South Korea-Israel Trade: In 2023, South Korea exported $2.06B to Israel. The main products that South Korea exported to Israel were Cars ($1.09B), Integrated Circuits ($170M), and Large Construction Vehicles ($61.7M). Over the past 5 years the exports of South Korea to Israel have increased at an annualized rate of 5.75%, from $1.56B in 2018 to $2.06B in 2023.
In 2023, South Korea did not export any services to Israel.
Israel-South Korea Trade: In 2023, Israel exported $1.05B to South Korea. The main products that Israel exported to South Korea were Other Measuring Instruments ($308M), Chemical Analysis Instruments ($57.1M), and Oscilloscopes ($49.9M). Over the past 5 years the exports of Israel to South Korea have decreased at an annualized rate of 3.98%, from $1.29B in 2018 to $1.05B in 2023.
In 2012, Israel exported services to South Korea worth $6.9M, with Computer and information services ($6.9M) being the largest in terms of value.
Comparison: In 2023, South Korea ranked 4 in the Economic Complexity Index (ECI 1.85), and 5 in total exports ($645B). That same year, Israel ranked 19 in the Economic Complexity Index (ECI 1.28), and 49 in total exports ($69.3B).