Economy > Trade Stats: compare key data on South Korea & United States
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Definitions
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Export value index:
Export values are from UNCTAD's value indexes or from current values of merchandise exports.
2000 = 100 - Exports: The total US dollar amount of exports on an f.o.b. (free on board) basis.
- Exports > Exports of goods and services: GDP by Type of Expenditure at current prices - US dollars.
- Exports > Exports of goods and services > Constant 2000 US$ per capita: Exports of goods and services (constant 2000 US$). Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant 2005 U.S. dollars. Figures expressed per capita for the same year.
- Exports > Goods and services: Exports of goods and services as a % of GDP, 2000
- Exports > Goods and services > Constant 2000 US$: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude labor and property income (formerly called factor services) as well as transfer payments. Data are in constant 2000 U.S. dollars.
- Exports > Goods and services > Constant LCU: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude labor and property income (formerly called factor services) as well as transfer payments. Data are in constant local currency.
- Exports > Per $ GDP: The total US dollar amount of exports on an f.o.b. (free on board) basis. Per $ GDP figures expressed per 1 $ gross domestic product.
- Exports > Primary: Primary exports as % of manufactured export, 2000.
- Exports per capita: The total US dollar amount of exports on an f.o.b. (free on board) basis. Figures expressed per capita for the same year.
- Imports: This entry provides the total US dollar amount of merchandise imports on a c.i.f. (cost, insurance, and freight) or f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms.
- Imports > Goods and services > BoP > Current US$ > Per $ GDP: Imports of goods and services comprise all transactions between residents of a country and the rest of the world involving a change of ownership from nonresidents to residents of general merchandise, goods sent for processing and repairs, nonmonetary gold, and services. Data are in current U.S. dollars. Per $ GDP figures expressed per 1 $ gross domestic product.
- Imports > Imports of goods and services: GDP by Type of Expenditure at current prices - US dollars.
- Imports of goods > Services and income > BoP > Current US$ per capita: Imports of goods, services and income is the sum of goods (merchandise) imports, imports of (nonfactor) services and income (factor) payments. Data are in current U.S. dollars. Figures expressed per capita for the same year.
- Imports per capita: This entry provides the total US dollar amount of merchandise imports on a c.i.f. (cost, insurance, and freight) or f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms. Figures expressed per capita for the same year.
- Imports of goods > Services and income > BoP > Current US$: Imports of goods, services and income is the sum of goods (merchandise) imports, imports of (nonfactor) services and income (factor) payments. Data are in current U.S. dollars.
- Exports > Leading export market: Country or customs union which is the main recipient of exports.
- Balance of payments > Net primary income > BoP, current US$ per million: Net primary income (BoP, current US$). Net primary income refers to receipts and payments of employee compensation paid to nonresident workers and investment income (receipts and payments on direct investment, portfolio investment, other investments, and receipts on reserve assets). Data are in current U.S. dollars. Figures expressed per million population for the same year.
- Exports > Exports of goods, services and primary income > BoP, current US$: Exports of goods, services and primary income (BoP, current US$). Exports of goods, services and primary income is the sum of goods exports, service exports and primary income receipts. Data are in current U.S. dollars.
- Exports > Per capita: The total US dollar amount of exports on an f.o.b. (free on board) basis. Per capita figures expressed per 1 population.
- Trading partners > Partner countries and regions of OECD merchandise trade per million: NAFTA is the North American Free Trade Area and consists of Canada, Mexico and the United States. OECD Asia and Oceania includes Australia and New Zealand as well as Japan and Korea. Non-OECD America covers the Caribbean, South America and Central America, except Mexico.Non-OECD Asia covers Central Asia, China, the Indian sub continent and South East. Middle East covers the Gulf Arabian Countries, Iran, Israel, Jordan, Lebanon, the Occupied Palestinian territory and the Syrian Arab Republic. The definitions of merchandise imports and exports are explained under "Trade in goods”. Figures expressed per million population for the same year.
- Imports ratio of GDP: Imports ratio of GDP, 2000
- Imports > Goods and services: Imports of goods and services as a % of GDP, 2000
- Trade in goods > Imports of goods: According to United Nations guidelines, international merchandise trade statistics record all goods which add to or subtract from the stock of material resources of a country by entering (imports) or leaving (exports) its economic territory. Goods simply being transported through a country or goods temporarily admitted or withdrawn (except for goods for inward or outward processing) are not included in the international merchandise trade statistics.
- Trading partners > Partner countries and regions of OECD merchandise trade: NAFTA is the North American Free Trade Area and consists of Canada, Mexico and the United States. OECD Asia and Oceania includes Australia and New Zealand as well as Japan and Korea. Non-OECD America covers the Caribbean, South America and Central America, except Mexico.Non-OECD Asia covers Central Asia, China, the Indian sub continent and South East. Middle East covers the Gulf Arabian Countries, Iran, Israel, Jordan, Lebanon, the Occupied Palestinian territory and the Syrian Arab Republic. The definitions of merchandise imports and exports are explained under "Trade in goods”.
