South korea export products. 6 billion, representing a significant 37.

South korea export products 2B, while imports decreased by $-1. Shipbuilding industry export value South Korea 2000-2023; Choose New & Economical suppliers & manufacturers in South-korea from 9385 exporters based on export shipments till Jan - 24 with Price, Buyer, Qty, Ph, Email & Linkedin Oct 7, 2024 · In 2023, the display export value from South Korea amounted to approximately 18. 42B), Coated Flat-Rolled Iron ($868M), and Office Machine Parts ($790M). 16 billion in 2022. 6 billion in September. 51B, a 27. 4 billion, a 22-percent increase over 2020. Over the past 5 years the exports of India to South Korea have increased at an annualized rate of 7. 3 mmt) of imports in China, and 89% (2. The main products that South Korea exported to Tanzania were Refined Petroleum ($113M), X-Ray Equipment ($16. leading agri-food products exports Oct 22, 2024 · In 2023, the amount of dried seaweed exported from South Korea amounted to roughly 35. dollars. Electrical machinery and electronics ’s highest import potential is China with an import gap of $5. 9B), Broadcasting Equipment ($11. 9% of total sales. 7M), Recovered Paper Pulp ($5. Between October 2023 and October 2024 the exports of South Korea's Wood Products have decreased by $-829k (-13. In 2023, goods with a value of around 632. Since then, exports have fluctuated between 30. 8 million U. 3%) from $6. 56 USD Million in February of 2024. 6%) from $260M to Sep 26, 2024 · Leading manufacturing industries South Korea 2023, based on export value; Semiconductor export value from South Korea 2006-2023; Automotive export value South Korea 2000-2023 South Korea Exports of pharmaceutical products was US$6. Over the past 5 years Jun 7, 2023 · In 2022, the agricultural and fishery product with the highest export value from South Korea was instant noodls, called ramyeon at around 765. In the three years following the implementation of the FTA, 2012-2014, U. In 2022, China did not export any services to Exports: Crude Oil and Petroleum Products data remains active status in CEIC and is reported by Petronet. South Korea Exports to Russia - data, historical chart and statistics - was last updated on January of 2025. com Jun 5, 2024 · Export Document Requirements for South Korea. 67%, from $1. The main products that South Korea exported to Australia were Refined Petroleum ($10. South Korea-Mexico Trade: In 2022, South Korea exported $13. exports to South Korea: • $359. 1% in 2022. 6 billion over the most recent five reported years (from $497 billion in 2013 to $509 billion in 2018) South Korea’s Top 5 Commodity Exports Oct 18, 2024 · Number of products exported South Korea 2013-2022; Export value from South Korea in 2023, by commodity; The most important statistics. goods and services, but also as a hub for expansion into other markets. Documents you’ll need to export to South Korea from the U. 88B. Between October 2023 and October 2024 the exports of South Korea 's Pharmaceutical products have increased by $186M (37. Oct 2, 2024 · In 2023, the export value of electric components from South Korea was estimated to reach about 1. 03B, a 6. 56M (0. 2% of Korea’s total exports in 2019 – a relatively low figure compared to other countries where on average 7. 5 million metric tons). 1 % from the previous year’s 41,118 tons. dollars were exported from South Korea. 3 billion trade win. Exports YoY in South Korea averaged 15. The value of U. 16B), and Motor vehicles; parts and accessories (8701 to 8705) ($6. 1B), Cars, tractors, trucks & parts thereof. 1% increase, while automobile exports reached $5. 00%) and Inflation in South Korea is forecast to slow down to 3. In 2022, U. Over the past 5 years the exports of South Korea to Australia have decreased at an annualized rate of Dec 12, 2024 · In 2022, there were 225 export partners of South Korea. Top 10 Export Markets Share of Imports from South Korea - 2017 South Korea's Rank in 2017 Share of Imports from South Korea - 2018 South Korea's Rank in 2018 Change in Share South Korea exports for 2023 was $753. In 2022, Pakistan did not export any services to South Korea. Mar 11, 2024 · Korea International Trade Association, Value of skin care cosmetics exported from South Korea in 2023, by country of destination (in million U. 17 Billion during 2022, according to the United Nations COMTRADE database on international trade. Consumer & Brand reports. 