HS Icon Ships, boats and floating structures in  Flag South Korea

2019
Exports | Imports
: $19.3B | $1.2B, World Rnk 2 / 198
Flag Rnk 9 / 96 | World Rnk 33 / 221
Flag Rnk 45 / 96

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $1.4B | $90M, Marshall Islands |  China

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

2019
PRODUCT COMPLEXITY  IN Ships, boats and floating structures
: -0.78, Rnk 74 / 96

Exports In 2019, South Korea exported $19.3B in Ships, boats and floating structures, making it the 2nd largest exporter of Ships, boats and floating structures in the world. At the same year, Ships, boats and floating structures was the 9th most exported product in South Korea. The main destination of Ships, boats and floating structures exports from South Korea are: Marshall Islands ($3.44B), Bahamas ($2.78B), Singapore ($2.73B), Liberia ($1.7B), and Panama ($1.46B).

The fastest growing export markets for Ships, boats and floating structures of South Korea between 2018 and 2019 were Marshall Islands ($1.4B), Bahamas ($1.04B), and Singapore ($1.02B).

Imports In 2019, South Korea imported $1.2B in Ships, boats and floating structures, becoming the 33rd largest importer of Ships, boats and floating structures in the world. At the same year, Ships, boats and floating structures was the 45th most imported product in South Korea. South Korea imports Ships, boats and floating structures primarily from: China ($517M), Marshall Islands ($138M), Costa Rica ($103M), Oman ($58.7M), and Japan ($57.7M).

The fastest growing import markets in Ships, boats and floating structures for South Korea between 2018 and 2019 were China ($90M), Oman ($46.9M), and Qatar ($41.6M).

Tariffs In 2018, the average tariff for South Korea in Ships, boats and floating structures was 2.23%. The countries with the highest import tariffs for Ships, boats and floating structures were Botswana (Most Favoured Nation duty rate treatement, 3.57%), Cote d'Ivoire (Most Favoured Nation duty rate treatement, 3.57%), Cameroon (Most Favoured Nation duty rate treatement, 3.57%), Republic of the Congo (Most Favoured Nation duty rate treatement, 3.57%), and Cape Verde (Most Favoured Nation duty rate treatement, 3.57%).

August 2021

Subnational Monthly Trade

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Time Scale
Flow
Value

EXPORT GROWTH (August 2020 - August 2021): $468M, (42.4%)

IMPORT GROWTH (August 2020 - August 2021): $299M, (328%)

MAIN DESTINATION (August 2021): Malta, $502M

This section shows Ships, boats and floating structures'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 Ships, boats and floating structures over time.

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Historical Data

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EXPORTS (2019): $19.3B

IMPORTS (2019): $1.2B

NET TRADE (2019): $18.1B

In 2019, South Korea exported $19.3B in Ships, boats and floating structures. The main destinations of South Korea exports on Ships, boats and floating structures were Marshall Islands ($3.44B), Bahamas ($2.78B), Singapore ($2.73B), Liberia ($1.7B), and Panama ($1.46B).

In 2019, South Korea imported $1.2B in Ships, boats and floating structures, mainly from China ($517M), Marshall Islands ($138M), Costa Rica ($103M), Oman ($58.7M), and Japan ($57.7M).

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IN 2019, South Korea HAD A POSITIVE NET TRADE IN Ships, boats and floating structures WITH:

IN 2019, South Korea HAD A NEGATIVE NET TRADE IN Ships, boats and floating structures WITH:

Flow

THE FASTEST GROWING Ships, boats and floating structures EXPORT MARKETS FOR South Korea WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ships, boats and floating structures 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 Ships, boats and floating structures were:

In 2019, South Korea's main importing competitors in Ships, boats and floating structures were:

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Tariffs by Country

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In 2018, the average tariff for South Korea in Ships, boats and floating structures was 2.23%.

The countries with the highest tariffs for Ships, boats and floating structures in South Korea were Botswana (Most Favoured Nation duty rate treatement, 3.57%), Cote d'Ivoire (Most Favoured Nation duty rate treatement, 3.57%), Cameroon (Most Favoured Nation duty rate treatement, 3.57%), Republic of the Congo (Most Favoured Nation duty rate treatement, 3.57%), and Cape Verde (Most Favoured Nation duty rate treatement, 3.57%).