Market research

Raw silk market in South Korea

Raw silk market in South Korea

Release date: Mar 30, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

Report language:
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File format: docx, xlsx

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Earlier Report Observations

South Korea's raw silk market volume contracted significantly, from 182 t in 2018 to 83 t in 2023. This decline was driven entirely by a steep and consistent fall in imports, which dropped from 184 t to 82 t over the same six-year period. Domestic production remained negligible at just 1 t each year, contributing little to the total supply.

The market's downward trajectory continued into 2024, with imports declining further to 67 t. Exports, which were minimal at 2.5 t in 2018, fell to zero from 2019 onward, reflecting the market's overall contraction and reduced trade activity for this commodity.

Table of content

  1. 1. Disclaimer
  2. 2. Terms of use of the report
  3. 3. Product codes in the statistical classifications used in the report
  4. 4. Key Market Indicators and Trends
    1. 4.1. Key Market Indicators
      1. 4.1.1. In kind
        1. 4.1.1.1. Production, 2018-2023
        2. 4.1.1.2. Imports, 2018-2024
        3. 4.1.1.3. Exports, 2018-2024
        4. 4.1.1.4. Market size, 2018-2023
    2. 4.2. Market Trends and Factors
  5. 5. Production
    1. 5.1. Production in South Korea
      1. 5.1.1. Annual dynamics of production in South Korea in kind, 2018-2023, kg
      2. 5.1.2. Annual dynamics of production in South Korea in value, 2018-2023, $ US
    2. 5.2. Global production by Country, 2018-2023
      1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, kg
      2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
      3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, kg
      4. 5.2.4. Structure of production by countries in kind, 2018-2023
      5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
  6. 6. Exports
    1. 6.1. Exports (Direct Data)
      1. 6.1.1. Exports - Total information
      2. 6.1.2. Exports in kind, t
        1. 6.1.2.1. Annual dynamics of product's exports from South Korea in kind, 2018-2024, t
        2. 6.1.2.2. Dynamics of product's exports in kind from South Korea by countries, 2018-2024, t
        3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
      3. 6.1.3. Exports in value, K $ US
        1. 6.1.3.1. Annual dynamics of product's exports from South Korea in value, 2018-2024, K $ US
        2. 6.1.3.2. Dynamics of product's exports in value from South Korea by countries, 2018-2024, K $ US
        3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
      4. 6.1.4. Average price of product's exports, $ US/kg
        1. 6.1.4.1. Annual dynamics of average price of product's exports from South Korea, 2018-2024, $ US/kg
        2. 6.1.4.2. Dynamics of average price of product's exports from South Korea by countries, 2018-2024, $ US/kg
    2. 6.2. Exports (Mirror Data)
      1. 6.2.1. Exports - Total information
      2. 6.2.2. Exports in kind, t
        1. 6.2.2.1. Annual dynamics of product's exports from South Korea in kind, 2018-2024, t
        2. 6.2.2.2. Dynamics of product's exports in kind from South Korea by countries, 2018-2024, t
        3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
      3. 6.2.3. Exports in value, K $ US
        1. 6.2.3.1. Annual dynamics of product's exports from South Korea in value, 2018-2024, K $ US
        2. 6.2.3.2. Dynamics of product's exports in value from South Korea by countries, 2018-2024, K $ US
        3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
      4. 6.2.4. Average price of product's exports, $ US/kg
        1. 6.2.4.1. Annual dynamics of average price of product's exports from South Korea, 2018-2024, $ US/kg
        2. 6.2.4.2. Dynamics of average price of product's exports from South Korea by countries, 2018-2024, $ US/kg
  7. 7. Imports
    1. 7.1. Imports (Direct Data)
      1. 7.1.1. Imports - Total information
      2. 7.1.2. Imports in kind, t
        1. 7.1.2.1. Annual dynamics of product's imports to South Korea in kind, 2018-2024, t
        2. 7.1.2.2. Dynamics of product's imports in kind to South Korea by countries, 2018-2024, t
        3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
      3. 7.1.3. Imports in value, K $ US
        1. 7.1.3.1. Annual dynamics of product's imports to South Korea in value, 2018-2024, K $ US
        2. 7.1.3.2. Dynamics of product's imports in value to South Korea by countries, 2018-2024, K $ US
        3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
      4. 7.1.4. Average price of product's imports, $ US/kg
        1. 7.1.4.1. Annual dynamics of average price of product's imports to South Korea, 2018-2024, $ US/kg
        2. 7.1.4.2. Dynamics of average price of product's imports to South Korea by countries, 2018-2024, $ US/kg
    2. 7.2. Imports (Mirror Data)
      1. 7.2.1. Imports - Total information
      2. 7.2.2. Imports in kind, t
        1. 7.2.2.1. Annual dynamics of product's imports to South Korea in kind, 2018-2024, t
        2. 7.2.2.2. Dynamics of product's imports in kind to South Korea by countries, 2018-2024, t
        3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
      3. 7.2.3. Imports in value, K $ US
        1. 7.2.3.1. Annual dynamics of product's imports to South Korea in value, 2018-2024, K $ US
        2. 7.2.3.2. Dynamics of product's imports in value to South Korea by countries, 2018-2024, K $ US
        3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
      4. 7.2.4. Average price of product's imports, $ US/kg
        1. 7.2.4.1. Annual dynamics of average price of product's imports to South Korea, 2018-2024, $ US/kg
        2. 7.2.4.2. Dynamics of average price of product's imports to South Korea by countries, 2018-2024, $ US/kg
  8. 8. Trade balance
    1. 8.1. Trade balance (Direct Data)
      1. 8.1.1. In kind, t
      2. 8.1.2. In value, K $ US
    2. 8.2. Trade balance (Mirror Data)
      1. 8.2.1. In kind, t
      2. 8.2.2. In value, K $ US
  9. 9. Top buying and selling countries, 2018-2024
    1. 9.1. Direct Data
      1. 9.1.1. Import in Value by Countries-buyers
      2. 9.1.2. Export in Value by Countries-suppliers
    2. 9.2. Mirror Data
      1. 9.2.1. Import in Value by Countries-buyers
      2. 9.2.2. Export in Value by Countries-suppliers

