South Korea: Trade Statistics
Exporter Rank
5 / 121
Importer Rank
8 / 121
Trade Balance Rank
4 / 121
Total Trade [1]
| Total Exports (2017) | $573,627,368,937 |
|---|---|
| Total Imports (2017) | $478,469,167,573 |
| Trade Balance (2017) | $95,158,201,364 |
| Exports of goods and services (% of GDP) (2017) [2] | 43.09% |
| Imports of goods and services (% of GDP) (2017) [2] | 37.69% |
Trade Partners [1]
Export Partners
Top 10 Export Countries
| Country | Export USD$ |
|---|---|
| China | $142,119,046,217 |
| United States | $68,852,265,159 |
| Vietnam | $47,753,837,501 |
| Hong Kong | $39,059,145,761 |
| Japan | $26,814,294,012 |
| Australia | $19,861,457,998 |
| India | $15,055,543,131 |
| Singapore | $11,651,933,043 |
| Mexico | $10,932,591,461 |
| Philippines | $10,593,712,965 |
Import Partners
Top 10 Import Countries
| Country | Import USD$ |
|---|---|
| China | $97,859,480,414 |
| Japan | $55,124,445,143 |
| United States | $50,908,004,200 |
| Germany | $19,748,244,797 |
| Saudi Arabia | $19,590,479,699 |
| Australia | $19,158,973,705 |
| Vietnam | $16,176,991,730 |
| Russia | $12,039,456,724 |
| Qatar | $11,267,090,119 |
| Kuwait | $9,593,955,251 |
Traded Goods [1] (at the 2-digit HS Code level)
Top 10 Export Goods
| HS Code | Export USD$ |
|---|---|
| (85) Electrical Machinery | $163,060,810,755 |
| (84) Industrial Machinery | $69,309,971,807 |
| (87) Motor Vehicles & Parts | $61,918,872,991 |
| (89) Ships & Boats | $40,989,031,892 |
| (27) Oil & Mineral Fuels | $36,401,258,319 |
| (39) Plastics | $31,481,382,713 |
| (90) Precision Instruments | $29,006,989,902 |
| (29) Organic Chemicals | $22,691,690,625 |
| (72) Iron & Steel | $22,330,318,765 |
| (73) Iron & Steel Articles | $13,079,995,439 |
Top 10 Import Goods
| HS Code | Import USD$ |
|---|---|
| (27) Oil & Mineral Fuels | $109,954,124,116 |
| (85) Electrical Machinery | $82,864,263,625 |
| (84) Industrial Machinery | $60,545,296,450 |
| (90) Precision Instruments | $21,659,246,075 |
| (72) Iron & Steel | $16,544,186,046 |
| (87) Motor Vehicles & Parts | $15,720,828,930 |
| (26) Ores | $14,208,149,431 |
| (29) Organic Chemicals | $12,751,505,020 |
| (39) Plastics | $11,104,980,547 |
| (38) Chemical Products | $7,481,190,816 |
Sources:
- UN Comtrade (2017) except where stated otherwise.
- The World Bank. Accessed: 12/1/2018
South Korea