Korea, Rep. Trade Summary

1998 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): 132,302
No. Of products: 4,359
No. Of partners: 205
Importsmore »
Imports (in US$ Mil): 93,281
No. Of products: 4,731
No. Of partners: 179

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Monolithic integrate ...15,801,755.65
Gold in oth semi-man ...4,356,421.63
Automobiles with rec ...4,098,268.67
Tankers3,844,648.19
Cargo vessels nes an ...3,098,670.59
Imports (US$ Thousands)
Petroleum oils and o ...11,240,587.26
Monolithic integrate ...10,138,224.64
Gold in unwrought fo ...3,985,535.49
Bituminous coal, not ...2,146,532.48
Natural gas, liquefi ...1,549,315.97

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States22,783 17.22
Japan11,069 8.37
China10,967 8.29
Hong Kong, China8,584 6.49
Switzerland4,832 3.65
Exporter Trade (US$ Mil) Partner share(%)
United States20,244 21.70
Japan16,537 17.73
China6,227 6.68
Australia4,604 4.94
Saudi Arabia3,958 4.24

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials2,311 1.75 22,301 23.91 35.95
Intermediate goods42,371 32.03 26,382 28.28 6.80
Consumer goods28,771 21.75 9,532 10.22 9.21
Capital goods54,509 41.20 32,696 35.05 5.47

Trade Indicators

more »
HH Market concentration index: 0.08
Index of export market penetration: 15.54
World Growth: -0.47
Country Growth: 0.42

Tariffs

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No Of Tariff Agreement: 2
Maximum Rate (%): 946.60
Simple Average (%): 10.25
Weighted Average (%): 13.61
Duty Free Imports (US$ Thousand): 1,924,728.69
Duty Free Tariff Lines Share (%): 1.65

Development Indicators

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GDP (current US$ Mil): 374,241
GNI per capita, Atlas method (current US$): 10,070.00
Trade Balance (% of GDP): 10.79
Trade Balance (current US$ Mil): 40,384.00
Trade in services (% of GDP): 13.96
Trade (% of GDP): 69.99