Australia-South Korea In 2022, Australia exported $41B to South Korea. The main products that Australia exported to South Korea are Petroleum Gas ($13.3B), Coal Briquettes ($11.5B), and Iron Ore ($5.15B). During the last 27 years the exports of Australia to South Korea have increased at an annualized rate of 7.8%, from $5.39B in 1995 to $41B in 2022.
In 2009, Australia exported services to South Korea worth $1.45B, with Travel ($1.35B), Transportation ($53M), and Other business services ($11.9M) being the largest in terms of value.
South Korea-Australia In 2022, South Korea exported $18.7B to Australia. The main products that South Korea exported to Australia were Refined Petroleum ($10.5B), Cars ($3.15B), and Vaccines, blood, antisera, toxins and cultures ($472M). During the last 27 years the exports of South Korea to Australia have increased at an annualized rate of 9.38%, from $1.66B in 1995 to $18.7B in 2022.
In 2005, South Korea exported services to Australia worth $488M, with Transportation ($252M), Travel ($111M), and Other business services ($79.8M) being the largest in terms of value.
Comparison In 2022, Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B). That same year, South Korea ranked 4 in the Economic Complexity Index (ECI 1.78), and 5 in total exports ($705B).