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This page displays a table with South Korea Exports By Category in U.S. dollars, according to the United Nations COMTRADE database on international trade.
The statistic shows the value of exports of goods from South Korea from 2013 to 2023. In 2023, goods with a value of around 632.23 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 ten years. While the country is also experiencing greatly reduced levels of growth compared to 2010, when GDP growth reached 6.5 percent, the country is hoping to improve growth rates in the future.
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.
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South Korea Exports to United States was US$116.09 Billion during 2023, according to the United Nations COMTRADE database on international trade. South Korea Exports to United States - data, historical chart and statistics - was last updated on March of 2025.
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Key information about South Korea Total Exports to USA
In 2023, South Korea's exports and imports of goods and services as a share of the country's GDP stood at almost 89 percent. This was down from about 96 percent of GDP in the previous year. After the Korean War (1950-1953), South Korea developed into an export-oriented country, which was, among other things, an important factor for the country's economic growth. South Korea's share of imports and exports in its GDP is relatively high compared to other member countries of the Organization for Economic Cooperation and Development (OECD).
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Korea Exports: MOTIE: MC: Vessel data was reported at 1.274 USD bn in Jun 2018. This records an increase from the previous number of 803.000 USD mn for May 2018. Korea Exports: MOTIE: MC: Vessel data is updated monthly, averaging 3.082 USD bn from Jan 2006 (Median) to Jun 2018, with 150 observations. The data reached an all-time high of 7.372 USD bn in Jun 2017 and a record low of 803.000 USD mn in May 2018. Korea Exports: MOTIE: MC: Vessel data remains active status in CEIC and is reported by Ministry of Trade, Industry and Energy. The data is categorized under Global Database’s Korea – Table KR.JA003: Trade Statistics: Export: Value: Major Commodities.
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South Korea Exports to China was US$124.66 Billion during 2023, according to the United Nations COMTRADE database on international trade. South Korea Exports to China - data, historical chart and statistics - was last updated on March of 2025.
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South Korea Exports: Asia: China: ICT: Electronic Components (EC) data was reported at 55,974,581,312.000 USD in 2024. This records an increase from the previous number of 44,805,873,385.000 USD for 2023. South Korea Exports: Asia: China: ICT: Electronic Components (EC) data is updated yearly, averaging 41,612,633,287.000 USD from Dec 1996 (Median) to 2024, with 29 observations. The data reached an all-time high of 68,891,521,393.000 USD in 2018 and a record low of 323,332,493.000 USD in 1996. South Korea Exports: Asia: China: ICT: Electronic Components (EC) data remains active status in CEIC and is reported by Ministry of Science and ICT. The data is categorized under Global Database’s South Korea – Table KR.JA064: Trade Statistics: Export: Information & Communication Technology Industry: by Region: Annual.
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Korea Exports: Lead Time data was reported at 8.000 Day in 2014. This stayed constant from the previous number of 8.000 Day for 2013. Korea Exports: Lead Time data is updated yearly, averaging 9.000 Day from Dec 2005 (Median) to 2014, with 10 observations. The data reached an all-time high of 13.000 Day in 2006 and a record low of 8.000 Day in 2014. Korea Exports: Lead Time 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 Statistics. Time to export is the time necessary to comply with all procedures required to export goods. Time is recorded in calendar days. The time calculation for a procedure starts from the moment it is initiated and runs until it is completed. If a procedure can be accelerated for an additional cost, the fastest legal procedure is chosen. It is assumed that neither the exporter nor the importer wastes time and that each commits to completing each remaining procedure without delay. Procedures that can be completed in parallel are measured as simultaneous. The waiting time between procedures--for example, during unloading of the cargo--is included in the measure.; ; World Bank, Doing Business project (http://www.doingbusiness.org/).; Unweighted average; Data are presented for the survey year instead of publication year.
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Graph and download economic data for International Merchandise Trade Statistics: Exports: Commodities for Korea (XTEXVA01KRM664S) from Jan 1957 to Jan 2025 about Korea, exports, trade, and goods.
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Korea Exports: CT: Gold, Non Monetary data was reported at 43.021 USD mn in Jun 2018. This records an increase from the previous number of 39.405 USD mn for May 2018. Korea Exports: CT: Gold, Non Monetary data is updated monthly, averaging 48.828 USD mn from Jan 1977 (Median) to Jun 2018, with 498 observations. The data reached an all-time high of 1.321 USD bn in Feb 1998 and a record low of 0.000 USD mn in May 1985. Korea Exports: CT: Gold, Non Monetary data remains active status in CEIC and is reported by Korea International Trade Association. The data is categorized under Global Database’s Korea – Table KR.JA006: Trade Statistics: Export: Value: SITC Classification.
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Korea Exports: CI: Broadcast data was reported at 493,390.000 USD th in 2017. This records an increase from the previous number of 411,212.000 USD th for 2016. Korea Exports: CI: Broadcast data is updated yearly, averaging 203,536.000 USD th from Dec 2004 (Median) to 2017, with 14 observations. The data reached an all-time high of 493,390.000 USD th in 2017 and a record low of 70,306.000 USD th in 2004. Korea Exports: CI: Broadcast 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.JA042: Trade Statistics: Contents Industry.
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.
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South Korea Exports to Colombia was US$773.82 Million during 2023, according to the United Nations COMTRADE database on international trade. South Korea Exports to Colombia - data, historical chart and statistics - was last updated on March of 2025.
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Graph and download economic data for International Merchandise Trade Statistics: Exports: Commodities for Korea (KORXTEXVA01NCMLQ) from Q1 1957 to Q4 2024 about Korea, exports, and trade.
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Graph and download economic data for National Accounts: GDP by Expenditure: Constant Prices: Exports of Goods and Services for Korea (NAEXKP06KRQ661S) from Q1 1960 to Q3 2023 about Korea, exports, goods, services, real, and GDP.
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Korea Exports: CI: Animation data was reported at 145,802.000 USD th in 2017. This records an increase from the previous number of 135,622.000 USD th for 2016. Korea Exports: CI: Animation data is updated yearly, averaging 103,336.000 USD th from Dec 2004 (Median) to 2017, with 14 observations. The data reached an all-time high of 145,802.000 USD th in 2017 and a record low of 61,765.000 USD th in 2004. Korea Exports: CI: Animation 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.JA042: Trade Statistics: Contents Industry.
In 2024, South Korea's exports to China reached around 133 billion U.S. dollars, making China the largest destination for South Korean trade goods. Following closely in second place, the United States received nearly 128 billion dollars worth of South Korean exports.
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Korea Exports: CI: Movies: Asia: China data was reported at 11,221.000 USD th in 2015. This records an increase from the previous number of 10,961.000 USD th for 2014. Korea Exports: CI: Movies: Asia: China data is updated yearly, averaging 1,103.000 USD th from Dec 2006 (Median) to 2015, with 10 observations. The data reached an all-time high of 11,221.000 USD th in 2015 and a record low of 515.000 USD th in 2010. Korea Exports: CI: Movies: Asia: China data remains active status in CEIC and is reported by Korea Creative Content Agency. The data is categorized under Global Database’s Korea – Table KR.JA042: Trade Statistics: Contents Industry.
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This page displays a table with South Korea Exports By Category in U.S. dollars, according to the United Nations COMTRADE database on international trade.