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Geographical trade map outline of South Korea
National flag of South KoreaKR

South Korea Asia

International Trade Statistics & Market Analysis • 2024

Imports

2024
Total Value$459.1B
Top Imports From
China
Top ProductMonolithic integrated circuits, digital

Exports

2024
Total Value$454.4B
Top Exports To
United States
Top ProductMonolithic integrated circuits, digital
Overview
Buyers
Suppliers
Bill of Lading Data
All Products

Countries South Korea Imports From

CountryValueShare
ChinaChina
$134,398,716,870
29.3%
Other
$76,389,327,620
16.6%
United StatesUnited States
$44,338,759,990
9.7%
JapanJapan
$37,096,787,670
8.1%
GermanyGermany
$19,856,672,330
4.3%
SingaporeSingapore
$18,976,964,270
4.1%
AustraliaAustralia
$17,126,302,760
3.7%
MalaysiaMalaysia
$11,113,225,110
2.4%
NetherlandsNetherlands
$9,762,553,110
2.1%
IndonesiaIndonesia
$9,344,891,030
2%
Hong KongHong Kong
$9,082,467,310
2%
FranceFrance
$7,136,962,190
1.6%
ItalyItaly
$6,216,104,960
1.4%
ThailandThailand
$5,097,074,280
1.1%
IndiaIndia
$4,562,084,210
1%
CanadaCanada
$4,312,402,260
0.9%
United KingdomUnited Kingdom
$4,291,117,340
0.9%
SwitzerlandSwitzerland
$4,028,359,350
0.9%
BrazilBrazil
$3,448,445,260
0.8%
PhilippinesPhilippines
$3,097,032,470
0.7%
Total$459,086,217,690

Geographical Sourcing & Origin AnalysisOrigins

This dataset identifies the primary nations supplying South Korea. In 2024 the total import value reached$459,086,217,690.China emerged as the leading supplier, contributing29.3%to the sourcing mix across all 120 origins.

Products South Korea Imports

HS CodeProductValueShare
Visual category for product Monolithic integrated circuits, digital854211Monolithic integrated circuits, digital$60,574,490,100
12.2%
Visual category for product Natural gas, liquefied271111Natural gas, liquefied$29,272,042,860
5.9%
Visual category for product Machines & mechanical appliances nes having ind847989Machines & mechanical appliances nes having ind$16,395,460,210
3.3%
Visual category for product Bituminous coal, not agglomerated270112Bituminous coal, not agglomerated$15,423,360,960
3.1%
Visual category for product Transmission apparatus, for radioteleph incorpo852520Transmission apparatus, for radioteleph incorpo$9,834,703,480
2%
Visual category for product Parts and accessories of automatic data process847330Parts and accessories of automatic data process$8,793,548,560
1.8%
Visual category for product Automobiles nes including gas turbine powered870390Automobiles nes including gas turbine powered$8,045,542,840
1.6%
Visual category for product Non-agglomerated iron ores and concentrates260111Non-agglomerated iron ores and concentrates$7,301,192,500
1.5%
Visual category for product Parts of machines & mechanical appliances nes h847990Parts of machines & mechanical appliances nes h$4,844,044,280
1%
Visual category for product Electric accumulators, nes850780Electric accumulators, nes$4,790,310,950
1%
Visual category for product Other medicaments of mixed or unmixed products,300490Other medicaments of mixed or unmixed products,$4,016,973,640
0.8%
Visual category for product Propane, liquefied271112Propane, liquefied$3,901,054,190
0.8%
Visual category for product Storage units, whether or not presented with th847193Storage units, whether or not presented with th$3,384,382,270
0.7%
Visual category for product Copper cathodes and sections of cathodes unwrou740311Copper cathodes and sections of cathodes unwrou$3,295,740,600
0.7%
Visual category for product Human and animal blood; microbial cultures; tox300290Human and animal blood; microbial cultures; tox$3,113,611,030
0.6%
Visual category for product Parts of electrical apparatus for line telephon851790Parts of electrical apparatus for line telephon$3,079,248,410
0.6%
Visual category for product Automobiles with reciprocating piston engine di870323Automobiles with reciprocating piston engine di$2,991,207,930
0.6%
Visual category for product Ignition wiring sets&oth wiring sets of a kind854430Ignition wiring sets&oth wiring sets of a kind$2,943,408,890
0.6%
Visual category for product Maize (excl. seed)100590Maize (excl. seed)$2,892,292,830
0.6%
Visual category for product Aluminium unwrought, not alloyed760110Aluminium unwrought, not alloyed$2,864,422,610
0.6%
Total$495,044,338,610

Product Category BreakdownImports

Classified by HS Codes, these statistics reveal the industrial components commodities entering South Korea. The most significant import category is Monolithic integrated circuits, digital representing a 12.2% share of the 4172 major product groups tracked in our database.

