South Korea

1.80

Econ Complexity 4th of 214
1980
2016

$515B

Exports 5th of 221
1980
2016

$398B

Imports 9th of 221
1980
2016

$36.5k

GDP Per Capita 33rd of 214
1990
2016
Looking for commercial partners in South Korea? List your company on Macro Market.
Looking for commercial partners in South Korea? List your company on Macro Market.

South Korea is the 5th largest export economy in the world. In 2016, South Korea exported $515B and imported $398B, resulting in a positive trade balance of $117B. In 2016 the GDP of South Korea was $1.41T and its GDP per capita was $36.5k.

The top exports of South Korea are Integrated Circuits ($68.3B), Cars ($38.4B), Refined Petroleum ($24.8B), Passenger and Cargo Ships ($23B) and Vehicle Parts ($20.1B), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Crude Petroleum ($40.9B), Integrated Circuits ($29.3B), Petroleum Gas ($14.4B), Refined Petroleum ($10.8B) and Cars ($9.3B).

The top export destinations of South Korea are China ($121B), the United States ($70.1B), Vietnam ($32.6B), Hong Kong ($31.6B) and Japan ($23.8B). The top import origins are China ($87.2B), Japan ($46.4B), the United States ($41.9B), Germany ($19.3B) and Other Asia ($16.2B).

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

Economic Complexity of South Korea

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