2022
Exports
$2.48MWorld Rnk 35 / 172
Flag Rnk 903 / 1204
2022
PRODUCT COMPLEXITY IN Non-Knit Gloves
-1.39Rnk 931 / 1025
2022
Imports
$26.7MWorld Rnk 11 / 215
Flag Rnk 788 / 1213
2022
ECONOMIC COMPLEXITY of South Korea
1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $2.48M in Non-Knit Gloves, making it the 35th largest exporter of Non-Knit Gloves in the world. At the same year, Non-Knit Gloves was the 903rd most exported product in South Korea. The main destination of Non-Knit Gloves exports from South Korea are: United States ($925k), Hong Kong ($305k), China ($122k), Mexico ($102k), and Australia ($99.3k).

The fastest growing export markets for Non-Knit Gloves of South Korea between 2021 and 2022 were United States ($570k), China ($40k), and Egypt ($34.7k).

Imports In 2022, South Korea imported $26.7M in Non-Knit Gloves, becoming the 11th largest importer of Non-Knit Gloves in the world. At the same year, Non-Knit Gloves was the 788th most imported product in South Korea. South Korea imports Non-Knit Gloves primarily from: China ($15.1M), Indonesia ($5.19M), Vietnam ($2.76M), India ($593k), and Italy ($509k).

The fastest growing import markets in Non-Knit Gloves for South Korea between 2021 and 2022 were Indonesia ($3.02M), China ($865k), and Cambodia ($232k).

Latest Trends

September 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$-109k(-41%)
IMPORT GROWTH (September 2023 - September 2024)$-278k(-8.67%)
MAIN DESTINATION (September 2024)Singapore$45k

This section shows Non-Knit Gloves'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 Gloves over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.48M
IMPORTS (2022)$26.7M
NET TRADE (2022)-$24.2M

In 2022, South Korea exported $2.48M in Non-Knit Gloves. The main destinations of South Korea exports on Non-Knit Gloves were United States ($925k), Hong Kong ($305k), China ($122k), Mexico ($102k), and Australia ($99.3k).

In 2022, South Korea imported $26.7M in Non-Knit Gloves, mainly from China ($15.1M), Indonesia ($5.19M), Vietnam ($2.76M), India ($593k), and Italy ($509k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Non-Knit Gloves EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
United States$570k (161%)
China$40k (48.7%)
Egypt$34.7k (137%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Knit Gloves BY South Korea WERE (2021 - 2022):
Hong Kong-$140k (-31.5%)
Mozambique-$99.1k (-99.9%)
Guam-$72.5k (-80.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Non-Knit Gloves by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $392k
TOP IMPORT POTENTIALChina+ $2.76M

Non-Knit Gloves’s highest export potential is United States. With an export gap of $392k.   Non-Knit Gloves’s highest import potential is China with an import gap of $2.76M.

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