United States-South Korea: In 2018, United States exported $55.8B to South Korea. The main products exported from United States to South Korea were Crude Petroleum ($5.13B), Petroleum Gas ($3.73B), and Photo Lab Equipment ($3.25B). During the last 23 years the exports of United States to South Korea have increased at an annualized rate of 2.89%,
from $29B in 1995 to $55.8B in 2018. 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.
South Korea-United States: In 2018, South Korea exported $73.1B to United States. The main products exported from South Korea to United States were Cars ($14B), Office Machine Parts ($6.14B), and Vehicle Parts ($4.84B). During the last 23 years the exports of South Korea to United States have increased at an annualized rate of 4.8%,
from $24.9B in 1995 to $73.1B in 2018. 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.
Comparison: In 2018, United States ranked 9 in the Economic Complexity Index (ECI 1.57),
and 3 in total exports ($1.44T).
That same year, South Korea ranked 5 in the Economic Complexity Index (ECI 1.85), and
5 in total exports ($617B). N/A