Production raw silk in South Korea

In kind, 2017-2020, kg

Globally, South Korea ranked as the 22nd largest producer of raw silk from 2017 to 2020.

Top producers of raw silk, 2017-2020

Source: SHEV.io

World map of production of raw silk, 2017-2020

Source: SHEV.io

In 2020, South Korea produced 1 000 kg of raw silk, maintaining the same level as in 2019. The most significant change occurred in 2018, with both the largest decline and increase recorded at 0.0%.

Annual dynamics of production in South Korea in kind, 2017-2020, kg

Parameter201820192020CAGR
1Change from last year----
Source: SHEV.io

Exports raw silk from South Korea

Exports in kind, t

The market exhibited considerable volatility during this period. Export volumes fluctuated dramatically, with a peak of 2.5 t in 2018 and a low of 0.0 t in 2020, representing an 86-fold difference. In 2020, exports from South Korea fell sharply by 26.4% compared to 2019. The largest decline was observed in 2019 at 98.4%, while the largest increase occurred in 2018 at 748.4%.

Annual dynamics of product's exports from South Korea in kind, 2017-2020, t

Parameter201820192020CAGR
1Change from last year748.4%(98.4%)(26.4%)(53.8%)
Source: SHEV.io

From 2017 to 2020, China and Thailand were the two leading markets for South Korea's raw silk exports, together accounting for 81.7% of the total volume. The remaining exports were distributed among a variety of other countries.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from South Korea in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

The market showed high volatility over these years. The highest export value was recorded in 2018 at 148 K $ US, while the lowest was in 2020 at 3 K $ US, with a peak-to-trough ratio of 43 times. In 2020, South Korea's raw silk exports contracted sharply by 76.7% year-over-year. The largest decline occurred in 2019 at 90.0%, and the largest increase was in 2018 at 135.6%.

Annual dynamics of product's exports from South Korea in value, 2017-2020, K $ US

Parameter201820192020CAGR
1Change from last year135.6%(90.0%)(76.7%)(62.0%)
Source: SHEV.io

Between 2017 and 2020, Thailand was the dominant buyer of raw silk from South Korea in value terms, representing 81.7% of total exports. Other countries accounted for the remaining share.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from South Korea in value, 2017-2020

Source: SHEV.io

Imports raw silk to South Korea

Imports in kind, t

South Korea's raw silk imports declined for the third consecutive year. In 2020, imports reached 112.5 t, down 18.5% from 2019. Over the 2017-2020 period, imports decreased by 58.4%, with a compound annual growth rate of -25.4%.

Annual dynamics of product's imports to South Korea in kind, 2017-2020, t

Parameter201820192020CAGR
1Change from last year(32.2%)(24.8%)(18.5%)(25.4%)
Source: SHEV.io

From 2017 to 2020, China was the primary source for South Korea's raw silk imports in volume, accounting for 84.8% of the total. The rest was sourced from various smaller markets.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to South Korea in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

South Korea's raw silk imports fell for the third year in a row. In 2020, imports totaled 5 686 K $ US, a 26.2% decrease compared to 2019. Between 2017 and 2020, imports dropped by 62%, equivalent to an annualized rate of -27.6%.

Annual dynamics of product's imports to South Korea in value, 2017-2020, K $ US

Parameter201820192020CAGR
1Change from last year(15.0%)(39.4%)(26.2%)(27.6%)
Source: SHEV.io

During 2017-2020, China accounted for 85.8% of South Korea's raw silk imports by value. The remaining imports were spread across multiple smaller trading partners.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to South Korea in value, 2017-2020

Source: SHEV.io

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