South Korea Export Trade Data

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Key Indicators
- Export Shipments
- 78,279,496
- Suppliers
- 802,023
- Export Trading Partners
- 114
- Import Shipments
- 33,125,739
- Buyers
- 209,202
- Import Trading Partners
- 101
Overview

South Korea Export Trade
Introduction:
South Korea, an economic powerhouse in East Asia, is renowned for its highly advanced and diverse export sectors, including electronics, automotive, and semiconductors. These industries are critical in meeting global demands and are pivotal in driving South Korea's economic growth, providing lucrative opportunities for global importers.
Economic Overview:
South Korea boasts the world’s 12th largest economy by GDP, with a strong industrial base and high-technology focus. Exports play a vital role in the nation's economy, significantly contributing to GDP. South Korea is continuously innovating within technology sectors and expanding its digital economy to enhance export capabilities.
Political and Regulatory Environment:
South Korea maintains a stable political environment and a favorable business climate, which are conducive to trade and investment. The country has several free trade agreements that facilitate access to global markets, including recent updates to trade agreements with the U.S. and EU that enhance economic ties.
Opportunities and Challenges for Importers:
Importers can find robust opportunities in South Korea’s leading sectors such as electronics, automobiles, and machinery. However, challenges include navigating complex regulatory standards and intense competition in cutting-edge technology sectors.
Top 10 Export Products:
- Integrated Circuits (HS Code: 8542) - High demand in global electronics.
- Cars (HS Code: 8703) - Advanced engineering and design.
- Refined Petroleum (HS Code: 2710) - Significant output capacity.
- Cargo Ships (HS Code: 8901) - Leading shipbuilding industry.
- Vehicle Parts (HS Code: 8708) - Comprehensive automotive supply chain.
- Machinery including Computers (HS Code: 8471) - High-tech manufacturing.
- Plastics (HS Code: 3901) - Raw materials for various applications.
- Optical, Photographic, Medical Equipment (HS Code: 9001) - Precision technology.
- Electrical Machinery and Equipment (HS Code: 8501) - Key in consumer electronics.
- Pharmaceuticals (HS Code: 3004) - Growing biotech sector.
Top Suppliers:
Z To Order and NA, DAHANA, SMART TECHNOLOGY GAS
Solution for Global Importers:
Global importers are encouraged to leverage South Korea's extensive export offerings through Volza’s online export data. Volza provides tools to efficiently navigate the South Korean market, helping importers identify and capitalize on opportunities swiftly and effectively. Engage with Volza to access detailed insights and streamline your import processes from South Korea.
Export Database - Factsheet
-
Data Source
-
Detailed Mirror data
-
Data Available From
- 01, Jan, 2019
-
Data Coverage
-
40%
-
Last Shipment
- 31, Dec, 2022
-
Update Frequency
- Monthly
-
-
- 114
-
- -50.05%
Search Import Export Data
South Korea Export Data
78,279,496
Product | Exporters | Buyers | Arrival Date |
---|---|---|---|
CLEAREN - STYRENE-BUTADIENE COPOLYMER 2 , 8 PALLETS (28 FLEXIBLE BAGS) |
USA
|
USA
|
04-Dec-2024 |
PAPER SHOPPING BAG , INV. NO.:OZ20241101 , HS CODE: 4819.40 |
USA
|
USA
|
04-Dec-2024 |
REAR-VIEW MIRRORS FOR VEHICLES |
USA
|
USA
|
04-Dec-2024 |
92 PKGS (119,183 PCS) OF RETURNABLE PACKAGE L,IST FOR AUTOMOTIVE PARTS (NO COMMERCIAL VALUE ,) PART FOR MANUFACTURING PASSENGER CAR INV. NO,.IJTH-202410-0302 |
USA
|
USA
|
04-Dec-2024 |
COSMETIC BRUSH , HTS: |
USA
|
USA
|
04-Dec-2024 |
NOTEBOOK COMPUTER |
USA
|
USA
|
04-Dec-2024 |
Top 10 Exporters
South Korea Top 10 Exporters
Within our Volza database, we possess comprehensive information about over 10 active exporters in South Korea. To assist you in identifying the leading exporters in South Korea, Volza offers an advanced feature that analyzes billions of shipping invoices using more than 20 parameters. Noteworthy among the top 10 exporters in South Korea are companies like HYUNDAI MOBIS , LG ELECTRONICS INC 201 JAMES RECORD ROAD BUILDING , and SAMSUNG ELECTRONICS HUIZHOU CO LTD . These key players are featured prominently within our extensive database. For a more comprehensive overview, please refer to our table, which outlines the top 10 exporters, and explore the additional resources provided below.
