NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $9.29BRnk 16 / 142
2023
Flag → Flag
Top Product $2.31BVaccines, blood, antisera, toxins and cultures
2023
Flag → Flag
Exports $6.38BRnk 22 / 219
2023
Flag → Flag
Top Product $446MTrunks and Cases
2023
Flag
Economic Complexity (ECI) ECI 1.85Rnk 4 / 132
2023
Flag
Economic Complexity (ECI) ECI 1.34Rnk 16 / 132
2023
Flag  
GDP$1.71TCURRENT US$
Rnk 14 / 195
2013-2023
Flag
GDP GROWTH25%CURRENT US$
Rnk 127 / 195
2023
Flag
 GDP$3.05TCURRENT US$
Rnk 7 / 195
2013-2023
Flag
GDP GROWTH8.37%CURRENT US$
Rnk 159 / 195
2023
Flag
GDP PC $33,121CURRENT US$
Rnk 41 / 195
2013-2023
Flag
GDP PC GROWTH21.9%CURRENT US$
Rnk 99 / 195
2023
Flag
GDP PC$44,691CURRENT US$
Rnk 30 / 196
2013-2023
Flag
GDP PC GROWTH4.74%CURRENT US$
Rnk 146 / 195

About

South Korea-France Trade: In 2023, South Korea exported $9.29B to France. The main products that South Korea exported to France were Vaccines, blood, antisera, toxins and cultures ($2.31B), Cars ($1.78B), and Passenger and Cargo Ships ($1.31B). Over the past 5 years the exports of South Korea to France have increased at an annualized rate of 15.8%, from $4.46B in 2018 to $9.29B in 2023.

In 2005, South Korea exported services to France worth $479M, with Transportation ($252M), Other business services ($116M), and Travel ($69.9M) being the largest in terms of value.

France-South Korea Trade: In 2023, France exported $6.38B to South Korea. The main products that France exported to South Korea were Trunks and Cases ($446M), Radioactive Chemicals ($438M), and Integrated Circuits ($399M). Over the past 5 years the exports of France to South Korea have increased at an annualized rate of 1.3%,  from $5.98B in 2018 to $6.38B in 2023.

In 2020, France exported services to South Korea worth $1.72B, with Royalties and license fees ($563M), Other business services ($417M), and Transportation ($407M) being the largest in terms of value.

Comparison: In 2023,  South Korea ranked 4 in the Economic Complexity Index (ECI 1.85), and 5 in total exports ($645B). That same year, France ranked 16 in the Economic Complexity Index (ECI 1.34), and 7 in total exports ($635B).

Latest Trends

December, 2024

About

Overview In December 2024, South Korea exported $515M and imported $1.15B from France, resulting in a negative trade balance of $634M. Between December 2023 and December 2024 the exports of South Korea have increased by $135M (35.5%) from $380M to $515M, while imports increased by $344M (42.8%) from $804M to $1.15B.

Trade In December 2024, the top exports of South Korea to France were Cars, tractors, trucks & parts thereof. ($84.5M), Electrical machinery and electronics ($50.5M), Machinery, mechanical appliances, & parts ($23.2M), Optical, photo, & film equipment; medical... ($13.9M), and Plastics & articles thereof ($13M). In December 2024 the top imports of South Korea from France were Electrical machinery and electronics ($86.5M), Machinery, mechanical appliances, & parts ($65.3M), Pharmaceutical products ($64.3M), Aircraft and Spacecraft ($55.8M), and Leather articles ($54.3M).

Growth In December 2024, the increase in South Korea's year-by-year exports to France was explained primarily by an increase in product exports in Aircraft and Spacecraft ($3.89M or 95.6%), Rubber & articles thereof ($3.7M or 49.6%), and Fish, Crustaceans & Molluscs ($2.74M or 133%). In December 2024, the increase in South Korea's year-by-year imports  from France was explained primarily by an increase in product imports  in Aircraft and Spacecraft ($53.5M or 2.33k%), Pharmaceutical products ($19.8M or 44.4%), and Electrical machinery and electronics ($7.08M or 8.91%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)$135M(35.5%)
IMPORT GROWTH (December 2023 - December 2024)$344M(42.8%)

This section shows exports and imports data at subnational level for South Korea. Click any date in the line plot or any product to explore the exports or imports behavior of South Korea over time.

To check France and South Korea trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore France and South Korea Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, South Korea exported $9.29B to France. The main products exported from South Korea to France were Vaccines, blood, antisera, toxins and cultures ($2.31B), Cars ($1.78B), and Passenger and Cargo Ships ($1.31B). During the last 5 years the exports of South Korea to France have increased at an annualized rate of 15.8%, from $4.46B in 2018 to $9.29B in 2023.

In 2018, France exported $6.38B to South Korea. The main products exported from France to South Korea were Trunks and Cases ($446M), Radioactive Chemicals ($438M), and Integrated Circuits ($399M). During the last 5 years the exports of France to South Korea have increased at an annualized rate of 1.3%, from $5.98B in 2023 to $6.38B in 2018.

Exports from South Korea (Flag) to France (Flag) (2023)

Exports from France (Flag) to South Korea (Flag) (2023)

Market Competitiveness

Color
South Korea
Top DestinationChina$162B
France
Top DestinationGermany$72.8B

This map shows whether countries import more from South Korea or France. Each country is colored based on the difference in imports they receive from South Korea and France or the difference in the growth in imports.

In 2023, countries that imported more from South Korea than France included China ($162B), United States ($118B), and Chinese Taipei ($28.2B).

In 2023, countries that imported more from France than South Korea included Germany ($72.8B), Italy ($56.3B), and Belgium ($49.2B).

Difference in imports from France (Flag) and South Korea (Flag) (2023)

Comparative Advantage South Korea - France

Flow
Scale

This chart compares trade between South Korea and France by product, considering products traded by both, South Korea and France.

During 2023, South Korea had a large net trade with France in the exports of Transportation ($3.47B), Chemical Products ($2.74B), and Machines ($1.56B).

During 2018, France had a large net trade with South Korea in the exports of Chemical Products ($1.49B), Machines ($1.45B), and Transportation ($632M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential South Korea France+$483MCars
Top Product Potential France South Korea+$159MIntegrated Circuits

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Bilateral Service Trade

In 2005, South Korea exported services to France worth $479M, with Transportation ($252M), Other business services ($116M), and Travel ($69.9M) being the largest in terms of value.

In 2020, France exported services to South Korea worth $1.72B, with Royalties and license fees ($563M), Other business services ($417M), and Transportation ($407M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from South Korea (Flag) to France (Flag) (2005)

Services Exports from France (Flag) to South Korea (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of South Korea and France. This means that a dot/product with the flag of South Korea indicates it has a comparative advantage over France. Similarly, a dot/product with the flag of France indicates it has a comparative advantage over South Korea.

Product Space of South Korea (Flag) and France (Flag) (2023)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms