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Korea, Rep. Trade Summary

2002

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. 2002

Overall Exports and Imports for Korea, Rep. 2002

Exports and imports of Korea, Rep. in 2002 are below, along with number of countries and products

  • The total value of exports (FoB) was 162,466 million.
  • The total value of imports (CIF) was 152,124 million.
  • At the HS6 digit level, 4,364 products were exported to 219 countries and 4,753 products were imported from 214 countries.

Korea, Rep. top 5 Export and Import partners 2002

Top five countries to which Korea, Rep. exported in 2002 are below, along with the percent of total exports that went to that country:

  1. Korea, Rep. exports to United States worth US$ 32,943 million, with a partner share of 20.28 percent.
  2. Korea, Rep. exports to China worth US$ 23,753 million, with a partner share of 14.62 percent.
  3. Korea, Rep. exports to Japan worth US$ 15,140 million, with a partner share of 9.32 percent.
  4. Korea, Rep. exports to Hong Kong, China worth US$ 10,145 million, with a partner share of 6.24 percent.
  5. Korea, Rep. exports to Other Asia, nes worth US$ 6,632 million, with a partner share of 4.08 percent.

Top five countries from which Korea, Rep. imported goods in 2002 are below, along with percent of total imports that came from the country :

  1. Korea, Rep. imports from Japan worth US$ 29,855 million, with a partner share of 19.63 percent.
  2. Korea, Rep. imports from United States worth US$ 23,111 million, with a partner share of 15.19 percent.
  3. Korea, Rep. imports from China worth US$ 17,400 million, with a partner share of 11.44 percent.
  4. Korea, Rep. imports from Saudi Arabia worth US$ 8,323 million, with a partner share of 5.47 percent.
  5. Korea, Rep. imports from Australia worth US$ 5,973 million, with a partner share of 3.93 percent.

Korea, Rep. Top 5 Productsexports imports at HS 6 digit level 2002

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 11,146,010.15 (US$ Thousands).
  2. Korea, Rep. exported Transmission apparatus, for radioteleph incorpo , worth 10,130,424.47 (US$ Thousands).
  3. Korea, Rep. exported Automobiles with reciprocating piston engine di , worth 8,031,256.86 (US$ Thousands).
  4. Korea, Rep. exported Parts and accessories of automatic data process , worth 7,867,296.66 (US$ Thousands).
  5. Korea, Rep. exported Petroleum oils, etc, (excl. crude); preparation , worth 6,219,900.36 (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 19,200,267.10 (US$ Thousands).
  2. Korea, Rep. imported Monolithic integrated circuits, digital , worth 12,288,719.90 (US$ Thousands).
  3. Korea, Rep. imported Petroleum oils, etc, (excl. crude); preparation , worth 4,876,573.35 (US$ Thousands).
  4. Korea, Rep. imported Natural gas, liquefied , worth 4,120,225.47 (US$ Thousands).
  5. Korea, Rep. imported Monolithic integrated circuits, nes , worth 2,592,822.40 (US$ Thousands).

Exports and Imports of Product Groups 2002

Exports and imports of products by stages of processing in 2002 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2002

Tariffs imposed by Korea, Rep. in 2002 are below

  • The maximum rate of tariff in percentage on any product was 907.10 percent.
  • The simple average tariff across all products was 9.58 percent.
  • The trade weighted average tariff was 9.98 .
  • The total duty free imports in thousands of US dollars were 31,388,637.63 and duty free tariff line items share was 12.96 percent.

Development Indicators 2002

Key Development Indicators of Korea, Rep. in 2002 are below

  • Korea, Rep. GDP in current US dollar was 627,246 million.
  • GNI per capita, Atlas method (current US$) was 12,850.00 .
  • Korea, Rep. Trade balance: as % of GDP was 1.19.
  • Trade balance in current US$ was 7,480.00 million.
  • Trade as percentage of GDP was 58.35 .
  • Trade in services as percentage of GDP was 10.82 .

Trade Indicators 2002

Trade Indicators for Korea, Rep. in 2002 are below

  • Hirschman Herfindahl market concentration index was 0.09.
  • Index of export market penetration was 18.83.
  • World Growth in percentage was 3.38 and Korea, Rep. Country Growth was 3.89 .