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

2020
Exports | Imports
: $23.2B | $1.8B, World Rnk 1 / 199
Flag Rnk 6 / 96 | World Rnk 22 / 223
Flag Rnk 37 / 96

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $3.65B | $390M, Malaysia |  China


ECONOMIC COMPLEXITY of South Korea
: 1.88, Rnk 5 / 127


PRODUCT COMPLEXITY  IN Ships, boats and floating structures
: -0.78, Rnk 71 / 96

Exports In 2020, South Korea exported $23.2B in Ships, boats and floating structures, making it the 1st largest exporter of Ships, boats and floating structures in the world. At the same year, Ships, boats and floating structures was the 6th most exported product in South Korea. The main destination of Ships, boats and floating structures exports from South Korea are: Marshall Islands ($4.82B), Malaysia ($3.92B), Liberia ($2.12B), Malta ($1.96B), and Bermuda ($1.24B).

The fastest growing export markets for Ships, boats and floating structures of South Korea between 2019 and 2020 were Malaysia ($3.65B), Malta ($1.6B), and Marshall Islands ($1.39B).

Imports In 2020, South Korea imported $1.8B in Ships, boats and floating structures, becoming the 22nd largest importer of Ships, boats and floating structures in the world. At the same year, Ships, boats and floating structures was the 37th most imported product in South Korea. South Korea imports Ships, boats and floating structures primarily from: China ($1.03B), Japan ($143M), Saudi Arabia ($106M), Panama ($99.6M), and Qatar ($66.9M).

The fastest growing import markets in Ships, boats and floating structures for South Korea between 2019 and 2020 were China ($390M), Saudi Arabia ($106M), and Japan ($83.1M).

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%).

February 2022

Subnational Monthly Trade

#permalink to section
Time Scale
Flow
Value

EXPORT GROWTH (February 2021 - February 2022): $245M, (17.2%)

IMPORT GROWTH (February 2021 - February 2022): $-133M, (-63.8%)

MAIN DESTINATION (February 2022): Malta, $397M

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.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Historical Data

#permalink to section
Value
Compare to

EXPORTS (2020): $23.2B

IMPORTS (2020): $1.8B

NET TRADE (2020): $21.4B

In 2020, South Korea exported $23.2B in Ships, boats and floating structures. The main destinations of South Korea exports on Ships, boats and floating structures were Marshall Islands ($4.82B), Malaysia ($3.92B), Liberia ($2.12B), Malta ($1.96B), and Bermuda ($1.24B).

In 2020, South Korea imported $1.8B in Ships, boats and floating structures, mainly from China ($1.03B), Japan ($143M), Saudi Arabia ($106M), Panama ($99.6M), and Qatar ($66.9M).

Explore Visualizations

IN 2020, South Korea HAD A POSITIVE NET TRADE IN Ships, boats and floating structures WITH:

IN 2020, 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 (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ships, boats and floating structures BY South Korea WERE (2019 - 2020):

Explore Visualizations

Market Concentration

#permalink to section
View
Flow
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:

Explore Visualizations

Tariffs by Country

#permalink to section

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%).