29 Billion during 2023, according to the United Nations COMTRADE database on international trade. Apr 25, 2024 · Number of products exported South Korea 2013-2022; Export value from South Korea in 2023, by commodity; The most important statistics. 11 billion U. Pakistan-South Korea Trade: In 2022, Pakistan exported $473M to South Korea. 3B), Broadcasting Equipment ($5. dollars) [Graph], Korean Foundation for International Cultural Exchange, April 15, 2024 Philippines Exports to South Korea was US$3. supplied a fifth of it, ranking number one. com Jan 1, 2025 · South Korea's exports grew at a faster pace in December, beating market expectations, and ended the year with a record performance, trade data showed on Wednesday, though risks loom in the year ahead. 37% increase from 2020. The main products that South Korea exported to Germany were Cars ($1. 48 Billion during 2023, according to the United Nations COMTRADE database on international trade. 41M and imports accounted up to $262M, resulting in a negative trade balance of $257M. Oct 22, 2024 · The largest single share of South Korea's exports of plastics and articles thereof went to China in 2023, at over 10 billion U. In 2022, India did not export any services to South Korea. The main products that Pakistan exported to South Korea were Refined Petroleum ($204M), Light Pure Woven Cotton ($30. 63B, resulting in a positive trade balance of $5. [ 20 ] [ 54 ] Despite some failed bids, the T-50 has been exported to the Philippines, Iraq, Indonesia, and Thailand, as well as to a number of countries expressing interest in procuring the aircraft In 2022, Vietnam did not export any services to South Korea. Oct 7, 2024 · Total export value of the content industry in South Korea from 2014 to 2022 (in billion U. This page displays a table with South Korea Exports By Category in U. The main products that South Korea exported to Uzbekistan were Motor vehicles; parts and accessories (8701 to 8705) ($942M), Cars ($405M), and Engine Parts ($72. The main products that South Korea exported to United States were Cars ($22. org South Korean imports cost a total US$642. According to the source, South Korea made up 2. 5 million U. 3 billion. 23 billion U. Overview In November 2024, South Korea exported $855M and imported $1. 8M). 7% of sales abroad are made of foodstuff. Exports of Kcs - Petroleum Products in South Korea averaged 3294447. Given its robust shipping and air cargo infrastructure, Korea serves not only as a market destination for U. Oct 1, 2024 · Among products supporting South Korea's export growth were semiconductors, which jumped 37. EPI of plastic products in South Korea 2014-2023; Export value hereinafter referred to as “Post,” and Food Export’s In-Market Representative report that . 04B), Transportation ($797M), and Plastics and Rubbers ($446M). Overview In October 2024 South Korea's Refined Petroleum exports accounted up to $3. Korea’s most critical export sector is semiconductors, accounting for 17. South Korea-Tanzania Trade: In 2022, South Korea exported $344M to Tanzania. 6 million metric tons. South Korea Exports to India was US$18. India Exports to South Korea - data, historical chart and statistics - was last updated on January of 2025. South Korea’s major defense exports are primarily platform systems including aircraft, artillery, and ships. South Korea-Pakistan Trade: In 2022, South Korea exported $1. 5% of the total value, were exported under a BIS license; • $315. 8B and imports accounted up to $5. Milling products, malt South Korea-United States Trade: In 2022, South Korea exported $112B to United States. 41M, while imports increased by $1. 55B, a 6. 25B to $1. Steel Exports Report: South Korea Top Markets by Steel Product Category South Korea’s top export markets by volume vary across types of steel products. South Korea Top 5 Export Products. 4B to $46. From 2022 to 2023, South Korea’s overall spending on imported products dropped by -12. Philippines Exports to South Korea - data, historical chart and statistics - was last updated on January of 2025. 31%) from $50. South Korea’s 5 biggest export products by value in 2023 were electronic integrated circuits, cars, refined petroleum oils, automobile parts or accessories, then flat panel displays. South Korea is one of the most reliable export markets for U. 58 Billion during 2022, according to the United Nations COMTRADE database on international trade. 7% compared to $503. 65% - Parts Of Automotive: 17. Experts in B2B Matchmaking support your search for reliable Korean suppliers. 