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Korea, Rep. Trade Summary

2003

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. 2003

Overall Exports and Imports for Korea, Rep. 2003

Exports and imports of Korea, Rep. in 2003 are below, along with number of countries and products

  • The total value of exports (FoB) was 193,817 million.
  • The total value of imports (CIF) was 178,826 million.
  • At the HS6 digit level, 4,347 products were exported to 220 countries and 4,755 products were imported from 218 countries.

Korea, Rep. top 5 Export and Import partners 2003

Top five countries to which Korea, Rep. exported in 2003 are below, along with the percent of total exports that went to that country:

  1. Korea, Rep. exports to China worth US$ 35,110 million, with a partner share of 18.11 percent.
  2. Korea, Rep. exports to United States worth US$ 34,369 million, with a partner share of 17.73 percent.
  3. Korea, Rep. exports to Japan worth US$ 17,276 million, with a partner share of 8.91 percent.
  4. Korea, Rep. exports to Hong Kong, China worth US$ 14,654 million, with a partner share of 7.56 percent.
  5. Korea, Rep. exports to Other Asia, nes worth US$ 7,045 million, with a partner share of 3.63 percent.

Top five countries from which Korea, Rep. imported goods in 2003 are below, along with percent of total imports that came from the country :

  1. Korea, Rep. imports from Japan worth US$ 36,313 million, with a partner share of 20.31 percent.
  2. Korea, Rep. imports from United States worth US$ 24,935 million, with a partner share of 13.94 percent.
  3. Korea, Rep. imports from China worth US$ 21,909 million, with a partner share of 12.25 percent.
  4. Korea, Rep. imports from Saudi Arabia worth US$ 9,268 million, with a partner share of 5.18 percent.
  5. Korea, Rep. imports from Germany worth US$ 6,822 million, with a partner share of 3.81 percent.

Korea, Rep. Top 5 Productsexports imports at HS 6 digit level 2003

The top five exported HS 6 digit level products to world by Korea, Rep. along with trade value are:

  1. Korea, Rep. exported Transmission apparatus, for radioteleph incorpo , worth 13,903,687.71 (US$ Thousands).
  2. Korea, Rep. exported Monolithic integrated circuits, digital , worth 13,185,602.16 (US$ Thousands).
  3. Korea, Rep. exported Automobiles with reciprocating piston engine di , worth 9,988,413.15 (US$ Thousands).
  4. Korea, Rep. exported Parts and accessories of automatic data process , worth 8,292,895.39 (US$ Thousands).
  5. Korea, Rep. exported Tankers , worth 6,869,148.20 (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 23,081,643.27 (US$ Thousands).
  2. Korea, Rep. imported Monolithic integrated circuits, digital , worth 15,268,963.54 (US$ Thousands).
  3. Korea, Rep. imported Petroleum oils, etc, (excl. crude); preparation , worth 5,867,472.76 (US$ Thousands).
  4. Korea, Rep. imported Natural gas, liquefied , worth 5,081,948.61 (US$ Thousands).
  5. Korea, Rep. imported Monolithic integrated circuits, nes , worth 2,993,663.84 (US$ Thousands).

Exports and Imports of Product Groups 2003

Exports and imports of products by stages of processing in 2003 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2003

Tariffs imposed by Korea, Rep. in 2003 are below

  • The maximum rate of tariff in percentage on any product was 3,000 percent.
  • The simple average tariff across all products was 9.49 percent.
  • The trade weighted average tariff was 9.70 .
  • The total duty free imports in thousands of US dollars were 35,725,263.62 and duty free tariff line items share was 11.54 percent.

Development Indicators 2003

Key Development Indicators of Korea, Rep. in 2003 are below

  • Korea, Rep. GDP in current US dollar was 702,717 million.
  • GNI per capita, Atlas method (current US$) was 13,790.00 .
  • Korea, Rep. Trade balance: as % of GDP was 1.62.
  • Trade balance in current US$ was 11,392.00 million.
  • Trade as percentage of GDP was 61.17 .
  • Trade in services as percentage of GDP was 10.87 .

Trade Indicators 2003

Trade Indicators for Korea, Rep. in 2003 are below

  • Hirschman Herfindahl market concentration index was 0.09.
  • Index of export market penetration was 19.34.
  • World Growth in percentage was 7.11 and Korea, Rep. Country Growth was 10.07 .