Loading..

Korea, Rep. Trade Summary

1997

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

Country and Region
Year
For at a glance i.e. latest available trade, tariff, trade barriers and other trade related data Click Here.
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. 1997

Overall Exports and Imports for Korea, Rep. 1997

Exports and imports of Korea, Rep. in 1997 are below, along with number of countries and products

  • The total value of exports (FoB) was 136,151 million.
  • The total value of imports (CIF) was 144,614 million.
  • At the HS6 digit level, 4,327 products were exported to 202 countries and 4,782 products were imported from 191 countries.

Korea, Rep. top 5 Export and Import partners 1997

Top five countries to which Korea, Rep. exported in 1997 are below, along with the percent of total exports that went to that country:

  1. Korea, Rep. exports to United States worth US$ 21,850 million, with a partner share of 16.05 percent.
  2. Korea, Rep. exports to Japan worth US$ 14,771 million, with a partner share of 10.85 percent.
  3. Korea, Rep. exports to China worth US$ 13,572 million, with a partner share of 9.97 percent.
  4. Korea, Rep. exports to Hong Kong, China worth US$ 11,725 million, with a partner share of 8.61 percent.
  5. Korea, Rep. exports to Singapore worth US$ 5,797 million, with a partner share of 4.26 percent.

Top five countries from which Korea, Rep. imported goods in 1997 are below, along with percent of total imports that came from the country :

  1. Korea, Rep. imports from United States worth US$ 30,135 million, with a partner share of 20.84 percent.
  2. Korea, Rep. imports from Japan worth US$ 27,906 million, with a partner share of 19.30 percent.
  3. Korea, Rep. imports from China worth US$ 10,117 million, with a partner share of 7.00 percent.
  4. Korea, Rep. imports from Saudi Arabia worth US$ 7,153 million, with a partner share of 4.95 percent.
  5. Korea, Rep. imports from Australia worth US$ 5,894 million, with a partner share of 4.08 percent.

Korea, Rep. Top 5 Productsexports imports at HS 6 digit level 1997

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 15,684,677.63 (US$ Thousands).
  2. Korea, Rep. exported Cargo vessels nes and other vessels for the tra , worth 5,151,404.03 (US$ Thousands).
  3. Korea, Rep. exported Petroleum oils, etc, (excl. crude); preparation , worth 5,099,203.58 (US$ Thousands).
  4. Korea, Rep. exported Automobiles with reciprocating piston engine di , worth 4,646,869.50 (US$ Thousands).
  5. Korea, Rep. exported Automobiles with reciprocating piston engine di , worth 3,736,312.58 (US$ Thousands).

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 17,771,753.47 (US$ Thousands).
  2. Korea, Rep. imported Monolithic integrated circuits, digital , worth 10,176,240.64 (US$ Thousands).
  3. Korea, Rep. imported Gold in unwrought forms non-monetary , worth 6,059,359.23 (US$ Thousands).
  4. Korea, Rep. imported Petroleum oils, etc, (excl. crude); preparation , worth 3,304,902.40 (US$ Thousands).
  5. Korea, Rep. imported Machines & mechanical appliances nes having ind , worth 2,543,682.82 (US$ Thousands).

Exports and Imports of Product Groups 1997

Exports and imports of products by stages of processing in 1997 are below along with their corresponding Product Share as percent of total export or import

Tariffs 1997

Tariffs imposed by Korea, Rep. in 1997 are below

  • The maximum rate of tariff in percentage on any product was 956.40 percent.
  • The simple average tariff across all products was 9.72 percent.
  • The trade weighted average tariff was 13.45 .
  • The total duty free imports in thousands of US dollars were 3,545,063.14 and duty free tariff line items share was 1.61 percent.

Development Indicators 1997

Key Development Indicators of Korea, Rep. in 1997 are below

  • Korea, Rep. GDP in current US dollar was 569,755 million.
  • GNI per capita, Atlas method (current US$) was 13,550.00 .
  • Korea, Rep. Trade balance: as % of GDP was -0.83.
  • Trade balance in current US$ was -4,740.00 million.
  • Trade as percentage of GDP was 57.52 .
  • Trade in services as percentage of GDP was 10.14 .

Trade Indicators 1997

Trade Indicators for Korea, Rep. in 1997 are below

  • Hirschman Herfindahl market concentration index was 0.08.
  • Index of export market penetration was 14.36.
  • World Growth in percentage was 3.05 and Korea, Rep. Country Growth was 4.36 .