Australia / South Korea

Australia-South Korea In 2021, Australia exported $29.4B to South Korea. The main products that Australia exported to South Korea are Iron Ore ($7.92B), Coal Briquettes ($6.93B), and Petroleum Gas ($5.05B). During the last 26 years the exports of Australia to South Korea have increased at an annualized rate of 6.74%, from $5.4B in 1995 to $29.4B in 2021.

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 2021, South Korea exported $9.7B to Australia. The main products that South Korea exported to Australia were Refined Petroleum ($3.32B), Cars ($2.36B), and Self-Propelled Rail Transport ($231M). During the last 26 years the exports of South Korea to Australia have increased at an annualized rate of 7.03%, from $1.66B in 1995 to $9.7B in 2021.

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 2021,  Australia ranked 82 in the Economic Complexity Index (ECI -0.41), and 20 in total exports ($343B). That same year, South Korea ranked 4 in the Economic Complexity Index (ECI 1.82), and 5 in total exports ($653B).