South Korea's total Exports in 2024 were valued at US$683.13 Billion, according to the United Nations COMTRADE database on international trade. South Korea's main export partners were: China, the United States and Vietnam. The top three export commodities were: Electrical, electronic equipment; Vehicles other than railway, tramway and Machinery, nuclear reactors, boilers. Total Imports were valued at US$631.73 Billion. In 2024, South Korea had a trade surplus of US$51.40 Billion.

Exports in South Korea increased to 56563 USD Million in March from 52402.56 USD Million in February of 2024. This dataset 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.

The statistic shows the value of exports of goods from South Korea from 2013 to 2023. In 2023, goods with a value of around ****** billion U.S. dollars were exported from South Korea. South Korea's exports The quantity of exports from South Korea has been rising over the past 10 years, with a slight dip in 2009, at the time of the economic crisis. South Korea is one of the leading exporters of cars and electronic goods. Both Hyundai and Samsung are South Korean corporate heavyweights and hold large market shares in their respective segments. However, since 2011 it can be seen that the rise of the value of South Korean exports has slowed. This is likely due to the value of the country's currency, the won, rising higher than the Japanese Yen, making Korean goods less competitive on the global market. Petroleum products are also an important South Korean export, and falling global oil and gas prices are likely to have been a contributor to lower-than-expected export values as well. However, Korea is also looking to reduce its dependence on exports and focus on developing its domestic service sector instead, in order to sustain long-term economic growth. However, the distribution of the sectors' share in GDP generation has remained nearly the same for the past 10 years. While the country is also experiencing greatly reduced levels of growth compared to 2010, when GDP growth reached *** percent, the country is hoping to improve growth rates in the future.

Historical chart and dataset showing South Korea exports by year from 1960 to 2023.

Key information about South Korea Total Exports

• South Korea Total Exports recorded 52.5 USD bn in Feb 2025, compared with 49.2 USD bn in the previous month
• South Korea Total Exports data is updated monthly, available from Jan 1966 to Feb 2025, with an averaged value of 9.7 USD bn
• The data reached an all-time high of 63.8 USD bn in Mar 2022 and a record low of 14.8 USD mn in Jan 1966

• In the latest reports, South Korea Total Exports grew 0.7 % YoY in Feb 2025
• Total Imports recorded 48.3 USD bn in Feb 2025, which registered an increase of 0.2 % year on year
• South Korea Trade Balance recorded a surplus of 4.2 USD bn in Feb 2025

Korea Exports: CI: Music data was reported at 455,386.000 USD th in 2017. This records an increase from the previous number of 442,566.000 USD th for 2016. Korea Exports: CI: Music data is updated yearly, averaging 139,687.500 USD th from Dec 2004 (Median) to 2017, with 14 observations. The data reached an all-time high of 455,386.000 USD th in 2017 and a record low of 13,885.000 USD th in 2007. Korea Exports: CI: Music data remains active status in CEIC and is reported by Korea Creative Content Agency. The data is categorized under Global Database’s South Korea – Table KR.JA051: Trade Statistics: Contents Industry.

In October 2024, South Korean exports totaled about 57.5 billion U.S. dollars, up from around 52.4 billion dollars in the same period a year earlier. The value of goods exported from South Korea declined after the outbreak of COVID-19, but recovered from July 2020 onwards.

Exports YoY in South Korea increased to 4.30 percent in June from -1.30 percent in May of 2025. This dataset includes a chart with historical data for South Korea Exports YoY.

Key information about South Korea Exports: Television

• South Korea Exports: Television was reported at 1,112,499.712 USD th in Dec 2022
• This records an increase from the previous number of 746,915.372 USD th for Dec 2021
• South Korea Exports: Television data is updated yearly, averaging 1,820,089.792 USD th from Dec 1995 to 2022, with 28 observations
• The data reached an all-time high of 3,451,954.030 USD th in 2004 and a record low of 746,915.372 USD th in 2021
• South Korea Exports: Television data remains active status in CEIC and is reported by United Nations Conference on Trade and Development
• The data is categorized under World Trend Plus’s Association: Electronic Sector – Table RF.UNCTAD.TR: Television Receivers: Export Value

Key information about South Korea Total Exports to China

• South Korea Total Exports to China recorded 9.511 USD bn in Feb 2025, compared with 9.202 USD bn in the previous month
• South Korea Total Exports to China data is updated monthly, available from Jan 1988 to Feb 2025, with an averaged value of 5.551 USD bn
• The data reached an all-time high of 15.642 USD bn in Mar 2022 and a record low of 18.959 USD mn in Jan 1988

Korea Exports: First 20 days data was reported at 31.580 USD bn in Nov 2018. This records a decrease from the previous number of 33.390 USD bn for Oct 2018. Korea Exports: First 20 days data is updated monthly, averaging 25.994 USD bn from Feb 2007 (Median) to Nov 2018, with 142 observations. The data reached an all-time high of 36.483 USD bn in Sep 2018 and a record low of 12.315 USD bn in Jan 2009. Korea Exports: First 20 days data remains active status in CEIC and is reported by Korea Customs Service. The data is categorized under Global Database’s South Korea – Table KR.JA002: Trade Statistics: First 20 days . First-20-Day Korea Trade Data has its own releasing schedule. Preliminarily estimated trade balance (such as exports, imports and balance) data series will be released after the 20th day of every month measuring the first 20 days in the current month. Those trade balance data will be revised when the first 20 days trade by productions and by countries gets released on the first day of each month for its previous month.

