Overall Exports and Imports for Korea, Rep. 2022
- The total value of exports (FOB) is US$ 683,551 million.
- The total value of imports (CIF) is US$ 731,361 million.
- At the HS6 digit level, 4,257 products are exported to 225 countries and 4,457 products are imported from 230 countries.
Top 5 Products exports imports at HS 6 digit level 2022
The top five exported HS 6 digit level products to world by Korea, Rep. along with trade value are:
- Korea, Rep. exported Monolithic integrated circuits, digital , worth 112,407,099.04 (US$ Thousands).
- Korea, Rep. exported Petroleum oils, etc, (excl. crude); preparation , worth 61,560,257.46 (US$ Thousands).
- Korea, Rep. exported Transmission apparatus, for radioteleph incorpo , worth 24,942,280.18 (US$ Thousands).
- Korea, Rep. exported Automobiles with reciprocating piston engine di , worth 17,491,799.38 (US$ Thousands).
- Korea, Rep. exported Automobiles nes including gas turbine powered , worth 16,082,477.45 (US$ Thousands).
The top five imported HS 6 digit level products from world by Korea, Rep. along with trade value are
- Korea, Rep. imported Petroleum oils and oils obtained from bituminou , worth 105,963,515.69 (US$ Thousands).
- Korea, Rep. imported Monolithic integrated circuits, digital , worth 62,349,978.23 (US$ Thousands).
- Korea, Rep. imported Natural gas, liquefied , worth 50,022,187.60 (US$ Thousands).
- Korea, Rep. imported Petroleum oils, etc, (excl. crude); preparation , worth 26,325,116.16 (US$ Thousands).
- Korea, Rep. imported Bituminous coal, not agglomerated , worth 26,230,598.69 (US$ Thousands).
Korea, Rep. top 5 Export and Import partners 2022
The top five countries to which Korea, Rep. exported 2022 along with the partner share in percentage are:
- Korea, Rep. exports to China worth US$ 155,789 million, with a partner share of 22.79 percent.
- Korea, Rep. exports to United States worth US$ 110,171 million, with a partner share of 16.12 percent.
- Korea, Rep. exports to Vietnam worth US$ 60,964 million, with a partner share of 8.92 percent.
- Korea, Rep. exports to Japan worth US$ 30,606 million, with a partner share of 4.48 percent.
- Korea, Rep. exports to Hong Kong, China worth US$ 27,650 million, with a partner share of 4.05 percent.
The top five countries to which Korea, Rep. imported goods 2022 along with the share in percentage are
- Korea, Rep. imports from China worth US$ 154,576 million, with a partner share of 21.14 percent.
- Korea, Rep. imports from United States worth US$ 82,134 million, with a partner share of 11.23 percent.
- Korea, Rep. imports from Japan worth US$ 54,712 million, with a partner share of 7.48 percent.
- Korea, Rep. imports from Australia worth US$ 44,929 million, with a partner share of 6.14 percent.
- Korea, Rep. imports from Saudi Arabia worth US$ 41,640 million, with a partner share of 5.69 percent.
Korea, Rep. Exports and Imports of Product Groups 2022
Exports and imports of products by stages of processing in 2022 are below along with their corresponding Product Share as percent of total export or import.
- Korea, Rep. Raw materials exports are worth US$ 6,282 million, product share of 0.92%.
- Korea, Rep. Raw materials imports are worth US$ 195,184 million, product share of 26.69%.
- Korea, Rep. Intermediate goods exports are worth US$ 169,126 million, product share of 24.74%.
- Korea, Rep. Intermediate goods imports are worth US$ 127,966 million, product share of 17.50%.
- Korea, Rep. Consumer goods exports are worth US$ 189,428 million, product share of 27.71%.
- Korea, Rep. Consumer goods imports are worth US$ 189,995 million, product share of 25.98%.
- Korea, Rep. Capital goods exports are worth US$ 318,668 million, product share of 46.62%.
- Korea, Rep. Capital goods imports are worth US$ 218,062 million, product share of 29.82%.
Korea, Rep. Trade Indicators 2022
- Hirschman Herfindahl Market concentration index is 0.10.
- Index of export market penetration is 0.10.
- World Growth in percentage is 0.10 and Korea, Rep. Country Growth is 3.62.
Korea, Rep. Service Trade data from WDI 2022
- Korea, Rep., Service imports (BoP, current US$) is 135,728,500,000.00.
- Korea, Rep., Service exports (BoP, current US$) is 130,181,000,000.00.
- Korea, Rep., Imports of goods and services as percentage of GDP is 48.53 %.
- Korea, Rep., Exports of goods and services as percentage of GDP is 48.26 %.