Korea, Rep. Trade Summary

2007 Data

Korea, Rep. exports, imports, tariff by year.

Country / 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.

Overall Exports and Imports

Exportsmore »
Exports (in US$ Mil): 371,477
No. Of products: 4,181
No. Of partners: 219
Importsmore »
Imports (in US$ Mil): 356,841
No. Of products: 4,520
No. Of partners: 218

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Monolithic integrate ...27,603,172.89
Petroleum oils, etc, ...23,342,328.73
Transmission apparat ...18,688,819.06
Automobiles with rec ...16,595,025.96
Optical devices, app ...16,258,145.48
Imports (US$ Thousands)
Petroleum oils and o ...60,322,908.21
Monolithic integrate ...20,172,648.50
Natural gas, liquefi ...12,653,251.01
Petroleum oils, etc, ...11,664,908.20
Machines & mechanica ...9,015,355.69

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
China81,985 22.07
United States45,884 12.35
Japan26,370 7.10
Hong Kong, China18,654 5.02
Other Asia, nes13,027 3.51
Exporter Trade (US$ Mil) Partner share(%)
China63,025 17.66
Japan56,250 15.76
United States37,393 10.48
Saudi Arabia21,163 5.93
Germany13,534 3.79

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials2,853 0.77 96,055 26.92 14.86
Intermediate goods84,107 22.64 83,566 23.42 4.10
Consumer goods87,418 23.53 67,446 18.90 6.69
Capital goods197,043 53.04 109,718 30.75 2.96

Trade Indicators

more »
HH Market concentration index: 0.10
Index of export market penetration: 20.82
World Growth: 7.24
Country Growth: 5.13

Tariffs

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No Of Tariff Agreement: 12
Maximum Rate (%): 887.40
Simple Average (%): 8.36
Weighted Average (%): 7.13
Duty Free Imports (US$ Thousand): 112,389,137.35
Duty Free Tariff Lines Share (%): 26.70

Development Indicators

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GDP (current US$ Mil): 1,122,679
GNI per capita, Atlas method (current US$): 22,420.00
Trade Balance (% of GDP): 1.13
Trade Balance (current US$ Mil): 12,645.00
Trade in services (% of GDP): 13.94
Trade (% of GDP): 77.24