HS Icon Vehicles in  Flag South Korea

2020
Exports | Imports
: $55.8B | $17.9B, World Rnk 6 / 226
Flag Rnk 3 / 96 | World Rnk 16 / 226
Flag Rnk 5 / 96

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $288M | $1.09B, Saudi Arabia |  Germany

2020
ECONOMIC COMPLEXITY of South Korea
: 1.88, Rnk 5 / 127

2020
PRODUCT COMPLEXITY  IN Vehicles
: 1, Rnk 174 / 1029

Exports In 2020, South Korea exported $55.8B in Vehicles, making it the 6th largest exporter of Vehicles in the world. At the same year, Vehicles was the 3rd most exported product in South Korea. The main destination of Vehicles exports from South Korea are: United States ($21.4B), Canada ($2.94B), Russia ($2.67B), Australia ($1.89B), and Saudi Arabia ($1.83B).

The fastest growing export markets for Vehicles of South Korea between 2019 and 2020 were Saudi Arabia ($288M), Pakistan ($217M), and Turkey ($137M).

Imports In 2020, South Korea imported $17.9B in Vehicles, becoming the 16th largest importer of Vehicles in the world. At the same year, Vehicles was the 5th most imported product in South Korea. South Korea imports Vehicles primarily from: Germany ($7.07B), United States ($2.86B), China ($2.15B), Japan ($1.17B), and Mexico ($766M).

The fastest growing import markets in Vehicles for South Korea between 2019 and 2020 were Germany ($1.09B), United States ($577M), and Mexico ($391M).

September 2022

Subnational Monthly Trade

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Time Scale
Flow
Value

EXPORT GROWTH (September 2021 - September 2022): $1.45B, (27.8%)

IMPORT GROWTH (September 2021 - September 2022): $253M, (18%)

MAIN DESTINATION (September 2022): United States, $2.73B

This section shows Vehicles'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 Vehicles over time.

For full datasets download visit Bulk Download page.

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Historical Data

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EXPORTS (2020): $55.8B

IMPORTS (2020): $17.9B

NET TRADE (2020): $37.9B

In 2020, South Korea exported $55.8B in Vehicles. The main destinations of South Korea exports on Vehicles were United States ($21.4B), Canada ($2.94B), Russia ($2.67B), Australia ($1.89B), and Saudi Arabia ($1.83B).

In 2020, South Korea imported $17.9B in Vehicles, mainly from Germany ($7.07B), United States ($2.86B), China ($2.15B), Japan ($1.17B), and Mexico ($766M).

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Flow

THE FASTEST GROWING Vehicles EXPORT MARKETS FOR South Korea WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vehicles BY South Korea WERE (2019 - 2020):

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Market Concentration

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Flow
Type

In 2020, South Korea's main exporting competitors in Vehicles were:

In 2020, South Korea's main importing competitors in Vehicles were:

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