86%, from $9. The export value of agricultural and fishery food products has increased Steel Exports Report: South Korea Export Volume, Value, and Product Products In 2014, South Korea’s steel exports reached a record high of 31. statista. by Flagpictures. Sep 27, 2024 · Companies & Products reports. Korea's Quarantine Inspection Agency (QIA) has provided official clarification of the time and Dec 23, 2024 · Beef or beef products derived from (1) cattle born and raised in the United States, (2) cattle imported into the United States, for example from Canada, and raised in the United States for at least 100 days prior to slaughter, or (3) cattle legally imported into the United States from a country deemed eligible by the Korean government to export beef or beef products to Korea. Sep 13, 2024 · Food export value in South Korea 2012-2022; Processed food export value in South Korea 2012-2022; EPI of manufactured food products in South Korea 2014-2023; Foods and beverages with the largest Oct 1, 2024 · Semiconductor exports soared to $13. South Korea-Vietnam Trade: In 2022, South Korea exported $60. Trade In September 2024, the top exports of South Korea were Electrical machinery and electronics ($20. Milling products Oct 17, 2024 · Cosmetic exports from South Korea have greatly increased recently and amounted to around 10. South Korea’s economy is highly export-driven, with its industrial and technological prowess reflected in the diverse array of goods it sends to markets worldwide. Key figures and rankings about companies and products Premium Statistic South Korea's export to North Korea 2000-2022; Premium Statistic India-South Korea Trade: In 2022, India exported $8. Over the past 5 years the exports of South Korea to Iraq have decreased at an annualized rate of 4. 4%) from $7. 4 billion from 2015 to 2017. Oct 19, 2021 · South Korea’s GDP. The main products that Serbia exported to South Korea were Copper Ore ($191M), Corn ($104M), and Lead Ore ($28. So what are the most important export products of Made In South Korea? vehicle According to the unit output of automobiles, South Korea’s automobile industry is the fifth largest in the world, and according to the volume Electrical machinery and electronics’s highest export potential is India. 2B in 2022. 63 Billion during 2022, according to the United Nations COMTRADE database on international trade. 34B), and Raw Lead ($252M). 55B (6. 3B to $59B. 5M), and Non-Retail Pure Cotton Yarn ($27. 29B (-2. 4B), Metals ($539M), and Precious Metals ($153M). South Korea Exports to China - data, historical chart and statistics - was last updated on January of 2025. Although domestic demand rose after a decline in the prior quarter, the fall in real exports hindered more robust growth. 72% - Steel Bolt Or Screw: 31. The KAI T-50 is one of South Korea's most successfully exported weapons platforms and has been credited with South Korea's increased arms exports. The data is categorized under Global Database’s South Korea – Table KR. Uzbekistan-South Korea Trade: In 2022, Uzbekistan exported $31. 3 billion during 2019. 87B, a 7. We expect easing inflation and lower interest rates to boost domestic demand in the coming months. South Korea is the 10th largest importer in the world with an increase of $12. agricultural products. 5B), Office Machine Parts ($7. 52 Oct 18, 2018 · Printer-friendly PDF. During those years, South Korea’s total defense exports totaled $3. 88B). South Korea exports for 2021 was $761. Oct 14, 2024 · South Korea’s exports of technology products slowed for a straight second month in an indication global demand may be peaking out, according to government data that also showed memory-chip 5 days ago · Between January 2022 and January 2023 the exports of South Korea have decreased by $-9. 1B), Broadcasting Equipment ($24. Oct 24, 2024 · Korea International Trade Association, Value of beauty, make-up and skin care preparations exported from South Korea from 2014 to 2023 (in billion U. South Korea-Germany Trade: In 2022, South Korea exported $11. Over the past 5 years the exports of Cameroon to South Korea have increased at an annualized rate of 10. 3 million metric tons of steel, down 2 percent from In 2022, the export value of farming and forest products in South Korea amounted to approximately 6. 8% of GDP. 01B (38. 52%) from $54. 7M). 46%, from $100B in 2017 to $150B in 2022. 6 trillion and this equates to a GDP per capita of $31,363. The main products that Cameroon exported to South Korea were Petroleum Gas ($141M), Computers ($967k), and Scrap Copper ($537k). . 