South korea exports 63M. 1B), Broadcasting Equipment ($24. Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. South Korea Exports to Australia - data, historical chart and statistics - was last updated on February of 2025. 5% y/y in October. Exports The top exports of South Korea are Integrated Circuits ($121B), Refined Petroleum ($61. 26%) from $2. South Korea’s exports started the year on a soft note, as the extended Lunar New Year holiday and fewer working days in January snapped a 15-month streak of gains. 7%) from $55. Oct 12, 2023 · The improving export performance will generate positive repercussions in South Korea’s economy, in which goods exports account for 40% of nominal output. Jan 3, 2022 · Auto exports were up 24. Shipments to ASEAN, the EU, India and the United States all hit record highs. 8 billion last year, compared with the previous record of $683. Jan 1, 2025 · Korea's exports advanced 8. Please note the exports, imports and tariff data are based on reported data and not gap filled. 82% decline from 2019. 1 (Yonhap) -- South Korea's exports advanced 8. Oct 1, 2024 · In a remarkable display of economic resilience, South Korea’s exports surged 7. Jan 1, 2024 · South Korean exports continued to grow last month, helped by rising demand from the US that overtook China as the biggest market for the first time in two decades. South Korea Exports to Japan was US$29 Billion during 2023, according to the United Nations COMTRADE database on international trade. 92B in 2022. 66 Billion during 2023, according to the United Nations COMTRADE database on international trade. 92 in thousands of US$ leading to a negative trade balance of -47,810,494. South Korea Exports to United States was US$116. 8 billion) increase from 2020; U. 27B (14. 1%) from $16. 40 As a relatively new export sector for South Korea, the export amount of cultural content rose significantly, from USD 2. Exports YoY in South Korea averaged 15. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. 1 billion. Overview In November 2024, South Korea exported $10. 36 Billion during 2022, according to the United Nations COMTRADE database on international trade. Reforms to ensure fair Aug 1, 2017 · South Korea is responsible for a large amount of exports. 03B, a 6. 75 points in December from 130. Exports of goods and services (% of GDP) - Korea, Rep. 7% from a year earlier in March to $11. Learn More. Household debt remains high, and construction-related project finance has become a financial stability concern. Overall, South Korea's economy has demonstrated resilience despite numerous challenges, including high inflation, energy costs, financial instability, and global geopolitical tensions. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. GDP growth in Korea has recovered, supported by strong exports. I. goods exports to Korea, South in 2022 were $72. Data are in current U. 334 2015=100 in 2021 and a record low of 3. 4B, while imports decreased by $-771M (-12. The volume of South Korea’s steel exports increased to 5 of its top 10 markets in 2018. South Korea is the world's seventh-largest exporter of goods. 17 (Yonhap) -- Growth projections for South Korea's export-dependent economy in 2024 have been revised downward, despite robust semiconductor exports, reflecting slower-than-expected recovery in domestic demand amid high interest rates and lingering effects of the COVID-19 pandemic. Koreans value relationship building and harmony so avoid hard selling, pressure tactics and any sort of conflict or confrontation. 6 billion from $5. The trend reflects South Korea's strategic diversification amid US-China trade tensions. 2 percent on-year in 2024 to set a new annual record on robust shipments of semiconductors, data showed. imports from South Korea were $95. Find data on export value, share, industry, commodity, partner and more. In 2005, South Korea exported services to Thailand worth $908M, with Services not allocated ($409M), Transportation ($342M), and Travel ($94. 3%, $4. Overview In November 2024 South Korea's Other Vegetables exports accounted up to $7. South Korea Export Value Index data is updated yearly, averaging 29. 088% for the prior year. Feb 21, 2024 · Learn about the importance and trends of South Korea's exports for its economic growth and global trade. Oct 26, 2023 · SEOUL – South Korea’s economic growth held steady on the back of recovering exports, offering a sign of resilience as the central bank keeps monetary policy restrictive and sundry risks loom. 9% and were worth $169 billion, while shipments to the US, the number two export destination, rose by 29. 3 billion in YTD 2018. 3 USD bn in the previous month. Despite it being the 15th month of increased shipments, the slowing growth added to evidence South Korea Exports to Australia was US$17. . [3] Dec 5, 2023 · South Korea, the world’s 13th largest economy and a leader in high-tech industries, offers strong opportunities for U. Over the past 5 years the exports of Indonesia to South Korea have increased at an annualized rate of 11. 