South Korea Exports  1966-2017 | Data | Chart | Calendar | Forecast | News

Exports from South Korea jumped 20.2 percent from a year earlier to USD 43.19 billion in February of 2017, following a 11.2 percent rise in January and beating markets expectations of a 14.7 percent. It was the fourth straight month of growth and the fastest since February 2012. For 2017, exports are expected to grow 2.9 percent, supported by improving global demand. Exports in South Korea averaged 13000.07 USD Million from 1966 until 2017, reaching an all time high of 51600 USD Million in October of 2014 and a record low of 14.75 USD Million in January of 1966.

South Korea Exports
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2017-01-01 12:00 AM Dec 6.4% 2.5% 6.4%
2017-02-01 12:00 AM Jan 11.2% 6.4%
2017-03-01 12:00 AM Feb 20.2% 11.2% 14.7%
2017-04-01 12:00 AM Mar 20.2% 13%
2017-05-01 12:00 AM Apr
2017-06-01 12:00 AM May




South Korea Trade Last Previous Highest Lowest Unit
Balance of Trade 7220.00 2810.00 11371.62 -4043.45 USD Million [+]
Exports 43189.00 40312.73 51600.00 14.75 USD Million [+]
Imports 35966.00 37501.85 45899.19 38.61 USD Million [+]
Current Account 5277.80 7869.20 12086.30 -3756.80 USD Million [+]
Current Account to GDP 7.70 6.00 10.70 -10.50 percent [+]
External Debt 380948.90 400155.80 452750.80 80766.40 USD Million [+]
Terms of Trade 102.80 103.60 237.00 86.10 Index Points [+]
Foreign Direct Investment 6249699.00 449500.00 7638784.00 114.00 USD Thousand [+]
Capital Flows 4387.90 9281.30 12277.90 -3385.80 USD Million [+]
Tourism Revenues 1208.50 1336.80 1765.40 326.50 USD Million [+]
Tourist Arrivals 1252080.00 1220695.00 1703495.00 213006.00 [+]
Gold Reserves 104.40 104.40 104.44 13.00 Tonnes [+]
Terrorism Index 0.23 0.00 2.62 0.00 [+]
Weapons Sales 105.00 163.00 331.00 7.00 USD Million [+]


South Korea Exports by Country Last
China 11133815.00 USD THO Feb/17
United States 5311385.00 USD THO Feb/17
European Union 3932014.00 USD THO Feb/17
Vietnam 3181556.00 USD THO Feb/17
Hong Kong 2856478.00 USD THO Feb/17
Japan 2044824.00 USD THO Feb/17
Taiwan 1132893.00 USD THO Feb/17
India 1130414.00 USD THO Feb/17
Malaysia 1089648.00 USD THO Feb/17
Mexico 914788.00 USD THO Feb/17
Singapore 886214.00 USD THO Feb/17
Philippines 776534.00 USD THO Feb/17
Germany 665914.00 USD THO Feb/17
Australia 665871.00 USD THO Feb/17
Indonesia 641970.00 USD THO Feb/17
Russia 615378.00 USD THO Feb/17
Thailand 587684.00 USD THO Feb/17
Turkey 456836.00 USD THO Feb/17
Brazil 447761.00 USD THO Feb/17
United Arab Emirates 403656.00 USD THO Feb/17
South Korea Exports by Category Last
Heavy Industry Products 36341000.00 USD THO Feb/17
Heavy Industry Products - Electronic P 13624000.00 USD THO Feb/17
Heavy Industry Products - Transportati 7559000.00 USD THO Feb/17
Semi Conductor 6567000.00 USD THO Feb/17
Heavy Industry Products - Chemicals & 5309000.00 USD THO Feb/17
Heavy Industry Products - Machinery & 4997000.00 USD THO Feb/17
Metal Goods 3996000.00 USD THO Feb/17
Kcs - General Machinery 3844000.00 USD THO Feb/17
Kcs - Petroleum Chemical 3811000.00 USD THO Feb/17
Crude Materials & Fuels 3576000.00 USD THO Feb/17
Kcs - Car 3284000.00 USD THO Feb/17
Passenger Car 3066000.00 USD THO Feb/17
Kcs - Iron and Steel Products 2956000.00 USD THO Feb/17
Petroleum & Derivatives 2939000.00 USD THO Feb/17
Kcs - Petroleum Products 2891000.00 USD THO Feb/17
Light Industry Products 2687000.00 USD THO Feb/17
Information & Communications Equipment 2530000.00 USD THO Feb/17
Kcs - Auto Parts 2054000.00 USD THO Feb/17
Kcs - Ship Class 1895000.00 USD THO Feb/17
Ship & Boat 1812000.00 USD THO Feb/17

South Korea Exports Notes

South Korea has an export oriented economy and its exports accounts for more than 50% of GDP. The country exports mainly machinery and transport equipment (59 percent of total exports) such as: electrical machinery, apparatus, appliances and electrical parts (18 percent); road vehicles (13 percent); telecommunications, sound recording; reproducing apparatus and equipment (8 percent). Other exports include: petroleum, petroleum products, related materials (6 percent); iron, steel (4 percent) and plastics (4 percent). Major export partners are China (26 percent of total exports), the United States (13 percent) Hong Kong (6 percent), Vietnam, Japan (5 percent each) and Singapore (3 percent). Others include: India, Taiwan, Mexico, Australia, Saudi Arabia and Philippines. This page provides the latest reported value for - South Korea Exports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. South Korea Exports - actual data, historical chart and calendar of releases - was last updated on March of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
43189.00 40312.73 51600.00 14.75 1966 - 2017 USD Million Monthly