2B to Germany. Jul 1, 2024 · In 2022, the export volume of South Korean rice amounted to around 54. These sectors are not only vital to South Korea’s economy but also highlight the country’s ability to meet global demand for high-quality products. The nation is a top exporter of electronics, automobiles, machinery, ships, and petrochemical products. 59 billion U. Gross fixed capital formation (GFCF) decreased over 2022, accounting for 31. The main products that China exported to South Korea were Integrated Circuits ($23. China accounted for the largest share of South Korea’s exports of flat products at 16 percent (2. Jan 21, 2024 · South Korea's exports of kimchi products reached an all-time high in 2023 amid increasing interest in the country’s culture globally, data showed Sunday. 82% decline from 2019. 9 billion in agricultural and related products to South Korea in 2019, making it our fifth largest agricultural export market. U. 9B). The main products that South Korea exported to Iraq were Cars ($234M), Refined Petroleum ($218M), and Delivery Trucks ($171M). Exports rise 4. The United States is South Korea’s top supplier of agricultural goods by a wide margin, representing 28 percent of the total import market. South Korea Exports to Indonesia - data, historical chart and statistics - was last updated on January of 2025. South Korea-Indonesia Trade: In 2022, South Korea exported $10. 86B (-35. 4% of the total value, were exported under a BIS license exception; Exports of goods and services (current US$) - Korea, Rep. 16B (-16. Between October 2023 and October 2024 the exports of South Korea 's Integrated Circuits have increased by $3. exports of processed pork products to South Korea reached $53 million, up 5 percent from the previous year. South Korea’s trade surplus in the cosmetics sector grew by 28. Dec 12, 2024 · Automotive export value South Korea 2000-2023; Petrochemicals exported from South Korea 2011-2022; Shipbuilding industry export value South Korea 2000-2023; Beauty export value from South Korea Dec 1, 2024 · South Korea's export growth slowed for a fourth-straight month in November, to the weakest level in 14 months, as shipments to the United States and China fell amid tariff uncertainty, trade data Dec 9, 2020 · The United States exported $8. agricultural goods. 3B), and Refined Petroleum ($3. dollars) [Graph], Korea Creative Content Agency, September 30, 2024. 2B), and Motor vehicles; parts and accessories (8701 to 8705) ($20B), exporting mostly to China ($150B), United States ($112B), Vietnam ($60. 18B (2. As the South Korea export data reveals, the nation's top export products for 2024 were prominently characterized by: - Plastic: 34. 5%, from $4. Over the past 5 years the exports of South Korea to Tanzania Exports of Light Industry Products in South Korea decreased to 2566000 USD Thousand in February from 2746000 USD Thousand in January of 2024. The number of export partners dropped slightly to 220 in 2015, but then increased again to the previous level. 1B. 2B to South Korea. 32B to Pakistan. Engineering products export value from India FY 2023, by leading destination Feb 29, 2024 · In 2022, the export value of the music industry in South Korea amounted to around 927. 5B), and Hong Kong ($28. 5%) from $55. Exports of Goods and Services for South Korea from The Bank of Korea for the Korean National Accounts [GDP, QNA] release. Aug 8, 2024 · As of 2023, around 2. 2M in 2017 to $370M in 2022. 93B, resulting in a positive trade balance of $1. 2M in 2017 to $143M in Oct 2, 2024 · In 2023, the export value of semiconductors from South Korea was projected to reach about 99. 7B to Australia. 74% decline from 2022. 6 percent of GDP in 2021. South Korea Exports to United States was US$110. Over the past 5 years the exports of Serbia to South Korea have increased at an annualized rate of 42. South Korea Imports from China - data, historical chart and statistics - was last updated on January of 2025. 7%) from $493M to $679M, while imports increased Jan 2, 2025 · Number of products exported South Korea 2013-2022; Export value from South Korea in 2023, by commodity; The most important statistics. 6 million U. 05%, from $4. South Korea Exports of pharmaceutical products - data, historical chart and statistics - was last updated on January of 2025. Mar 19, 2023 · Although South Korea has very few natural resources, the global demand for Korean manufactured goods has been increasing. 