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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.
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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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.
In 2024, South Korea imported approximately ***** billion U.S. dollars from China. The United States was the second-largest source of imports for South Korea, with a total import value of around ** billion dollars.
In 2022, there were 225 export partners of South Korea. The number of export partners dropped slightly to 220 in 2015, but then increased again to the previous level. Overall, there was only a little fluctuation in the number of South Korea's exports partners.
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Brazil Automobile Main Trading Partners: Exports: South Korea data was reported at 20.600 USD mn in 2018. This records an increase from the previous number of 14.100 USD mn for 2017. Brazil Automobile Main Trading Partners: Exports: South Korea data is updated yearly, averaging 15.700 USD mn from Dec 2006 (Median) to 2018, with 13 observations. The data reached an all-time high of 79.300 USD mn in 2006 and a record low of 6.400 USD mn in 2009. Brazil Automobile Main Trading Partners: Exports: South Korea data remains active status in CEIC and is reported by National Association of Automobile Manufacturers. The data is categorized under Brazil Premium Database’s Automobile Sector – Table BR.RAE006: Automobile Main Trading Partners: Exports: South Korea. Export data in value include assembled and knocked-down vehicles, agricultural and highway construction machinery, engines and components manufactured by ANFAVEA member companies.
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Brazil Automobile Main Trading Partners: Exports: South Korea: Agricultural Machinery data was reported at 0.100 USD mn in 2015. This stayed constant from the previous number of 0.100 USD mn for 2013. Brazil Automobile Main Trading Partners: Exports: South Korea: Agricultural Machinery data is updated yearly, averaging 0.100 USD mn from Dec 2006 (Median) to 2015, with 5 observations. The data reached an all-time high of 0.200 USD mn in 2006 and a record low of 0.000 USD mn in 2010. Brazil Automobile Main Trading Partners: Exports: South Korea: Agricultural Machinery data remains active status in CEIC and is reported by National Association of Automobile Manufacturers. The data is categorized under Brazil Premium Database’s Automobile Sector – Table BR.RAE006: Automobile Main Trading Partners: Exports: South Korea. Export data in value include assembled and knocked-down vehicles, agricultural and highway construction machinery, engines and components manufactured by ANFAVEA member companies.
In 2024, South Korea's trade balance with the United States recorded a surplus that amounted to around ***** billion U.S. dollars. South Korea has become one of the United States’ largest trade partners. The Free Trade Agreement between the two governments came into force in March 2012. As of May 2025, South Korea seeks to delay a decision about tariffs until new presidential elections in June 2025. Korea’s export trade with the U.S. In 2024, the United States was the second most important export trade destination after China. In accordance with the high trade surplus recorded by South Korea, the value of goods exports to the U.S. continued to increase every year. Historically, China and the U.S. were the most important export partner for South Korea, with changes only happening due to domestic or bilateral politics. The effect of U.S. president Trump’s increase of tariffs on the economic relations between the two nations remains to be seen. Korea’s imports from the U.S. Despite the trade balance tipping in clear favor of South Korea, the United States was still one of the most important partners for imports. Overall, the value of goods imported into the country has increased, with a quick recovery from occasional decreases. Next to the imports of goods, the United States have become one of the most important suppliers of foreign direct investment (FDI) for South Korea. Despite this importance, the actual investments were notably lower than the pledged amount.
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South Korea export data: Powerhouse in automobiles, electronics, ships & more. Discover Korea's innovative economic strategies & global trade relations.
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Imports: ISIC Section: fob: South Korea: Other Products data was reported at 0.272 USD mn in Mar 2025. This records an increase from the previous number of 0.130 USD mn for Feb 2025. Imports: ISIC Section: fob: South Korea: Other Products data is updated monthly, averaging 0.124 USD mn from Jan 1997 (Median) to Mar 2025, with 339 observations. The data reached an all-time high of 6.979 USD mn in Mar 2012 and a record low of 0.006 USD mn in Aug 2003. Imports: ISIC Section: fob: South Korea: Other Products data remains active status in CEIC and is reported by Special Secretariat for Foreign Trade and International Affairs. The data is categorized under Brazil Premium Database’s Foreign Trade – Table BR.ISIC: Main Trading Partners: Section: Imports: Value.
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Brazil Exports: HS2: Vol: South Korea: Tools, Implements, Cutlery, Spoons & Forks, of Base Metal; Parts Thereof of Base Metal data was reported at 5,016.000 kg in Mar 2025. This records an increase from the previous number of 286.000 kg for Feb 2025. Brazil Exports: HS2: Vol: South Korea: Tools, Implements, Cutlery, Spoons & Forks, of Base Metal; Parts Thereof of Base Metal data is updated monthly, averaging 382.000 kg from Jan 1997 (Median) to Mar 2025, with 324 observations. The data reached an all-time high of 28,269.000 kg in Nov 2000 and a record low of 0.000 kg in Sep 2020. Brazil Exports: HS2: Vol: South Korea: Tools, Implements, Cutlery, Spoons & Forks, of Base Metal; Parts Thereof of Base Metal data remains active status in CEIC and is reported by Special Secretariat for Foreign Trade and International Affairs. The data is categorized under Brazil Premium Database’s Foreign Trade – Table BR.HS: 2 Digits: Main Trading Partners: Exports: Volume.
