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Who buys South Korea’s cosmetics? Export destinations 2024

In 2024, South Korea exported $9 billion of cosmetics (274 thousand tonnes), 12.9% of the world total. Its main destinations were China (23%), the United States (19%) and Hong Kong (9%). South Korea was the world’s 2nd-largest exporter of cosmetics.

Summary

Value
$9billion
Tonnes
274thousand tonnes
Share of world total
12.9%
World rank
2nd
Routes to the main destinations. Width: value; color: estimated transport mode.SeaAirLand

Destinations

The 20 main destinations in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
China2Tonnes: 54,566USD per tonne: $37,49222.7%Sea
United States1.7Tonnes: 57,016USD per tonne: $29,35218.6%Sea
Hong Kong re-exports0.83Tonnes: 19,415USD per tonne: $42,8349.2%Sea
Japan0.72Tonnes: 18,837USD per tonne: $38,3038%Sea
Vietnam0.47Tonnes: 14,029USD per tonne: $33,2205.2%Sea
Russia0.32Tonnes: 12,915USD per tonne: $24,9593.6%Sea
Singapore re-exports0.22Tonnes: 4,192USD per tonne: $52,7152.5%Air
Taiwan0.19Tonnes: 11,669USD per tonne: $16,0292.1%Sea
United Kingdom0.17Tonnes: 4,379USD per tonne: $38,1691.9%Sea
Canada0.16Tonnes: 4,017USD per tonne: $40,1611.8%Sea
United Arab Emirates0.16Tonnes: 2,944USD per tonne: $53,7781.8%Air
Thailand0.16Tonnes: 4,640USD per tonne: $33,5101.7%Sea
France0.15Tonnes: 2,362USD per tonne: $62,0361.6%Air
Poland0.14Tonnes: 4,455USD per tonne: $31,4051.6%Sea
Australia0.12Tonnes: 3,567USD per tonne: $33,5771.3%Sea
Germany0.1Tonnes: 3,853USD per tonne: $26,2991.1%Sea
Indonesia0.1Tonnes: 3,211USD per tonne: $31,3241.1%Sea
Malaysia0.08Tonnes: 7,472USD per tonne: $10,7170.89%Sea
Philippines0.08Tonnes: 4,341USD per tonne: $17,3400.84%Sea
Turkey0.07Tonnes: 1,785USD per tonne: $41,6880.83%Sea

Trend

Who it sells to

China has been its main destination since 2014

Value in USD billions. The five largest destinations in 2024.

  • China 2
  • United States 1.7
  • Hong Kong 0.83
  • Japan 0.72
  • Vietnam 0.47

Source: CEPII BACI

Show the numbers
Partner19952024
China< 0.012
United States0.011.7
Hong Kong0.010.83
Japan< 0.010.72
Vietnam< 0.010.47

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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