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2022
Exports $66.8MWorld Rnk 29 / 189
Flag Rnk 439 / 1204
2022
Destination $2.66M Hong Kong
2021 - 2022
FASTEST GROWING MARKET $2.66MVietnam
2022
PRODUCT COMPLEXITY IN Other Fruits-1.36Rnk 924 / 1025
2022
Imports $195MWorld Rnk 17 / 220
Flag Rnk 370 / 1213
2022
Origin $5.81M New Zealand
2021 - 2022
FASTEST GROWING ORIGIN $5.81MNew Zealand
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $66.8M in Other Fruits, making it the 29th largest exporter of Other Fruits in the world. At the same year, Other Fruits was the 439th most exported product in South Korea. The main destination of Other Fruits exports from South Korea are: Hong Kong ($16.6M), Singapore ($13.1M), Vietnam ($10.5M), Thailand ($8.94M), and Malaysia ($5.31M).

The fastest growing export markets for Other Fruits of South Korea between 2021 and 2022 were Vietnam ($2.66M), Philippines ($1.7M), and Thailand ($718k).

Imports In 2022, South Korea imported $195M in Other Fruits, becoming the 17th largest importer of Other Fruits in the world. At the same year, Other Fruits was the 370th most imported product in South Korea. South Korea imports Other Fruits primarily from: New Zealand ($145M), Chile ($21.8M), United States ($11M), Vietnam ($9.05M), and Thailand ($5.91M).

The fastest growing import markets in Other Fruits for South Korea between 2021 and 2022 were New Zealand ($5.81M), Vietnam ($2.69M), and Thailand ($1.11M).

Latest Trends

September 2024

About

Overview In September 2024 South Korea's Other Fruits exports accounted up to $11k and imports accounted up to $16.7M, resulting in a negative trade balance of $16.6M. Between September 2023 and September 2024 the exports of South Korea's   Other Fruits have decreased by $-2k (-15.4%) from $13k to $11k, while imports decreased by $-9.03M (-35.1%) from $25.7M to $16.7M.

Destinations In September 2024, Other Fruits were exported mostly to Hong Kong ($5k), Kuwait ($3k), United Arab Emirates ($2k), Mongolia ($1k), and China ($0), and were imported mostly from New Zealand ($13.6M), Vietnam ($1.34M), Chile ($806k), Thailand ($451k), and United States ($413k).

Growth In September 2024, the decrease in Other Fruits's year-by-year exports was explained primarily by a decrease in exports to Vietnam ($-209k or -12.4%), Canada ($-98k or -28.9%), and Malaysia ($-49k or -6.15%). In September 2024, the decrease in Other Fruits's year-by-year imports was explained primarily by a decrease in imports from Greece ($-120k or -21.2%) and Thailand ($-30k or -48.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$-2k(-15.4%)
IMPORT GROWTH (September 2023 - September 2024)$-9.03M(-35.1%)
MAIN DESTINATION (September 2024)Hong Kong$5k

This section shows Other Fruits'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 Other Fruits over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$66.8M
IMPORTS (2022)$195M
NET TRADE (2022)-$128M

In 2022, South Korea exported $66.8M in Other Fruits. The main destinations of South Korea exports on Other Fruits were Hong Kong ($16.6M), Singapore ($13.1M), Vietnam ($10.5M), Thailand ($8.94M), and Malaysia ($5.31M).

In 2022, South Korea imported $195M in Other Fruits, mainly from New Zealand ($145M), Chile ($21.8M), United States ($11M), Vietnam ($9.05M), and Thailand ($5.91M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Fruits EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Vietnam$2.66M (33.9%)
Philippines$1.7M (76.6%)
Thailand$718k (8.74%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Fruits BY South Korea WERE (2021 - 2022):
Hong Kong-$5.83M (-25.9%)
Singapore-$2.63M (-16.8%)
Canada-$341k (-20%)
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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 Other Fruits were:
Thailand $3.94B
Spain $2.1B
Mexico $2.04B
In 2022, South Korea's main importing competitors in Other Fruits were:
China $5.61B
United States $3.44B
Germany $1.81B

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Trade Value of Other Fruits by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $1.31M
TOP IMPORT POTENTIALThailand+ $7.66M

Other Fruits’s highest export potential is Canada. With an export gap of $1.31M.   Other Fruits’s highest import potential is Thailand with an import gap of $7.66M.

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