South Korea-United States In 2021, South Korea exported $95.9B to United States. The main products that South Korea exported to United States are Cars ($17.6B), Office Machine Parts ($7.59B), and Motor vehicles; parts and accessories (8701 to 8705) ($5.74B). During the last 26 years the exports of South Korea to United States have increased at an annualized rate of 5.38%, from $24.5B in 1995 to $95.9B in 2021.
In 2005, South Korea exported services to United States worth $11.3B, with Transportation ($5.54B), Other business services ($3.23B), and Government services, n.i.e. ($855M) being the largest in terms of value.
United States-South Korea In 2021, United States exported $66.4B to South Korea. The main products that United States exported to South Korea were Crude Petroleum ($8.05B), Petroleum Gas ($6.61B), and Photo Lab Equipment ($4.81B). During the last 26 years the exports of United States to South Korea have increased at an annualized rate of 3.69%, from $25.9B in 1995 to $66.4B in 2021.
Comparison In 2021, South Korea ranked 4 in the Economic Complexity Index (ECI 1.82), and 5 in total exports ($653B). That same year, United States ranked 10 in the Economic Complexity Index (ECI 1.46), and 2 in total exports ($1.63T).