Sign In
Pricing

2022
Exports $12.8MWorld Rnk 9 / 113
Flag Rnk 702 / 1204
2022
Destination $336k United States
2021 - 2022
FASTEST GROWING MARKET $336kMalaysia
2022
Imports $10.7MWorld Rnk 11 / 161
Flag Rnk 932 / 1213
2022
Origin $1.85M United States
2021 - 2022
FASTEST GROWING ORIGIN $1.85MUnited States
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $12.8M in Parachutes, making it the 9th largest exporter of Parachutes in the world. At the same year, Parachutes was the 702nd most exported product in South Korea. The main destination of Parachutes exports from South Korea are: United States ($1.92M), Malaysia ($1.67M), France ($1.45M), Germany ($831k), and China ($739k).

The fastest growing export markets for Parachutes of South Korea between 2021 and 2022 were Malaysia ($336k), Chinese Taipei ($231k), and Spain ($223k).

Imports In 2022, South Korea imported $10.7M in Parachutes, becoming the 11th largest importer of Parachutes in the world. At the same year, Parachutes was the 932nd most imported product in South Korea. South Korea imports Parachutes primarily from: United States ($3.82M), China ($3.03M), Vietnam ($1.99M), Thailand ($636k), and United Kingdom ($380k).

The fastest growing import markets in Parachutes for South Korea between 2021 and 2022 were United States ($1.85M), Vietnam ($935k), and China ($229k).

Latest Trends

July 2024

About

Overview In July 2024 South Korea's Parachutes exports accounted up to $1.16M and imports accounted up to $904k, resulting in a positive trade balance of $251k. Between July 2023 and July 2024 the exports of South Korea's   Parachutes have increased by $352k (43.8%) from $803k to $1.16M, while imports increased by $220k (32.2%) from $684k to $904k.

Destinations In July 2024, Parachutes were exported mostly to Singapore ($498k), Germany ($100k), United States ($80k), France ($66k), and China ($49k), and were imported mostly from United States ($237k), China ($225k), United Kingdom ($218k), Vietnam ($88k), and Thailand ($71k).

Growth In July 2024, the increase in Parachutes's year-by-year exports was explained primarily by an increase in exports to China ($86k or 297%), Malaysia ($26k or 1.3k%), and Spain ($20k or 11.4%). In July 2024, the increase in Parachutes's year-by-year imports was explained primarily by an increase in imports from Italy ($64k or 533%), Thailand ($53k or 143%), and France ($30k or 3k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$352k(43.8%)
IMPORT GROWTH (July 2023 - July 2024)$220k(32.2%)
MAIN DESTINATION (July 2024)Singapore$498k

This section shows Parachutes'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 Parachutes over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$12.8M
IMPORTS (2022)$10.7M
NET TRADE (2022)$2.08M

In 2022, South Korea exported $12.8M in Parachutes. The main destinations of South Korea exports on Parachutes were United States ($1.92M), Malaysia ($1.67M), France ($1.45M), Germany ($831k), and China ($739k).

In 2022, South Korea imported $10.7M in Parachutes, mainly from United States ($3.82M), China ($3.03M), Vietnam ($1.99M), Thailand ($636k), and United Kingdom ($380k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Parachutes EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Malaysia$336k (25.2%)
Chinese Taipei$231k (3.76k%)
Spain$223k (50.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Parachutes BY South Korea WERE (2021 - 2022):
Switzerland-$390k (-41.6%)
Israel-$264k (-99.2%)
Germany-$241k (-22.5%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Korea's main exporting competitors in Parachutes were:
United States $127M
Vietnam $37.5M
United Kingdom $29.9M
In 2022, South Korea's main importing competitors in Parachutes were:
United States $57.3M
France $43.1M
Germany $39.7M

Explore Visualizations

Trade Value of Parachutes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $293k
TOP IMPORT POTENTIALFrance+ $128k

Parachutes’s highest export potential is United States. With an export gap of $293k.   Parachutes’s highest import potential is France with an import gap of $128k.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms