South Korea

1.82

Econ Complexity 6th of 184
1980
2015

$537B

Exports 5th of 221
1980
2015

$422B

Imports 9th of 221
1980
2015

$34.6k

GDP Per Capita 34th of 184
1990
2015

South Korea is the 5th largest export economy in the world and the 6th most complex economy according to the Economic Complexity Index (ECI). In 2015, South Korea exported $537B and imported $422B, resulting in a positive trade balance of $115B. In 2015 the GDP of South Korea was $1.38T and its GDP per capita was $34.6k.

The top exports of South Korea are Integrated Circuits ($63.8B), Cars ($41.9B), Refined Petroleum ($29.5B), Passenger and Cargo Ships ($21B) and Vehicle Parts ($20.4B), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Crude Petroleum ($50.6B), Integrated Circuits ($31B), Petroleum Gas ($20.5B), Refined Petroleum ($14.6B) and Cars ($9.8B).

The top export destinations of South Korea are China ($131B), the United States ($72.7B), Vietnam ($26.6B), Hong Kong ($26.3B) and Japan ($25.5B). The top import origins are China ($90.1B), Japan ($44.6B), the United States ($42.7B), Germany ($20.2B) and Saudi Arabia ($17.7B).

South Korea borders North Korea by land and China and Japan by sea.

Economic Complexity of South Korea

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