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Brazil Exports: HS2: fob: South Korea: Articles of Apparel & Clothing Accessories, Not Knitted or Crocheted data was reported at 0.116 USD mn in Aug 2024. This records an increase from the previous number of 0.000 USD mn for Jul 2024. Brazil Exports: HS2: fob: South Korea: Articles of Apparel & Clothing Accessories, Not Knitted or Crocheted data is updated monthly, averaging 0.004 USD mn from May 1999 (Median) to Aug 2024, with 190 observations. The data reached an all-time high of 0.116 USD mn in Aug 2024 and a record low of 0.000 USD mn in Apr 2024. Brazil Exports: HS2: fob: South Korea: Articles of Apparel & Clothing Accessories, Not Knitted or Crocheted data remains active status in CEIC and is reported by Special Secretariat for Foreign Trade and International Affairs. The data is categorized under Brazil Premium Database’s Foreign Trade – Table BR.HS: 2 Digits: Main Trading Partners: Exports: Value.
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Brazil Exports: HS2: fob: South Korea: Manufactures of Straw, of Esparto or of Other Plaiting Materials data was reported at 0.000 USD mn in Jun 2022. This records a decrease from the previous number of 0.003 USD mn for Nov 2019. Brazil Exports: HS2: fob: South Korea: Manufactures of Straw, of Esparto or of Other Plaiting Materials data is updated monthly, averaging 0.001 USD mn from Jun 2000 (Median) to Jun 2022, with 7 observations. The data reached an all-time high of 0.005 USD mn in Feb 2019 and a record low of 0.000 USD mn in Aug 2017. Brazil Exports: HS2: fob: South Korea: Manufactures of Straw, of Esparto or of Other Plaiting Materials data remains active status in CEIC and is reported by Special Secretariat for Foreign Trade and International Affairs. The data is categorized under Brazil Premium Database’s Foreign Trade – Table BR.HS: 2 Digits: Main Trading Partners: Exports: Value.
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Brazil Exports: HS2: Vol: South Korea: Articles of Apparel & Clothing Accessories, Knitted or Crocheted data was reported at 12.000 kg in Dec 2024. This records a decrease from the previous number of 67.000 kg for Nov 2024. Brazil Exports: HS2: Vol: South Korea: Articles of Apparel & Clothing Accessories, Knitted or Crocheted data is updated monthly, averaging 27.000 kg from Mar 1997 (Median) to Dec 2024, with 195 observations. The data reached an all-time high of 6,465.000 kg in Oct 1999 and a record low of 0.000 kg in Jan 2023. Brazil Exports: HS2: Vol: South Korea: Articles of Apparel & Clothing Accessories, Knitted or Crocheted data remains active status in CEIC and is reported by Special Secretariat for Foreign Trade and International Affairs. The data is categorized under Brazil Premium Database’s Foreign Trade – Table BR.HS: 2 Digits: Main Trading Partners: Exports: Volume.
This statistic shows South Korea's main trade partners with which South Korea a had trade surplus in trade balance in 2017. During the period in consideration, Hong Kong was the second significant trade partner for South Korea by the value of trade surplus, which amounted to about ***** billion U.S. dollars. Click here to figure out South Korea's main partners with which the country had a trade deficit.
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Russia Imports: Year to Date: APEC: South Korea data was reported at 7.009 USD bn in Dec 2018. This records an increase from the previous number of 6.388 USD bn for Nov 2018. Russia Imports: Year to Date: APEC: South Korea data is updated monthly, averaging 3.243 USD bn from Feb 2004 (Median) to Dec 2018, with 179 observations. The data reached an all-time high of 11.582 USD bn in Dec 2011 and a record low of 130.500 USD mn in Jan 2005. Russia Imports: Year to Date: APEC: South Korea data remains active status in CEIC and is reported by Federal Customs Service. The data is categorized under Global Database’s Russian Federation – Table RU.JAA023: Imports: by Main Trading Partners: ytd.
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Brazil Exports: ISIC Group: Vol: South Korea: Photographic Activities data was reported at 0.000 kg in Nov 2021. Brazil Exports: ISIC Group: Vol: South Korea: Photographic Activities data is updated monthly, averaging 0.000 kg from Nov 2021 (Median) to Nov 2021, with 1 observations. Brazil Exports: ISIC Group: Vol: South Korea: Photographic Activities data remains active status in CEIC and is reported by Special Secretariat for Foreign Trade and International Affairs. The data is categorized under Brazil Premium Database’s Foreign Trade – Table BR.ISIC: Main Trading Partners: Group: Exports: Volume.
In 2023, the trade balance of South Korea with Japan amounted to a deficit of about ***** billion U.S. dollars. This was a decrease in deficit from the previous years.
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Brazil Imports: ISIC Class: Vol: South Korea: Manufacture of Knitted & Crocheted Fabrics data was reported at 40,520.000 kg in Mar 2023. This records an increase from the previous number of 20,797.000 kg for Feb 2023. Brazil Imports: ISIC Class: Vol: South Korea: Manufacture of Knitted & Crocheted Fabrics data is updated monthly, averaging 152,209.500 kg from Jan 1997 to Mar 2023, with 254 observations. The data reached an all-time high of 1,230,440.000 kg in Sep 1997 and a record low of 2,702.000 kg in Jul 1998. Brazil Imports: ISIC Class: Vol: South Korea: Manufacture of Knitted & Crocheted Fabrics data remains active status in CEIC and is reported by Special Secretariat for Foreign Trade and International Affairs. The data is categorized under Brazil Premium Database’s Foreign Trade – Table BR.ISIC: Main Trading Partners: Class: Imports: Volume.
This statistic shows the most important export partner countries for South Korea in 2023. In 2023, the most important export partner of South Korea was China, with a share of 25 percent in exports.
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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.