Overview: This page contains the latest international trade data for South Korea, including service trade data, and tariffs. In 2018 South Korea was the number 12 economy in the world in terms of GDP (current US$), the number 5 in total exports, the number 10 in total imports, and the number 5 most complex economy according to the Economic Complexity Index (ECI). In 2018, South Korea exported $617B and imported $509B, resulting in a positive trade balance of $107B. In 2018, South Korea's exports per capita were $11.9k and its imports per capita were $9.87k.
Trade: The top exports of South Korea are Integrated Circuits ($113B), Refined Petroleum ($43.6B), Cars ($38.7B), Vehicle Parts ($19B), and Office Machine Parts ($18.8B). The top imports of South Korea are Crude Petroleum ($74.8B), Integrated Circuits ($32B), Petroleum Gas ($23B), Refined Petroleum ($20.2B), and Coal Briquettes ($14.1B).
Destinations: South Korea exports mostly to China ($160B), United States ($73.1B), Vietnam ($48.6B), Hong Kong ($44.5B), and Japan ($30.8B), and imports mostly from China ($107B), United States ($55.8B), Japan ($51.5B), Saudi Arabia ($23.5B), and Germany ($20.4B).
Location: South Korea borders North Korea by land and China and Japan by sea.