South Korea-United Kingdom Trade: In 2022, South Korea exported $7.08B to United Kingdom. The main products that South Korea exported to United Kingdom were Cars ($2.25B), Broadcasting Equipment ($563M), and Platinum ($295M). Over the past 5 years the exports of South Korea to United Kingdom have decreased at an annualized rate of 4.37%, from $8.86B in 2017 to $7.08B in 2022.
In 2005, South Korea exported services to United Kingdom worth $1.82B, with Transportation ($656M), Other business services ($515M), and Services not allocated ($409M) being the largest in terms of value.
United Kingdom-South Korea Trade: In 2022, United Kingdom exported $5.88B to South Korea. The main products that United Kingdom exported to South Korea were Crude Petroleum ($968M), Cars ($642M), and Platinum ($395M). Over the past 5 years the exports of United Kingdom to South Korea have decreased at an annualized rate of 2.29%, from $7.08B in 2017 to $5.88B in 2022.
In 2019, United Kingdom exported services to South Korea worth $2.87B, with Other business services ($1.38B), Transportation ($384M), and Royalties and license fees ($334M) being the largest in terms of value.
Comparison: In 2022, South Korea ranked 4 in the Economic Complexity Index (ECI 1.78), and 5 in total exports ($705B). That same year, United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42), and 14 in total exports ($469B).