Exports In 2020, South Korea exported $23.2B in Ships, boats, & floating structures, making it the 1st largest exporter of Ships, boats, & floating structures in the world. At the same year, Ships, boats, & floating structures was the 6th most exported product in South Korea. The main destination of Ships, boats, & 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, & 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, & floating structures, becoming the 22nd largest importer of Ships, boats, & floating structures in the world. At the same year, Ships, boats, & floating structures was the 37th most imported product in South Korea. South Korea imports Ships, boats, & 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, & 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, & floating structures was 2.23%. The countries with the highest import tariffs for Ships, boats, & 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%).