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Korea, Rep. Trade Summary

2015

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

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. 2015

Overall Exports and Imports for Korea, Rep. 2015

Exports and imports of Korea, Rep. in 2015 are below, along with number of countries and products

  • The total value of exports (FoB) was 526,753 million.
  • The total value of imports (CIF) was 436,487 million.
  • At the HS6 digit level, 4,286 products were exported to 220 countries and 4,507 products were imported from 228 countries.

Korea, Rep. top 5 Export and Import partners 2015

Top five countries to which Korea, Rep. exported in 2015 are below, along with the percent of total exports that went to that country:

  1. Korea, Rep. exports to China worth US$ 137,124 million, with a partner share of 26.03 percent.
  2. Korea, Rep. exports to United States worth US$ 70,117 million, with a partner share of 13.31 percent.
  3. Korea, Rep. exports to Hong Kong, China worth US$ 30,418 million, with a partner share of 5.77 percent.
  4. Korea, Rep. exports to Vietnam worth US$ 27,771 million, with a partner share of 5.27 percent.
  5. Korea, Rep. exports to Japan worth US$ 25,576 million, with a partner share of 4.86 percent.

Top five countries from which Korea, Rep. imported goods in 2015 are below, along with percent of total imports that came from the country :

  1. Korea, Rep. imports from China worth US$ 90,249 million, with a partner share of 20.68 percent.
  2. Korea, Rep. imports from Japan worth US$ 45,853 million, with a partner share of 10.51 percent.
  3. Korea, Rep. imports from United States worth US$ 44,208 million, with a partner share of 10.13 percent.
  4. Korea, Rep. imports from Germany worth US$ 20,956 million, with a partner share of 4.80 percent.
  5. Korea, Rep. imports from Saudi Arabia worth US$ 19,561 million, with a partner share of 4.48 percent.

Korea, Rep. Top 5 Productsexports imports at HS 6 digit level 2015

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

  1. Korea, Rep. exported Monolithic integrated circuits, nes , worth 51,962,961.16 (US$ Thousands).
  2. Korea, Rep. exported Petroleum oils, etc, (excl. crude); preparation , worth 30,621,725.86 (US$ Thousands).
  3. Korea, Rep. exported Automobiles with reciprocating piston engine di , worth 24,059,230.00 (US$ Thousands).
  4. Korea, Rep. exported Optical devices, appliances and instruments, ne , worth 20,954,271.95 (US$ Thousands).
  5. Korea, Rep. exported Parts of electrical apparatus for line telephon , worth 17,611,984.10 (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 55,119,664.17 (US$ Thousands).
  2. Korea, Rep. imported Monolithic integrated circuits, nes , worth 31,523,304.08 (US$ Thousands).
  3. Korea, Rep. imported Natural gas, liquefied , worth 18,779,095.36 (US$ Thousands).
  4. Korea, Rep. imported Petroleum oils, etc, (excl. crude); preparation , worth 15,064,814.54 (US$ Thousands).
  5. Korea, Rep. imported Bituminous coal, not agglomerated , worth 8,674,516.21 (US$ Thousands).

Exports and Imports of Product Groups 2015

Exports and imports of products by stages of processing in 2015 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2015

Tariffs imposed by Korea, Rep. in 2015 are below

  • The maximum rate of tariff in percentage on any product was 887.40 percent.
  • The simple average tariff across all products was 6.05 percent.
  • The trade weighted average tariff was 5.72 .
  • The total duty free imports in thousands of US dollars were 242,668,878.58 and duty free tariff line items share was 64.82 percent.

Development Indicators 2015

Key Development Indicators of Korea, Rep. in 2015 are below

  • Korea, Rep. GDP in current US dollar was 1,465,773 million.
  • GNI per capita, Atlas method (current US$) was 28,720.00 .
  • Korea, Rep. Trade balance: as % of GDP was 6.85.
  • Trade balance in current US$ was 100,356.00 million.
  • Trade as percentage of GDP was 79.13 .
  • Trade in services as percentage of GDP was 14.30 .

Trade Indicators 2015

Trade Indicators for Korea, Rep. in 2015 are below

  • Hirschman Herfindahl market concentration index was 0.13.
  • Index of export market penetration was 22.15.
  • World Growth in percentage was -6.31 and Korea, Rep. Country Growth was -3.87 .