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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.
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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.
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.
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.
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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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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, 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.
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South Korea Exports to United States was US$128.37 Billion during 2024, 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 June of 2025.
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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.; ;
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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.
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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.JA068: Trade Statistics: Export: Information & Communication Technology Industry: by Region: Annual.
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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.
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Exports: Japan: Misc Mfg Articles: Photo Eq, Supplies and Optical data was reported at 20.657 USD mn in Jun 2018. This records an increase from the previous number of 18.589 USD mn for May 2018. Exports: Japan: Misc Mfg Articles: Photo Eq, Supplies and Optical data is updated monthly, averaging 15.185 USD mn from Jan 1977 (Median) to Jun 2018, with 498 observations. The data reached an all-time high of 52.309 USD mn in Sep 1987 and a record low of 6.891 USD mn in Jan 1993. Exports: Japan: Misc Mfg Articles: Photo Eq, Supplies and Optical 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.JA007: Trade Statistics: Export: Value: SITC Classification: USA and Japan.
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Key information about South Korea Exports: Television
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South Korea Exports: Volume: Japan: Iron & Steel data was reported at 250,274.600 Ton th in Mar 2025. This records a decrease from the previous number of 252,711.200 Ton th for Feb 2025. South Korea Exports: Volume: Japan: Iron & Steel data is updated monthly, averaging 258,277.800 Ton th from Jan 2000 (Median) to Mar 2025, with 303 observations. The data reached an all-time high of 397,683.500 Ton th in Oct 2011 and a record low of 106,922.200 Ton th in Feb 2009. South Korea Exports: Volume: Japan: Iron & Steel 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.JA010: Trade Statistics: Export: Volume: HS Code: 2 Digits: Top 20 Countries.
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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.
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Korea Exports: MOTIE: MC: Automotive Parts data was reported at 2.009 USD bn in Jun 2018. This records a decrease from the previous number of 2.116 USD bn for May 2018. Korea Exports: MOTIE: MC: Automotive Parts data is updated monthly, averaging 1.852 USD bn from Nov 2004 (Median) to Jun 2018, with 164 observations. The data reached an all-time high of 2.524 USD bn in Jul 2014 and a record low of 479.000 USD mn in Feb 2005. Korea Exports: MOTIE: MC: Automotive Parts 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.
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.
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Historical chart and dataset showing South Korea exports by year from 1960 to 2023.
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South Korea's total Imports in 2024 were valued at US$631.73 Billion, according to the United Nations COMTRADE database on international trade. South Korea's main import partners were: China, the United States and Japan. The top three import commodities were: Mineral fuels, oils, distillation products; Electrical, electronic equipment and Machinery, nuclear reactors, boilers. Total Exports were valued at US$683.13 Billion. In 2024, South Korea had a trade surplus of US$51.40 Billion.
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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.