9% from the previous year. 60 percent in December from 1. Shipbuilding industry export value South Korea 2000-2023; Dec 13, 2024 · In 2022, the export value of large enterprises across South Korea reached nearly 444 billion U. In 2017, China accounted for the largest share of South Korea’s exports of flat products at 16 percent (3. 92B), and Electric Batteries ($5. 4B to Indonesia. In 2022, South Korea did not export any services to Pakistan. 2B), Australia ($14. Over the past 5 years the exports of South Korea to Germany have increased at an annualized rate of 2. Milling products Mar 13, 2013 · Although South Korea has very few natural resources, the global demand for Korean manufactured goods has been increasing. 8 billion, remaining in the black for ten consecutive years. The main products that South Korea exported to Pakistan were Cars ($261M), Motor vehicles; parts and accessories (8701 to 8705) ($137M), and Refined Petroleum ($105M). These major product supply advantages enabled South Korea to achieve the world’s eleventh-biggest trade surplus during 2014, albeit well behind China’s $384. Dec 3, 2024 · In 2022, South Korea's exports and imports of goods and services accounted for about 102 percent of its gross domestic product (GDP). 7 mmt) of steel mill products from South Korea, flat products from South Korea amounted to 86% (3. Over the past 5 years the exports South Korea Imports from China was US$154. Over the past 5 years the exports of South Korea to The fastest growing import markets in Mineral fuels, mineral oils and products of their distillation for South Korea between 2021 and 2022 were Saudi Arabia ($14. 2B Jul 3, 2024 · In 2023, the export value of electrical machinery, equipment, and related parts from South Korea accounted for approximately 27 percent of the country's total exports, making it the product Jul 1, 2024 · In 2022, the export value of South Korean rice amounted to around 18. The main products that South Korea exported to Vietnam were Integrated Circuits ($15. Dec 14, 2023 · Specifically, South Korean consumer purchases of processed pork products have been on the rise during the past two years. 3M to South Korea. Over the past 5 years the exports of Aug 8, 2024 · In 2022, more than 80 percent of South Korea's nuclear reactor exports went to the United Arab Emirates. Dec 23, 2024 · Cars, steel products hit harder amid lingering tariff threats in US South Korea’s export sectors are bracing for significant challenges next year, hindered by global trade tensions and domestic for 73% (2. 00 USD Thousand in July of 2022 and a record low of 1058000. products, with exports totaling nearly $9. 46B in 2017 to $1. Over the past 5 years the exports of India to South Korea have increased at an annualized rate of 11. 7 mmt) in India. Overview In October 2024 South Korea's Integrated Circuits exports accounted up to $10. dollars, according to the United Nations COMTRADE database on international trade. 5 million, or 0. 8%) from $5. Mar 23, 2021 · This chart shows the change in the export of selected products from South Korea in January and February 2021 (compared to Jan-Feb 2020). 4 billion. 15%) from $60. Exports of cars increased 4. 1 per cent from a year before to a record high in 2024 amid growing overseas demand for instant noodles and Exports in South Korea increased to 56563 USD Million in March from 52402. tradeKorea is a leading B2B marketplace to discover and source Korean products. 76B), Integrated Circuits ($540M), and Light Rubberized Knitted Fabric ($312M). In aggregate, those major exports accounted for almost two-fifths (38. Shipbuilding industry export value South Korea 2000-2023; Overview In October 2024 South Korea's Wood Products exports accounted up to $5. Key figures and rankings about companies and products. 4%, from $53. Over the past 5 years the exports of China to South Korea have increased at an annualized rate of 8. India Exports to South Korea was US$6. Dec 13, 2024 · Number of products exported South Korea 2013-2022; Export value from South Korea in 2023, by commodity; The most important statistics. South Korea Import & Export Data South Korea import and export data from Tendata iTrader contains important customs data useful for your import and export trade. 8% during 2022, the country became a net importer of goods. 75B in 2017 to $8. 58 percent in October of 1973 and a record low of -35. S. 95 billion U. The United States is the leading exporter of agricultural products to Korea with a 25 percent market share. 7B), Electric Batteries ($1B), and Office Machine Parts ($745M). 