South Korea: Trade Statistics
Exporter Rank
6 / 135
Importer Rank
8 / 134
Trade Balance Rank
4 / 134
Total Trade [1]
| Total Exports (2016) | $495,417,715,559 |
|---|---|
| Total Imports (2016) | $406,181,944,067 |
| Trade Balance (2016) | $89,235,771,492 |
| Exports of goods and services (% of GDP) (2016) [2] | 42.24% |
| Imports of goods and services (% of GDP) (2016) [2] | 35.44% |
Trade Partners [1]
Export Partners
Top 10 Export Countries
| Country | Export USD$ |
|---|---|
| China | $124,432,940,703 |
| United States | $66,748,306,308 |
| Hong Kong | $32,778,597,167 |
| Vietnam | $32,630,457,303 |
| Japan | $24,354,463,716 |
| Singapore | $12,458,894,152 |
| India | $11,596,031,874 |
| Mexico | $9,720,803,662 |
| Marshall Islands | $7,728,391,109 |
| Malaysia | $7,533,346,991 |
Import Partners
Top 10 Import Countries
| Country | Import USD$ |
|---|---|
| China | $86,978,908,585 |
| Japan | $47,466,276,076 |
| United States | $43,397,737,410 |
| Germany | $18,916,821,536 |
| Saudi Arabia | $15,741,673,408 |
| Australia | $15,175,004,193 |
| Vietnam | $12,495,154,372 |
| Qatar | $10,081,308,811 |
| Russia | $8,640,611,776 |
| Indonesia | $8,285,342,821 |
Traded Goods [1] (at the 2-digit HS Code level)
Top 10 Export Goods
| HS Code | Export USD$ |
|---|---|
| (85) Electrical Machinery | $134,286,758,737 |
| (87) Motor Vehicles & Parts | $62,651,437,860 |
| (84) Industrial Machinery | $58,228,652,960 |
| (89) Ships & Boats | $33,143,837,020 |
| (39) Plastics | $27,648,753,374 |
| (90) Precision Instruments | $27,643,870,504 |
| (27) Oil & Mineral Fuels | $27,492,325,720 |
| (72) Iron & Steel | $18,651,252,040 |
| (29) Organic Chemicals | $17,923,733,330 |
| (73) Iron & Steel Articles | $11,111,630,249 |
Top 10 Import Goods
| HS Code | Import USD$ |
|---|---|
| (27) Oil & Mineral Fuels | $81,757,709,010 |
| (85) Electrical Machinery | $75,165,808,078 |
| (84) Industrial Machinery | $46,038,531,669 |
| (90) Precision Instruments | $17,473,782,717 |
| (87) Motor Vehicles & Parts | $15,236,919,477 |
| (72) Iron & Steel | $14,326,549,203 |
| (29) Organic Chemicals | $10,950,574,767 |
| (26) Ores | $10,894,521,005 |
| (39) Plastics | $10,063,550,200 |
| (38) Chemical Products | $6,661,413,779 |
Sources:
- UN Comtrade (2016) except where stated otherwise.
- The World Bank. Accessed: 12/1/2017
South Korea