- Share of trade in GDP > Trade in goods and services: The rates shown in this table correspond to the average of imports and exports (of both goods and services) at current prices as a percentage of GDP. The data are taken from national accounts statistics compiled according to the 1993 System of National Accounts. Goods consist of merchandise imports and exports. Services cover transport, travel, communications, construction, IT, financial, other business, personal and government services, as well as royalties and license fees.
- Share of trade in GDP > Trade in goods and services per million: The rates shown in this table correspond to the average of imports and exports (of both goods and services) at current prices as a percentage of GDP. The data are taken from national accounts statistics compiled according to the 1993 System of National Accounts. Goods consist of merchandise imports and exports. Services cover transport, travel, communications, construction, IT, financial, other business, personal and government services, as well as royalties and license fees. Figures expressed per million population for the same year.
- % of GDP: Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.
- Imports > Documents to import > Number per million: Documents to import (number). All documents required per shipment to import goods are recorded. It is assumed that the contract has already been agreed upon and signed by both parties. Documents required for clearance by government ministries, customs authorities, port and container terminal authorities, health and technical control agencies and banks are taken into account. Since payment is by letter of credit, all documents required by banks for the issuance or securing of a letter of credit are also taken into account. Documents that are renewed annually and that do not require renewal per shipment (for example, an annual tax clearance certificate) are not included. Figures expressed per million population for the same year.
- Imports of goods > Services and income > BoP > Current US$ > Per $ GDP: Imports of goods, services and income is the sum of goods (merchandise) imports, imports of (nonfactor) services and income (factor) payments. Data are in current U.S. dollars. Per $ GDP figures expressed per 1 $ gross domestic product.
- Exports from Canada > % of all Canadian > Exports: Share in percentage of countries in Canada's total exports as of 2008.
- Imports > Goods and services > Annual % growth: Annual growth rate of imports of goods and services based on constant local currency. Aggregates are based on constant 2000 U.S. dollars. Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude labor and property income (formerly called factor services) as well as transfer payments.
- Exports > External balance on goods and services > Current US$, % of GDP: External balance on goods and services (current US$). External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars. Figures expressed as a proportion of GDP for the same year
- Balance of payments > Current account balance of payments: The current account balance is the difference between a country’s current receipts from and its current payments to the rest of the world. These current transactions consist of exports and imports of goods; exports and imports of services such as tourism, international freight and passenger transport, insurance and financial services; income consisting of wages and salaries, dividends, interest and other property income; and transfers. Note that property income includes retained earnings of foreign-owned subsidiaries. All earnings of foreign-owned subsidiaries are treated as if they were remitted abroad and the part which is actually retained in the country where the subsidiary is located is then shown as a re-investment flow in the capital account.
- Trading partners > Partner countries and regions of OECD merchandise > Exports per million: NAFTA is the North American Free Trade Area and consists of Canada, Mexico and the United States. OECD Asia and Oceania includes Australia and New Zealand as well as Japan and Korea. Non-OECD America covers the Caribbean, South America and Central America, except Mexico.Non-OECD Asia covers Central Asia, China, the Indian sub continent and South East. Middle East covers the Gulf Arabian Countries, Iran, Israel, Jordan, Lebanon, the Occupied Palestinian territory and the Syrian Arab Republic. The definitions of merchandise imports and exports are explained under "Trade in goods”. Figures expressed per million population for the same year.
- Trade in goods > Exports of goods per million: According to United Nations guidelines, international merchandise trade statistics record all goods which add to or subtract from the stock of material resources of a country by entering (imports) or leaving (exports) its economic territory. Goods simply being transported through a country or goods temporarily admitted or withdrawn (except for goods for inward or outward processing) are not included in the international merchandise trade statistics. Figures expressed per million population for the same year.
- Trade in services > Imports of services: International trade in services is defined according to the 5th edition of the IMF Balance of Payments Manual (BPM5). Services include transport (both freight and passengers), travel (mainly expenditure on goods and services by tourists and business travellers), communications services (postal, telephone, satellite, etc.), construction services, insurance and financial services, computer and information services, royalties and license fees, other business services (merchanting, operational leasing, technical and professional services, etc.), cultural and recreational services (rents for films, fees for actors and other performers, but excluding purchases of films, recorded music, books, etc.) and government services not included in the list above.
- Balance of payments > Portfolio Investment, net > BoP, current US$ per million: Portfolio Investment, net (BoP, current US$). Portfolio investment covers transactions in equity securities and debt securities. Data are in current U.S. dollars. Figures expressed per million population for the same year.
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Import quantum/quantity index:
Import volumes for low- and middle-income economies are from UNCTAD's quantum index series and for high-income economies from import data deflated by the IMFÂ’s trade price deflators.
