Non-Knit Women's Suits in South Korea | The Observatory of Economic Complexity

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Exports In 2022, South Korea exported $208M in Non-Knit Women's Suits, making it the 33rd largest exporter of Non-Knit Women's Suits in the world. At the same year, Non-Knit Women's Suits was the 271st most exported product in South Korea. The main destination of Non-Knit Women's Suits exports from South Korea are: China ($109M), Japan ($22M), Hong Kong ($20.3M), Chinese Taipei ($13.4M), and United States ($12.2M).

The fastest growing export markets for Non-Knit Women's Suits of South Korea between 2021 and 2022 were United States ($3.46M), Canada ($3.05M), and Hong Kong ($2.4M).

Imports In 2022, South Korea imported $2.07B in Non-Knit Women's Suits, becoming the 10th largest importer of Non-Knit Women's Suits in the world. At the same year, Non-Knit Women's Suits was the 45th most imported product in South Korea. South Korea imports Non-Knit Women's Suits primarily from: China ($1.3B), Vietnam ($342M), Italy ($82.8M), Bangladesh ($47.5M), and France ($41M).

The fastest growing import markets in Non-Knit Women's Suits for South Korea between 2021 and 2022 were China ($242M), Vietnam ($52.9M), and Bangladesh ($15.5M).

COMPANIES In 2023, leading companies such as MAHLE BEHR DAYTON L.L.C. (33) were at the forefront of shipping Non-Knit Women's Suits from South Korea to the United States.

Latest Trends

February 2024

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Overview In February 2024 South Korea's Non-Knit Women's Suits exports accounted up to $15.8M and imports accounted up to $133M, resulting in a negative trade balance of $117M. Between February 2023 and February 2024 the exports of South Korea's Non-Knit Women's Suits have decreased by $-6.54M (-29.3%) from $22.3M to $15.8M, while imports decreased by $-234k (-0.18%) from $133M to $133M.

Destinations In February 2024, Non-Knit Women's Suits were exported mostly to China ($8.07M), Japan ($1.5M), United States ($1.36M), Hong Kong ($1.04M), and Chinese Taipei ($1.03M), and were imported mostly from China ($42.3M), Vietnam ($39.6M), Italy ($10.7M), Bangladesh ($8.18M), and Burma ($4.97M).

Growth In February 2024, the decrease in Non-Knit Women's Suits's year-by-year exports was explained primarily by a decrease in exports to China ($-2.93M or -29.8%), Hong Kong ($-1.58M or -50.9%), and Japan ($-1.12M or -39.8%). In February 2024, the decrease in Non-Knit Women's Suits's year-by-year imports was explained primarily by a decrease in imports from China ($-11.9M or -15.9%), Romania ($-311k or -22.8%), and India ($-290k or -25.8%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$-6.54M(-29.3%)

IMPORT GROWTH (February 2023 - February 2024)$-234k(-0.18%)

MAIN DESTINATION (February 2024)China$8.07M

This section shows Non-Knit Women's Suits'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 Non-Knit Women's Suits over time.

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