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ExportsJapan-South Korea Trade: In 2022, Japan exported $50.8B to South Korea. The main products that Japan exported to South Korea were Machinery Having Individual Functions ($5.44B), Integrated Circuits ($4.14B), and Refined Petroleum ($2.3B). Over the past 5 years the exports of Japan to South Korea have decreased at an annualized rate of 0.51%, from $52.2B in 2017 to $50.8B in 2022.
In 2009, Japan exported services to South Korea worth $8.05B, with Services not allocated ($3.91B), Transportation ($2.32B), and Travel ($1.64B) being the largest in terms of value.
South Korea-Japan Trade: In 2022, South Korea exported $30.5B to Japan. The main products that South Korea exported to Japan were Refined Petroleum ($4.83B), Integrated Circuits ($976M), and Hot-Rolled Iron ($889M). Over the past 5 years the exports of South Korea to Japan have increased at an annualized rate of 2.41%, from $27B in 2017 to $30.5B in 2022.
In 2005, South Korea exported services to Japan worth $6.48B, with Transportation ($2.43B), Travel ($2.16B), and Other business services ($1.64B) being the largest in terms of value.
Comparison: In 2022, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B). That same year, South Korea ranked 4 in the Economic Complexity Index (ECI 1.78), and 5 in total exports ($705B).
