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Korea, Rep. Trade Summary

2006

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. 2006

Overall Exports and Imports for Korea, Rep. 2006

Exports and imports of Korea, Rep. in 2006 are below, along with number of countries and products

  • The total value of exports (FoB) was 325,457 million.
  • The total value of imports (CIF) was 309,379 million.
  • At the HS6 digit level, 4,358 products were exported to 218 countries and 4,764 products were imported from 223 countries.

Korea, Rep. top 5 Export and Import partners 2006

Top five countries to which Korea, Rep. exported in 2006 are below, along with the percent of total exports that went to that country:

  1. Korea, Rep. exports to China worth US$ 69,459 million, with a partner share of 21.34 percent.
  2. Korea, Rep. exports to United States worth US$ 43,320 million, with a partner share of 13.31 percent.
  3. Korea, Rep. exports to Japan worth US$ 26,534 million, with a partner share of 8.15 percent.
  4. Korea, Rep. exports to Hong Kong, China worth US$ 18,978 million, with a partner share of 5.83 percent.
  5. Korea, Rep. exports to Other Asia, nes worth US$ 12,996 million, with a partner share of 3.99 percent.

Top five countries from which Korea, Rep. imported goods in 2006 are below, along with percent of total imports that came from the country :

  1. Korea, Rep. imports from Japan worth US$ 51,926 million, with a partner share of 16.78 percent.
  2. Korea, Rep. imports from China worth US$ 48,557 million, with a partner share of 15.69 percent.
  3. Korea, Rep. imports from United States worth US$ 33,797 million, with a partner share of 10.92 percent.
  4. Korea, Rep. imports from Saudi Arabia worth US$ 20,552 million, with a partner share of 6.64 percent.
  5. Korea, Rep. imports from United Arab Emirates worth US$ 12,931 million, with a partner share of 4.18 percent.

Korea, Rep. Top 5 Productsexports imports at HS 6 digit level 2006

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 21,998,320.62 (US$ Thousands).
  2. Korea, Rep. exported Petroleum oils, etc, (excl. crude); preparation , worth 19,934,465.26 (US$ Thousands).
  3. Korea, Rep. exported Transmission apparatus, for radioteleph incorpo , worth 17,321,619.80 (US$ Thousands).
  4. Korea, Rep. exported Automobiles with reciprocating piston engine di , worth 14,520,893.79 (US$ Thousands).
  5. Korea, Rep. exported Parts suitable for use solely or princ with the , worth 13,307,262.00 (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 55,864,936.20 (US$ Thousands).
  2. Korea, Rep. imported Monolithic integrated circuits, digital , worth 18,026,054.59 (US$ Thousands).
  3. Korea, Rep. imported Natural gas, liquefied , worth 11,924,908.89 (US$ Thousands).
  4. Korea, Rep. imported Petroleum oils, etc, (excl. crude); preparation , worth 9,281,923.46 (US$ Thousands).
  5. Korea, Rep. imported Bituminous coal, not agglomerated , worth 4,699,843.80 (US$ Thousands).

Exports and Imports of Product Groups 2006

Exports and imports of products by stages of processing in 2006 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2006

Tariffs imposed by Korea, Rep. in 2006 are below

  • The maximum rate of tariff in percentage on any product was 887.40 percent.
  • The simple average tariff across all products was 9.20 percent.
  • The trade weighted average tariff was 7.43 .
  • The total duty free imports in thousands of US dollars were 78,040,946.60 and duty free tariff line items share was 16.70 percent.

Development Indicators 2006

Key Development Indicators of Korea, Rep. in 2006 are below

  • Korea, Rep. GDP in current US dollar was 1,053,217 million.
  • GNI per capita, Atlas method (current US$) was 20,800.00 .
  • Korea, Rep. Trade balance: as % of GDP was 0.60.
  • Trade balance in current US$ was 6,329.00 million.
  • Trade as percentage of GDP was 70.65 .
  • Trade in services as percentage of GDP was 12.06 .

Trade Indicators 2006

Trade Indicators for Korea, Rep. in 2006 are below

  • Hirschman Herfindahl market concentration index was 0.10.
  • Index of export market penetration was 20.22.
  • World Growth in percentage was 7.66 and Korea, Rep. Country Growth was 8.18 .