2000 = 100 - Balance of payments > Net capital account > BoP, current US$: Net capital account (BoP, current US$). Net capital account records acquisitions and disposals of nonproduced nonfinancial assets, such as land sold to embassies and sales of leases and licenses, as well as capital transfers, including government debt forgiveness. The use of the term capital account in this context is designed to be consistent with the System of National Accounts, which distinguishes between capital transactions and financial transactions. Data are in current U.S. dollars.
- Balance of payments > Portfolio equity, net inflows > BoP, current US$: Portfolio equity, net inflows (BoP, current US$). Portfolio equity includes net inflows from equity securities other than those recorded as direct investment and including shares, stocks, depository receipts (American or global), and direct purchases of shares in local stock markets by foreign investors. Data are in current U.S. dollars.
- Balance of payments > Portfolio Investment, net > BoP, current US$, % of GDP: Portfolio Investment, net (BoP, current US$). Portfolio investment covers transactions in equity securities and debt securities. Data are in current U.S. dollars. Figures expressed as a proportion of GDP for the same year
- Exports > Computer, communications and other services > % of commercial service exports: Computer, communications and other services (% of commercial service exports). Computer, communications and other services (% of commercial service exports) include such activities as international telecommunications, and postal and courier services; computer data; news-related service transactions between residents and nonresidents; construction services; royalties and license fees; miscellaneous business, professional, and technical services; and personal, cultural, and recreational services.
- Exports > Transport services > % of service exports, BoP: Transport services (% of service exports, BoP). Transport covers all transport services (sea, air, land, internal waterway, pipeline, space and electricity transmission) performed by residents of one economy for those of another and involving the carriage of passengers, the movement of goods (freight), rental of carriers with crew, and related support and auxiliary services. Also included are postal and courier services. Excluded are freight insurance (included in insurance services); goods procured in ports by nonresident carriers (included in goods); maintenance and repairs on transport equipment (included in maintenance and repair services n.i.e.); and repairs of railway facilities, harbors, and airfield facilities (included in construction).
- Exports > High-technology exports > Current US$: High-technology exports (current US$). High-technology exports are products with high R&D intensity, such as in aerospace, computers, pharmaceuticals, scientific instruments, and electrical machinery. Data are in current U.S. dollars.
- Imports to Canada > % of all Canadian imports: Share in percentage of countries in Canada's total imports as of 2008.
- Exports > Exports of goods and services > Current US$: Exports of goods and services (current US$). Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars.
- Exports of goods > Services and income > BoP > Current US$ > Per $ GDP: Exports of goods, services and income is the sum of goods (merchandise) exports, exports of (nonfactor) services and income (factor) receipts. Data are in current U.S. dollars. Per $ GDP figures expressed per 1 $ gross domestic product.
- Exports > Goods and services > Current US$ > Per $ GDP: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude labor and property income (formerly called factor services) as well as transfer payments. Data are in current U.S. dollars. Per $ GDP figures expressed per 1 $ gross domestic product.
- Exports > Goods and services > BoP > Current US$: Exports of goods and services comprise all transactions between residents of a country and the rest of the world involving a change of ownership from residents to nonresidents of general merchandise, goods sent for processing and repairs, nonmonetary gold, and services. Data are in current U.S. dollars.
- Exports of goods > Services and income > BoP > Current US$ per capita: Exports of goods, services and income is the sum of goods (merchandise) exports, exports of (nonfactor) services and income (factor) receipts. Data are in current U.S. dollars. Figures expressed per capita for the same year.
- Exports > Goods and services > Current US$: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude labor and property income (formerly called factor services) as well as transfer payments. Data are in current U.S. dollars.
SOURCES: World Development Indicators database; CIA World Factbooks 18 December 2003 to 28 March 2011; United Nations Statistics Division. Source tables; World Bank national accounts data. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; World Bank. 2002. World Development Indicators 2002. CD-ROM. Washington, DC; CIA World Factbooks 18 December 2003 to 28 March 2011. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; United Nations Statistics Division. Source tables; World Development Indicators database. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; World Trade Organization Trade Profiles database, loaded 2010; International Monetary Fund, Balance of Payments Statistics Yearbook and data files. World Bank World Development Indicators. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; International Monetary Fund, Balance of Payments Statistics Yearbook and data files. World Bank World Development Indicators.; OECD Country statistical profiles 2009. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; ASEAN Secretariat, Asian Development Bank (for China, Hong Kong and Taiwan), OECD; OECD Country statistical profiles 2009; World Bank, Doing Business project (http://www.doingbusiness.org/). Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; World Bank national accounts data. GDP figures sourced from World Bank national accounts data, and OECD National Accounts data files.; International Monetary Fund, Balance of Payments database, and World Bank, International Debt Statistics. World Bank World Development Indicators.; International Monetary Fund, Balance of Payments Statistics Yearbook and data files. World Bank World Development Indicators. GDP figures sourced from World Bank national accounts data, and OECD National Accounts data files.; United Nations, Comtrade database.; World Bank national accounts data
