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.

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.

In 2023, South Korea's exports and imports of goods and services as a share of the country's GDP stood at almost ** percent. This was down from about ** 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).

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 about 57% in the global memory IC market estimated to be around $16.5 billion. The application of memory IC is already very predominant in various IT hardware devices, and analysis of Korea's memory IC exports would give insight into the supply and demand dynamics on global IT hardware value chain.

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

The timeline shows the total value of U.S. trade in goods (export and import) with South Korea from 2000 to 2023. In 2023, the total value of U.S. trade in goods with South Korea amounted to 181 billion U.S. dollars; composed of exports worth 65 billion U.S. dollars and imports of 116 billion U.S. dollars.

Korean Companies’ Trade Data provides important information to analyze trends in Korean companies’ export and import trends. This data includes export and import details, trade deficits and surpluses, and tariff information. Collected from Korean government trade statistics data, it helps investors understand global trade trends, manage trade-related risks, and discover new trade opportunities, essential for valuing Korean companies engaged in 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.

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

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 2023, the export value of display panels from South Korea was estimated at around 21.87 billion U.S. dollars. This value is a decrease from the previous year. Both import and export values for display panels are expected to see an increase in 2024.

South Korea trade to gdp ratio for 2023 was 87.94%, a 8.6% decline from 2022.

<ul style='margin-top:20px;'>

<li>South Korea trade to gdp ratio for 2022 was <strong>96.54%</strong>, a <strong>16.34% increase</strong> from 2021.</li>
<li>South Korea trade to gdp ratio for 2021 was <strong>80.20%</strong>, a <strong>11.17% increase</strong> from 2020.</li>
<li>South Korea trade to gdp ratio for 2020 was <strong>69.03%</strong>, a <strong>6.72% decline</strong> from 2019.</li>
</ul>Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.

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.

This dataset provides information on 816 in South Korea as of May, 2025. It includes details such as email addresses (where publicly available), phone numbers (where publicly available), and geocoded addresses. Explore market trends, identify potential business partners, and gain valuable insights into the industry. Download a complimentary sample of 10 records to see what's included.

Key information about South Korea Total Imports

• South Korea Total Imports recorded 48.3 USD bn in Feb 2025, compared with a value of 51.0 USD bn in the previous month
• South Korea Total Imports data is updated monthly, available from Jan 1966 to Feb 2025, with an average number of 8.5 USD bn
• The data reached an all-time high of 66.0 USD bn in Aug 2022 and a record low of 38.6 USD mn in Jan 1966

• In the latest reports, South Korea Total Imports grew 0.2 % YoY in Feb 2025
• Total Exports grew 0.7 % YoY, to 52.5 USD bn in Feb 2025
• South Korea Trade Balance recorded a surplus of 4.2 USD bn in Feb 2025

88569 South Korea exporters importers export import shipment records of Batch number to United States with prices, volume & current Buyer's suppliers relationships based on actual South Korea export trade database.

Eximpedia Export import trade data lets you search trade data and active Exporters, Importers, Buyers, Suppliers, manufacturers exporters from over 209 countries

Daewon Corp South Korea Company Export Import Records. Follow the Eximpedia platform for HS code, importer-exporter records, and customs shipment details.

6728611 South Korea exporters importers export import shipment records of Plastic part to United States with prices, volume & current Buyer's suppliers relationships based on actual South Korea export trade database.

In 2024, over **** million twenty-foot equivalent units of containers for import or export were handled at Busan port. During the surveyed period, the amount of handled containers recorded positive growth except for 2020 and 2022.