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South Korea

South Korea Trade Stats

Definitions

  • Balance of payments > Net primary income > BoP, current US$ per million: Net primary income (BoP, current US$). Net primary income refers to receipts and payments of employee compensation paid to nonresident workers and investment income (receipts and payments on direct investment, portfolio investment, other investments, and receipts on reserve assets). Data are in current U.S. dollars. Figures expressed per million population for the same year.
  • Export value index: Export values are from UNCTAD's value indexes or from current values of merchandise exports.
    2000 = 100
  • Exports: The total US dollar amount of exports on an f.o.b. (free on board) basis.
  • Exports > Exports of goods and services: GDP by Type of Expenditure at current prices - US dollars.
  • Exports > Exports of goods and services > Constant 2000 US$ per capita: Exports of goods and services (constant 2000 US$). Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant 2005 U.S. dollars. Figures expressed per capita for the same year.
  • Exports > Exports of goods, services and primary income > BoP, current US$: Exports of goods, services and primary income (BoP, current US$). Exports of goods, services and primary income is the sum of goods exports, service exports and primary income receipts. Data are in current U.S. dollars.
  • Exports > Goods and services: Exports of goods and services as a % of GDP, 2000
  • Exports > Goods and services > Constant 2000 US$: 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 > Leading export market: Country or customs union which is the main recipient of exports.
  • 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 > 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.
  • Exports > Primary: Primary exports as % of manufactured export, 2000.
  • Exports from Canada > % of all Canadian > Exports: Share in percentage of countries in Canada's total exports as of 2008.
  • 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.
  • Exports to US: in US dollars. Jan 2003 - March 2003
  • Exports to US > Per $ GDP: in US dollars. Jan 2003 - March 2003 Per $ GDP figures expressed per $100 of Gross Domestic Product.
  • Exports to US per capita: in US dollars. Jan 2003 - March 2003. Figures expressed per capita for the same year.
  • Imports: This entry provides the total US dollar amount of merchandise imports on a c.i.f. (cost, insurance, and freight) or f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms.
  • Imports > Documents to import > Number per million: Documents to import (number). All documents required per shipment to import goods are recorded. It is assumed that the contract has already been agreed upon and signed by both parties. Documents required for clearance by government ministries, customs authorities, port and container terminal authorities, health and technical control agencies and banks are taken into account. Since payment is by letter of credit, all documents required by banks for the issuance or securing of a letter of credit are also taken into account. Documents that are renewed annually and that do not require renewal per shipment (for example, an annual tax clearance certificate) are not included. Figures expressed per million population for the same year.
  • Imports > Goods and services: Imports of goods and services as a % of GDP, 2000
  • Imports > Goods and services > Annual % growth: Annual growth rate of imports of goods and services based on constant local currency. Aggregates are based on constant 2000 U.S. dollars. Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude labor and property income (formerly called factor services) as well as transfer payments.
  • Imports > Goods and services > BoP > Current US$ > 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 from US: In US dollars. Jan 2003 - March 2003
  • Imports from US per capita: In US dollars. Jan 2003 - March 2003. Figures expressed per capita for the same year.
  • Imports of goods > Services and income > BoP > Current US$: Imports of goods, services and income is the sum of goods (merchandise) imports, imports of (nonfactor) services and income (factor) payments. Data are in current U.S. dollars.
  • Imports of goods > Services and income > BoP > Current US$ > 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.
  • 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 ratio of GDP: Imports ratio of GDP, 2000
  • 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.
  • 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”.
  • 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.
STAT AMOUNT DATE RANK HISTORY
Balance of payments > Net primary income > BoP, current US$ per million $97.70 million 2012 22nd out of 149
Export value index 154.66% 2005 10th out of 32
Exports $466.30 billion 2010 6th out of 150
Exports > Exports of goods and services 638.25 billion 2012 7th out of 203
Exports > Exports of goods and services > Constant 2000 US$ per capita $11,427.08 2012 21st out of 110
Exports > Exports of goods, services and primary income > BoP, current US$ $683.07 billion 2012 10th out of 150
Exports > Goods and services 45% 2000 59th out of 156
Exports > Goods and services > Constant 2000 US$ 345.21 billion constant 2000 US$ 2005 6th out of 126
Exports > Goods and services > Constant LCU 390417600000000 2005
Exports > Leading export market China 2009
Exports > Per $ GDP $0.37 per $1 of GDP 2006 60th out of 161
Exports > Per capita $7,727.63 per capita 2007 32nd out of 152
Exports > Primary 9% 2000 109th out of 117
Exports from Canada > % of all Canadian > Exports 0.8 2008
Exports per capita $9,437.36 2010 26th out of 146
Exports to US $8.40 billion 2003 7th out of 224
Exports to US > Per $ GDP $0.91 per $100 2003 48th out of 213
Exports to US per capita $175.60 2003 30th out of 194
Imports $417.90 billion 2010 8th out of 150
Imports > Documents to import > Number per million 0.06 2012 175th out of 188
Imports > Goods and services 42% 2000 74th out of 156
Imports > Goods and services > Annual % growth 6.9% 2005 76th out of 125
Imports > Goods and services > BoP > Current US$ > Per $ GDP 0.399 BoP $ per $1 of GDP 2005 81st out of 130
Imports > Imports of goods and services 603.47 billion 2012 7th out of 203
Imports from US $6.05 billion 2003 7th out of 224
Imports from US per capita $126.42 2003 39th out of 194
Imports of goods > Services and income > BoP > Current US$ 325.55 billion BoP $ 2005 13th out of 137
Imports of goods > Services and income > BoP > Current US$ > Per $ GDP 0.413 BoP $ per $1 of GDP 2005 90th out of 130
Imports of goods > Services and income > BoP > Current US$ per capita 6,762.91 BoP $ 2005 42nd out of 135
Imports per capita $8,457.80 2010 29th out of 146
Imports ratio of GDP 42% 2000 17th out of 43
Share of trade in GDP > Trade in goods and services 45.18% 1993 12th out of 30
Share of trade in GDP > Trade in goods and services per million 1.03% 1993 21st out of 30
Trade in goods > Imports of goods $356.84 Billion US dollars 2009 11th out of 30
Trading partners > Partner countries and regions of OECD merchandise trade 1.67% 2009 11th out of 14
Trading partners > Partner countries and regions of OECD merchandise trade per million 0.034% 2009 12th out of 14

SOURCES: 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.; 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.; International Monetary Fund, Balance of Payments Statistics Yearbook and data files. World Bank World Development Indicators.; World Bank. 2002. World Development Indicators 2002. CD-ROM. Washington, DC; World Trade Organization Trade Profiles database, loaded 2010; 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.; US Census Bureau; US Census Bureau. 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, 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.; 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.; ASEAN Secretariat, Asian Development Bank (for China, Hong Kong and Taiwan), OECD; OECD Country statistical profiles 2009; 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.

Citation

South Korea Economy > Trade Profiles (Subcategories)

Balance of payments 52 Imports of goods 4
Exports 59 Trade in goods 6
Exports of goods 4 Trade in services 6
Imports 27 Trading partners 4

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