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Korea, Rep. Trade Summary

2001

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. 2001

Overall Exports and Imports for Korea, Rep. 2001

Exports and imports of Korea, Rep. in 2001 are below, along with number of countries and products

  • The total value of exports (FoB) was 150,431 million.
  • The total value of imports (CIF) was 141,097 million.
  • At the HS6 digit level, 4,354 products were exported to 219 countries and 4,803 products were imported from 211 countries.

Korea, Rep. top 5 Export and Import partners 2001

Top five countries to which Korea, Rep. exported in 2001 are below, along with the percent of total exports that went to that country:

  1. Korea, Rep. exports to United States worth US$ 31,357 million, with a partner share of 20.84 percent.
  2. Korea, Rep. exports to China worth US$ 18,187 million, with a partner share of 12.09 percent.
  3. Korea, Rep. exports to Japan worth US$ 16,502 million, with a partner share of 10.97 percent.
  4. Korea, Rep. exports to Hong Kong, China worth US$ 9,451 million, with a partner share of 6.28 percent.
  5. Korea, Rep. exports to Other Asia, nes worth US$ 5,835 million, with a partner share of 3.88 percent.

Top five countries from which Korea, Rep. imported goods in 2001 are below, along with percent of total imports that came from the country :

  1. Korea, Rep. imports from Japan worth US$ 26,633 million, with a partner share of 18.88 percent.
  2. Korea, Rep. imports from United States worth US$ 22,431 million, with a partner share of 15.90 percent.
  3. Korea, Rep. imports from China worth US$ 13,303 million, with a partner share of 9.43 percent.
  4. Korea, Rep. imports from Saudi Arabia worth US$ 8,161 million, with a partner share of 5.78 percent.
  5. Korea, Rep. imports from Australia worth US$ 5,534 million, with a partner share of 3.92 percent.

Korea, Rep. Top 5 Productsexports imports at HS 6 digit level 2001

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$ 10,928,130.38 million.
  2. Korea, Rep. exported Petroleum oils, etc, (excl. crude); preparation , worth US$ 7,736,789.91 million.
  3. Korea, Rep. exported Transmission apparatus, for radioteleph incorpo , worth US$ 7,479,220.47 million.
  4. Korea, Rep. exported Automobiles with reciprocating piston engine di , worth US$ 7,389,207.44 million.
  5. Korea, Rep. exported Parts and accessories of automatic data process , worth US$ 5,640,209.63 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$ 21,367,827.37 million.
  2. Korea, Rep. imported Monolithic integrated circuits, digital , worth US$ 13,018,208.58 million.
  3. Korea, Rep. imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 4,650,346.09 million.
  4. Korea, Rep. imported Natural gas, liquefied , worth US$ 3,989,796.09 million.
  5. Korea, Rep. imported Parts and accessories of automatic data process , worth US$ 2,318,637.90 million.

Exports and Imports of Product Groups 2001

Exports and imports of products by stages of processing in 2001 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2001

Tariffs imposed by Korea, Rep. in 2001 are below

  • The maximum rate of tariff in percentage on any product was 3,000 percent.
  • The simple average tariff across all products was 9.91 percent.
  • The trade weighted average tariff was 10.41 .
  • The total duty free imports in thousands of US dollars were 25,869,821.24 and duty free tariff line items share was 9.58 percent.

Development Indicators 2001

Key Development Indicators of Korea, Rep. in 2001 are below

  • Korea, Rep. GDP in current US dollar was 547,658 million.
  • GNI per capita, Atlas method (current US$) was 11,950.00 .
  • Korea, Rep. Trade balance: as % of GDP was 1.35.
  • Trade balance in current US$ was 7,403.00 million.
  • Trade as percentage of GDP was 62.22 .
  • Trade in services as percentage of GDP was 11.65 .

Trade Indicators 2001

Trade Indicators for Korea, Rep. in 2001 are below

  • Hirschman Herfindahl market concentration index was 0.09.
  • Index of export market penetration was 18.75.
  • World Growth in percentage was -1.76 and Korea, Rep. Country Growth was -5.41 .