Click any date in the line plot, or any product, destination or origin country to explore the exports or imports behavior of South Korea over time.This section shows the differences between South Korea's total subnational aggregate trade throughout time.In 2018 South Korea exported a total of $617B, making it the number 5 exporter in the world. Now other countries are hoping to benefit from Korea…

Main exports were electrical machinery and equipment (28 percent of total exports), nuclear reactors, boilers, machinery and mechanical (13 percent), road vehicles (12 percent), mineral fuels, mineral oils, bituminous substances (8 percent), plastics and articles thereof (6 percent), iron and steel (4 percent), optical, photographic, cinematographic, measuring (4 percent), organic chemicals (4 percent), and ships and boats (3 percent). This section shows exports and imports data at subnational level for South Korea. Among major trade partners, exports declined to the EU (-11.1 percent), but rose to the US (7.7 percent), the first increase since the outbreak, and China (2.5 percent).Exports from South Korea tumbled 10.9 percent from a year earlier to USD 39.2 billion in June 2020, compared with market consensus of a 7.8 percent fall. China was the largest destination of South Korea's shipments (25 percent of total exports), followed by the US (14 percent), Vietnam (9 percent), Hong Kong (6 percent), Japan (5 percent), Taiwan and India (3 percent each), and Singapore, Mexico, Malaysia, Germany and the Philippines (2 percent each). South Korea's mass testing helped keep its outbreak under control. The top services exported by South Korea in 2018 were Transportation ($27.7B), Other business services ($21.7B), Travel ($15.3B), Construction services ($12.7B), and Royalties and license fees ($7.75B).The top services imported by South Korea in 2018 were Other business services ($32.9B), Transportation ($32.1B), Travel ($32B), Royalties and license fees ($9.88B), and Construction services ($3.27B).This section shows forecasts for total product exports and imports for South Korea. Sales were sharply down for automobiles (-54.1 percent) and auto parts (-66.7 percent), general machinery (-27.8 percent), petrochemicals (-34.3 percent), petroleum products (-69.9 percent), steel (-34.8 percent), display (-29.7 percent), textiles (-43.5 percent), wireless communication devices (-22.2 percent) and home appliances (-37.0 percent). On the other hand, shipments of semiconductors, the nation's top export, climbed 5.6 percent, while those of computers and ships surged 77.1 percent and 18.0 percent, respectively. Meanwhile, sales of semiconductors, ships, computers and bio-health products jumped. In contrast, sales of health products jumped 29%, amid soaring demand for test kits for COVID-19. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower emissions. The Trading Economics Application Programming Interface (API) provides direct access to our data. The country's exports tumbled 10.3 percent to USD 542.4 billion in 2019 after reaching a record high in the previous year, due to the US-China trade dispute, Japan's restrictions on exports, Brexit, and Hong Kong protests. South Korea has highly positive net exports in the international trade of electronic integrated circuits and microassemblies as well as phone system devices including cellular and landline phones.

The COVID-19 crisis sent South Korean exports plunging last month at their sharpest pace since the global financial crisis, signaling a bleak outlook for international trade as the pandemic paralyzes the world economy and shatters demand.

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