Overview In 2020 South Korea was the number 10 economy in the world in terms of GDP (current US$), the number 5 in total exports, the number 9 in total imports,
the number 32 economy in terms of GDP per capita (current US$) and the number 5 most complex economy according to the Economic Complexity Index (ECI).
Exports The top exports of South Korea are Integrated Circuits ($89.1B), Cars ($36.9B), Refined Petroleum ($23.3B), Passenger and Cargo Ships ($17.3B), and Vehicle Parts ($16B), exporting mostly to China ($131B), United States ($75B), Vietnam ($48B), Hong Kong ($30.9B), and Japan ($25.1B).
In 2020, South Korea was the world's biggest exporter of Passenger and Cargo Ships ($17.3B), Blank Audio Media ($10.4B), Cyclic Hydrocarbons ($5.46B), Styrene Polymers ($3.23B), and Synthetic Rubber ($2.53B)
Imports The top imports of South Korea are Crude Petroleum ($42.2B), Integrated Circuits ($38.6B), Petroleum Gas ($16.3B), Refined Petroleum ($12.9B), and Cars ($11.8B), importing mostly from China ($110B), United States ($53.4B), Japan ($42.9B), Germany ($20B), and Vietnam ($19.6B).
In 2020, South Korea was the world's biggest importer of Inorganic Salts ($642M), Carbonates ($506M), Starch Residue ($489M), Felt Machinery ($374M), and Manganese ($135M)
Location South Korea borders North Korea by land and Chinaand Japan by sea.