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Korea, Rep. Trade Summary

2009

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. 2009

Overall Exports and Imports for Korea, Rep. 2009

Exports and imports of Korea, Rep. in 2009 are below, along with number of countries and products

  • The total value of exports (FoB) was 363,531 million.
  • The total value of imports (CIF) was 323,082 million.
  • At the HS6 digit level, 4,224 products were exported to 224 countries and 4,532 products were imported from 220 countries.

Korea, Rep. top 5 Export and Import partners 2009

Top five countries to which Korea, Rep. exported in 2009 are below, along with the percent of total exports that went to that country:

  1. Korea, Rep. exports to China worth US$ 86,703 million, with a partner share of 23.85 percent.
  2. Korea, Rep. exports to United States worth US$ 37,803 million, with a partner share of 10.40 percent.
  3. Korea, Rep. exports to Japan worth US$ 21,771 million, with a partner share of 5.99 percent.
  4. Korea, Rep. exports to Hong Kong, China worth US$ 19,661 million, with a partner share of 5.41 percent.
  5. Korea, Rep. exports to Singapore worth US$ 13,617 million, with a partner share of 3.75 percent.

Top five countries from which Korea, Rep. imported goods in 2009 are below, along with percent of total imports that came from the country :

  1. Korea, Rep. imports from China worth US$ 54,246 million, with a partner share of 16.79 percent.
  2. Korea, Rep. imports from Japan worth US$ 49,427 million, with a partner share of 15.30 percent.
  3. Korea, Rep. imports from United States worth US$ 29,160 million, with a partner share of 9.03 percent.
  4. Korea, Rep. imports from Saudi Arabia worth US$ 19,737 million, with a partner share of 6.11 percent.
  5. Korea, Rep. imports from Australia worth US$ 14,756 million, with a partner share of 4.57 percent.

Korea, Rep. Top 5 Productsexports imports at HS 6 digit level 2009

The top five exported HS 6 digit level products to world by Korea, Rep. along with trade value are:

  1. Korea, Rep. exported Tankers , worth 23,976,439.54 (US$ Thousands).
  2. Korea, Rep. exported Optical devices, appliances and instruments, ne , worth 23,113,939.40 (US$ Thousands).
  3. Korea, Rep. exported Monolithic integrated circuits, digital , worth 23,018,565.41 (US$ Thousands).
  4. Korea, Rep. exported Petroleum oils, etc, (excl. crude); preparation , worth 22,145,423.60 (US$ Thousands).
  5. Korea, Rep. exported Transmission apparatus, for radioteleph incorpo , worth 18,145,801.44 (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 50,757,395.96 (US$ Thousands).
  2. Korea, Rep. imported Monolithic integrated circuits, digital , worth 15,597,387.02 (US$ Thousands).
  3. Korea, Rep. imported Natural gas, liquefied , worth 13,874,984.99 (US$ Thousands).
  4. Korea, Rep. imported Petroleum oils, etc, (excl. crude); preparation , worth 12,431,283.75 (US$ Thousands).
  5. Korea, Rep. imported Bituminous coal, not agglomerated , worth 8,996,945.68 (US$ Thousands).

Exports and Imports of Product Groups 2009

Exports and imports of products by stages of processing in 2009 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2009

Tariffs imposed by Korea, Rep. in 2009 are below

  • The maximum rate of tariff in percentage on any product was 887.40 percent.
  • The simple average tariff across all products was 9.97 percent.
  • The trade weighted average tariff was 7.80 .
  • The total duty free imports in thousands of US dollars were 98,697,076.68 and duty free tariff line items share was 20.34 percent.

Development Indicators 2009

Key Development Indicators of Korea, Rep. in 2009 are below

  • Korea, Rep. GDP in current US dollar was 943,942 million.
  • GNI per capita, Atlas method (current US$) was 22,040.00 .
  • Korea, Rep. Trade balance: as % of GDP was 4.24.
  • Trade balance in current US$ was 39,996.00 million.
  • Trade as percentage of GDP was 86.13 .
  • Trade in services as percentage of GDP was 16.36 .

Trade Indicators 2009

Trade Indicators for Korea, Rep. in 2009 are below

  • Hirschman Herfindahl market concentration index was 0.10.
  • Index of export market penetration was 20.81.
  • World Growth in percentage was -12.22 and Korea, Rep. Country Growth was -8.80 .