South Korea coffee extracts export quantities

The volume of coffee extracts shipped by South Korea in 2020 was 32,302 tonnes. In 2019 South Korea shipped 31,327 tonnes of coffee extracts. Through 2019 alone, the demand for South Korea coffee extracts (processed category) has gone up, flactuating by 19.414 pc compared to the year 2018. Between 2017 and 2019, coffee extracts' exports went up by 18.61 pc bringing the nation US$188.32m for the year 2019. South Korea's coffee extracts exports are categorised as:

  • Extracts, essences and concentrates, of coffee (HS code 210111)
  • Preparations with a basis of extracts, essences or concentrates of coffee or with a basis of coffee (HS code 210112)

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South Korea coffee extracts export values

In 2019, South Korea supplied coffee extracts valued at 188.32m USD, a growth of 10.09% from 2018's total coffee extracts export of 171.056m USD. The annual change in value of South Korea coffee extracts between 2017 to 2018 was -3.869 pc.

The yearly change in the amount of South Korea's coffee extracts exports between 2017 and 2019 was 18.61 per cent in comparison to a variation of 19.414% in the period between 2018 and 2019.

South Korea's stake of the world's total coffee extracts' exports in 2019 was less than 1%. The country holds position 81 in world exports of coffee extracts.

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Export markets for South Korea coffee extracts ( in '000$ )

South Korea's best performing destinations for coffee extracts are South Africa, Thailand, Israel, Poland and Australia.

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Import/Export Trends

South Korea is a net importer of coffee extracts. The annual growth of South Korea coffee extracts in value between 2015 to 2019 was -22%, per year, while annual growth in quantity during the same period was -37%, per annum.

South Korea imported 8,662 tonnes of coffee extracts in 2019.