Knit Women's Coats in South Korea | The Observatory of Economic Complexity

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Exports In 2022, South Korea exported $8.03M in Knit Women's Coats, making it the 44th largest exporter of Knit Women's Coats in the world. At the same year, Knit Women's Coats was the 760th most exported product in South Korea. The main destination of Knit Women's Coats exports from South Korea are: China ($4.07M), Japan ($719k), Chinese Taipei ($707k), Hong Kong ($691k), and United States ($499k).

The fastest growing export markets for Knit Women's Coats of South Korea between 2021 and 2022 were Chinese Taipei ($135k), Canada ($125k), and Uzbekistan ($70.2k).

Imports In 2022, South Korea imported $82.2M in Knit Women's Coats, becoming the 15th largest importer of Knit Women's Coats in the world. At the same year, Knit Women's Coats was the 556th most imported product in South Korea. South Korea imports Knit Women's Coats primarily from: China ($26.5M), Vietnam ($20.3M), Italy ($9M), United Kingdom ($6.89M), and Indonesia ($5.27M).

The fastest growing import markets in Knit Women's Coats for South Korea between 2021 and 2022 were United Kingdom ($2.39M), Italy ($1.44M), and Germany ($947k).

Latest Trends

March 2024

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Overview In March 2024 South Korea's Knit Women's Coats exports accounted up to $820k and imports accounted up to $1.52M, resulting in a negative trade balance of $696k. Between March 2023 and March 2024 the exports of South Korea's Knit Women's Coats have decreased by $-210k (-20.4%) from $1.03M to $820k, while imports decreased by $-106k (-6.54%) from $1.62M to $1.52M.

Destinations In March 2024, Knit Women's Coats were exported mostly to China ($389k), United States ($174k), Chinese Taipei ($110k), Japan ($69k), and Hong Kong ($63k), and were imported mostly from Italy ($476k), China ($254k), Indonesia ($181k), Moldova ($164k), and Cambodia ($90k).

Growth In March 2024, the decrease in Knit Women's Coats's year-by-year exports was explained primarily by a decrease in exports to China ($-458k or -62.6%), Singapore ($-8k or -100%), and Italy ($-3k or -42.9%). In March 2024, the decrease in Knit Women's Coats's year-by-year imports was explained primarily by a decrease in imports from Indonesia ($-127k or -57.2%), Bangladesh ($-122k or -96.1%), and Japan ($-86k or -65.6%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - March 2024)$-210k(-20.4%)

IMPORT GROWTH (March 2023 - March 2024)$-106k(-6.54%)

MAIN DESTINATION (March 2024)China$389k

This section shows Knit Women's Coats'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 Knit Women's Coats over time.

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