Korea, Rep. Trade Summary

2014 Data

Korea, Rep. exports, imports, tariff by year.
Korea, Rep. monthly trade data
Korea, Rep. quarterly trade data

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): 573,075
No. Of products: 4,277
No. Of partners: 222
Importsmore »
Imports (in US$ Mil): 525,557
No. Of products: 4,512
No. Of partners: 226

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Monolithic integrate ...51,302,391.41
Petroleum oils, etc, ...49,097,847.31
Automobiles with rec ...27,337,064.86
Optical devices, app ...24,294,940.67
Floating docks and v ...13,820,385.58
Imports (US$ Thousands)
Petroleum oils and o ...94,971,595.95
Natural gas, liquefi ...31,423,901.14
Monolithic integrate ...29,855,750.42
Petroleum oils, etc, ...29,661,927.76
Bituminous coal, not ...10,723,077.69

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
China145,328 25.36
United States70,598 12.32
Japan32,248 5.63
Hong Kong, China27,275 4.76
Singapore23,906 4.17
Exporter Trade (US$ Mil) Partner share(%)
China90,071 17.14
Japan53,776 10.23
United States45,531 8.66
Saudi Arabia36,724 6.99
Qatar25,728 4.90

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials3,660 0.64 152,081 28.94 11.11
Intermediate goods135,958 23.72 100,486 19.12 3.68
Consumer goods142,041 24.79 132,330 25.18 4.37
Capital goods291,358 50.84 140,660 26.76 1.80

Trade Indicators

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HH Market concentration index: 0.12
Index of export market penetration: 21.63
World Growth: 0.12
Country Growth: 1.37

Tariffs

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No Of Tariff Agreement: 26
Maximum Rate (%): 887.40
Simple Average (%): 5.98
Weighted Average (%): 6.10
Duty Free Imports (US$ Thousand): 215,433,335.69
Duty Free Tariff Lines Share (%): 59.96

Development Indicators

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GDP (current US$ Mil): 1,411,334
GNI per capita, Atlas method (current US$): 26,800.00
Trade Balance (% of GDP): 5.25
Trade Balance (current US$ Mil): 74,149.00
Trade in services (% of GDP): 16.15
Trade (% of GDP): 95.30