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Korea, Rep. Trade Summary

1988

Korea, Rep. exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR KOREA, REP. 1988

Overall Exports and Imports for Korea, Rep. 1988

Exports and imports of Korea, Rep. in 1988 are below, along with number of countries and products

  • The total value of exports (FoB) was 60,568 million.
  • The total value of imports (CIF) was 51,808 million.
  • At the HS6 digit level, 4,164 products were exported to 163 countries and 4,736 products were imported from 128 countries.

Korea, Rep. top 5 Export and Import partners 1988

Top five countries to which Korea, Rep. exported in 1988 are below, along with the percent of total exports that went to that country:

  1. Korea, Rep. exports to United States worth US$ 21,469 million, with a partner share of 35.45 percent.
  2. Korea, Rep. exports to Japan worth US$ 11,997 million, with a partner share of 19.81 percent.
  3. Korea, Rep. exports to Hong Kong, China worth US$ 3,560 million, with a partner share of 5.88 percent.
  4. Korea, Rep. exports to Germany worth US$ 2,368 million, with a partner share of 3.91 percent.
  5. Korea, Rep. exports to United Kingdom worth US$ 1,951 million, with a partner share of 3.22 percent.

Top five countries from which Korea, Rep. imported goods in 1988 are below, along with percent of total imports that came from the country :

  1. Korea, Rep. imports from Japan worth US$ 15,929 million, with a partner share of 30.75 percent.
  2. Korea, Rep. imports from United States worth US$ 12,759 million, with a partner share of 24.63 percent.
  3. Korea, Rep. imports from Unspecified worth US$ 2,806 million, with a partner share of 5.42 percent.
  4. Korea, Rep. imports from Germany worth US$ 2,074 million, with a partner share of 4.00 percent.
  5. Korea, Rep. imports from Australia worth US$ 1,797 million, with a partner share of 3.47 percent.

Korea, Rep. Top 5 Productsexports imports at HS 6 digit level 1988

The top five exported HS 6 digit level products to world by Korea, Rep. along with trade value are:

  1. Korea, Rep. exported Automobiles with reciprocating piston engine di , worth US$ 2,426,604.29 million.
  2. Korea, Rep. exported Monolithic integrated circuits, nes , worth US$ 1,631,236.86 million.
  3. Korea, Rep. exported Footwear with rubber... soles, leather uppers, , worth US$ 1,531,176.19 million.
  4. Korea, Rep. exported Articles of apparel of leather , worth US$ 1,417,901.06 million.
  5. Korea, Rep. exported Video recording or reproducing apparatus magnet , worth US$ 1,319,312.64 million.

The top five imported HS 6 digit level products from world by Korea, Rep. along with trade value are

  1. Korea, Rep. imported Petroleum oils and oils obtained from bituminou , worth US$ 3,687,743.49 million.
  2. Korea, Rep. imported Parts of electronic integrated circuits and mic , worth US$ 1,070,604.99 million.
  3. Korea, Rep. imported Bituminous coal, not agglomerated , worth US$ 1,021,169.79 million.
  4. Korea, Rep. imported Monolithic integrated circuits, digital , worth US$ 988,157.38 million.
  5. Korea, Rep. imported Aircraft nes of an unladen weight exceeding 15, , worth US$ 961,123.33 million.

Exports and Imports of Product Groups 1988

Exports and imports of products by stages of processing in 1988 are below along with their corresponding Product Share as percent of total export or import

Tariffs 1988

Tariffs imposed by Korea, Rep. in 1988 are below

  • The maximum rate of tariff in percentage on any product was 1,296.17 percent.
  • The simple average tariff across all products was 18.83 percent.
  • The trade weighted average tariff was 13.95 .
  • The total duty free imports in thousands of US dollars were 128,543.61 and duty free tariff line items share was 0.71 percent.

Development Indicators 1988

Key Development Indicators of Korea, Rep. in 1988 are below

  • Korea, Rep. GDP in current US dollar was 199,591 million.
  • GNI per capita, Atlas method (current US$) was 4,520.00 .
  • Korea, Rep. Trade balance: as % of GDP was 6.27.
  • Trade balance in current US$ was 12,524.00 million.
  • Trade as percentage of GDP was 58.70 .
  • Trade in services as percentage of GDP was 7.78 .

Trade Indicators 1988

Trade Indicators for Korea, Rep. in 1988 are below

  • Hirschman Herfindahl market concentration index was 0.47.
  • Index of export market penetration was 5.33.
  • World Growth in percentage was not available and Korea, Rep. Country Growth was not available .