Korea, Rep. Trade Summary

2016 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): 495,418
No. Of products: 4,313
No. Of partners: 221
Importsmore »
Imports (in US$ Mil): 406,182
No. Of products: 4,510
No. Of partners: 228

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Monolithic integrate ...52,057,211.25
Petroleum oils, etc, ...25,528,128.37
Automobiles with rec ...22,007,749.58
Tankers16,311,299.96
Optical devices, app ...15,606,609.40
Imports (US$ Thousands)
Petroleum oils and o ...44,294,822.08
Monolithic integrate ...29,864,305.29
Natural gas, liquefi ...12,169,979.55
Petroleum oils, etc, ...11,744,028.59
Bituminous coal, not ...8,167,821.30

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
China124,433 25.12
United States66,748 13.47
Hong Kong, China32,779 6.62
Vietnam32,630 6.59
Japan24,354 4.92
Exporter Trade (US$ Mil) Partner share(%)
China86,979 21.41
Japan47,466 11.69
United States43,398 10.68
Germany18,917 4.66
Other Asia, nes16,403 4.04

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials3,359 0.68 87,925 21.65 17.43
Intermediate goods112,579 22.72 83,656 20.60 5.47
Consumer goods111,400 22.49 95,801 23.59 9.25
Capital goods268,022 54.10 138,800 34.17 3.09

Trade Indicators

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HH Market concentration index: 0.12
Index of export market penetration: 22.60
World Growth: -1.35
Country Growth: -1.92

Tariffs

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No Of Tariff Agreement: 6
Maximum Rate (%): 887.40
Simple Average (%): 11.12
Weighted Average (%): 8.67
Duty Free Imports (US$ Thousand): 116,454,782.56
Duty Free Tariff Lines Share (%): 19.88

Development Indicators

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GDP (current US$): 1,500,112
GNI per capita, Atlas method (current US$): 29,330.00
Trade Balance (% of GDP): 6.66
Trade Balance (current US$ Mil): 99,930.00
Trade in services (% of GDP): 13.80
Trade (% of GDP): 73.60