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 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.

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

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

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 2022, the export value of technology from South Korea amounted to approximately ***** billion U.S. dollars, increased from around ***** billion in the previous year. According to the source, information and communication technology had the largest share in these exports.

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.; ;

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

Export Prices YoY in South Korea decreased to -2.40 percent in May from 0.40 percent in April of 2025. This dataset includes a chart with historical data for South Korea Export Prices YoY.

Subscribers can find out export and import data of 23 countries by HS code or product’s name. This demo is helpful for market analysis.

South Korea Exports: Value: Vietnam: NukeReactor,Boiler,Machinery&MechApp data was reported at 293.472 USD mn in Mar 2025. This records an increase from the previous number of 239.317 USD mn for Feb 2025. South Korea Exports: Value: Vietnam: NukeReactor,Boiler,Machinery&MechApp data is updated monthly, averaging 113.575 USD mn from Jan 2000 (Median) to Mar 2025, with 303 observations. The data reached an all-time high of 968.729 USD mn in Apr 2017 and a record low of 9.560 USD mn in Oct 2000. South Korea Exports: Value: Vietnam: NukeReactor,Boiler,Machinery&MechApp 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.JA009: Trade Statistics: Export: Value: HS Code: 2 Digits: Top 20 Countries.

Exports to Russia in South Korea increased to 739245 USD Thousand in February from 426157 USD Thousand in January of 2024. This dataset includes a chart with historical data for South Korea Exports to Russia.

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.

In 2022, the export value of the content industry totaled around **** billion U.S. dollars. This represents an increase from the previous years, as well as the highest recorded export value. Between 2014 and 2022, the total export value of South Korean content has increased by over *** percent.

South Korea export data: Powerhouse in automobiles, electronics, ships & more. Discover Korea's innovative economic strategies & global trade relations.

Korea Exports: Latin America: Colombia data was reported at 67,313.000 USD th in Jun 2018. This records a decrease from the previous number of 105,103.000 USD th for May 2018. Korea Exports: Latin America: Colombia data is updated monthly, averaging 52,817.000 USD th from Jan 1993 (Median) to Jun 2018, with 306 observations. The data reached an all-time high of 206,856.000 USD th in Oct 2014 and a record low of 6,672.000 USD th in Feb 1999. Korea Exports: Latin America: Colombia 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.

South Korea Exports: Europe: EU (28) data was reported at 6,768,024.000 USD th in Mar 2025. This records an increase from the previous number of 5,686,513.000 USD th for Feb 2025. South Korea Exports: Europe: EU (28) data is updated monthly, averaging 4,219,918.000 USD th from Jan 2000 (Median) to Mar 2025, with 303 observations. The data reached an all-time high of 6,944,221.000 USD th in Mar 2022 and a record low of 1,587,088.000 USD th in Jul 2001. South Korea Exports: Europe: EU (28) 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.JA007: Trade Statistics: Export: Value: by Country. Figures represent the trade statistics of Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, and the United Kingdom, regardless of their entry or exit dates in the European Union.

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.

In 2024, the export value of electrical machinery, equipment, and related parts from South Korea accounted for approximately ** percent of the country's total exports, making it the product category with the highest export share. Following were vehicle-related products.