South Korea-United States: In 2019, South Korea exported $74.8B to United States. The main products that South Korea exported to United States are Cars ($16.1B), Vehicle Parts ($5.15B), and Office Machine Parts ($4.58B). During the last 24 years the exports of South Korea to United States have increased at an annualized rate of 4.79%, from $24.3B in 1995 to $74.8B in 2019.
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 2019, United States exported $57.6B to South Korea . The main products that United States exported to South Korea were Crude Petroleum ($8.81B), Petroleum Gas ($3.58B), and Integrated Circuits ($3.13B). During the last 24 years the exports of United States to South Korea have increased at an annualized rate of 3.2%, from $27.1B in 1995 to $57.6B in 2019.
In 2011, United States exported services to South Korea worth $13.3B, with Travel ($5.9B), Royalties and license fees ($4.53B), and Transportation ($2.23B) being the largest in terms of value.
Comparison: In 2019, South Korea ranked 5 in the Economic Complexity Index (ECI 1.95), and 6 in total exports ($555B). That same year, United States ranked 10 in the Economic Complexity Index (ECI 1.63), and 2 in total exports ($1.51T).