Korea, Rep. Trade Summary

1996 Data

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

Country / 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.

Overall Exports and Imports

Exportsmore »
Exports (in US$ Mil): 129,713
No. Of products: 4,333
No. Of partners: 201
Importsmore »
Imports (in US$ Mil): 150,334
No. Of products: 4,767
No. Of partners: 187

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Monolithic integrate ...13,761,439.74
Gold in unwrought fo ...4,816,012.80
Automobiles with rec ...4,757,993.98
Cargo vessels nes an ...4,696,923.14
Input or output unit ...3,745,499.39
Imports (US$ Thousands)
Petroleum oils and o ...14,431,515.65
Monolithic integrate ...7,809,819.65
Gold in unwrought fo ...5,176,270.85
Petroleum oils, etc, ...4,320,454.14
Machines & mechanica ...3,418,230.27

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States21,926 16.90
Japan15,767 12.16
China11,377 8.77
Hong Kong, China11,131 8.58
Singapore6,439 4.96
Exporter Trade (US$ Mil) Partner share(%)
United States33,320 22.16
Japan31,448 20.92
China8,538 5.68
Germany7,239 4.82
Saudi Arabia6,667 4.43

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials1,910 1.47 29,966 19.93 44.08
Intermediate goods38,315 29.54 41,329 27.49 7.16
Consumer goods35,651 27.48 21,224 14.12 10.05
Capital goods53,820 41.49 57,646 38.35 7.41

Trade Indicators

more »
HH Market concentration index: 0.09
Index of export market penetration: 13.44
World Growth: 3.55
Country Growth: 1.63

Tariffs

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No Of Tariff Agreement: 2
Maximum Rate (%): 966.30
Simple Average (%): 9.83
Weighted Average (%): 15.02
Duty Free Imports (US$ Thousand): 3,941,135.37
Duty Free Tariff Lines Share (%): 1.56

Development Indicators

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GDP (current US$): 598,099
GNI per capita, Atlas method (current US$): 13,040.00
Trade Balance (% of GDP): -2.93
Trade Balance (current US$ Mil): -17,554.00
Trade in services (% of GDP): 9.17
Trade (% of GDP): 53.50