Africa Corporate Wellness Market, by End User, 2018-2027
South Korea Evaporated & Condensed Milk Export value
What is South Korea's evaporated & condensed milk export value (1000 usd)? As of 2023, it's 29.3K 1000 USD, up from 11.6K 1000 USD in 2014.
| Label | Evaporated & Condensed Milk Export value (1000 USD) |
|---|---|
| 2014 | 11556.53 1000 USD |
| 2015 | 6610.11 1000 USD |
| 2016 | 7004.82 1000 USD |
| 2017 | 6579.44 1000 USD |
| 2018 | 7364.61 1000 USD |
| 2019 | 9540.68 1000 USD |
| 2020 | 13360.46 1000 USD |
| 2021 | 18043.49 1000 USD |
| 2022 | 22214.91 1000 USD |
| 2023 | 29309.2 1000 USD |
Data Source: Food and Agriculture Organization (FAO) and Wantstats Repository
South Korea Evaporated & Condensed Milk Export value: Key Points
- The 2014-2023 run puts South Korea's evaporated & Condensed Milk Export value at 29.31K USD by the end, up from 11.56K USD at the start — a rise of some 154%.
- 2015: caves in to 6.61K USD (-43%).
- 2018-2019: leaps to 9.54K USD (+45%).
- 2020: spikes to 13.36K USD (+40%).
- 2021: shoots up to 18.04K USD (+35%).
- Take the whole run together and it's a 153.6% gain, landing at 29.31K USD by 2023.
The Trade Recovery, Explained
Don't anchor on the most recent year. With this much back-and-forth, the latest reading is one data point among several similarly-weighted ones, not the start of a new trend.
Read this bounce as part of the worldwide trade recovery — most economies saw trade flows pick back up as reopening and stimulus drove demand higher in the same period.
This chart answers 'what happened' for South Korea, not 'is that good or bad' — that second question needs a comparison point, either other countries or a longer run of history than what's shown here.
This kind of indicator is almost never measured continuously — it's estimated from periodic data collection, published and later revised by South Korea's statistical authority. Direction is the reliable part; individual years less so.
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