According to South Korea's customs statistics, the import and export value of South Korea goods amounted to 533.27 billion US dollars, with a decrease of 1.1% year on year. Among them, the export value amounted to 276.65 billion US dollars, with an increase of 0.6%, while the import value amounted to 256.62 billion US dollars, with a decrease of 2.8%. Trade surplus was 20.02 billion US dollars, with an increase of 84.1%.
In June, the import and export value of South Korea goods amounted to 87.43 billion US dollars, with a decrease of 1.9%. Among them, the export value amounted to 46.71 billion US dollars, with a decrease of 1.0%, while the import value amounted to 40.72 billion US dollars, with a decrease of 3.0%. Trade surplus was 5.99 billion US dollars, with an increase of 16.0%.
From Jan. to June, the import and export value of South Korea and China bilateral goods amounted to 110.52 billion US dollars, with an increase of 6.4%. Among them, South Korea exported 69.54 billion US dollars to China, with an increase of 9.8%, accounting for 25.1% of total exports, with an increase of 2.1 percentage points. South Korea imported 40.98 billion US dollars from China, with an increase of 1.2%, accounting for 16.0% of total imports, with an increase of 0.7 percentage points. Trade surplus of South Korea and China was 28.56 billion US dollars, with an increase of 25%.
Until June, China is South Korea's largest trading partner.
From Jan. to June in 2013 South Korea's Major Export Commodity Composition (Class)
Amount unit: million US dollars
|
Customs Classification |
HS Code |
Merchandise Category |
From Jan. to June 2013 |
Same Period of 2012 |
Year on Year |
Percentage |
|
Class |
Chapter |
List |
276,647 |
274,976 |
0.6% |
100.0% |
|
Class 16 |
84-85 |
Machinery & Electronic |
93,916 |
85,761 |
9.5% |
34.0% |
|
Class 17 |
86-89 |
Transport Equipment |
55,481 |
61,992 |
-10.5% |
20.1% |
|
Class 5 |
25-27 |
Mineral Products |
27,535 |
28,181 |
-2.3% |
10.0% |
|
Class 15 |
72-83 |
Base Metal & Products |
23,168 |
24,994 |
-7.3% |
8.4% |
|
Class 7 |
39-40 |
Plastics & Rubbers |
19,849 |
18,835 |
5.4% |
7.2% |
|
Class 6 |
28-38 |
Chemical Products |
19,208 |
17,812 |
7.8% |
6.9% |
|
Class 18 |
90-92 |
Instrument & Apparatus |
18,096 |
17,789 |
1.7% |
6.5% |
|
Class 11 |
50-63 |
Textiles & Textile Articles |
7,832 |
7,663 |
2.2% |
2.8% |
|
Class 14 |
71 |
Precious Stone & Jewelry |
2,139 |
3,275 |
-34.7% |
0.8% |
|
Class 4 |
16-24 |
Foodstuffs, Beverages & Tobacco |
2,019 |
1,973 |
2.3% |
0.7% |
|
Class 10 |
47-49 |
Pulp of Wood & Paper |
1,770 |
1,725 |
2.6% |
0.6% |
|
Class 20 |
94-96 |
Furniture, Toy & Miscellaneous Articles |
1,749 |
1,535 |
13.9% |
0.6% |
|
Class 13 |
68-70 |
Stone & Glass |
1,017 |
783 |
29.9% |
0.4% |
|
Class 1 |
01-05 |
Live Animals |
939 |
999 |
-6.1% |
0.3% |
|
Class 8 |
41-43 |
Skins & Leather, Bags |
882 |
592 |
48.9% |
0.3% |
|
|
|
Others |
1,050 |
1,068 |
-1.7% |
0.4% |
From Jan. to June in 2013 South Korea's Major Import Commodity Composition (Class)
Amount unit: million US dollars
|
Customs Classification |
HS Code |
Merchandise Category |
From Jan. to June 2013 |
Same Period of 2012 |
Year on Year |
Percentage |
|
Class |
Chapter |
List |
256,624 |
264,102 |
-2.8% |
100.0% |
|
Class 5 |
25-27 |
Mineral Products |
100,111 |
105,658 |
-5.3% |
39.0% |
|
Class 16 |
84-85 |
Machinery & Electronic |
57,894 |
57,002 |
1.6% |
22.6% |
|
Class 1 |
72-83 |
Base Metal & Products |
23,214 |
25,725 |
-9.8% |
9.1% |
|
Class 6 |
28-38 |
Chemical Products |
19,682 |
19,791 |
-0.6% |
7.7% |
|
Class 18 |
90-92 |
Instrument & Apparatus |
8,725 |
9,613 |
-9.2% |
3.4% |
|
Class 17 |
86-89 |
Transport Equipment |
7,565 |
7,579 |
-0.2% |
3.0% |
|
Class 7 |
39-40 |
Plastics & Rubbers |
6,957 |
7,133 |
-2.5% |
2.7% |
|
Class 11 |
50-63 |
Textiles & Textile Articles |
5,802 |
5,535 |
4.8% |
2.3% |
|
Class 2 |
06-14 |
Vegetable Products |
5,230 |
4,788 |
9.2% |
2.0% |
|
Class 4 |
16-24 |
Foodstuffs, Beverages & Tobacco |
4,207 |
3,848 |
9.3% |
1.6% |
|
Class 1 |
01-05 |
Live Animals |
3,427 |
3,644 |
-6.0% |
1.3% |
|
Class 13 |
68-70 |
Stone & Glass |
2,972 |
3,110 |
-4.4% |
1.2% |
|
Class 14 |
71 |
Precious Stone & Jewelry |
1,993 |
2,016 |
-1.2% |
0.8% |
|
Class 20 |
94-96 |
Furniture, Toy & Miscellaneous Articles |
1,993 |
1,907 |
4.5% |
0.8% |
|
Class 10 |
47-49 |
Pulp of Wood & Paper |
1,914 |
1,854 |
3.2% |
0.8% |
|
|
|
Others |
4,938 |
4,899 |
0.8% |
1.9% |
(Source: Country Report)
