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Who buys South Korea’s jet engines and gas turbines? Export destinations 2024

In 2024, South Korea exported $1.8 billion of jet engines and gas turbines (3 thousand tonnes), 0.8% of the world total. Its main destinations were the United States (36%), Hong Kong (16%) and the United Kingdom (9%). South Korea was the world’s 17th-largest exporter of jet engines and gas turbines.

Summary

Value
$1.8billion
Tonnes
3thousand tonnes
Share of world total
0.8%
World rank
17th
Routes to the main destinations. Width: value; color: estimated transport mode.SeaAirLand

Destinations

The 20 main destinations in the latest year.

PartnerValue (USD millions)TonnesUSD per tonneShareMode
United States646Tonnes: 1,015USD per tonne: $636,32436.5%Air
Hong Kong re-exports282Tonnes: 162USD per tonne: $1,746,48416%Air
United Kingdom167Tonnes: 97USD per tonne: $1,718,2249.4%Air
China94.1Tonnes: 194USD per tonne: $484,5195.3%Air
Germany93.4Tonnes: 82USD per tonne: $1,136,8935.3%Air
Singapore re-exports92.9Tonnes: 348USD per tonne: $266,6565.2%Air
Vietnam78.5Tonnes: 97USD per tonne: $808,2624.4%Air
Netherlands re-exports63Tonnes: 40USD per tonne: $1,585,2493.6%Air
Japan44.9Tonnes: 210USD per tonne: $214,1752.5%Air
Poland34.6Tonnes: 388USD per tonne: $89,1682%Air
Taiwan30.4Tonnes: 28USD per tonne: $1,075,0621.7%Air
Ireland24Tonnes: 8USD per tonne: $2,953,5781.4%Air
France17.6Tonnes: 45USD per tonne: $394,6260.99%Air
Canada15.9Tonnes: 1USD per tonne: $12,895,0160.9%Air
Philippines12.6Tonnes: 6USD per tonne: $2,078,2770.71%Air
Belgium re-exports11.3Tonnes: 6USD per tonne: $1,972,7830.64%Air
Brazil8.4Tonnes: 5USD per tonne: $1,555,2920.47%Air
Slovakia7.8Tonnes: 377USD per tonne: $20,6900.44%Sea
Thailand7.8Tonnes: 1USD per tonne: $14,613,9830.44%Air
Kazakhstan7.4Tonnes: 6USD per tonne: $1,284,0130.42%Air

Trend

Who it sells to

The United States has been its main destination since 2017

Value in USD millions. The five largest destinations in 2024.

  • United States 646
  • Hong Kong 282
  • United Kingdom 167
  • China 94.1
  • Germany 93.4

Source: CEPII BACI

Show the numbers
Partner19952024
United States212646
Hong Kong0.03282
United Kingdom18.5167
China0.5294.1
Germany74.193.4

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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