Overall Exports and Imports for Korea, Rep. 2020
- The total value of exports (FOB) is US$ 512,710 million.
- The total value of imports (CIF) is US$ 467,498 million.
- At the HS6 digit level, 4,294 products are exported to 225 countries and 4,465 products are imported from 230 countries.
Top 5 Products exports imports at HS 6 digit level 2020
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$ 82,630,429.85 million.
- Korea, Rep. exported Petroleum oils, etc, (excl. crude); preparation , worth US$ 23,169,236.41 million.
- Korea, Rep. exported Automobiles with reciprocating piston engine di , worth US$ 15,352,521.98 million.
- Korea, Rep. exported Parts and accessories of automatic data process , worth US$ 13,919,820.51 million.
- Korea, Rep. exported Parts of electrical apparatus for line telephon , worth US$ 12,840,862.56 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$ 44,461,676.00 million.
- Korea, Rep. imported Monolithic integrated circuits, digital , worth US$ 40,313,202.32 million.
- Korea, Rep. imported Natural gas, liquefied , worth US$ 15,718,259.61 million.
- Korea, Rep. imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 12,738,218.72 million.
- Korea, Rep. imported Apparatus and equipment for photographic (incl , worth US$ 10,352,372.41 million.
Korea, Rep. top 5 Export and Import partners 2020
The top five countries to which Korea, Rep. exported 2020 along with the partner share in percentage are:
- Korea, Rep. exports to China worth US$ 132,555 million, with a partner share of 25.85 percent.
- Korea, Rep. exports to United States worth US$ 74,396 million, with a partner share of 14.51 percent.
- Korea, Rep. exports to Vietnam worth US$ 48,543 million, with a partner share of 9.47 percent.
- Korea, Rep. exports to Hong Kong, China worth US$ 30,630 million, with a partner share of 5.97 percent.
- Korea, Rep. exports to Japan worth US$ 25,092 million, with a partner share of 4.89 percent.
The top five countries to which Korea, Rep. imported goods 2020 along with the share in percentage are
- Korea, Rep. imports from China worth US$ 108,870 million, with a partner share of 23.29 percent.
- Korea, Rep. imports from United States worth US$ 57,765 million, with a partner share of 12.36 percent.
- Korea, Rep. imports from Japan worth US$ 46,025 million, with a partner share of 9.84 percent.
- Korea, Rep. imports from Germany worth US$ 20,667 million, with a partner share of 4.42 percent.
- Korea, Rep. imports from Vietnam worth US$ 20,579 million, with a partner share of 4.40 percent.
Korea, Rep. Exports and Imports of Product Groups 2020
Exports and imports of products by stages of processing in 2020 are below along with their corresponding Product Share as percent of total export or import.
- Korea, Rep. Raw materials exports are worth US$ 3,740 million, product share of 0.73%.
- Korea, Rep. Raw materials imports are worth US$ 96,045 million, product share of 20.54%.
- Korea, Rep. Intermediate goods exports are worth US$ 119,656 million, product share of 23.34%.
- Korea, Rep. Intermediate goods imports are worth US$ 85,079 million, product share of 18.20%.
- Korea, Rep. Consumer goods exports are worth US$ 123,894 million, product share of 24.16%.
- Korea, Rep. Consumer goods imports are worth US$ 118,351 million, product share of 25.32%.
- Korea, Rep. Capital goods exports are worth US$ 265,382 million, product share of 51.76%.
- Korea, Rep. Capital goods imports are worth US$ 167,945 million, product share of 35.92%.
Korea, Rep. Trade Indicators 2020
- 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 -1.20.
Korea, Rep. Service Trade data from WDI 2020
- Korea, Rep., Service imports (BoP, current US$) is 106,296,100,000.00.
- Korea, Rep., Service exports (BoP, current US$) is 90,106,000,000.00.
- Korea, Rep., Imports of goods and services as percentage of GDP is 33.18 %.
- Korea, Rep., Exports of goods and services as percentage of GDP is 36.90 %.