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2022
Exports $6.04MWorld Rnk 30 / 188
Flag Rnk 800 / 1204
2022
Destination $347k United States
2021 - 2022
FASTEST GROWING MARKET $347kMexico
2022
PRODUCT COMPLEXITY IN Scarves-1.05Rnk 846 / 1025
2022
Imports $147MWorld Rnk 6 / 217
Flag Rnk 429 / 1213
2022
Origin $26.5M China
2021 - 2022
FASTEST GROWING ORIGIN $26.5MChina
2022
ECONOMIC COMPLEXITY of South Korea1.78Rnk 4 / 133

About

Exports In 2022, South Korea exported $6.04M in Scarves, making it the 30th largest exporter of Scarves in the world. At the same year, Scarves was the 800th most exported product in South Korea. The main destination of Scarves exports from South Korea are: United States ($1.15M), Hong Kong ($879k), Japan ($659k), Mexico ($467k), and United Kingdom ($425k).

The fastest growing export markets for Scarves of South Korea between 2021 and 2022 were Mexico ($347k), Nigeria ($258k), and United Kingdom ($129k).

Imports In 2022, South Korea imported $147M in Scarves, becoming the 6th largest importer of Scarves in the world. At the same year, Scarves was the 429th most imported product in South Korea. South Korea imports Scarves primarily from: China ($70.7M), Italy ($37.9M), France ($24.2M), Sweden ($2.42M), and United Kingdom ($2.15M).

The fastest growing import markets in Scarves for South Korea between 2021 and 2022 were China ($26.5M), France ($14.2M), and Sweden ($959k).

Latest Trends

September 2024

About

Overview In September 2024 South Korea's Scarves exports accounted up to $721k and imports accounted up to $16.7M, resulting in a negative trade balance of $16M. Between September 2023 and September 2024 the exports of South Korea's   Scarves have increased by $443k (159%) from $278k to $721k, while imports decreased by $-564k (-3.26%) from $17.3M to $16.7M.

Destinations In September 2024, Scarves were exported mostly to China ($245k), United States ($86k), Japan ($58k), Hong Kong ($57k), and Mexico ($49k), and were imported mostly from Italy ($7.33M), China ($6.64M), United Kingdom ($1.11M), France ($739k), and Vietnam ($302k).

Growth In September 2024, the increase in Scarves's year-by-year exports was explained primarily by an increase in exports to Mexico ($42k or 467%), China ($24k or 400%), and Nepal ($21k or 2.1k%). In September 2024, the decrease in Scarves's year-by-year imports was explained primarily by a decrease in imports from France ($-670k or -62.5%), China ($-584k or -32.8%), and United Kingdom ($-543k or -37.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$443k(159%)
IMPORT GROWTH (September 2023 - September 2024)$-564k(-3.26%)
MAIN DESTINATION (September 2024)China$245k

This section shows Scarves'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 Scarves over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$6.04M
IMPORTS (2022)$147M
NET TRADE (2022)-$141M

In 2022, South Korea exported $6.04M in Scarves. The main destinations of South Korea exports on Scarves were United States ($1.15M), Hong Kong ($879k), Japan ($659k), Mexico ($467k), and United Kingdom ($425k).

In 2022, South Korea imported $147M in Scarves, mainly from China ($70.7M), Italy ($37.9M), France ($24.2M), Sweden ($2.42M), and United Kingdom ($2.15M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scarves EXPORT MARKETS FOR South Korea WERE (2021 - 2022):
Mexico$347k (290%)
Nigeria$258k (239%)
United Kingdom$129k (43.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scarves BY South Korea WERE (2021 - 2022):
United States-$1.56M (-57.5%)
Japan-$317k (-32.5%)
Hong Kong-$266k (-23.2%)
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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 Scarves were:
China $1.28B
France $559M
Italy $518M
In 2022, South Korea's main importing competitors in Scarves were:
United States $387M
France $296M
Germany $214M

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Trade Value of Scarves by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $567k
TOP IMPORT POTENTIALChina+ $8.4M

Scarves’s highest export potential is United States. With an export gap of $567k.   Scarves’s highest import potential is China with an import gap of $8.4M.

See methodology.

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