Due to the novel coronavirus (COVID-19) outbreak in the beginning of 2020, exports of face masks grew rapidly. The export value of miscellaneous textile products going by the HS Code 6307909000, which includes face masks, amounted to approximately 154.45 million U.S. dollars in February 2020, showing a year-over-year growth rate of around 2156.2 percent. For comparison, the total export value of such articles was at 80.91 million U.S. dollars for the entire year 2019. Due to the high demand of masks in South Korea, the government urged producers to maximize mask productions, illegalized mask hoarding, and banned exports in the beginning of March.
Monthly export value of other made-up textile products like face masks from South Korea from January 2019 to December 2020
(in million U.S. dollars)
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KITA. (January 26, 2021). Monthly export value of other made-up textile products like face masks from South Korea from January 2019 to December 2020 (in million U.S. dollars) [Graph]. In Statista. Retrieved November 14, 2024, from https://www.statista.com/statistics/1102613/south-korea-textiles-like-face-masks-export-value-monthly/
KITA. "Monthly export value of other made-up textile products like face masks from South Korea from January 2019 to December 2020 (in million U.S. dollars)." Chart. January 26, 2021. Statista. Accessed November 14, 2024. https://www.statista.com/statistics/1102613/south-korea-textiles-like-face-masks-export-value-monthly/
KITA. (2021). Monthly export value of other made-up textile products like face masks from South Korea from January 2019 to December 2020 (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 14, 2024. https://www.statista.com/statistics/1102613/south-korea-textiles-like-face-masks-export-value-monthly/
KITA. "Monthly Export Value of Other Made-up Textile Products like Face Masks from South Korea from January 2019 to December 2020 (in Million U.S. Dollars)." Statista, Statista Inc., 26 Jan 2021, https://www.statista.com/statistics/1102613/south-korea-textiles-like-face-masks-export-value-monthly/
KITA, Monthly export value of other made-up textile products like face masks from South Korea from January 2019 to December 2020 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1102613/south-korea-textiles-like-face-masks-export-value-monthly/ (last visited November 14, 2024)
Monthly export value of other made-up textile products like face masks from South Korea from January 2019 to December 2020 (in million U.S. dollars) [Graph], KITA, January 26, 2021. [Online]. Available: https://www.statista.com/statistics/1102613/south-korea-textiles-like-face-masks-export-value-monthly/