Korea, Rep. Trade Summary

2011 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): 555,209
No. Of products: 4,261
No. Of partners: 225
Importsmore »
Imports (in US$ Mil): 524,405
No. Of products: 4,537
No. Of partners: 220

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Petroleum oils, etc, ...50,371,143.25
Monolithic integrate ...37,384,664.39
Optical devices, app ...27,308,091.32
Automobiles with rec ...26,282,559.49
Cargo vessels nes an ...20,317,750.14
Imports (US$ Thousands)
Petroleum oils and o ...100,805,574.13
Natural gas, liquefi ...23,859,293.85
Petroleum oils, etc, ...22,029,886.61
Monolithic integrate ...20,038,321.05
Bituminous coal, not ...16,052,360.82

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
China134,185 24.17
United States56,421 10.16
Japan39,679 7.15
Hong Kong, China30,967 5.58
Singapore20,839 3.75
Exporter Trade (US$ Mil) Partner share(%)
China86,431 16.48
Japan68,320 13.03
United States44,815 8.55
Saudi Arabia36,973 7.05
Australia26,316 5.02

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials4,381 0.79 171,616 32.73 12.43
Intermediate goods135,039 24.32 110,169 21.01 4.88
Consumer goods133,180 23.99 105,910 20.20 6.75
Capital goods282,542 50.89 136,621 26.05 3.33

Trade Indicators

more »
HH Market concentration index: 0.11
Index of export market penetration: 21.34
World Growth: 9.30
Country Growth: 8.19

Tariffs

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No Of Tariff Agreement: 5
Maximum Rate (%): 887.40
Simple Average (%): 10.36
Weighted Average (%): 7.32
Duty Free Imports (US$ Thousand): 155,307,550.37
Duty Free Tariff Lines Share (%): 20.53

Development Indicators

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GDP (current US$): 1,202,464
GNI per capita, Atlas method (current US$): 22,540.00
Trade Balance (% of GDP): 1.49
Trade Balance (current US$ Mil): 17,976.00
Trade in services (% of GDP): 16.14
Trade (% of GDP): 110.00