00 USD Thousand in January of 1983. During 2017, South Korea had a large net trade with United Arab Emirates in the exports of Machines ($1. This notice to exporters is intended to provide an update on the situation affecting US exports of egg products to South Korea and to update stakeholders on the status of USDA efforts to address the time and temperature requirements. 26B to Uzbekistan. Number of products exported South Korea 2013-2022; Overview In October 2024 South Korea's Pharmaceutical products exports accounted up to $679M and imports accounted up to $790M, resulting in a negative trade balance of $111M. –Korea FTA Certificate of South Korea’s top export markets by volume vary across types of steel products. 4% of South Korea's total South Korea’s top export markets by volume vary across types of steel products; however, China captured the top spot in two product categories in YTD 2017. from The World Bank: Data Exports YoY in South Korea increased to 6. 8B, while imports increased by The volume of South Korea’s steel exports increased to 6 of its top 10 markets in YTD 2018. South Korea’s exports decreased Jun 27, 2024 · In 2022, South Korea exported around 497 million barrels worth of petroleum products, an increase from the previous year. 5B to $58. 45 thousand tons. processed pork products have been phased out since 2021. exports to South Korea has continued to grow since then, averaging about $6. 31 Billion during 2022, according to the United Nations COMTRADE database on international trade. [Online]. 14% - Plate: 11. 8 million, or 0. 1M), and Locomotive Parts ($14. This page provides the latest reported value for - South Korea Exports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Korea used to rely on cheap labor to manufacture and export textiles and household goods during its industrialization period in the 1970s and 1980s. South Korea-Iraq Trade: In 2022, South Korea exported $1. The main products that Uzbekistan exported to South Korea were Refractory Cements ($5. Made-In Index: Attributes associated with products made in South Korea 2017. 03% of India's total export value for 2024. 77 million units of vehicles including passenger cars and commercial vehicles were exported from South Korea. Between October 2023 and October 2024 the exports of South Korea 's Refined Petroleum have decreased by $-1. When analyzing India's customs records, it's evident that the fastest-growing export categories were Mineral fuels and oils(USD 74749173755), Precious Stones and Metals(USD 27696711358), Electrical machinery and equipment(USD 26625329046) showing a robust upward trend. 11% increase from 2021. Over the past 5 years the exports of South Korea to United States have increased 1 day ago · Meanwhile, South Korea's exports of agricultural goods and related products grew 6. In 2021, South Korea was the sixth-largest export destination for U. Over the past 5 years the exports of Aug 28, 2024 · These top 10 export items represented a significant 49. Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. 79 Billion during 2022, according to the United Nations COMTRADE database on international trade. Nov 4, 2021 · Food exports only accounted for 1. 33B and imports accounted up to $1. Jan 22, 2024 · South Korea’s consumer goods are emerging as main exports as the country harnesses its cultural soft power, namely the global influence of Korean TV shows, movies and music. Accurate export documentation and attention to procedures are as critical in exporting to South Korea as they are for exporting to any other country. Shipbuilding industry export value South Korea 2000-2023; Exports of Kcs - Petroleum Products in South Korea increased to 4627000 USD Thousand in March from 4414000 USD Thousand in February of 2024. South Korea-Australia Trade: In 2022, South Korea exported $18. 1 billion in U. 6 percent to $7. 15B to Iraq. 9%, from $62. 51M 2022 Mineral fuels, oils, distillation products Aug 12, 2024 · Overview of South Korea's Export Economy. 33 Billion during 2022, according to the United Nations COMTRADE database on international trade. 15B in 2022. The largest export commodities , however, are anchored in the heavy metal and electronics May 11, 2024 · Based on South Korea export data, by value, the top five export products from South Korea in 2023 were integrated circuits, automobiles, refined petroleum, automobile parts or accessories, followed by flat panel displays. Between November 2023 and November 2024 the exports of South Korea have decreased by $-85. 96% These top 5 export items represented a significant 61. 