Korea, Rep. Trade Summary

2012 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): 547,854
No. Of products: 4,235
No. Of partners: 225
Importsmore »
Imports (in US$ Mil): 519,576
No. Of products: 4,507
No. Of partners: 224

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Petroleum oils, etc, ...54,726,250.81
Monolithic integrate ...41,134,573.53
Automobiles with rec ...27,767,857.10
Optical devices, app ...27,200,435.22
Cargo vessels nes an ...18,451,993.22
Imports (US$ Thousands)
Petroleum oils and o ...108,298,230.91
Natural gas, liquefi ...27,364,463.64
Petroleum oils, etc, ...25,700,638.73
Monolithic integrate ...25,368,416.19
Bituminous coal, not ...14,221,222.94

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
China134,322 24.52
United States58,807 10.73
Japan38,796 7.08
Hong Kong, China32,605 5.95
Singapore22,888 4.18
Exporter Trade (US$ Mil) Partner share(%)
China80,782 15.55
Japan64,363 12.39
United States43,652 8.40
Saudi Arabia39,707 7.64
Qatar25,505 4.91

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials4,022 0.73 172,528 33.21 10.99
Intermediate goods132,693 24.22 100,967 19.43 5.04
Consumer goods141,438 25.82 114,914 22.12 7.08
Capital goods269,634 49.22 131,141 25.24 3.36

Trade Indicators

more »
HH Market concentration index: 0.11
Index of export market penetration: 21.55
World Growth: 0.03
Country Growth: 0.95

Tariffs

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No Of Tariff Agreement: 6
Maximum Rate (%): 887.40
Simple Average (%): 10.18
Weighted Average (%): 7.59
Duty Free Imports (US$ Thousand): 141,248,894.47
Duty Free Tariff Lines Share (%): 21.03

Development Indicators

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GDP (current US$): 1,222,807
GNI per capita, Atlas method (current US$): 24,550.00
Trade Balance (% of GDP): 2.79
Trade Balance (current US$ Mil): 34,169.00
Trade in services (% of GDP): 17.36
Trade (% of GDP): 109.89