Korea, Rep. Trade Summary

2018 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): 604,807
No. Of products: 4,312
No. Of partners: 223
Importsmore »
Imports (in US$ Mil): 535,183
No. Of products: 4,486
No. Of partners: 230

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Monolithic integrate ...109,522,362.49
Petroleum oils, etc, ...44,715,350.78
Automobiles with rec ...19,610,960.95
Parts and accessorie ...18,501,092.96
Optical devices, app ...11,785,603.59
Imports (US$ Thousands)
Petroleum oils and o ...80,393,245.33
Monolithic integrate ...34,575,317.38
Natural gas, liquefi ...23,188,916.22
Petroleum oils, etc, ...21,023,454.00
Bituminous coal, not ...14,668,105.26

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
China162,125 26.81
United States73,044 12.08
Vietnam48,622 8.04
Hong Kong, China45,979 7.60
Japan30,527 5.05
Exporter Trade (US$ Mil) Partner share(%)
China106,488 19.90
United States59,081 11.04
Japan54,603 10.20
Saudi Arabia26,336 4.92
Germany20,853 3.90

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials3,755 0.62 140,788 26.31 8.81
Intermediate goods141,488 23.39 98,002 18.31 2.91
Consumer goods138,545 22.91 131,651 24.60 3.63
Capital goods320,970 53.07 164,645 30.76 2.10

Trade Indicators

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HH Market concentration index: 0.14
Index of export market penetration: 19.65
World Growth: 3.50
Country Growth: -0.85

Tariffs

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No Of Tariff Agreement: 27
Maximum Rate (%): 887.40
Simple Average (%): 5.23
Weighted Average (%): 4.83
Duty Free Imports (US$ Thousand): 234,335,059.52
Duty Free Tariff Lines Share (%): 68.57

Development Indicators

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GDP (current US$): 1,619,424
GNI per capita, Atlas method (current US$): 30,600.00
Trade Balance (% of GDP): 5.02
Trade Balance (current US$ Mil): 81,236.00
Trade in services (% of GDP): 14.07
Trade (% of GDP): 83.00