Fish: dried, salted, smoked or in brine in South Korea | The Observatory of Economic Complexity

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Exports In 2022, South Korea exported $20.9M in Fish: dried, salted, smoked or in brine, making it the 40th largest exporter of Fish: dried, salted, smoked or in brine in the world. At the same year, Fish: dried, salted, smoked or in brine was the 641st most exported product in South Korea. The main destination of Fish: dried, salted, smoked or in brine exports from South Korea are: United States ($12.8M), Japan ($2.93M), Indonesia ($954k), Canada ($866k), and China ($633k).

The fastest growing export markets for Fish: dried, salted, smoked or in brine of South Korea between 2021 and 2022 were Japan ($2.3M), Macau ($138k), and Iraq ($46.8k).

Imports In 2022, South Korea imported $149M in Fish: dried, salted, smoked or in brine, becoming the 15th largest importer of Fish: dried, salted, smoked or in brine in the world. At the same year, Fish: dried, salted, smoked or in brine was the 427th most imported product in South Korea. South Korea imports Fish: dried, salted, smoked or in brine primarily from: Russia ($68M), China ($48.3M), Vietnam ($11.3M), Indonesia ($11M), and Philippines ($3.7M).

The fastest growing import markets in Fish: dried, salted, smoked or in brine for South Korea between 2021 and 2022 were Russia ($60.5M), Vietnam ($3.34M), and Philippines ($1.01M).

COMPANIES In 2023, leading companies such as FORD MOTOR COMPANY (4) were at the forefront of shipping Fish: dried, salted, smoked or in brine from South Korea to the United States.

Latest Trends

March 2024

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Overview In March 2024 South Korea's Fish: dried, salted, smoked or in brine exports accounted up to $2.09M and imports accounted up to $10.4M, resulting in a negative trade balance of $8.35M. Between March 2023 and March 2024 the exports of South Korea's Fish: dried, salted, smoked or in brine have decreased by $-750k (-26.4%) from $2.84M to $2.09M, while imports increased by $2.09M (25.1%) from $8.35M to $10.4M.

Destinations In March 2024, Fish: dried, salted, smoked or in brine were exported mostly to United States ($1.22M), Japan ($533k), Canada ($76k), Vietnam ($46k), and Philippines ($42k), and were imported mostly from Russia ($5.7M), Vietnam ($1.77M), China ($1.09M), Indonesia ($584k), and United States ($352k).

Growth In March 2024, the decrease in Fish: dried, salted, smoked or in brine's year-by-year exports was explained primarily by a decrease in exports to United States ($-768k or -48.4%), Australia ($-16k or -51.6%), and United Arab Emirates ($-2k or -66.7%). In March 2024, the increase in Fish: dried, salted, smoked or in brine's year-by-year imports was explained primarily by an increase in imports from Philippines ($332k or 87.8%), Indonesia ($221k or 121%), and Sri Lanka ($37k or 285%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - March 2024)$-750k(-26.4%)

IMPORT GROWTH (March 2023 - March 2024)$2.09M(25.1%)

MAIN DESTINATION (March 2024)United States$1.22M

This section shows Fish: dried, salted, smoked or in brine'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 Fish: dried, salted, smoked or in brine over time.

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