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Korea, Rep. Trade Summary

1989

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. 1989

Overall Exports and Imports for Korea, Rep. 1989

Exports and imports of Korea, Rep. in 1989 are below, along with number of countries and products

  • The total value of exports (FoB) was 62,357 million.
  • The total value of imports (CIF) was 61,456 million.
  • At the HS6 digit level, 4,140 products were exported to 162 countries and 4,748 products were imported from 138 countries.

Korea, Rep. top 5 Export and Import partners 1989

Top five countries to which Korea, Rep. exported in 1989 are below, along with the percent of total exports that went to that country:

  1. Korea, Rep. exports to United States worth US$ 20,717 million, with a partner share of 33.22 percent.
  2. Korea, Rep. exports to Japan worth US$ 13,457 million, with a partner share of 21.58 percent.
  3. Korea, Rep. exports to Hong Kong, China worth US$ 3,375 million, with a partner share of 5.41 percent.
  4. Korea, Rep. exports to Germany worth US$ 2,137 million, with a partner share of 3.43 percent.
  5. Korea, Rep. exports to Canada worth US$ 1,882 million, with a partner share of 3.02 percent.

Top five countries from which Korea, Rep. imported goods in 1989 are below, along with percent of total imports that came from the country :

  1. Korea, Rep. imports from Japan worth US$ 17,449 million, with a partner share of 28.39 percent.
  2. Korea, Rep. imports from United States worth US$ 15,915 million, with a partner share of 25.90 percent.
  3. Korea, Rep. imports from Unspecified worth US$ 3,782 million, with a partner share of 6.15 percent.
  4. Korea, Rep. imports from Germany worth US$ 2,624 million, with a partner share of 4.27 percent.
  5. Korea, Rep. imports from Australia worth US$ 2,243 million, with a partner share of 3.65 percent.

Korea, Rep. Top 5 Productsexports imports at HS 6 digit level 1989

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

  1. Korea, Rep. exported Monolithic integrated circuits, nes , worth US$ 2,035,571.58 million.
  2. Korea, Rep. exported Articles of apparel of leather , worth US$ 1,832,090.62 million.
  3. Korea, Rep. exported Monolithic integrated circuits, digital , worth US$ 1,424,868.10 million.
  4. Korea, Rep. exported Footwear with rubber... soles, leather uppers, , worth US$ 1,378,136.58 million.
  5. Korea, Rep. exported Video recording or reproducing apparatus magnet , worth US$ 1,238,265.60 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$ 4,932,554.75 million.
  2. Korea, Rep. imported Monolithic integrated circuits, digital , worth US$ 1,443,317.63 million.
  3. Korea, Rep. imported Bituminous coal, not agglomerated , worth US$ 1,212,113.28 million.
  4. Korea, Rep. imported Machines & mechanical appliances nes having ind , worth US$ 1,091,180.03 million.
  5. Korea, Rep. imported Whole hides and skins of bovine animals, nes, f , worth US$ 943,033.28 million.

Exports and Imports of Product Groups 1989

Exports and imports of products by stages of processing in 1989 are below along with their corresponding Product Share as percent of total export or import

Tariffs 1989

Tariffs imposed by Korea, Rep. in 1989 are below

  • The maximum rate of tariff in percentage on any product was 937.35 percent.
  • The simple average tariff across all products was 14.89 percent.
  • The trade weighted average tariff was 10.61 .
  • The total duty free imports in thousands of US dollars were 158,114.03 and duty free tariff line items share was 0.91 percent.

Development Indicators 1989

Key Development Indicators of Korea, Rep. in 1989 are below

  • Korea, Rep. GDP in current US dollar was 246,927 million.
  • GNI per capita, Atlas method (current US$) was 5,380.00 .
  • Korea, Rep. Trade balance: as % of GDP was 1.80.
  • Trade balance in current US$ was 4,453.00 million.
  • Trade as percentage of GDP was 52.91 .
  • Trade in services as percentage of GDP was 7.44 .

Trade Indicators 1989

Trade Indicators for Korea, Rep. in 1989 are below

  • Hirschman Herfindahl market concentration index was 0.29.
  • Index of export market penetration was 7.75.
  • World Growth in percentage was 28.61 and Korea, Rep. Country Growth was 19.50 .