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Korea, Rep. Trade Summary

1994

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. 1994

Overall Exports and Imports for Korea, Rep. 1994

Exports and imports of Korea, Rep. in 1994 are below, along with number of countries and products

  • The total value of exports (FoB) was 96,008 million.
  • The total value of imports (CIF) was 102,343 million.
  • At the HS6 digit level, 4,345 products were exported to 204 countries and 4,793 products were imported from 177 countries.

Korea, Rep. top 5 Export and Import partners 1994

Top five countries to which Korea, Rep. exported in 1994 are below, along with the percent of total exports that went to that country:

  1. Korea, Rep. exports to United States worth US$ 20,703 million, with a partner share of 21.56 percent.
  2. Korea, Rep. exports to Japan worth US$ 13,523 million, with a partner share of 14.09 percent.
  3. Korea, Rep. exports to Hong Kong, China worth US$ 8,015 million, with a partner share of 8.35 percent.
  4. Korea, Rep. exports to China worth US$ 6,203 million, with a partner share of 6.46 percent.
  5. Korea, Rep. exports to Germany worth US$ 4,313 million, with a partner share of 4.49 percent.

Top five countries from which Korea, Rep. imported goods in 1994 are below, along with percent of total imports that came from the country :

  1. Korea, Rep. imports from Japan worth US$ 25,388 million, with a partner share of 24.81 percent.
  2. Korea, Rep. imports from United States worth US$ 21,599 million, with a partner share of 21.10 percent.
  3. Korea, Rep. imports from China worth US$ 5,463 million, with a partner share of 5.34 percent.
  4. Korea, Rep. imports from Germany worth US$ 5,159 million, with a partner share of 5.04 percent.
  5. Korea, Rep. imports from Saudi Arabia worth US$ 3,816 million, with a partner share of 3.73 percent.

Korea, Rep. Top 5 Productsexports imports at HS 6 digit level 1994

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, digital , worth US$ 6,772,493.31 million.
  2. Korea, Rep. exported Cargo vessels nes and other vessels for the tra , worth US$ 2,789,865.22 million.
  3. Korea, Rep. exported Automobiles with reciprocating piston engine di , worth US$ 2,566,443.78 million.
  4. Korea, Rep. exported Electrical parts of machinery or apparatus, nes , worth US$ 2,347,505.66 million.
  5. Korea, Rep. exported Other woven fabrics of synthetic yarn, >=85% no , worth US$ 2,338,417.15 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$ 8,878,269.44 million.
  2. Korea, Rep. imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 3,022,994.94 million.
  3. Korea, Rep. imported Monolithic integrated circuits, nes , worth US$ 2,555,654.14 million.
  4. Korea, Rep. imported Machines & mechanical appliances nes having ind , worth US$ 2,057,416.19 million.
  5. Korea, Rep. imported Bituminous coal, not agglomerated , worth US$ 1,695,403.65 million.

Exports and Imports of Product Groups 1994

Exports and imports of products by stages of processing in 1994 are below along with their corresponding Product Share as percent of total export or import

Tariffs 1994

Tariffs imposed by Korea, Rep. in 1994 are below

  • The maximum rate of tariff in percentage on any product was not available percent.
  • The simple average tariff across all products was not available percent.
  • The trade weighted average tariff was not available .
  • The total duty free imports in thousands of US dollars were not available and duty free tariff line items share was not available percent.

Development Indicators 1994

Key Development Indicators of Korea, Rep. in 1994 are below

  • Korea, Rep. GDP in current US dollar was 463,617 million.
  • GNI per capita, Atlas method (current US$) was 10,090.00 .
  • Korea, Rep. Trade balance: as % of GDP was -0.52.
  • Trade balance in current US$ was -2,431.00 million.
  • Trade as percentage of GDP was 48.67 .
  • Trade in services as percentage of GDP was 7.91 .

Trade Indicators 1994

Trade Indicators for Korea, Rep. in 1994 are below

  • Hirschman Herfindahl market concentration index was 0.11.
  • Index of export market penetration was 11.93.
  • World Growth in percentage was 15.29 and Korea, Rep. Country Growth was 10.27 .