4B and imported $5. Apr 1, 2024 · South Korean exports of chips increased 35. Jan 26, 2025 · South Korea's exports are expected to have fallen for the first time in 16 months on U. Semiconductor exports Jan 1, 2025 · View South Korea's Korea Exports: Low- and Middle-Income Economies: % of Total Goods Exports: South Asia from 1964 to 2016 in the chart: max 1y 5y 10y bar line area spline areaspline column Apply There is no data available for your selected dates. Dec 17, 2024 · By Kim Han-joo. South Korea exports for 2022 was $808. In 2023, goods with a value of around 632. 5 billion in December from $5. Outbound shipments came to US$683. United States Imports from South Korea was US$119. The data reached an all-time high of 122. Overview In November 2024, South Korea exported $1. 04B in 2017 to $15. 6 billion set in 2022, according to the data compiled by the Ministry of Jan 26, 2025 · South Korea Exports: First 10 days data was reported at 16. Top 10 South Korean Exports in 2025 . 4%. With the inflation rate more than doubling, the government adopted a tighter monetary policy and provided energy subsidies to Jun 22, 2023 · Goods exports from South Korea to China fell almost 10 per cent to $122bn between 2021 and 2022, according to data released by the Bank of Korea this week. 36 points in January of 1998 and a record low of 18. 1% from a year earlier, according to the Trade Ministry. 4B), Cars ($52. The Korea office works with Korean partner institutions to help developing countries learn from Korea’s experience and expertise. SEOUL, Dec. Sep 9, 2024 · From high-tech goods to heavy industry, South Korea's export economy is highly diversified, and its major trading partners range from traditional markets like the United States and China to newer, rapidly growing economies such as Vietnam. South Korea Exports to South Africa - data, historical chart and statistics - was last updated on January of 2025. Exports 273. 6 billion in 2023. 84 percent in the total world export, placing it among the largest exporters globally. 5%) from $1. 8% during 2022, the country became a net importer of goods. 2 percent on-year in 2024 to set a new annual record on robust shipments of semiconductors, data showed Wednesday. Trade has an outsized role in the South Korean economy—total trade relative to South Mar 1, 2024 · South Korean exports continued to grow last month, adding to the optimistic outlook for economic growth and global commerce this year. Seoul: South Korea’s exports advanced 8. Flat products account for the largest share of South Korea’s steel exports. 8M, while imports decreased by Jun 1, 2021 · South Korea exports logged their sharpest expansion in 32 years in May, marking another robust month of shipments fuelled by stronger consumer demand globally as many economies start to reopen. 5 days ago · South Korea's exports are expected to have fallen for the first time in 16 months on U. By contrast goods exports to the US The value of South Korea’s YTD 2018 exports increased 14 percent to $6. Premium Statistic Trade balance South Korea 1991-2023 Jan 6, 2025 · South Korea's semiconductor exports to Taiwan and Vietnam surged in 2024, indicating a shift in global supply chains. tariff uncertainty and a slower tech sector, a Reuters poll showed, underscoring risks for trade-reliant Oct 18, 2024 · In 2023, the export value of electrical machinery and equipment and parts thereof from South Korea measured approximately 171 billion U. 39B. 77 billion. 9 Billion during 2023, according to the United Nations COMTRADE database on international trade. Those to China, the largest consumer of South Korean exports, rose 22. 9 billion increase; and the trade deficit with South Korea was $29. 74% decline from 2022. South Korea’s export economy is the fifth largest and the sixth most complex economy in the world. 2% and Exports were $94. 4 billion; imports were $130. 68% compared to a Between November 2023 and November 2024 the exports of South Korea have increased by $388M (0. 86 points in January of 1971. Jan 13, 2025 · Beef or beef products derived from (1) cattle born and raised in the United States, (2) cattle imported into the United States, for example from Canada, and raised in the United States for at least 100 days prior to slaughter, or (3) cattle legally imported into the United States from a country deemed eligible by the Korean government to export beef or beef products to Korea. South Korea Exports to United States - data, historical chart and statistics - was last updated on January of 2025. The value of South Korea’s YTD 2019 exports decreased 7 percent to $12. 60 percent in December of 2024. Total Import/Export Value in thousands of US Dollars current value. Exports rose 6. 