Korea, Rep. Trade Summary

2008 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): 422,003
No. Of products: 4,216
No. Of partners: 219
Importsmore »
Imports (in US$ Mil): 435,271
No. Of products: 4,532
No. Of partners: 220

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Petroleum oils, etc, ...36,627,272.07
Monolithic integrate ...24,380,243.52
Transmission apparat ...22,139,382.89
Tankers20,690,875.80
Optical devices, app ...17,950,875.04
Imports (US$ Thousands)
Petroleum oils and o ...85,856,206.06
Monolithic integrate ...20,736,095.88
Natural gas, liquefi ...19,806,104.21
Petroleum oils, etc, ...17,080,907.60
Bituminous coal, not ...11,155,646.65

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
China91,389 21.66
United States46,501 11.02
Japan28,252 6.69
Hong Kong, China19,771 4.69
Singapore16,293 3.86
Exporter Trade (US$ Mil) Partner share(%)
China76,927 17.67
Japan60,956 14.00
United States38,556 8.86
Saudi Arabia33,782 7.76
United Arab Emirates19,249 4.42

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials3,297 0.78 133,832 30.75 16.98
Intermediate goods97,831 23.18 99,728 22.91 3.95
Consumer goods99,673 23.62 84,285 19.36 6.52
Capital goods221,152 52.41 117,374 26.97 3.28

Trade Indicators

more »
HH Market concentration index: 0.09
Index of export market penetration: 20.76
World Growth: 7.47
Country Growth: 4.91

Tariffs

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No Of Tariff Agreement: 6
Maximum Rate (%): 887.40
Simple Average (%): 9.76
Weighted Average (%): 8.26
Duty Free Imports (US$ Thousand): 132,488,518.20
Duty Free Tariff Lines Share (%): 19.67

Development Indicators

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GDP (current US$): 1,002,219
GNI per capita, Atlas method (current US$): 22,800.00
Trade Balance (% of GDP): -0.01
Trade Balance (current US$ Mil): -108.00
Trade in services (% of GDP): 18.88
Trade (% of GDP): 99.93