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South Korea Export Data

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South Korea Export Data

South Korea is a country nestled in Asian Continent. As per South Korea export data, the country’s exports valued USD 64.1 billion in 2020, decline by 9.1% from previous year of USD 705.8 billion. The total exports of the country in September 2021 were 61.3 USD billion.

As per South Korea export trade data the value of merchandise exports from South Korea totalled $ 641 billion in 2020. Overall commodity exports from South Korea decreased by 9.11% compared to 2019. Merchandise exports decreased by $ 64 billion the value of merchandise exports from South Korea amounted to $ 705 billion in 2019.

As per South Korea export custom data shows South Korea was 4^th largest exporter country in the world during 2020. Given the population of South Korea were 125.8 million people in 2020. Therefore, its value of total exports in 2020 translated to approximately USD 5,100 for every resident.

According to South Korea export statistics data, South Korea majority exports are vehicles, machinery, electrical machinery & equipment, optical, photographic, medical equipment, plastics & articles and iron & steel. As per South Korea export trade statistics data reveal, South Korea’s major export destinations are China, United States, South Korea, Taipei, Chinese, Hong Kong and Thailand.

Why Choose Our South Korea Export Data

Our South Korea shipment data is useful to every business type; start-ups to big corporates and every industry –Logistics and Market Researchers. Here is a short view about our Export data of South Korea:

Data Available Till date

100% Coverage Trade Activity

Monthly Update Time

Sea, Air & Road Shipments Covered

100% Data Authenticity

Data Available on 2, 4, 6 & 8 digit Level HS Code

Historical Data Available Since 2010

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Discover High Volume

South Korea Export Custom Statistics Data Shows Top 10 Importing Products In 2020 – Analysis By Chapter

19.1% for Chapter 87 - Vehicles other than railway or tramway rolling stock, and parts and accessories thereof value of 122 billion US$
17.1% for Chapter 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof value of 110 billion US$
15.9% for Chapter 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles value of 102 billion US$
7.71% for Chapter 90 - Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof value of 49 billion US$
6.4% for Chapter 99 - Commodities not specified according to kind value of 41 billion US$
3.99% for Chapter 39 - Plastics and articles thereof value of 25 billion US$
3.55% for Chapter 72 - Iron and steel value of 22 billion US$
2.32% for Chapter 29 - Organic chemicals value of 14.9 billion US$
2.07% for Chapter 71 - Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin value of 13.3 billion US$
1.88% for Chapter 38 - Miscellaneous chemical products value of 12 billion US$

South Korea Export Custom Trade Data Shows Top 10
Trading Partners of South Korea

China with a share of 22% (141 billion US$)
USA with a share of 18.5% (118 billion US$)
Korea with a share of 6.96% (44 billion US$)
Other Asia, nes with a share of 6.92% (44 billion US$)
Hong Kong with a share of 4.99% (32 billion US$)
Thailand with a share of 3.98% (25 billion US$)
Singapore with a share of 2.75% (17.6 billion US$)
Germany with a share of 2.74% (17.5 billion US$)
Vietnam with a share of 2.66% (17.1 billion US$)
Malaysia with a share of 1.96% (12.5 billion US$)

What our South Korea Export Data contains

South Korea export statistics data is a kind of Statistical data used for primary research of the market. South Korea export trade statistics data is calculated on shipping bills, export bills, invoices, and other export documents. It contains Year, Month, HS Code, Product Description, Quantity, Destination Country & Values Information. It gives a bird’s eye view of the country’s export business.

South Korea Export Data

South Korea Export Data