5 USD bn. Share of imports into South Korea in total world imports from 2013 to 2021. 4M). 4% in 2023 from 5. This outstanding performance marks the 12th consecutive month of growth, reflecting the nation’s strong position in global trade. 79 Billion during 2023, according to the United Nations COMTRADE database on international trade. Gross fixed capital formation (GFCF) decreased over 2022, accounting for 31. Long products South Korea Exports to United Kingdom was US$6. South Korea’s exports decreased the most by volume to the United States (-30%), Nov 29, 2023 · South Korea's export economy has long been a powerhouse in driving the nation's economic growth and global influence. 917 USD bn (Median) from Jan 2016 to Jan 2025, with 109 observations. Market Overview. It has the 4th largest economy in Asia and the 12th largest in the world as of 2025. The export from the country amounted to US$495 billion in 2016 up by 36% since the Great recession kicked in. The trade growth is 3. 6% year on year, again supported by strong demand for chips, while imports grew 3. 37% increase from 2020. 58 percent in October of 1973 and a record low of -35. exports to South Korea were $65. South Korea continues to shine as a global trade powerhouse, ranking as the sixth-largest exporter and eighth-largest importer in the world. 1% in 2022. 19B, while imports decreased by $-106M (-4. 82 billion to China and $15. 4B to Indonesia. It has grown to become the fourth-largest economy in title: south korea: military production and exports subject: south korea: military production and exports keywords South Korea Exports to Philippines was US$9 Billion during 2023, according to the United Nations COMTRADE database on international trade. This page provides the latest reported value for - South Korea Imports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. South Korea-Indonesia Trade: In 2022, South Korea exported $10. Large-scale livestock farming also plays a big part in this sector. f. South Korea Exports to India was US$17. 39B from Australia, resulting in a negative trade balance of $1. 6B in 2022. 19B. The economy of South Korea is a highly developed mixed economy. dollars were exported from South Korea. 00%) and South Korean import share in world imports 2013-2021. The indicator was highest in the year 2011 (51. South Korea Total Exports data is updated monthly, available from Jan 1966 to Dec 2024, with an averaged value of 9. Over the past 5 years the exports of South Korea to Thailand have increased at an annualized rate of 2. P Jan 1, 2025 · South Korea's exports grew at a faster pace in December, beating market expectations, and ended the year with a record performance, trade data showed on Wednesday, though risks loom in the year ahead. Feb 29, 2024 · In 2022, the export value of the music industry in South Korea amounted to around 927. 1 billion increase. 59 percent growth in 2022. Summary. 2 billion U. For a discussion of the earlier history of the peninsula, see Korea. South Korea Exports Hit 2-Year Low. Imports in South Korea increased to 54400 USD Million in October from 52100 USD Million in September of 2024. 1%, ($14. tariff uncertainty and a slower tech sector, a Reuters poll showed, underscoring risks for trade-reliant Nov 6, 2024 · Trump has floated the idea of imposing blanket tariffs of 10% to 20% on all U. Between November 2023 and November 2024 the exports of South Korea 's Electrical machinery and electronics have increased by $2. i. Cultural content includes publishing, music, video games, characters, broadcasts, films and webtoons. South Korea's exports to mainland China have remained weak during 2023, recording a decline of 9. 8 billion in YTD 2017. 4% betweenac South Korea Exports as a % of GDP Exports as a % of GDP of South Korea was 35. 75B in 2017 to $8. 59 points in November of 2024. 77 percent in January of 2009. 30 percent in January from 6. A study of the different economic elements such as growth indexes, the key figures of international trade which provide information about the degree of openness of South Korea to the exterior: imports of goods: 642,572 million USD ; exports of goods: 632,226 million USD ; imports of services: 150,146 million USD ; exports of services: 124,486 million USD ; percentage of imports (32. The country exports mainly electrical and electronic equipment (30% of total), machinery, nuclear reactors, boilers (12%), vehicles other than railway, tramway (10%), and plastics (7%). 23 billion U. 93B. 52 Million during 2023, according to the United Nations COMTRADE database on international trade. [19] [20] [21] By nominal GDP, the economy was worth ₩2. Good momentum in chip exports provides some relief for an economy grappling with political uncertainty. Exports of goods and services (current US$) - Korea, Rep. 534 USD bn for Dec 2024. Ministry data shows a record USD 141. 