Exports in South Korea increased to 59800 USD Million in June from 57270 USD Million in May of 2025. 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.

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.

The statistic shows the value of exports of goods from South Korea from 2014 to 2024. In 2024, 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.

Exports YoY in South Korea decreased to 1.30 percent in August from 5.80 percent in July of 2025. This dataset includes a chart with historical data for South Korea Exports YoY.

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

South Korea: Exports of goods and services as percent of GDP: The latest value from 2023 is 44 percent, a decline from 48.27 percent in 2022. In comparison, the world average is 45.02 percent, based on data from 162 countries. Historically, the average for South Korea from 1960 to 2023 is 28.69 percent. The minimum value, 2.64 percent, was reached in 1960 while the maximum of 54.09 percent was recorded in 2012.

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, South Korea's exports to China reached around *** billion U.S. dollars, making China the largest destination for South Korean trade goods. Following closely in second place, the United States received nearly *** billion dollars worth of South Korean exports.

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.

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.

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.

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

This page displays a table with South Korea Exports By Country,exports By Country in U.S. dollars, according to the United Nations COMTRADE database on international trade.

In 2025, the export value of electric components from South Korea is forecasted to reach about **** billion U.S. dollars. This is an increase from the previous year's forecast of **** billion dollars.

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.

South Korea Exports: First 10 days data was reported at 18.584 USD bn in Apr 2025. This records an increase from the previous number of 13.835 USD bn for Mar 2025. South Korea Exports: First 10 days data is updated monthly, averaging 13.924 USD bn from Jan 2016 (Median) to Apr 2025, with 112 observations. The data reached an all-time high of 19.482 USD bn in Sep 2021 and a record low of 6.316 USD bn in Feb 2019. South Korea Exports: First 10 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.JA003: Trade Statistics: First 10 Days. [COVID-19-IMPACT]

In October 2024, South Korean exports totaled about **** billion U.S. dollars, up from around **** 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.

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

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