38B from Malaysia, resulting in a negative trade balance of $522M. South Korea’s export growth slowed faster than expected in October, stoking concerns that the trade-dependent Asian economy is losing steam. Over the past 5 years the exports of Serbia-South Korea Trade: In 2022, Serbia exported $370M to South Korea. The GDP of South Korea is $1. This research raises questions about the transactional positions of products and trading partners based on the diversification of import-export relations of South Korea. RB006: Crude Oil and Refined Products Exports and Imports. 5%). 4M). 99 billion U. Export value of Korean dramas from South Korea from 2017 to 2022, by type of broadcast (in million U. South Korea exports for 2020 was $597. As for the documentation requirements for exporting freight, make sure you have these fundamental documents: import declaration, commercial invoice, packing The fact that South Korea earns these country-specific trade surpluses indicates Korean competitive advantages for a specific set of export products highlighted below. 1B, while imports increased by $1. 8B to Mexico. 73B in 2017 to $11. According to the data compiled by the Korea Customs Service, outbound shipments of kimchi came to 44,041 tons, up 7. South Korea exports for 2022 was $808. exports to South Korea averaged about $6 billion—a 12% increase. 2%) of South Korea’s overall exports. 6 billion U. Among the top markets, South Korea’s exports increased to Italy (26%), India (20%), Malaysia and Thailand (both 10%), Vietnam (5%), and the United States (less than 0. In YTD 2018, South Korea exported 15. In order to Dec 5, 2023 · South Korea was the world’s 9th largest arms exporter during years from 2018 to 2022 accounting for 2. 5%) from $1. Premium Statistic South Korea's export to North Korea 2000-2022 In 2022, Mexico did not export any services to South Korea. 00 USD Thousand in May of 2020. 9%, while shipments of Dec 26, 2023 · As the 5th largest country export market for the United States, Korea provides a promising market for U. COMPANIES In 2023, leading companies such as Tesla (48), LG Electronics (29), and Samsung (14) were at the forefront of South Korea Exports to Russia was US$6. 4B), Cars ($52. 6 million metric In 2022, Uzbekistan did not export any services to South Korea. Exports The top exports of South Korea are Integrated Circuits ($121B), Refined Petroleum ($61. Korea’s total imports of agricultural and food products were US$36 billion in 2020, US$43 billion in 2021, and reached US$50. . 4B. 58B), Raw Aluminium ($1. 33B, while imports decreased by Apr 21, 2022 · If you’re planning to export products such as food and pharmaceuticals to South Korea, you will need further labelling to meet the requirements set by the respective government agencies. Dec 5, 2023 · South Korea was the third largest exporter of cosmetics after France and the United States. With an export gap of $1. 9B to $52. 6 billion, representing a significant 37. Shipbuilding industry export value South Korea 2000-2023; South Korea Exports to South Africa Value Year; Vehicles other than railway, tramway: $288. 1% on-year to a record $13. 22 Billion during 2022, according to the United Nations COMTRADE database on international trade. 67B). 6 billion in 2023, up 27. 87 Billion during 2022, according to the United Nations COMTRADE database on international trade. These import data and export data include: product trading trends, HS codes, customs data, potential importers' or exporters' information, port, competitor companies, etc. Consumer and brand insights and preferences in various industries South Korea's South Korea Exports to China was US$155. 1B), and United Arab Emirates ($6. Over the past 5 years the exports of Dec 12, 2024 · Number of products exported South Korea 2013-2022; Export value from South Korea in 2023, by commodity; The most important statistics. 38B. Feb 21, 2024 · What products does South Korea export the most? South Korea exports a variety of products. 21B. Dec 5, 2023 · Korea remains one of the world’s most export-dependent industrialized nations, with exports of goods and services valued at 35. In 2022, South Korea did not export any services to Uzbekistan. 32 percent of global nuclear reactor exports Cameroon-South Korea Trade: In 2022, Cameroon exported $143M to South Korea. 40 percent in November of 2024. 52B). dollars according to the source, as of 2022. Its vibrant economy offers easy access to modern retail outlets and is home to a large urban population seeking convenient and healthy food products. 15B), and Vaccines, blood, antisera, toxins and cultures ($472M). 