Korea | Imports and Exports | World | Silk | Value (US$) and Value Growth, YoY (%) | 2011 - 2022
The value of exports of commodity group 50 "Silk" from Korea totalled $ 27 million in 2022. Sales of commodity group 50 from Korea went up by 36% compared to 2021: exports of commodity group 50 "Silk" went up by $ 7.43 million (cumulative exports of commodity group 50 from Korea amounted $20 million in 2021)
Exports of commodity group 50 "Silk" amounted to 0.004% of total exports from Korea (cumulative merchandise exports from Korea totalled $ 683 billion in 2022). The share of commodity group 50 in total exports from Korea decreased by 0 p.p. compared to 2021 (it was 0.003% in 2021 and cumulative exports from Korea were equal to $ 644 billion).
Where does Korea export Silk?
Top export destinations of "Silk" from Korea in 2022:
- USA with a share of 50% (14.1 million US$)
- United Arab Emirates with a share of 10.2% (2.85 million US$)
- Hong Kong with a share of 6.19% (1.73 million US$)
- China with a share of 6.04% (1.69 million US$)
- Colombia with a share of 4.35% (1.21 million US$)
- Turkey with a share of 2.25% (630 thousand US$)
- Saudi Arabia with a share of 2.17% (608 thousand US$)
- United Kingdom with a share of 2.02% (567 thousand US$)
- Morocco with a share of 1.91% (537 thousand US$)
- Canada with a share of 1.9% (532 thousand US$)
Exports structure of 50 - Silk - from Korea in 2022 represented by the following main commodity groups:
- 99% (27 million US$): 5007 - Woven fabrics of silk or of silk waste
- 0.004% (1.32 thousand US$): 5004 - Silk yarn (other than yarn spun from silk waste) not put up for retail sale
- 0% (50 US$): 5001 - Silk-worm cocoons suitable for reeling
The value of imports of commodity group 50 "Silk" to Korea totalled $ 39 million in 2022. Sales of commodity group 50 to Korea went up by 21% compared to 2021: imports of commodity group 50 "Silk" went up by $ 7.01 million (the value of imports of commodity group 50 to Korea was equal to $32 million in 2021)
Imports of commodity group 50 "Silk" accounted for 0.005% of total import flow to Korea (in 2022, total imports to Korea amounted to $ 731 billion). The share of commodity group 50 in total imports to Korea decreased by 0 p.p. compared to 2021 (it was 0.005% in 2021 and cumulative imports to Korea were equal to $ 615 billion).
Where does Korea import Silk from?
Top trading partners (import of "Silk") of Korea in 2022:
- China with a share of 85% (33 million US$)
- Italy with a share of 5.81% (2.27 million US$)
- Vietnam with a share of 4.3% (1.68 million US$)
- Uzbekistan with a share of 2.99% (1.17 million US$)
- India - 298 thousand US$
- USA - 130 thousand US$
- Japan - 90 thousand US$
- France - 84 thousand US$
- United Kingdom - 52 thousand US$
- Germany - 14.9 thousand US$
Imports structure of 50 - Silk - to Korea in 2022 represented by the following main commodity groups:
- 68% (26 million US$): 5007 - Woven fabrics of silk or of silk waste
- 14.3% (5.6 million US$): 5002 - Raw silk (not thrown)
- 9.64% (3.77 million US$): 5004 - Silk yarn (other than yarn spun from silk waste) not put up for retail sale
- 6.09% (2.38 million US$): 5005 - Yarn spun from silk waste, not put up for retail sale.
- 1.34% (527 thousand US$): 5003 - Silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)
- 0.153% (60 thousand US$): 5006 - Silk yarn and yarn spun from silk waste, put up for retail sale; silk-worm gut
- 0.055% (21 thousand US$): 5001 - Silk-worm cocoons suitable for reeling
