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Korea, Rep. Trade Summary

1995

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. 1995

Overall Exports and Imports for Korea, Rep. 1995

Exports and imports of Korea, Rep. in 1995 are below, along with number of countries and products

  • The total value of exports (FoB) was 125,056 million.
  • The total value of imports (CIF) was 135,113 million.
  • At the HS6 digit level, 4,398 products were exported to 203 countries and 4,812 products were imported from 175 countries.

Korea, Rep. top 5 Export and Import partners 1995

Top five countries to which Korea, Rep. exported in 1995 are below, along with the percent of total exports that went to that country:

  1. Korea, Rep. exports to United States worth US$ 24,344 million, with a partner share of 19.47 percent.
  2. Korea, Rep. exports to Japan worth US$ 17,049 million, with a partner share of 13.63 percent.
  3. Korea, Rep. exports to Hong Kong, China worth US$ 10,682 million, with a partner share of 8.54 percent.
  4. Korea, Rep. exports to China worth US$ 9,144 million, with a partner share of 7.31 percent.
  5. Korea, Rep. exports to Singapore worth US$ 6,689 million, with a partner share of 5.35 percent.

Top five countries from which Korea, Rep. imported goods in 1995 are below, along with percent of total imports that came from the country :

  1. Korea, Rep. imports from Japan worth US$ 32,604 million, with a partner share of 24.13 percent.
  2. Korea, Rep. imports from United States worth US$ 30,419 million, with a partner share of 22.51 percent.
  3. Korea, Rep. imports from China worth US$ 7,401 million, with a partner share of 5.48 percent.
  4. Korea, Rep. imports from Germany worth US$ 6,584 million, with a partner share of 4.87 percent.
  5. Korea, Rep. imports from Saudi Arabia worth US$ 5,432 million, with a partner share of 4.02 percent.

Korea, Rep. Top 5 Productsexports imports at HS 6 digit level 1995

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$ 11,866,321.92 million.
  2. Korea, Rep. exported Electrical parts of machinery or apparatus, nes , worth US$ 4,419,737.09 million.
  3. Korea, Rep. exported Monolithic integrated circuits, nes , worth US$ 4,402,002.43 million.
  4. Korea, Rep. exported Automobiles with reciprocating piston engine di , worth US$ 4,009,540.86 million.
  5. Korea, Rep. exported Cargo vessels nes and other vessels for the tra , worth US$ 3,512,253.70 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$ 10,809,126.91 million.
  2. Korea, Rep. imported Monolithic integrated circuits, nes , worth US$ 4,454,801.92 million.
  3. Korea, Rep. imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 3,727,331.58 million.
  4. Korea, Rep. imported Machines & mechanical appliances nes having ind , worth US$ 3,328,596.48 million.
  5. Korea, Rep. imported Gold in unwrought forms non-monetary , worth US$ 2,608,981.76 million.

Exports and Imports of Product Groups 1995

Exports and imports of products by stages of processing in 1995 are below along with their corresponding Product Share as percent of total export or import

Tariffs 1995

Tariffs imposed by Korea, Rep. in 1995 are below

  • The maximum rate of tariff in percentage on any product was 50 percent.
  • The simple average tariff across all products was 8.27 percent.
  • The trade weighted average tariff was 6.84 .
  • The total duty free imports in thousands of US dollars were 3,298,094.37 and duty free tariff line items share was 1.28 percent.

Development Indicators 1995

Key Development Indicators of Korea, Rep. in 1995 are below

  • Korea, Rep. GDP in current US dollar was 566,583 million.
  • GNI per capita, Atlas method (current US$) was 11,820.00 .
  • Korea, Rep. Trade balance: as % of GDP was -1.02.
  • Trade balance in current US$ was -5,754.00 million.
  • Trade as percentage of GDP was 52.46 .
  • Trade in services as percentage of GDP was 8.87 .

Trade Indicators 1995

Trade Indicators for Korea, Rep. in 1995 are below

  • Hirschman Herfindahl market concentration index was 0.10.
  • Index of export market penetration was 12.51.
  • World Growth in percentage was 11.51 and Korea, Rep. Country Growth was 14.84 .