Overall Exports and Imports for Korea, Rep. 2021
- The total value of exports (FOB) is US$ 644,373 million.
- The total value of imports (CIF) is US$ 615,073 million.
- At the HS6 digit level, 4,293 products are exported to 224 countries and 4,482 products are imported from 231 countries.
Top 5 Products exports imports at HS 6 digit level 2021
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 US$ 108,933,833.10 million.
- Korea, Rep. exported Petroleum oils, etc, (excl. crude); preparation , worth US$ 37,019,892.07 million.
- Korea, Rep. exported Automobiles with reciprocating piston engine di , worth US$ 16,415,829.86 million.
- Korea, Rep. exported Parts and accessories of automatic data process , worth US$ 16,000,186.62 million.
- Korea, Rep. exported Parts of electrical apparatus for line telephon , worth US$ 15,965,292.97 million.
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 US$ 67,012,528.18 million.
- Korea, Rep. imported Monolithic integrated circuits, digital , worth US$ 50,319,734.18 million.
- Korea, Rep. imported Natural gas, liquefied , worth US$ 25,452,783.23 million.
- Korea, Rep. imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 23,543,964.40 million.
- Korea, Rep. imported Apparatus and equipment for photographic (incl , worth US$ 16,404,465.82 million.
Korea, Rep. top 5 Export and Import partners 2021
The top five countries to which Korea, Rep. exported 2021 along with the partner share in percentage are:
- Korea, Rep. exports to China worth US$ 162,913 million, with a partner share of 25.28 percent.
- Korea, Rep. exports to United States worth US$ 96,299 million, with a partner share of 14.94 percent.
- Korea, Rep. exports to Vietnam worth US$ 56,729 million, with a partner share of 8.80 percent.
- Korea, Rep. exports to Hong Kong, China worth US$ 37,465 million, with a partner share of 5.81 percent.
- Korea, Rep. exports to Japan worth US$ 30,062 million, with a partner share of 4.67 percent.
The top five countries to which Korea, Rep. imported goods 2021 along with the share in percentage are
- Korea, Rep. imports from China worth US$ 138,627 million, with a partner share of 22.54 percent.
- Korea, Rep. imports from United States worth US$ 73,659 million, with a partner share of 11.98 percent.
- Korea, Rep. imports from Japan worth US$ 54,641 million, with a partner share of 8.88 percent.
- Korea, Rep. imports from Australia worth US$ 32,916 million, with a partner share of 5.35 percent.
- Korea, Rep. imports from Saudi Arabia worth US$ 24,271 million, with a partner share of 3.95 percent.
Korea, Rep. Exports and Imports of Product Groups 2021
Exports and imports of products by stages of processing in 2021 are below along with their corresponding Product Share as percent of total export or import.
- Korea, Rep. Raw materials exports are worth US$ 5,471 million, product share of 0.85%.
- Korea, Rep. Raw materials imports are worth US$ 140,352 million, product share of 22.82%.
- Korea, Rep. Intermediate goods exports are worth US$ 162,930 million, product share of 25.29%.
- Korea, Rep. Intermediate goods imports are worth US$ 117,721 million, product share of 19.14%.
- Korea, Rep. Consumer goods exports are worth US$ 155,995 million, product share of 24.21%.
- Korea, Rep. Consumer goods imports are worth US$ 154,713 million, product share of 25.15%.
- Korea, Rep. Capital goods exports are worth US$ 319,937 million, product share of 49.65%.
- Korea, Rep. Capital goods imports are worth US$ 202,171 million, product share of 32.87%.
Korea, Rep. Trade Indicators 2021
- Hirschman Herfindahl Market concentration index is 0.12.
- Index of export market penetration is 0.12.
- World Growth in percentage is 0.12 and Korea, Rep. Country Growth is 12.23.
Korea, Rep. Service Trade data from WDI 2021
- Korea, Rep., Service imports (BoP, current US$) is 125,235,200,000.00.
- Korea, Rep., Service exports (BoP, current US$) is 119,948,500,000.00.
- Korea, Rep., Imports of goods and services as percentage of GDP is 38.46 %.
- Korea, Rep., Exports of goods and services as percentage of GDP is 42.04 %.