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2022
Exports $59.5MWorld Rnk 26 / 212
Flag Rnk 459 / 1204
2022
Destination $1.36M China
2021 - 2022
FASTEST GROWING MARKET $1.36MItaly
2022
PRODUCT COMPLEXITY IN Non-Knit Women's Shirts-0.98Rnk 833 / 1025
2022
Imports $250MWorld Rnk 11 / 221
Flag Rnk 307 / 1213
2022
Origin $4.42M China
2021 - 2022
FASTEST GROWING ORIGIN $4.42MBangladesh
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $59.5M in Non-Knit Women's Shirts, making it the 26th largest exporter of Non-Knit Women's Shirts in the world. At the same year, Non-Knit Women's Shirts was the 459th most exported product in South Korea. The main destination of Non-Knit Women's Shirts exports from South Korea are: China ($30.2M), Japan ($11M), Chinese Taipei ($4.67M), United States ($3.34M), and Hong Kong ($2.5M).

The fastest growing export markets for Non-Knit Women's Shirts of South Korea between 2021 and 2022 were Italy ($1.36M), United States ($1.28M), and Hong Kong ($739k).

Imports In 2022, South Korea imported $250M in Non-Knit Women's Shirts, becoming the 11th largest importer of Non-Knit Women's Shirts in the world. At the same year, Non-Knit Women's Shirts was the 307th most imported product in South Korea. South Korea imports Non-Knit Women's Shirts primarily from: China ($118M), Vietnam ($53.4M), Italy ($12.3M), Bangladesh ($8.84M), and Burma ($6.24M).

The fastest growing import markets in Non-Knit Women's Shirts for South Korea between 2021 and 2022 were Bangladesh ($4.42M), Vietnam ($3.37M), and Italy ($2.38M).

Latest Trends

July 2024

About

Overview In July 2024 South Korea's Non-Knit Women's Shirts exports accounted up to $4.51M and imports accounted up to $31.9M, resulting in a negative trade balance of $27.4M. Between July 2023 and July 2024 the exports of South Korea's   Non-Knit Women's Shirts have decreased by $-430k (-8.71%) from $4.94M to $4.51M, while imports increased by $6.8M (27.1%) from $25.1M to $31.9M.

Destinations In July 2024, Non-Knit Women's Shirts were exported mostly to China ($2.48M), Japan ($881k), Thailand ($192k), United States ($177k), and Hong Kong ($175k), and were imported mostly from China ($17.8M), Vietnam ($4.59M), Italy ($1.96M), India ($1.45M), and Morocco ($753k).

Growth In July 2024, the decrease in Non-Knit Women's Shirts's year-by-year exports was explained primarily by a decrease in exports to Chinese Taipei ($-580k or -89%), Italy ($-337k or -93.1%), and Hong Kong ($-304k or -60.9%). In July 2024, the increase in Non-Knit Women's Shirts's year-by-year imports was explained primarily by an increase in imports from Vietnam ($3.37M or 116%), India ($279k or 35.7%), and Bangladesh ($237k or 141%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-430k(-8.71%)
IMPORT GROWTH (July 2023 - July 2024)$6.8M(27.1%)
MAIN DESTINATION (July 2024)China$2.48M

This section shows Non-Knit Women's Shirts'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 Women's Shirts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$59.5M
IMPORTS (2022)$250M
NET TRADE (2022)-$190M

In 2022, South Korea exported $59.5M in Non-Knit Women's Shirts. The main destinations of South Korea exports on Non-Knit Women's Shirts were China ($30.2M), Japan ($11M), Chinese Taipei ($4.67M), United States ($3.34M), and Hong Kong ($2.5M).

In 2022, South Korea imported $250M in Non-Knit Women's Shirts, mainly from China ($118M), Vietnam ($53.4M), Italy ($12.3M), Bangladesh ($8.84M), and Burma ($6.24M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Non-Knit Women's Shirts EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Italy$1.36M (336%)
United States$1.28M (61.9%)
Hong Kong$739k (41.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Knit Women's Shirts BY South Korea WERE (2021 - 2022):
China-$760k (-2.46%)
Vietnam-$398k (-33.2%)
Japan-$352k (-3.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Non-Knit Women's Shirts were:
China $2.79B
India $1.28B
Bangladesh $903M
In 2022, South Korea's main importing competitors in Non-Knit Women's Shirts were:
United States $2.26B
Germany $1.37B
Spain $880M

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Trade Value of Non-Knit Women's Shirts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.42M
TOP IMPORT POTENTIALChina+ $19.1M

Non-Knit Women's Shirts’s highest export potential is United States. With an export gap of $3.42M.   Non-Knit Women's Shirts’s highest import potential is China with an import gap of $19.1M.

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