Bilateral Tariff Technical Note

Korea, Rep. trade balance, exports and imports by region

2023

In 2023, Korea, Rep. major trading partner regions for exports were East Asia & Pacific, North America, Europe & Central Asia, Latin America & Caribbean and Middle East, North Africa, Afghanistan & Pakistan and for imports they were East Asia & Pacific, Middle East, North Africa, Afghanistan & Pakistan, Europe & Central Asia, North America and Latin America & Caribbean.

Country

Year/Range

Trade Flow

Indicator

Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

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By Country and Region | By Country | By Region

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Partner Name

No Of exported HS6 digit Products

No Of imported HS6 digit Products

Export Share in Total Products (%)

Import Share in Total Products (%)

Trade Balance (US$ Thousand)

Export (US$ Thousand)

Import (US$ Thousand)

Import Partner Share (%)

Export Partner Share (%)

AHS Simple Average (%)

AHS Weighted Average (%)

AHS Total Tariff Lines

AHS Dutiable Tariff Lines Share (%)

AHS Duty Free Tariff Lines Share (%)

AHS Specific Tariff Lines Share (%)

AHS AVE Tariff Lines Share (%)

AHS MaxRate (%)

AHS MinRate (%)

AHS SpecificDuty Imports(US$ Thousand)

AHS Dutiable Imports (US$ Thousand)

AHS Duty Free Imports (US$ Thousand)

MFN Simple Average (%)

MFN Weighted Average (%)

MFN Total Tariff Lines

MFN Dutiable Tariff Lines Share (%)

MFN Duty Free Tariff Lines Share (%)

MFN Specific Tariff Lines Share (%)

MFN AVE Tariff Lines Share (%)

MFN MaxRate (%)

MFN MinRate (%)

MFN SpecificDuty Imports (US$ Thousand)

MFN Dutiable Imports (US$ Thousand)

MFN Duty Free Imports (US$ Thousand)

No Of Tariff Agreement

East Asia & Pacific

4191

4359

98.20

97.89

9533015.80

316017064.23

306484048.43

47.70

50.02

8.41

3.81

75785

48.42

51.22

0.00

0.36

887.40

0.00

125635750.58

181350288.72

13.15

5.47

9668

79.79

19.65

0.00

0.07

887.40

0.00

168147894.32

138838144.99

Europe & Central Asia

3436

4189

80.51

94.07

4893703.58

97425314.72

92531611.14

14.40

15.42

2.48

4.53

115166

9.63

90.24

0.00

0.13

800.30

0.00

9989030.85

70800118.11

12.13

12.66

9277

79.75

19.86

0.00

0.03

800.30

0.00

56886711.55

23902437.41

Latin America & Caribbean

2657

2249

62.25

50.51

-5773490.63

23917826.27

29691316.91

4.62

3.79

9.89

39.81

18298

53.98

45.57

0.00

0.45

800.30

0.00

12984301.39

16286417.81

13.01

41.89

5542

77.86

21.49

0.00

0.20

800.30

0.00

19379676.91

9891042.29

Middle East, North Africa, Afghanistan & Pakistan

2891

2165

67.74

48.62

-73803228.61

20509020.66

94312249.28

14.68

3.25

10.92

3.07

18213

73.03

26.65

0.00

0.32

800.30

0.00

91270326.49

2906688.57

12.47

3.07

5313

79.15

20.44

0.00

0.12

800.30

0.00

91301576.85

2875438.22

North America

3384

3977

79.29

89.31

46804547.15

124730299.65

77925752.50

12.13

19.74

3.15

4.18

14707

5.07

94.55

0.00

0.39

754.30

0.00

5145438.64

66754255.56

13.58

13.16

8986

79.21

20.22

0.00

0.35

887.40

0.00

52172532.36

19727161.84

South Asia

2733

2880

64.03

64.68

12281750.74

19785883.09

7504132.34

1.17

3.13

7.21

7.40

10154

41.78

57.84

0.00

0.38

800.30

0.00

4830027.73

2490661.42

11.90

11.20

6574

81.02

18.54

0.00

0.29

800.30

0.00

6683755.61

636933.54

Sub-Saharan Africa

2046

1223

47.94

27.46

1519609.22

9039312.65

7519703.43

1.17

1.43

15.12

14.12

9385

54.54

44.69

0.00

0.77

887.40

0.00

2481321.67

4816043.84

16.08

14.94

3295

78.21

21.06

0.00

0.26

887.40

0.00

4148690.82

3148674.69

World

4268

4453

100.00

-10745570.13

631804230.62

642549800.74

100.00

5.80

5.82

263727

31.28

68.44

0.00

0.28

887.40

0.00

252404846.22

347544875.00

13.89

9.07

10230

80.08

19.37

0.00

0.02

887.40

0.00

398789487.28

201160233.93

Korea, Rep. trade balance, exports and imports by region

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