72 Billion during 2023, according to the United Nations COMTRADE database on international trade. 9 billion in exports, driven by increased trade with Taiwan and Vietnam. 3 billion) from 2021 and up 71 percent from 2012. South Korea exports for 2021 was $761. 5 days ago · Exports free on board (f. Between 2010-2021, the exports as a % of GDP in South Korea decreased by 25. 6% in 2021, while South Korea’s exports as a % of GDP decreased by 0. South Korea's major rice export markets are the United States, Australia, and Singapore, accounting for 60 percent of the total exports. The KAI T-50 is one of South Korea's most successfully exported weapons platforms and has been credited with South Korea's increased arms exports. Aug 22, 2024 · South Korean media coverage surrounding the latest monthly trade data released by the government struck a positive tone regarding the overall trajectory of the Korean economy, which experienced a significant increase in semiconductor and automotive exports. 42B from United States, resulting in a positive trade balance of $4. 3 The main products that South Korea exported to Israel were Cars ($1. 6 million metric tons of South Korea’s steel exports consisted of flat products. Dollar figures for GDP are converted Korea is one of the few countries that has successfully transformed itself from a low-income to a high-income economy and a global leader in innovation and technology. This records a decrease from the previous number of 17. Long products Nov 13, 2024 · The main agricultural products in South Korea are barley, wheat, corn, soybeans and sorghum. 5% year-on-year in September, totaling a record $58. dollars, according to the United Nations COMTRADE database on international trade. 2 million metric tons of South Korea’s steel exports consisted of flat products. 7%) from $9. 8 billion, a 29. South Korea Exports to Canada - data, historical chart and statistics - was last updated on February of 2025. In 2022, South Korea did not export any services to Israel. Jan 1, 2025 · SEOUL, Jan. ) and imports cost insurance freight (c. imports, which a South Korean state-run think tank estimated last week would cause the trade-dependent economy to Mar 20, 2018 · Indeed, the export-oriented policies of South Korea are one of the most important factors of its success: South Korea is now one of the top 10 exporters in the world, and its exports as a percentage of GDP increased from 25. South Korea exports for 2020 was $597. 8%, $18. 1B to YTD 2018. South Korea Exports By Country,exports By Country - was last updated on Monday, February 3, 2025. Between November 2023 and November 2024 the exports of South Korea 's Other Vegetables have decreased by $-1. Among the top markets, South Korea’s exports increased the most by volume to Malaysia (17%), Italy (13%), India (12%), Mexico (10%), and Thailand (4%). 91%. 4%) from $6. 51B, a 27. While South Korea’s merchandise exports increased by 7% and imports rose by 18. Display exports rose 16. 5 percent ($6. If successful, the proposed restrictions could impact South Korea’s defense sector […] Dec 3, 2024 · In 2023, the total value of goods exported from South Korea amounted to about 632. The U. 68 in thousands of US$ and total imports of 731,361,419. 7 billion, the largest monthly sales total since March 2022, the ministry said. After South Korea Exports Hit 2-Year Low. Export Prices in South Korea averaged 102. 7B to $56. 419% in 2023 down from an average 5. 8bn last year South Korea’s economy Founded in 1948, South Korea is a relatively small country with an area less than half of that of the United Kingdom. South Korea Exports to United Kingdom - data, historical chart and statistics - was last updated on January of 2025. 7 billion to the U. 2 billion, a 16. 86%, from $7. Company trade records. Nov 6, 2024 · South Korea’s defense industry has rapidly expanded in recent years, with some of its clients in regions facing active conflicts and significant security needs. 21B), Broadcasting Equipment ($184M), and Integrated Circuits ($76. businesses. South Korea Exports By Category - was last updated on Sunday, February 2, 2025. The country’s exports—often viewed as a bellwether for global trade—have been driven by brisk demand for powerful memory Jan 8, 2025 · According to the Ministry of Trade, Industry and Energy, South Korea’s semiconductor exports reached a record $141. 17M, resulting in a positive trade balance of $3. goods and services trade deficit with Korea, South was $35. Outbound shipments came to $683. [ 20 ] [ 54 ] Despite some failed bids, the T-50 has been exported to the Philippines, Iraq, Indonesia, and Thailand, as well as to a number of countries expressing interest in procuring the aircraft Country Market Profile: South Korea . 