Ginseng Roots Prices in South Korea
| Variety | Market level | Price (US$/kg) | Local (KRW) | MoM | YoY | Source |
|---|---|---|---|---|---|---|
| — | Export (unit value) | 218.22 | 290,960 | ▼ 11.6% | ▼ 11.6% | UN Comtrade (unit value) |
As of January 2025, the ginseng roots price in South Korea is US$ 218.22 per kg (290,960 KRW), down 11.6% year-on-year.
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Ginseng Roots Price History & Trend
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Production, Exports, Imports & HS Codes — ginseng roots in South Korea
Exports UN Comtrade · 2024
In 2024, South Korea exported $82.3M (333.4 t) of ginseng roots▼ 10.4% YoY. That ranks #2 worldwide (28% of global exports).
Export value by year (US$)
Export volume by year
Top ginseng roots exporters worldwide UN Comtrade · 2024
- #1 China $87.6M · 29.9%
- #2 South Korea $82.3M · 28%
- #3 Canada $56.3M · 19.2%
- #4 US $39M · 13.3%
- #5 Hong Kong $13.5M · 4.6%
Annual export data South Korea · UN Comtrade
| Year | Export value (US$) | Volume | Avg price/kg |
|---|---|---|---|
| 2024 | $82.3M | 333.4 t | $246.8 |
| 2023 | $91.8M | 398.1 t | $230.58 |
| 2022 | $85.3M | 325.1 t | $262.48 |
| 2021 | $80.8M | 331.8 t | $243.53 |
| 2020 | $68.9M | 268.3 t | $256.98 |
HS Code
ginseng roots is traded under Harmonized System code 1211.20. Trade figures above are compiled for this HS heading.
Sources: trade & HS — UN Comtrade. Values are official reported figures.