Trunks and Cases in South Korea | The Observatory of Economic Complexity

About

Exports In 2022, South Korea exported $276M in Trunks and Cases, making it the 26th largest exporter of Trunks and Cases in the world. At the same year, Trunks and Cases was the 230th most exported product in South Korea. The main destination of Trunks and Cases exports from South Korea are: China ($55.3M), United States ($47.7M), Hong Kong ($46M), Japan ($23M), and Germany ($20.3M).

The fastest growing export markets for Trunks and Cases of South Korea between 2021 and 2022 were Hong Kong ($5.83M), Singapore ($2.03M), and Chinese Taipei ($1.99M).

Imports In 2022, South Korea imported $3.28B in Trunks and Cases, becoming the 7th largest importer of Trunks and Cases in the world. At the same year, Trunks and Cases was the 26th most imported product in South Korea. South Korea imports Trunks and Cases primarily from: China ($1.3B), Italy ($1.08B), France ($462M), Vietnam ($113M), and United Kingdom ($50.2M).

The fastest growing import markets in Trunks and Cases for South Korea between 2021 and 2022 were China ($190M), Italy ($151M), and France ($59.2M).

COMPANIES In 2023, leading companies such as CONAIR CORPORATION (1) and TMALL, INC. (1) were at the forefront of shipping Trunks and Cases from South Korea to the United States.

Latest Trends

March 2024

About

Overview In March 2024 South Korea's Trunks and Cases exports accounted up to $24.6M and imports accounted up to $304M, resulting in a negative trade balance of $280M. Between March 2023 and March 2024 the exports of South Korea's Trunks and Cases have decreased by $-8.67M (-26.1%) from $33.3M to $24.6M, while imports decreased by $-40.7M (-11.8%) from $345M to $304M.

Destinations In March 2024, Trunks and Cases were exported mostly to China ($6.76M), Hong Kong ($4.01M), Japan ($3.91M), United States ($2.5M), and Chinese Taipei ($1.35M), and were imported mostly from Italy ($126M), China ($76.8M), France ($60.3M), Spain ($9.69M), and Vietnam ($9.66M).

Growth In March 2024, the decrease in Trunks and Cases's year-by-year exports was explained primarily by a decrease in exports to China ($-3.55M or -58%), Hong Kong ($-2.56M or -67%), and United States ($-2.33M or -50.8%). In March 2024, the decrease in Trunks and Cases's year-by-year imports was explained primarily by a decrease in imports from France ($-16.6M or -24.1%), Italy ($-6.84M or -5.14%), and Spain ($-3.31M or -30.7%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - March 2024)$-8.67M(-26.1%)

IMPORT GROWTH (March 2023 - March 2024)$-40.7M(-11.8%)

MAIN DESTINATION (March 2024)China$6.76M

This section shows Trunks and Cases'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 Trunks and Cases over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$276M

IMPORTS (2022)$3.28B

NET TRADE (2022)-$3B

In 2022, South Korea exported $276M in Trunks and Cases. The main destinations of South Korea exports on Trunks and Cases were China ($55.3M), United States ($47.7M), Hong Kong ($46M), Japan ($23M), and Germany ($20.3M).

In 2022, South Korea imported $3.28B in Trunks and Cases, mainly from China ($1.3B), Italy ($1.08B), France ($462M), Vietnam ($113M), and United Kingdom ($50.2M).

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