South Korea's foreign trade

Main article: South Korea

Trade between Russia and South Korea

Main article: Trade between Russia and South Korea

2024

6th in terms of imports to the United States

The 10 largest importers in the United States in 2024:

1. Mexico: $476 billion

2. China: $427 billion

3. Canada: $421 billion

4. Germany: $160 billion

5. Japan: $147 billion

6. South Korea: $116 billion

7. Vietnam: $114 billion

8. India: $84 billion

9. Ireland: $82bn

10. Italy: $73 billion

Maintaining record exports to Kyrgyzstan amid sanctions against Russia

Start redirecting major exports from China to the US

2023

Export decline for five months in a row

In February 2023, South Korea's exports contracted for the fifth month in a row, down 7.5% from a year ago to $50.1 billion, while semiconductor exports fell 42.5% to $5.96 billion.

2022

G7 countries are the main export destination

China is the largest export destination

According to data available for August 2023.

Passenger car export growth

The United States allowed South Korea to supply smartphones and cars to the Russian Federation

On March 3, 2022, the Ministry of Trade, Industry and Energy of South Korea stated that the American sanctions restricting exports against Russia do not apply to cars, mobile phones and other consumer electronics. Read more here.

2021

China's third largest trading partner

South Korea is among the largest arms exporters in 5 years with a share of 2.8%

The largest arms exporters by share in the world market from 2017 to 2021.

US export boom

2019

Exporting Computer Devices

The volume of exports of computer devices in countries of the world, 2019

The Impact of the Trump Administration's Trade Restrictions

2018: Export-import balance dynamics with Japan. Schedule

In 1990, more than 20% of Korean exports went to Japan, and in 2018 this figure decreased to 5%. Japan's exports to South Korea were more stable at 6 to 8%.

Notes