004 USD bn in Jan 2025. U. This page in: 5 days ago · South Korean chip exports in January rose 8. Jun 1, 2018 · South Korea Total Exports recorded 61. South Korea Exports to China was US$124. Trade in Goods with South Korea In 2021, U. What does South Korea export? (2022) @OECtoday is on twitter. Euromonitor International, a market research provider, reports that the South Korean economy slowed down in 2023 due to a deceleration in exports growth. 9 percent in 1995 to 56. 5%, from $9. As the demand for dining out increased due to the stabilization of COVID-19 , the demand for Korean rice from overseas Korean markets such as the United States and Australia decreased. South Korea Exports: First 10 days data is updated monthly, averaging 13. 7 billion in 2022. Employment remains stable at a high level, while unemployment is low. Interest rate cuts will boost the domestic economy, but the main question is whether this can offset export weakness. 2B), and Motor vehicles; parts and accessories (8701 to 8705) ($20B), exporting mostly to China ($150B), United States ($112B), Vietnam ($60. 4B and imports accounted up to $10. 87B, a 7. K-pop The main export in the South Korean music industry is K-pop. 55B, a 6. In YTD 2019, 76 percent, or 11. Among these, South Korea focuses on the gaming industry and the game content. South Korea Exports to Japan - data, historical chart and statistics - was last updated on February of 2025. In YTD 2018, 72 percent, or 5. 59M to $7. 9 billion in 2024, a 43. 42B in 2022. May 24, 2017 · South Korea's trade surplus rose to $6. South Korea Exports to Malaysia was US$9. South Korea Exports to Philippines - data, historical chart and statistics - was last updated on February of 2025. 8% of GDP. 1B, while imports decreased by $-1. In 2023, South Korea's exports and imports of goods and services as a share of the country's GDP stood at almost 89 percent. 5 days ago · South Korean chip exports in January rose 8. Net Exports for South Korea from The Bank of Korea for the Korean National Accounts [GDP, QNA] release. South Korean Won Drops to 2-Week Low. Export Prices in South Korea increased to 133. The country’s important role in global supply chains for memory chips and refined petroleum products mean that its outbound shipment data are also considered a measure of the strength of South Korea Trade Statistics. 26B in 2017 to $2. South Korea has become the 14th largest economy in the world and the 4th largest in Asia according the IMF. Containerships seen at the Busan Port Terminal (BPT) in South Korea. 4B to $1. 19B and imported $2. Trade is a cornerstone of South Korea’s economy, with exports and imports collectively accounting for a substantial portion of the GD P (about 87% in 2023). had a total export of 683,550,925. 4B), Cars, tractors, trucks & parts thereof. 09 Billion during 2023, according to the United Nations COMTRADE database on international trade. 11% increase from 2021. South Korea Exports to India - data, historical chart and statistics - was last updated on January of 2025. Oct 14, 2024 · Over the past few decades, South Korea has achieved remarkable economic growth through its export-oriented, labor-intensive industrialization. Despite it being the 15th month of increased shipments, the slowing growth added to evidence that momentum is flagging in a sign of weakening demand for memory chips. South Korea Exports to Canada was US$8. Total U. 5B), and Hong Kong ($28. South Korea also adopted a National Security Law, which effectively prohibited Inflation in South Korea is forecast to slow down to 3. 42%) from $52B to $50. Interest rates have likely peaked and housing prices have stabilised, all of which should support consumption going forward. See the value, percentage share, and change of each export category, as well as the trade balance surplus or deficit. South Korea exports for 2023 was $753. 87 trillion). Between November 2023 and November 2024 the exports of South Korea have decreased by $-565M (-5. S. South Korea Exports to China - data, historical chart and statistics - was last updated on February of 2025. 88% and the Most Favored Nation (MFN) Weighted Average tariff is 8. South Korean Stocks Hit 2-Week Low. South Korea Export Value Index data remains active status in CEIC and is reported by World Bank. 9 percent increase from $98. Exports of Goods and Services for South Korea from The Bank of Korea for the Korean National Accounts [GDP, QNA] release. # 6 days ago · South Korean chip exports in January rose 8. South Korea’s exports increased at an annualized rate of 2. Sep 27, 2024 · The statistic shows the value of exports of goods from South Korea from 2013 to 2023. 49B to $2. 26B (-2. 7B), Japan ($30. 43 Billion during 2023, according to the United Nations COMTRADE database on international trade. 3 percent in 2012. Renowned for its innovative industries, cutting-edge technology, and efficient infrastructure, South Korea presents lucrative opportunities for businesses seeking to expand their global footprint. 