HS Icon Passenger and Cargo Ships in  Flag South Korea

2019
Exports | Imports
: $17.1B | $906M, World Rnk 1 / 130
Flag Rnk 5 / 1200 | World Rnk 18 / 186
Flag Rnk 95 / 1209

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $1.68B | $86.2M, Marshall Islands |  China

2019
ECONOMIC COMPLEXITY of South Korea
: 1.9, Rnk 5 / 147

2019
PRODUCT COMPLEXITY  IN Passenger and Cargo Ships
: -0.56, Rnk 718 / 1029

Exports In 2019, South Korea exported $17.1B in Passenger and Cargo Ships, making it the 1st largest exporter of Passenger and Cargo Ships in the world. At the same year, Passenger and Cargo Ships was the 5th most exported product in South Korea. The main destination of Passenger and Cargo Ships exports from South Korea are: Marshall Islands ($3.44B), Singapore ($2.65B), Bahamas ($1.72B), Liberia ($1.7B), and Panama ($1.46B).

The fastest growing export markets for Passenger and Cargo Ships of South Korea between 2018 and 2019 were Marshall Islands ($1.68B), Singapore ($943M), and China ($796M).

Imports In 2019, South Korea imported $906M in Passenger and Cargo Ships, becoming the 18th largest importer of Passenger and Cargo Ships in the world. At the same year, Passenger and Cargo Ships was the 95th most imported product in South Korea. South Korea imports Passenger and Cargo Ships primarily from: China ($350M), Marshall Islands ($138M), Costa Rica ($103M), Oman ($58.7M), and Japan ($44.3M).

The fastest growing import markets in Passenger and Cargo Ships for South Korea between 2018 and 2019 were China ($86.2M), Oman ($46.9M), and Qatar ($41.6M).

June 2021

Subnational Monthly Trade

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Time Scale
Flow
Value

EXPORT GROWTH (June 2020 - June 2021): $176M, (13.5%)

IMPORT GROWTH (June 2020 - June 2021): $76.5M, (31.4%)

MAIN DESTINATION (June 2021): Liberia, $421M

This section shows Passenger and Cargo Ships's exports and imports data at subnational level for South Korea. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Passenger and Cargo Ships over time.

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Historical Data

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EXPORTS (2019): $17.1B

IMPORTS (2019): $906M

NET TRADE (2019): $16.2B

In 2019, South Korea exported $17.1B in Passenger and Cargo Ships. The main destinations of South Korea exports on Passenger and Cargo Ships were Marshall Islands ($3.44B), Singapore ($2.65B), Bahamas ($1.72B), Liberia ($1.7B), and Panama ($1.46B).

In 2019, South Korea imported $906M in Passenger and Cargo Ships, mainly from China ($350M), Marshall Islands ($138M), Costa Rica ($103M), Oman ($58.7M), and Japan ($44.3M).

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IN 2019, South Korea HAD A POSITIVE NET TRADE IN Passenger and Cargo Ships WITH:

IN 2019, South Korea HAD A NEGATIVE NET TRADE IN Passenger and Cargo Ships WITH:

Flow

THE FASTEST GROWING Passenger and Cargo Ships EXPORT MARKETS FOR South Korea WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Passenger and Cargo Ships BY South Korea WERE (2018 - 2019):

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Market Concentration

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Type

In 2019, South Korea's main exporting competitors in Passenger and Cargo Ships were:

In 2019, South Korea's main importing competitors in Passenger and Cargo Ships were:

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Tariffs by Country

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In 2018, the tariffs for Passenger and Cargo Ships in the imports of South Korea were of 0% around the world.