Rank | Exporters | Shipments |
---|---|---|
1 | HYUNDAI MOBIS | 2,162,472 |
2 | LG ELECTRONICS INC 201 JAMES RECORD ROAD BUILDING | 1,603,546 |
3 | SAMSUNG ELECTRONICS HUIZHOU CO LTD | 1,539,858 |
4 | HYUNDAI MOTOR COMPANY | 1,343,263 |
5 | KIA CORPORATION | 972,986 |
6 | GM KOREA COMPANY | 767,829 |
7 | KIA MOTORS CORPORATION | 629,562 |
8 | MOBIS PARTS MIAMI LLC | 565,555 |
9 | SEO HEUNG CO LTD | 544,035 |
10 | HYUNDAI GLOVIS CO LTD | 500,057 |
Top 4 Export Products
South Korea Top 4 Export Products
As the South Korea export data reveals, the nation's top export products for 2024 were prominently characterized by:
- Plastic: 36.53% - Steel Bolt Or Screw: 33.30% - Parts Of Automotive: 18.03% - Plate: 12.13%These top 4 export items represented a significant 61.4% of South Korea's total export value for 2024. When analyzing South Korea's customs records, it's evident that the fastest-growing export categories were mineral fuels & oils, animal or vegetable fats & oils, and articles of stone, showing a robust upward trend. Conversely, the declining sectors in the export landscape included products of the milling industry, optical and photographic equipment, as well as electrical machinery & equipment. These top 4 export items represented a significant 61.4% of South Korea's total export value for 2024. When analyzing South Korea's customs records, it's evident that the fastest-growing export categories were mineral fuels & oils, animal or vegetable fats & oils, and articles of stone, showing a robust upward trend. Conversely, the declining sectors in the export landscape included products of the milling industry, optical and photographic equipment, as well as electrical machinery & equipment. For businesses and market analysts, the subsequent chart offers a deeper dive, showcasing the monetary value and market dynamics of South Korea’s top 0 export commodities for 2024.
Rank | Export Products | Shipments |
---|---|---|
1 |
PLASTIC |
81,189,574 |
2 |
STEEL BOLT OR SCREW |
74,016,595 |
3 |
PARTS OF AUTOMOTIVE |
40,072,862 |
4 |
PLATE |
26,962,661 |
Trading Partners
Top Trading Partners of South Korea
Top 9 Export Trading Partners
South Korea Top 9 Export Trading Partners
South Korea trade data from 2024 highlights the nation's top
9
export partners as follows:
VIETNAM (USD 25,311,042)
, INDIA (USD 12,536,979)
and the UNITED STATES (USD 10,874,840).
The growth rates for the leading three
exporters were as follows:
Vietnam
at 32.33%
, India
at 16.02%
and United States
13.89%.
Trade balance analysis reveals that South Korea had a trade deficit with both Iran and China. Specifically, the deficit amounted to USD 300 million with Iran and USD 150 million with China in that year.
South Korea export statistics show that the country's top
9
export partners in 2024 collectively contributed 87.2% to the overall value of
export shipments. Furthermore,
South Korea’s major exports from
Vietnam include
PLASTIC,
PARTS OF AUTOMOTIVE,
PLATE,
STEEL BOLT OR SCREW,
products.
The provided chart below breaks down the values in percentile of
South Korea’s top 9
export partners for 2024.
