coats over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$14.3M
IMPORTS (2022)$66.4M
NET TRADE (2022)-$52M

In 2022, South Korea exported $14.3M in Knit Men's Coats. The main destinations of South Korea exports on Knit Men's Coats were China ($4.64M), Japan ($2.59M), Hong Kong ($1.37M), Chinese Taipei ($1.1M), and United States ($1.1M).

In 2022, South Korea imported $66.4M in Knit Men's Coats, mainly from Vietnam ($23.5M), China ($13.2M), Indonesia ($5.3M), Italy ($4.5M), and United States ($2.34M).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Knit Men's Coats EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
China$2.56M (123%)
Japan$1.02M (64.9%)
Hong Kong$735k (115%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Men's Coats BY South Korea WERE (2021 - 2022):
United States-$311k (-22%)
Singapore-$284k (-84.9%)
Indonesia-$240k (-84.5%)

Change in Exports by Market (undefined - undefined)

Market Concentration

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

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Trade Value of Knit Men's Coats by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.09M
TOP IMPORT POTENTIALChina+ $6.32M

Knit Men's Coats’s highest export potential is United States. With an export gap of $1.09M.   Knit Men's Coats’s highest import potential is China with an import gap of $6.32M.

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