South Korea cosmetics exports: November 2024
Monthly report, generated from Korea Customs Service statistics
In November 2024, South Korea exported $906.9 million of cosmetics, down 12.2% from October 2024 and up 17.7% from November 2023.
The three largest destinations were China ($188.4 million, 20.8%), the United States ($162.2 million, 17.9%), Japan ($104.9 million, 11.6%).
Compared with November 2023, the largest increases in export value by destination were the United States (+$32.5 million), Japan (+$29.8 million), Russia (+$14.8 million).
The largest decreases by destination were China (-$20.9 million), Vietnam (-$4.9 million), Belgium (-$213,375).
Within the top 10 destinations, the United Arab Emirates moved from 14th to 9th, Indonesia moved from 12th to 10th, Hong Kong moved from 5th to 4th compared with November 2023.
Top destinations
| Rank | Country | Exports | Share | vs October 2024 | vs November 2023 | Rank a year earlier |
|---|---|---|---|---|---|---|
| 1 | China | $188.4M | 20.8% | -44.5% | -10.0% | 1 |
| 2 | United States | $162.2M | 17.9% | -1.3% | +25.0% | 2 |
| 3 | Japan | $104.9M | 11.6% | -2.7% | +39.6% | 3 |
| 4 | Hong Kong | $59.3M | 6.5% | +4.8% | +14.2% | 5 |
| 5 | Vietnam | $48.5M | 5.3% | +6.3% | -9.2% | 4 |
| 6 | Russia | $42.4M | 4.7% | +20.6% | +53.6% | 6 |
| 7 | Taiwan | $29.5M | 3.2% | +10.5% | +14.6% | 7 |
| 8 | Thailand | $22.4M | 2.5% | +21.2% | +32.8% | 8 |
| 9 | United Arab Emirates | $17.2M | 1.9% | -1.5% | +97.8% | 14 |
| 10 | Indonesia | $13.3M | 1.5% | +13.6% | +37.0% | 12 |
| 11 | Singapore | $13.3M | 1.5% | -3.5% | -0.5% | 9 |
| 12 | Malaysia | $13.3M | 1.5% | -7.1% | +21.0% | 11 |
| 13 | United Kingdom | $13.2M | 1.5% | +10.9% | +16.9% | 10 |
| 14 | Poland | $12.9M | 1.4% | +76.2% | +186.3% | 24 |
| 15 | France | $10.7M | 1.2% | +39.7% | +55.7% | 17 |
Largest changes by destination
Change in export value compared with November 2023, ranked by dollar amount.
| Country | November 2024 | November 2023 | Change | % |
|---|---|---|---|---|
| United States | $162.2M | $129.7M | +$32.5M | +25.0% |
| Japan | $104.9M | $75.1M | +$29.8M | +39.6% |
| Russia | $42.4M | $27.6M | +$14.8M | +53.6% |
| United Arab Emirates | $17.2M | $8.7M | +$8.5M | +97.8% |
| Poland | $12.9M | $4.5M | +$8.4M | +186.3% |
Products
Six-digit codes counted in the cosmetics total.
Compared with November 2023, the largest increases in export value by product were Other beauty, make-up and skin care preparations (including sunscreen) (HS 3304.99) (+$104.6 million), Other toiletry preparations (depilatories, sheet masks, contact lens solutions and others) (HS 3307.90) (+$20.4 million), Lip make-up preparations (HS 3304.10) (+$15.2 million).
The largest decreases by product were Toilet soap, including medicated soap (HS 3401.11) (-$5.5 million), Shampoos (HS 3305.10) (-$3.0 million), Eye make-up preparations (HS 3304.20) (-$2.4 million).
Imports in November 2024 were $137.6 million (up 12.2% from November 2023), leaving a surplus of $769.2 million for the month.
Exports FOB, imports CIF, US dollars. Percentages are left blank when the earlier month was under $10,000. Figures are as downloaded on 2026-11-13; the source can revise them later. Source: Korea Customs Service, via data.go.kr.