Rank | Export Trading Partners | Shipments |
---|---|---|
1 | Vietnam | 25,311,042 |
2 | India | 12,536,979 |
3 | United States | 10,874,840 |
4 | Indonesia | 6,141,629 |
5 | Mexico | 3,264,696 |
6 | Peru | 2,381,342 |
7 | Ecuador | 2,301,635 |
8 | Argentina | 1,964,177 |
9 | Russia | 1,423,766 |
Export Data Sample Record
South Korea Export Data Sample Record
South Korea export data covers all important shipping details that are essential for businesses to find
exporters in South Korea, analyze market trends, and identify potential industries.
South Korea trade data contains customs-based details including Date,
Exporter Name, HS Code, HS Code Description, Commercial Description, Gross Weight, Net Weight, Total Value USD and Origin Country.
View South Korea export data sample with complete number of fields available in data.
Date: |
4 Dec 2024
|
HS Code: |
0000
|
Quantity: |
84
|
Quantity Unit: |
Bag
|
Value FC: | |
Value: |
84
|
HS Description: | |
Exporter: |
THE SUMITOMO WAREHOUSE CO LTD
|
Importer: |
S.No | Data Fields |
---|---|
1 |
Date
|
2 |
HSN Code
|
3 |
Quantity
|
4 |
Quantity Unit
|
5 |
Value FC
|
6 |
Value
|
7 |
HSN Description
|
8 |
Exporter
|
9 |
Importer
|
Top 6 Export Ports
South Korea Top 6 Export Ports
South Korea's global export trade operates through over 6 ports. Busan stands as the predominant port, handling 9,543,356 export shipments, which constitutes a 13% market share. OP Vietnam follows with an 11% share, accounting for 8,284,210 shipments, while Busan contributes a 32.02% market share with its 5,587,617 shipments. For detailed export trade statistics of each port in South Korea, refer to the provided links below. Collectively, these ports underscore the integrated nature of South Korea's trade infrastructure. As the trade data indicates, these crucial export ports facilitate the consistent delivery of essential goods across South Korea.
Rank | Export Ports | Shipments |
---|---|---|
1 |
Busan |
9,543,356 |
2 |
OP Vietnam |
8,284,210 |
3 |
Busan |
5,587,617 |
4 |
Incheon |
2,646,250 |
5 |
OP Vietnam |
2,017,877 |
6 |
Seoul |
1,726,219 |
Export Bill of Lading
- Export Shipments of South Korea
- 78,279,496
- Date
- 04-12-2024
- Product Description
- CLEAREN - STYRENE-BUTADIENE COPOLYMER 2 , 8 PALLETS (28 FLEXIBLE BAGS)
- Shipper Name
- THE SUMITOMO WAREHOUSE CO LTD
- Notify Party Name
- SUMITOMO WAREHOUSE USA INC
- Weight Unit
- Bag
- Quantity
- 84
- Shipment Origin
- USA
- Port of origin
- Long Beach
Datasets
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Frequently Asked Questions
What information is included in South Korea Export Data?
South Korea Export Data includes details about Exported products, such as their descriptions, HS codes (Harmonized System codes), origins, quantities, values, exporters' details, shipment details, and customs duties paid.
How often is the South Korea Export Trade Data updated on Volza.com?
The frequency of updates for South Korea Export Trade Data on Volza.com may vary, but the platform strives to ensure regular updates. The goal is to provide users with the most current and accurate information available. It is recommended to check the platform regularly or contact the Volza.com support team for specific details on data update schedules.
How frequently is the South Korea Export trade data updated on Volza.com?
The South Korea export trade data on Volza.com is regularly updated to provide the most current information available. The website strives to ensure that users have access to the latest export trade data for South Korea.
What types of export trade data can I find on Volza.com?
Volza.com offers a wide range of export trade data for South Korea. You can find data related to various sectors and industries, including agriculture, manufacturing, energy, textiles, and more. The website aims to provide comprehensive information to cater to the diverse needs of users interested in South Korea's export trade.
Why is South Korea Export Data important?
South Korea Export Data plays a crucial role in understanding the country's trade dynamics, economic trends, and market demand. It aids businesses, policymakers, researchers, and investors in making informed decisions related to international trade and investment.
Can I access historical South Korea Export Data?
Yes, historical South Korea Export Data is valuable for tracking changes in export patterns over months or years, identifying seasonality, and understanding long-term trends.