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Korea, Rep. Trade Summary

1999

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. 1999

Overall Exports and Imports for Korea, Rep. 1999

Exports and imports of Korea, Rep. in 1999 are below, along with number of countries and products

  • The total value of exports (FoB) was 143,685 million.
  • The total value of imports (CIF) was 119,751 million.
  • At the HS6 digit level, 4,365 products were exported to 210 countries and 4,790 products were imported from 188 countries.

Korea, Rep. top 5 Export and Import partners 1999

Top five countries to which Korea, Rep. exported in 1999 are below, along with the percent of total exports that went to that country:

  1. Korea, Rep. exports to United States worth US$ 29,601 million, with a partner share of 20.60 percent.
  2. Korea, Rep. exports to Japan worth US$ 15,862 million, with a partner share of 11.04 percent.
  3. Korea, Rep. exports to China worth US$ 13,685 million, with a partner share of 9.52 percent.
  4. Korea, Rep. exports to Hong Kong, China worth US$ 9,048 million, with a partner share of 6.30 percent.
  5. Korea, Rep. exports to Other Asia, nes worth US$ 6,345 million, with a partner share of 4.42 percent.

Top five countries from which Korea, Rep. imported goods in 1999 are below, along with percent of total imports that came from the country :

  1. Korea, Rep. imports from United States worth US$ 24,943 million, with a partner share of 20.83 percent.
  2. Korea, Rep. imports from Japan worth US$ 24,142 million, with a partner share of 20.16 percent.
  3. Korea, Rep. imports from China worth US$ 8,867 million, with a partner share of 7.40 percent.
  4. Korea, Rep. imports from Saudi Arabia worth US$ 5,664 million, with a partner share of 4.73 percent.
  5. Korea, Rep. imports from Australia worth US$ 4,672 million, with a partner share of 3.90 percent.

Korea, Rep. Top 5 Productsexports imports at HS 6 digit level 1999

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$ 17,501,611.25 million.
  2. Korea, Rep. exported Automobiles with reciprocating piston engine di , worth US$ 5,381,567.21 million.
  3. Korea, Rep. exported Transmission apparatus, for radioteleph incorpo , worth US$ 3,755,875.13 million.
  4. Korea, Rep. exported Input or output units, whether or not presented , worth US$ 3,667,907.87 million.
  5. Korea, Rep. exported Tankers , worth US$ 3,431,317.28 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$ 14,782,696.75 million.
  2. Korea, Rep. imported Monolithic integrated circuits, digital , worth US$ 13,292,634.79 million.
  3. Korea, Rep. imported Gold in unwrought forms non-monetary , worth US$ 3,160,981.74 million.
  4. Korea, Rep. imported Natural gas, liquefied , worth US$ 1,972,558.89 million.
  5. Korea, Rep. imported Bituminous coal, not agglomerated , worth US$ 1,866,479.15 million.

Exports and Imports of Product Groups 1999

Exports and imports of products by stages of processing in 1999 are below along with their corresponding Product Share as percent of total export or import

Tariffs 1999

Tariffs imposed by Korea, Rep. in 1999 are below

  • The maximum rate of tariff in percentage on any product was 395.37 percent.
  • The simple average tariff across all products was 8.54 percent.
  • The trade weighted average tariff was 5.90 .
  • The total duty free imports in thousands of US dollars were 2,330,351.13 and duty free tariff line items share was 2.27 percent.

Development Indicators 1999

Key Development Indicators of Korea, Rep. in 1999 are below

  • Korea, Rep. GDP in current US dollar was 497,513 million.
  • GNI per capita, Atlas method (current US$) was 10,430.00 .
  • Korea, Rep. Trade balance: as % of GDP was 5.42.
  • Trade balance in current US$ was 26,960.00 million.
  • Trade as percentage of GDP was 59.76 .
  • Trade in services as percentage of GDP was 11.14 .

Trade Indicators 1999

Trade Indicators for Korea, Rep. in 1999 are below

  • Hirschman Herfindahl market concentration index was 0.09.
  • Index of export market penetration was 16.00.
  • World Growth in percentage was 2.52 and Korea, Rep. Country Growth was 7.35 .