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Korea, Rep. Trade Summary

2004

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. 2004

Overall Exports and Imports for Korea, Rep. 2004

Exports and imports of Korea, Rep. in 2004 are below, along with number of countries and products

  • The total value of exports (FoB) was 253,845 million.
  • The total value of imports (CIF) was 224,461 million.
  • At the HS6 digit level, 4,361 products were exported to 223 countries and 4,767 products were imported from 218 countries.

Korea, Rep. top 5 Export and Import partners 2004

Top five countries to which Korea, Rep. exported in 2004 are below, along with the percent of total exports that went to that country:

  1. Korea, Rep. exports to China worth US$ 49,763 million, with a partner share of 19.60 percent.
  2. Korea, Rep. exports to United States worth US$ 43,027 million, with a partner share of 16.95 percent.
  3. Korea, Rep. exports to Japan worth US$ 21,701 million, with a partner share of 8.55 percent.
  4. Korea, Rep. exports to Hong Kong, China worth US$ 18,127 million, with a partner share of 7.14 percent.
  5. Korea, Rep. exports to Other Asia, nes worth US$ 9,844 million, with a partner share of 3.88 percent.

Top five countries from which Korea, Rep. imported goods in 2004 are below, along with percent of total imports that came from the country :

  1. Korea, Rep. imports from Japan worth US$ 46,144 million, with a partner share of 20.56 percent.
  2. Korea, Rep. imports from China worth US$ 29,585 million, with a partner share of 13.18 percent.
  3. Korea, Rep. imports from United States worth US$ 28,919 million, with a partner share of 12.88 percent.
  4. Korea, Rep. imports from Saudi Arabia worth US$ 11,800 million, with a partner share of 5.26 percent.
  5. Korea, Rep. imports from Germany worth US$ 8,485 million, with a partner share of 3.78 percent.

Korea, Rep. Top 5 Productsexports imports at HS 6 digit level 2004

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 US$ 19,403,664.27 million.
  2. Korea, Rep. exported Monolithic integrated circuits, digital , worth US$ 17,079,559.10 million.
  3. Korea, Rep. exported Automobiles with reciprocating piston engine di , worth US$ 12,531,899.45 million.
  4. Korea, Rep. exported Parts and accessories of automatic data process , worth US$ 10,832,119.53 million.
  5. Korea, Rep. exported Petroleum oils, etc, (excl. crude); preparation , worth US$ 9,994,514.66 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$ 29,917,156.57 million.
  2. Korea, Rep. imported Monolithic integrated circuits, digital , worth US$ 16,773,838.61 million.
  3. Korea, Rep. imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 6,605,823.88 million.
  4. Korea, Rep. imported Natural gas, liquefied , worth US$ 6,551,553.22 million.
  5. Korea, Rep. imported Bituminous coal, not agglomerated , worth US$ 3,891,440.05 million.

Exports and Imports of Product Groups 2004

Exports and imports of products by stages of processing in 2004 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2004

Tariffs imposed by Korea, Rep. in 2004 are below

  • The maximum rate of tariff in percentage on any product was 887.40 percent.
  • The simple average tariff across all products was 9.12 percent.
  • The trade weighted average tariff was 9.25 .
  • The total duty free imports in thousands of US dollars were 58,196,668.07 and duty free tariff line items share was 16.78 percent.

Development Indicators 2004

Key Development Indicators of Korea, Rep. in 2004 are below

  • Korea, Rep. GDP in current US dollar was 793,175 million.
  • GNI per capita, Atlas method (current US$) was 16,200.00 .
  • Korea, Rep. Trade balance: as % of GDP was 3.49.
  • Trade balance in current US$ was 27,705.00 million.
  • Trade as percentage of GDP was 70.02 .
  • Trade in services as percentage of GDP was 12.06 .

Trade Indicators 2004

Trade Indicators for Korea, Rep. in 2004 are below

  • Hirschman Herfindahl market concentration index was 0.10.
  • Index of export market penetration was 19.56.
  • World Growth in percentage was 10.40 and Korea, Rep. Country Growth was 14.18 .