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

2021
Exports | Imports
: $23.2B | $2.7B, World Rnk 1 / 203
Flag Rnk 9 / 96 | World Rnk 14 / 223
Flag Rnk 30 / 96

2020 - 2021
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $2.5B | $617M, Mozambique |  China

2021
ECONOMIC COMPLEXITY of South Korea
: 1.82, Rnk 4 / 131

2021
PRODUCT COMPLEXITY IN Ships, boats, & floating structures
: 0.15, Rnk 499 / 1029

Exports In 2021, 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 9th most exported product in South Korea. The main destination of Ships, boats, & floating structures exports from South Korea are: Marshall Islands ($3.45B), Malta ($2.94B), Mozambique ($2.5B), Liberia ($1.98B), and United States ($1.68B).

The fastest growing export markets for Ships, boats, & floating structures of South Korea between 2020 and 2021 were Mozambique ($2.5B), United States ($1.68B), and Greece ($1.04B).

Imports In 2021, South Korea imported $2.7B in Ships, boats, & floating structures, becoming the 14th largest importer of Ships, boats, & floating structures in the world. At the same year, Ships, boats, & floating structures was the 30th most imported product in South Korea. South Korea imports Ships, boats, & floating structures primarily from: China ($1.08B), Marshall Islands ($260M), Costa Rica ($224M), Japan ($197M), and United States ($111M).

The fastest growing import markets in Ships, boats, & floating structures for South Korea between 2020 and 2021 were China ($617M), Marshall Islands ($260M), and Costa Rica ($224M).

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 treatment, 3.57%), Cote d'Ivoire (Most Favoured Nation duty rate treatment, 3.57%), Cameroon (Most Favoured Nation duty rate treatment, 3.57%), Republic of the Congo (Most Favoured Nation duty rate treatment, 3.57%), and Cape Verde (Most Favoured Nation duty rate treatment, 3.57%).

April 2023

Subnational Monthly Trade

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EXPORT GROWTH (April 2022 - April 2023): $574M, (61.9%)

IMPORT GROWTH (April 2022 - April 2023): $-164M, (-90.4%)

MAIN DESTINATION (April 2023): Marshall Islands, $480M

This section shows Ships, boats, & 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, & floating structures over time.

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Historical Data

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EXPORTS (2021): $23.2B

IMPORTS (2021): $2.7B

NET TRADE (2021): $20.5B

In 2021, South Korea exported $23.2B in Ships, boats, & floating structures. The main destinations of South Korea exports on Ships, boats, & floating structures were Marshall Islands ($3.45B), Malta ($2.94B), Mozambique ($2.5B), Liberia ($1.98B), and United States ($1.68B).

In 2021, South Korea imported $2.7B in Ships, boats, & floating structures, mainly from China ($1.08B), Marshall Islands ($260M), Costa Rica ($224M), Japan ($197M), and United States ($111M).

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Flow

THE FASTEST GROWING Ships, boats, & floating structures EXPORT MARKETS FOR South Korea WERE (2020 - 2021):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ships, boats, & floating structures BY South Korea WERE (2020 - 2021):

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Market Concentration

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In 2021, South Korea's main exporting competitors in Ships, boats, & floating structures were:

In 2021, South Korea's main importing competitors in Ships, boats, & floating structures were:

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