Flavored Water in South Korea | The Observatory of Economic Complexity

About

Exports In 2022, South Korea exported $652M in Flavored Water, making it the 12th largest exporter of Flavored Water in the world. At the same year, Flavored Water was the 138th most exported product in South Korea. The main destination of Flavored Water exports from South Korea are: China ($144M), United States ($105M), Cambodia ($73.7M), Vietnam ($68.8M), and Japan ($24.9M).

The fastest growing export markets for Flavored Water of South Korea between 2021 and 2022 were Vietnam ($24.5M), United States ($11.9M), and Japan ($6.97M).

Imports In 2022, South Korea imported $129M in Flavored Water, becoming the 51st largest importer of Flavored Water in the world. At the same year, Flavored Water was the 456th most imported product in South Korea. South Korea imports Flavored Water primarily from: Germany ($26.2M), Thailand ($19.5M), United States ($11M), Switzerland ($11M), and China ($10.9M).

The fastest growing import markets in Flavored Water for South Korea between 2021 and 2022 were Switzerland ($7.04M), Thailand ($4.88M), and China ($2.77M).

COMPANIES In 2023, leading companies such as DOLLARAMA L.P. (525), WALONG MARKETING INC. (63), and CALLAWAY GOLF COMPANY (22) were at the forefront of shipping Flavored Water from South Korea to the United States.

Latest Trends

February 2024

About

Overview In February 2024 South Korea's Flavored Water exports accounted up to $61.2M and imports accounted up to $8.52M, resulting in a positive trade balance of $52.6M. Between February 2023 and February 2024 the exports of South Korea's Flavored Water have increased by $11.8M (23.8%) from $49.4M to $61.2M, while imports decreased by $-1.28M (-13%) from $9.8M to $8.52M.

Destinations In February 2024, Flavored Water were exported mostly to China ($15.2M), United States ($7.7M), Vietnam ($6.24M), Cambodia ($4.62M), and Hong Kong ($4.56M), and were imported mostly from China ($1.34M), Thailand ($1.19M), United States ($1.07M), Germany ($1.04M), and Indonesia ($648k).

Growth In February 2024, the increase in Flavored Water's year-by-year exports was explained primarily by an increase in exports to Hong Kong ($1.72M or 228%), Vietnam ($405k or 12.8%), and Germany ($309k or 423%). In February 2024, the decrease in Flavored Water's year-by-year imports was explained primarily by a decrease in imports from Italy ($-779k or -73.6%), Switzerland ($-443k or -99.1%), and United States ($-77k or -5.35%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$11.8M(23.8%)

IMPORT GROWTH (February 2023 - February 2024)$-1.28M(-13%)

MAIN DESTINATION (February 2024)China$15.2M

This section shows Flavored Water'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 Flavored Water over time.

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