Countries South Korea Exports To

CountryValueShare
United StatesUnited States
$108,612,994,260
23.9%
ChinaChina
$75,903,133,170
16.7%
Other
$65,601,439,910
14.4%
JapanJapan
$16,854,478,450
3.7%
MexicoMexico
$13,452,689,260
3%
IndiaIndia
$12,925,977,070
2.8%
Hong KongHong Kong
$11,178,070,090
2.5%
GermanyGermany
$10,704,890,450
2.4%
CanadaCanada
$10,005,874,420
2.2%
FranceFrance
$8,740,816,100
1.9%
PolandPoland
$8,159,522,550
1.8%
TurkeyTurkey
$7,397,600,600
1.6%
AustraliaAustralia
$6,575,341,700
1.4%
IndonesiaIndonesia
$6,059,509,160
1.3%
United KingdomUnited Kingdom
$5,894,585,410
1.3%
SingaporeSingapore
$5,541,888,720
1.2%
ThailandThailand
$5,450,903,910
1.2%
Saudi ArabiaSaudi Arabia
$4,976,242,800
1.1%
MalaysiaMalaysia
$4,959,879,620
1.1%
SlovakiaSlovakia
$4,632,890,250
1%
Total$454,415,874,870

Global Destination MarketsTrade Routes

An analysis of South Korea export footprint, which saw a total outbound value of$454,415,874,870 in 2024.United States remains the primary bilateral partner, accounting for23.9% of outbound supply channels.

Products South Korea Exports

HS CodeProductValueShare
Visual category for product Monolithic integrated circuits, digital854211Monolithic integrated circuits, digital$140,415,082,190
21.7%
Visual category for product Automobiles nes including gas turbine powered870390Automobiles nes including gas turbine powered$23,413,338,690
3.6%
Visual category for product Transmission apparatus, for radioteleph incorpo852520Transmission apparatus, for radioteleph incorpo$21,569,790,610
3.3%
Visual category for product Automobiles with reciprocating piston engine di870323Automobiles with reciprocating piston engine di$21,221,458,890
3.3%
Visual category for product Parts and accessories of automatic data process847330Parts and accessories of automatic data process$18,659,357,620
2.9%
Visual category for product Cargo vessels nes and other vessels for the tra890190Cargo vessels nes and other vessels for the tra$17,158,237,160
2.7%
Visual category for product Prepared unrecorded media for sound recording o852390Prepared unrecorded media for sound recording o$11,577,771,190
1.8%
Visual category for product Automobiles with reciprocating piston engine di870322Automobiles with reciprocating piston engine di$10,039,375,740
1.6%
Visual category for product Machines & mechanical appliances nes having ind847989Machines & mechanical appliances nes having ind$9,932,080,510
1.5%
Visual category for product Parts suitable for use solely or princ with the852990Parts suitable for use solely or princ with the$9,648,967,040
1.5%
Visual category for product Automobiles with reciprocating piston engine di870324Automobiles with reciprocating piston engine di$8,827,058,740
1.4%
Visual category for product Beauty, make-up, skin-care (incl. suntan), nes330499Beauty, make-up, skin-care (incl. suntan), nes$7,979,289,640
1.2%
Visual category for product Motor vehicle parts nes870899Motor vehicle parts nes$7,424,867,600
1.1%
Visual category for product Other salts of oxometallic and peroxometallic a284190Other salts of oxometallic and peroxometallic a$6,160,798,280
1%
Visual category for product Human and animal blood; microbial cultures; tox300290Human and animal blood; microbial cultures; tox$5,865,305,890
0.9%
Visual category for product Parts of machines & mechanical appliances nes h847990Parts of machines & mechanical appliances nes h$5,651,148,710
0.9%
Visual category for product Electric accumulators, nes850780Electric accumulators, nes$5,538,664,420
0.9%
Visual category for product p-Xylene290243p-Xylene$5,314,209,400
0.8%
Visual category for product Tankers890120Tankers$5,183,044,250
0.8%
Visual category for product Parts of electrical apparatus for line telephon851790Parts of electrical apparatus for line telephon$3,303,189,550
0.5%
Total$645,992,160,170

Production & Manufacturing OutputExports

Identify South Korea top-performing manufacturing strengths. The dominant export sector is Monolithic integrated circuits, digital which contributes21.7% to the nation's overall output across3988 active export sectors.

South Korea Trade Performance Analysis

Economic Indicators & Market Flow • 2024

ID: KR-2024-STAT

Based on 2024 trade records,South Korea maintains a robust commercial profile within Asia. The nation's trade architecture is heavily influenced by its export strength toUnited States, which represents 23.9% of its outbound market share across 131 destinations.

On the supply side, South Korea's industrial and consumer demand is largely met by imports from China, which accounts for approximately29.3% of its 120 trade origins. The integration of Monolithic integrated circuits, digital into the local economy highlights a strategic dependency on specific global value chains, representing 12.2% of total imports across 4172 commodities.

The primary export for South Korea is Monolithic integrated circuits, digital, which accounts for roughly 21.7% of overall exports across 3988 product categories.

Market Dominance In Imports

29.3%from China

Primary Import

HS-854211

Monolithic integrated circuits, digital

Market Dominance In Exports

23.9%to United States

Primary Export

HS-854211

Monolithic integrated circuits, digital

Bilateral Integration

South Korea integration accounts for $913,502,092,560 annual value.

Access Full South Korea Trade Data

Get verified buyer & supplier lists, contact details, shipment records, and market intelligence for South Korea.

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