25 in thousands of US$ The Effectively Applied Tariff Weighted Average (customs duty) for Korea, Rep. This was down from about 96 percent of GDP in the previous year. 6 million U. 6%). 6 billion in 2018. 4 billion from $13. dollars. In 2022, Indonesia did not export any services to South Korea. 7%. Data. 87 percent from 1967 until 2025, reaching an all time high of 148. 5% year on year basis in 2021. 4% and were worth $95. 6 billion in November. 19B to $5. Over the past 5 years the exports of South Korea to Israel have increased at an annualized rate of 13. Jan 29, 2025 · South Korea - History, Culture, Economy: The following is a treatment of South Korea since the Korean War. Despite it being the 15th month of increased shipments, the slowing growth added to evidence Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. However, exiting the pandemic, Korea’s economic growth has been relatively slow, recording 4. 1 billion, up 9. 8M (-18. 18%) from $10. 15 percent growth in 2021 and 2. Data is for 2012, in millions of United States dollars, as reported by The Observatory of Economic Complexity. Please check the Data Availability for coverage. Between November 2023 and November 2024 the exports of South Korea have decreased by $-202M (-14. 3 billion in 2008 to USD 9. Domestically, South Korean inflation in terms of its average consumer prices rose 3. 0 billion, a 24. 75 Billion during 2023, according to the United Nations COMTRADE database on international trade. The Republic of South Korea’s weaker local currency made South Korean imports paid for in stronger US dollars relatively more expensive when converted starting from the won. 42B. Korea, Rep. China and the United States are its largest export partners, with South Korea exporting $14. The following is a list of the exports of South Korea. o. is 8. b. 9%, from $1. 7B, resulting in a positive trade balance of $7. 702 2015=100 (Median) from Dec 1980 to 2021, with 42 observations. 7B. 28 points from 1971 until 2024, reaching an all time high of 213. This page in: This page displays a table with South Korea Exports By Country in U. 4 USD bn in Dec 2024, compared with 56. 4%), and lowest in the year 2021 (35. 9 billion. South Korea Posts Trade Gap for 1st Time in 20 Months. 325 2015=100 in 1980. According to latest trade data from South Korea's Ministry of Trade Overview In November 2024 South Korea's Electrical machinery and electronics exports accounted up to $18. More than half of its 51 million population is South Korea Exports to South Africa was US$881. 9M) being the largest in terms of value. Exports YoY in South Korea decreased to -10. Follow to be the first to know about trade insights. South Korea Exports to Malaysia - data, historical chart and statistics - was last updated on January of 2025. This page provides forecast and historical data, charts, statistics, news and updates for South Korea Net Exports. Dec 13, 2024 · As of 2021, South Korea held a share of roughly 2. 61 quadrillion (US$1. 5 days ago · South Korea’s exports maintained growth momentum in January, keeping optimism alive at the start of a year overshadowed by domestic political turmoil and Donald Trump’s tariff threat. Learn what products South Korea exported the most and to which countries in 2023. Leading the charge were the semiconductor and automobile sectors, which achieved all-time highs. Compare Exports by Country. For viewing trade, tariff data for country or region by year click here. 9B to $10. The First Republic, established in August 1948, adopted a presidential system, and Syngman Rhee was subsequently elected its first president. 9B). 2%, while steel shipments were up 37%. However, the main opposition Democratic Party’s (DP) legislative push to restrict arms exports to conflict zones may threaten this trajectory. from The World Bank: Data. Trade In November 2024, the top exports of South Korea were Electrical machinery and electronics ($18. Currently the top twenty exports are listed. Free and open access to global development data. South Korea’s exports grew at a weaker-than-expected pace in November, amid lingering concerns that the trade-dependent economy is losing momentum right as uncertainty in global commerce is on Jun 1, 2024 · South Korea's exports rose for an eighth straight month in May, led by robust chip sales though overall growth in shipments lagged market expectations, trade data showed on Saturday. The Interest rate cuts will boost the domestic economy, but the main question is whether this can offset export weakness. ) are, in general, customs statistics reported under the general trade statistics according to the recommendations of the Jan 1, 2025 · South Korea’s exports maintained growth momentum in December as demand from China increased while semiconductor sales stayed resilient. 8M and imports accounted up to $4. spfs vaegcr jgtj jghwk karxn hjusmjzo axil ztesy drvg xja vmzk ddg hzrwrofq whp bqfhdbb