Korea | Imports and Exports | World | Soya beans (soybeans) | Value (US$) and Value Growth, YoY (%) | 2011 - 2022
The value of exports of commodity group 1201 "Soya beans, whether or not broken" from Korea totalled $ 199 thousand in 2022. Sales of commodity group 1201 from Korea decreased by 39% in value terms compared to 2021. exports of commodity group 1201 "Soya beans, whether or not broken" decreased by $ 129 thousand (cumulative exports of commodity group 1201 from Korea amounted $329 thousand in 2021)
Exports of commodity group 1201 amounted to 0.046% of total sales of group "" from Korea in 2022 (the value of exports of commodity group from Korea amounted to $429 million in 2022). The share of exports of commodity group 1201 in sales of commodity group from Korea lowered by 0.034 p.p. compared to 2021 (it was 0.08% in 2021, and exports of commodity group from Korea were $408 million).
Where does Korea export Soya beans, whether or not broken?
Top export destinations of "Soya beans, whether or not broken" from Korea in 2022:
- China with a share of 57% (114 thousand US$)
- USA with a share of 18.5% (37 thousand US$)
- Malaysia with a share of 6.79% (13.5 thousand US$)
- Philippines with a share of 5.05% (10.1 thousand US$)
- Myanmar with a share of 3.6% (7.2 thousand US$)
- Canada with a share of 2.89% (5.79 thousand US$)
- Hong Kong with a share of 1.62% (3.24 thousand US$)
- United Kingdom with a share of 1.21% (2.43 thousand US$)
- New Zealand - 1.57 thousand US$
- United Arab Emirates - 903 US$
Exports structure of 1201 - Soya beans, whether or not broken - from Korea in 2022 represented by the following main commodity groups:
The value of imports of commodity group 1201 "Soya beans, whether or not broken" to Korea totalled $ 944 million in 2022. Sales of commodity group 1201 to Korea went up by 26% compared to 2021: imports of commodity group 1201 "Soya beans, whether or not broken" went up by $ 200 million (the value of imports of commodity group 1201 to Korea was equal to $744 million in 2021)
Imports of commodity group 1201 "Soya beans, whether or not broken" accounted for 0.129% of total import flow to Korea (in 2022, total imports to Korea amounted to $ 731 billion). The share of commodity group 1201 in total imports to Korea increased by 0.008 p.p. compared to 2021 (it was 0.121% in 2021 and cumulative imports to Korea were equal to $ 615 billion).
Imports of commodity group 1201 reached 42% of total imports of group "" to Korea in 2022 (imports of commodity group to Korea totalled $2.19 billion in 2022). The share of purchases of commodity group 1201 in total imports of commodity group to Korea increased by 2.31 p.p. compared to 2021 (it was 40% in 2021, and imports of commodity group to Korea accounted for $1.83 billion).
Where does Korea import Soya beans, whether or not broken from?
Top trading partners (import of "Soya beans, whether or not broken") of Korea in 2022:
- USA with a share of 46% (436 million US$)
- Brazil with a share of 38% (362 million US$)
- China with a share of 10.3% (97 million US$)
- Canada with a share of 3.61% (34 million US$)
- Russia - 8.93 million US$
- Australia - 4.48 million US$
- Austria - 179 thousand US$
- Paraguay - 121 thousand US$
- Ukraine - 83 thousand US$
- Vietnam - 1.18 thousand US$
Imports structure of 1201 - Soya beans, whether or not broken - to Korea in 2022 represented by the following main commodity groups:
