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Korea, Rep. Trade Summary

2005

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. 2005

Overall Exports and Imports for Korea, Rep. 2005

Exports and imports of Korea, Rep. in 2005 are below, along with number of countries and products

  • The total value of exports (FoB) was 284,418 million.
  • The total value of imports (CIF) was 261,236 million.
  • At the HS6 digit level, 4,386 products were exported to 220 countries and 4,766 products were imported from 216 countries.

Korea, Rep. top 5 Export and Import partners 2005

Top five countries to which Korea, Rep. exported in 2005 are below, along with the percent of total exports that went to that country:

  1. Korea, Rep. exports to China worth US$ 61,915 million, with a partner share of 21.77 percent.
  2. Korea, Rep. exports to United States worth US$ 41,499 million, with a partner share of 14.59 percent.
  3. Korea, Rep. exports to Japan worth US$ 24,027 million, with a partner share of 8.45 percent.
  4. Korea, Rep. exports to Hong Kong, China worth US$ 15,531 million, with a partner share of 5.46 percent.
  5. Korea, Rep. exports to Other Asia, nes worth US$ 10,863 million, with a partner share of 3.82 percent.

Top five countries from which Korea, Rep. imported goods in 2005 are below, along with percent of total imports that came from the country :

  1. Korea, Rep. imports from Japan worth US$ 48,403 million, with a partner share of 18.53 percent.
  2. Korea, Rep. imports from China worth US$ 38,648 million, with a partner share of 14.79 percent.
  3. Korea, Rep. imports from United States worth US$ 30,787 million, with a partner share of 11.79 percent.
  4. Korea, Rep. imports from Saudi Arabia worth US$ 16,106 million, with a partner share of 6.17 percent.
  5. Korea, Rep. imports from United Arab Emirates worth US$ 10,018 million, with a partner share of 3.84 percent.

Korea, Rep. Top 5 Productsexports imports at HS 6 digit level 2005

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$ 19,476,079.20 million.
  2. Korea, Rep. exported Monolithic integrated circuits, digital , worth US$ 18,159,753.43 million.
  3. Korea, Rep. exported Petroleum oils, etc, (excl. crude); preparation , worth US$ 15,109,186.97 million.
  4. Korea, Rep. exported Automobiles with reciprocating piston engine di , worth US$ 13,557,971.23 million.
  5. Korea, Rep. exported Parts suitable for use solely or princ with the , worth US$ 10,438,141.41 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$ 42,605,836.21 million.
  2. Korea, Rep. imported Monolithic integrated circuits, digital , worth US$ 17,800,504.34 million.
  3. Korea, Rep. imported Natural gas, liquefied , worth US$ 8,646,484.25 million.
  4. Korea, Rep. imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 7,496,074.02 million.
  5. Korea, Rep. imported Bituminous coal, not agglomerated , worth US$ 4,803,070.52 million.

Exports and Imports of Product Groups 2005

Exports and imports of products by stages of processing in 2005 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2005

Tariffs imposed by Korea, Rep. in 2005 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 7.95 .
  • The total duty free imports in thousands of US dollars were 66,822,408.11 and duty free tariff line items share was 16.73 percent.

Development Indicators 2005

Key Development Indicators of Korea, Rep. in 2005 are below

  • Korea, Rep. GDP in current US dollar was 934,901 million.
  • GNI per capita, Atlas method (current US$) was 18,520.00 .
  • Korea, Rep. Trade balance: as % of GDP was 2.24.
  • Trade balance in current US$ was 20,954.00 million.
  • Trade as percentage of GDP was 68.32 .
  • Trade in services as percentage of GDP was 11.77 .

Trade Indicators 2005

Trade Indicators for Korea, Rep. in 2005 are below

  • Hirschman Herfindahl market concentration index was 0.10.
  • Index of export market penetration was 19.80.
  • World Growth in percentage was 6.13 and Korea, Rep. Country Growth was 6.22 .