South Korea

1.74

Econ Complexity 6th of 185
1980
2014

$583B

Exports 5th of 220
1980
2014

$508B

Imports 9th of 220
1980
2014

$33.4k

GDP Per Capita 34th of 185
1990
2014

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 2014, South Korea exported $583B and imported $508B, resulting in a positive trade balance of $75B. In 2014 the GDP of South Korea was $1.41T and its GDP per capita was $33.4k.

The top exports of South Korea are Integrated Circuits ($59.5B), Refined Petroleum ($46.9B), Cars ($44.1B), Passenger and Cargo Ships ($23.7B) and LCDs ($21.4B), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Crude Petroleum ($88.1B), Petroleum Gas ($35.4B), Integrated Circuits ($29.8B), Refined Petroleum ($27.2B) and Coal Briquettes ($10.7B).

The top export destinations of South Korea are China ($142B), the United States ($70.1B), Japan ($32.2B), Hong Kong ($24.5B) and Singapore ($24.3B). The top import origins are China ($88.9B), Japan ($52.5B), the United States ($43.9B), Saudi Arabia ($33.1B) and Qatar ($24.5B).

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

Economic Complexity of South Korea

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