In 2024, the export value of electrical machinery and equipment and parts thereof from South Korea measured approximately 213 billion U.S. dollars. During that year, the total export value was recorded at around 683.7 billion dollars.

Korea Exports: Europe: Uzbekistan data was reported at 251,418.000 USD th in Oct 2018. This records an increase from the previous number of 214,783.000 USD th for Sep 2018. Korea Exports: Europe: Uzbekistan data is updated monthly, averaging 55,386.000 USD th from Jan 1993 (Median) to Oct 2018, with 310 observations. The data reached an all-time high of 251,418.000 USD th in Oct 2018 and a record low of 23.000 USD th in Dec 1993. Korea Exports: Europe: Uzbekistan data remains active status in CEIC and is reported by Korea Customs Service. The data is categorized under Global Database’s Korea – Table KR.JA004: Trade Statistics: Export: Value: By Country.

Case study on COVID-19 can be downloaded from Additional Materials on the right side of this page. Data enables users to track activities of export and import dependent companies. Export contributes approximately 50% of total revenue for listed companies in KOSPI and KOSDAQ. Korea export shows significant correlation to key economic indicators of other nations. Due to high portion of middle product exports - such as semiconductors, automotive parts, steel, and chemicals - S. Korea export data shows especially high correlation to the key economic indicators of most Asia-pacific economies. Supply-chain analysis : In 2018, S. Korea exports of memory IC reached $9.4 billion, with a market share of 57% in the global memory IC market estimated to be around $16.5 billion. The application of memory IC is already predominant in various IT hardware devices, and analysis of Korea's memory IC exports would give insight into the supply and demand dynamics of the global IT hardware value chain.

Key information about South Korea Total Exports

• South Korea Total Exports expanded 0.7 % YoY in Feb 2025, compared with a decrease of 10.1 % YoY in the previous month
• South Korea Total Exports Growth data is updated monthly, available from Jan 1967 to Feb 2025, with an averaged rate of 14.0 %
• The data reached an all-time high of 149.4 % in Oct 1973 and a record low of -34.5 % in Jan 2009

• In the latest reports, South Korea Total Exports recorded 52.5 USD bn in Feb 2025
• Total Imports recorded 48.3 USD bn in Feb 2025, which registered an increase of 0.2 % year on year
• South Korea Trade Balance recorded a surplus of 4.2 USD bn in Feb 2025

Korea Export Value Index data was reported at 287.590 2000=100 in 2016. This records a decrease from the previous number of 305.777 2000=100 for 2015. Korea Export Value Index data is updated yearly, averaging 79.042 2000=100 from Dec 1980 (Median) to 2016, with 37 observations. The data reached an all-time high of 332.426 2000=100 in 2014 and a record low of 10.166 2000=100 in 1980. Korea Export Value Index data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s South Korea – Table KR.World Bank.WDI: Trade Index. Export values are the current value of exports (f.o.b.) converted to U.S. dollars and expressed as a percentage of the average for the base period (2000). UNCTAD's export value indexes are reported for most economies. For selected economies for which UNCTAD does not publish data, the export value indexes are derived from export volume indexes (line 72) and corresponding unit value indexes of exports (line 74) in the IMF's International Financial Statistics.; ; United Nations Conference on Trade and Development, Handbook of Statistics and data files, and International Monetary Fund, International Financial Statistics.; ;

As of 2023, South Korea held a share of roughly 2.52 percent in the total world export, placing it among the largest exporters globally. South Korea's share in global exports far axceeded the average of 0.65 percent. The commodity accounting for the highest export value from South Korea was electrical machinery, equipment, and parts thereof.

Korea Exports: % of GDP data was reported at 42.800 % in 2016. This records a decrease from the previous number of 46.300 % for 2015. Korea Exports: % of GDP data is updated yearly, averaging 44.550 % from Dec 2001 (Median) to 2016, with 16 observations. The data reached an all-time high of 57.800 % in 2012 and a record low of 33.300 % in 2002. Korea Exports: % of GDP data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s South Korea – Table KR.IMF: Contribution to GDP.

Graph and download economic data for U.S. Exports of Goods by F.A.S. Basis to South Korea (EXPKR) from Jan 1985 to May 2025 about Korea, exports, goods, and USA.

In 2023, the exports of goods and services as a share of gross domestic product (GDP) stood at around 44 percent in South Korea. This was a decrease compared to the previous year of more than four percent.