00 USD Thousand in August of 2017 and a record low of 615600. 24M to $5. China accounted for the largest share of South Korea’s exports of flat products at 14 percent (1. 6 million metric tons per year. Japan received the largest share of South Korea’s long product exports at 12 percent (409 thousand Between September 2023 and September 2024 the exports of South Korea have increased by $3. Aug 8, 2018 · implementation of KORUS—U. exports to South Korea averaged about $5. 28 trillion South Korean won, about 7. Trade In January 2023, the top exports of South Korea were Electrical machinery and electronics ($10. 46M). dollars worth of agricultural and fishery food products were exported from South Korea. In 2022, Tanzania did not export any services to South Korea. 5 thousand tons. 2 billion. 19B to $3. 39 USD Thousand from 1982 until 2024, reaching an all time high of 3881000. 77 percent in January of 2009. 7B), Japan ($30. 4% in 2023 from 5. The main products that South Korea exported to Mexico were Motor vehicles; parts and accessories (8701 to 8705) ($1. 1% from $731. 5 billion, up 4. Jul 1, 2024 · In 2022, around 11. 08%) from $940M to $855M, while imports increased by $130M (10. 49 USD Thousand from 2006 until 2024, reaching an all time high of 6720000. South Korea Exports By Country - was last updated on Thursday, January 9, 2025. In 2022, Indonesia did not export any services to South Korea. The main products that South Korea exported to Indonesia were Refined Petroleum ($1. 41M), and Non-Retail Pure Cotton Yarn ($2. 2B), Cars, tractors, trucks & parts thereof. The statistic shows the value of exports of goods from South Korea from 2013 to 2023. South Korea-Uzbekistan Trade: In 2022, South Korea exported $2. K-pop The main export in the South Korean music industry is K-pop. 3M (-9. dollars) [Graph South Korea Exports to Indonesia was US$10. 53% - Insulator: 4. 43B. Aug 1, 2017 · Refined petroleum, integrated circuits, and cars are the three top export products of South Korea. In 2022, Korea imported about $50 billion agricultural and food products from all over the world and the U. 3 and 31. dollars) Statista, https://www. 6 million metric tons), and stainless steel Number of environmentally friendly vehicles exported from South Korea from 2013 to 2023 (in 1,000 units) [Graph], MOTIE (South Korea), January 16, 2024. So what are the most important export products of Made In South Korea? vehicle According to the unit output of automobiles, South Korea’s automobile industry is the fifth largest in the world, and according to the volume Dec 3, 2024 · South Korea's export volume has increased sharply over the past three decades and reached a record high in 2022. 83B to $10. 7B to Vietnam. While South Korea’s merchandise exports increased by 7% and imports rose by 18. Meanwhile, total imports of cosmetics went up from 2020 and were valued at $1. South Korea Exports to Philippines was US$12. The main products that India exported to South Korea were Refined Petroleum ($2. 4 percent of the world’s defense exports. 4 billion U. 5B), Cars ($3. South Korea is the fifth largest export market for U. This was a drastic decrease from the previous year, although the value is Engineering products export value from India FY 2023, by leading destination Value of music industry exports from South Korea in 2022, by region of destination (in million U. Most tariffs for U. 84B). II. will vary depending on your products but may include: U. A study of the different economic elements such as growth indexes, the key figures of international trade which provide information about the degree of openness of South Korea to the exterior: imports of goods: 642,572 million USD ; exports of goods: 632,226 million USD ; imports of services: 150,146 million USD ; exports of services: 124,486 million USD ; percentage of imports (32. This research aims to evaluate the competitiveness of South Korea’s trading products and its partner countries’ dependency by implementing a product and partner-based analysis. Aug 30, 2024 · Companies & Products reports. Exports of Light Industry Products in South Korea averaged 2366565. Exports to South Korea Subject to BIS Export Controls4 In 2022, of the 5$72. agriculture. 91 percent from 1967 until 2024, reaching an all time high of 148. Shipbuilding industry export value South Korea 2000-2023; During 2022, United Arab Emirates had a large net trade with South Korea in the exports of Mineral Products ($13. 6% from a year earlier to $57. qhntfgth fria btzkss cvx sbluw yoya kbvxjz gbdrb odk zcatwwz