The value of exports of commodity group 1806 "Chocolate and other food preparations containing cocoa" from Korea totalled $ 66 million in 2022. Sales of commodity group 1806 from Korea went up by 6.85% compared to 2021: exports of commodity group 1806 "Chocolate and other food preparations containing cocoa" went up by $ 4.28 million (cumulative exports of commodity group 1806 from Korea amounted $62 million in 2021)
Exports of commodity group 1806 "Chocolate and other food preparations containing cocoa" amounted to 0.009% of total exports from Korea (cumulative merchandise exports from Korea totalled $ 683 billion in 2022). The share of commodity group 1806 in total exports from Korea decreased by 0 p.p. compared to 2021 (it was 0.009% in 2021 and cumulative exports from Korea were equal to $ 644 billion).
Exports of commodity group 1806 amounted to 98% of total sales of group "" from Korea in 2022 (the value of exports of commodity group from Korea amounted to $67 million in 2022). The share of exports of commodity group 1806 in sales of commodity group from Korea lowered by 0.071 p.p. compared to 2021 (it was 98% in 2021, and exports of commodity group from Korea were $63 million).
Where does Korea export Chocolate and other food preparations containing cocoa?
Top export destinations of "Chocolate and other food preparations containing cocoa" from Korea in 2022:
- Japan with a share of 60% (40 million US$)
- China with a share of 14.9% (9.99 million US$)
- Australia with a share of 4.26% (2.84 million US$)
- Vietnam with a share of 2.84% (1.9 million US$)
- Philippines with a share of 2.71% (1.81 million US$)
- Other Asia, nes with a share of 2.57% (1.71 million US$)
- Malaysia with a share of 2.38% (1.59 million US$)
- Hong Kong with a share of 2.22% (1.48 million US$)
- Thailand with a share of 1.87% (1.25 million US$)
- USA with a share of 1.08% (722 thousand US$)
Exports structure of 1806 - Chocolate and other food preparations containing cocoa - from Korea in 2022 represented by the following main commodity groups:
- 56% (37 million US$): 180610 - Cocoa powder, cont. added sugar/other sweetening matter
- 26% (17.9 million US$): 180690 - Chocolate and other food preparations containing cocoa; n.e.s. in chapter 18
- 8.67% (5.79 million US$): 180632 - Chocolate & other food preparations cont. cocoa, in blocks/slabs/bars, weighing 2kg/less, not fillled
- 6.96% (4.64 million US$): 180631 - Chocolate & other food preparations cont. cocoa, in blocks/slabs/bars, weighing 2kg/less, filled
- 0.813% (543 thousand US$): 180620 - Chocolate & other food preparations cont. cocoa (excl. of 1803.10-1806.10), in blocks/slabs/bars weighing >2kg
The value of imports of commodity group 1806 "Chocolate and other food preparations containing cocoa" to Korea totalled $ 363 million in 2022. Sales of commodity group 1806 to Korea went up by 1.83% compared to 2021: imports of commodity group 1806 "Chocolate and other food preparations containing cocoa" went up by $ 6.54 million (the value of imports of commodity group 1806 to Korea was equal to $356 million in 2021)
Imports of commodity group 1806 "Chocolate and other food preparations containing cocoa" accounted for 0.049% of total import flow to Korea (in 2022, total imports to Korea amounted to $ 731 billion). The share of commodity group 1806 in total imports to Korea decreased by 0.008 p.p. compared to 2021 (it was 0.057% in 2021 and cumulative imports to Korea were equal to $ 615 billion).
Imports of commodity group 1806 reached 81% of total imports of group "" to Korea in 2022 (imports of commodity group to Korea totalled $445 million in 2022). The share of purchases of commodity group 1806 in imports of commodity group to Korea went down by 1.19 p.p. compared to 2021 (it was 82% in 2021, and imports of commodity group to Korea accounted for $430 million).
Where does Korea import Chocolate and other food preparations containing cocoa from?
Top trading partners (import of "Chocolate and other food preparations containing cocoa") of Korea in 2022:
- USA with a share of 23% (85 million US$)
- Belgium with a share of 9.92% (36 million US$)
- Italy with a share of 9.87% (35 million US$)
- Malaysia with a share of 8.87% (32 million US$)
- Singapore with a share of 7.93% (28 million US$)
- China with a share of 7.92% (28 million US$)
- Germany with a share of 6.67% (24 million US$)
- Netherlands with a share of 4.61% (16.7 million US$)
- France with a share of 3.18% (11.5 million US$)
- Switzerland with a share of 2.1% (7.64 million US$)
Imports structure of 1806 - Chocolate and other food preparations containing cocoa - to Korea in 2022 represented by the following main commodity groups:
- 40% (146 million US$): 180690 - Chocolate and other food preparations containing cocoa; n.e.s. in chapter 18
- 28% (102 million US$): 180620 - Chocolate & other food preparations cont. cocoa (excl. of 1803.10-1806.10), in blocks/slabs/bars weighing >2kg
- 15.4% (56 million US$): 180631 - Chocolate & other food preparations cont. cocoa, in blocks/slabs/bars, weighing 2kg/less, filled
- 14.1% (51 million US$): 180632 - Chocolate & other food preparations cont. cocoa, in blocks/slabs/bars, weighing 2kg/less, not fillled
- 1.78% (6.46 million US$): 180610 - Cocoa powder, cont. added sugar/other sweetening matter