Summary
- Share of its imports
- 4%
- Value imported
- $28.7billion
- Rank among its suppliers
- 6th
- Products where it sells over 50%
- 22
- Products where it sells over 75%
- 8
- Dominated value
- $3.7billion
- Share of total imports
- 0.5%
Trend
Trend in shares
South Korea went from 5.2% to 4% of what Japan buys
Share (%)
- South Korea 4%
Source: CEPII BACI
Show the numbers
| Year | Value (USD millions) | Share | Rank |
|---|---|---|---|
| 1995 | 16,985 | 5.2% | 3 |
| 1996 | 15,852 | 4.7% | 3 |
| 1997 | 14,547 | 4.4% | 3 |
| 1998 | 12,532 | 4.5% | 4 |
| 1999 | 16,119 | 5.3% | 3 |
| 2000 | 20,415 | 5.5% | 3 |
| 2001 | 17,002 | 5% | 3 |
| 2002 | 15,346 | 4.7% | 3 |
| 2003 | 17,713 | 4.8% | 3 |
| 2004 | 20,719 | 4.7% | 3 |
| 2005 | 23,862 | 4.8% | 5 |
| 2006 | 27,131 | 4.9% | 6 |
| 2007 | 27,142 | 4.4% | 7 |
| 2008 | 29,059 | 3.9% | 7 |
| 2009 | 21,615 | 4% | 7 |
| 2010 | 28,153 | 4.2% | 7 |
| 2011 | 38,820 | 4.7% | 6 |
| 2012 | 39,551 | 4.7% | 6 |
| 2013 | 34,960 | 4.4% | 7 |
| 2014 | 32,271 | 4.1% | 7 |
| 2015 | 25,583 | 4.3% | 4 |
| 2016 | 23,944 | 4% | 4 |
| 2017 | 26,911 | 4.1% | 5 |
| 2018 | 30,527 | 4.2% | 5 |
| 2019 | 27,872 | 4% | 4 |
| 2020 | 25,118 | 4% | 5 |
| 2021 | 30,309 | 4.1% | 5 |
| 2022 | 31,529 | 3.6% | 7 |
| 2023 | 29,232 | 3.8% | 7 |
| 2024 | 28,734 | 4% | 6 |
Products where South Korea sells more than half
| Product | Supplier | Share | Second | Value |
|---|---|---|---|---|
| Silver | South Korea | 65.2% | Mexico · 23.9% | $945 million |
| Hot-rolled flat steel | South Korea | 62.5% | Taiwan · 25.5% | $820 million |
| Coated flat steel | South Korea | 67.4% | China · 23.6% | $786 million |
| Cold-rolled flat steel | South Korea | 60.6% | Taiwan · 27% | $403 million |
| Semi-finished steel | South Korea | 86.6%over 75% | China · 9.5% | $135 million |
| Coal tar oils | South Korea | 74.3% | Australia · 15.9% | $126 million |
| Alloy steel sheet | South Korea | 62.6% | Taiwan · 16.3% | $125 million |
| Welded steel pipes | South Korea | 50.2% | China · 12.8% | $106 million |
| Uncoated narrow steel strip | South Korea | 77.7%over 75% | Germany · 6.8% | $48 million |
| Alloy steel wire rod | South Korea | 80.5%over 75% | China · 17% | $43 million |
| Nitric and sulfonitric acids | South Korea | 98.8%over 75% | Taiwan · 0.86% | $35 million |
| Mixed alkylbenzenes | South Korea | 64.6% | China · 19.9% | $28 million |
| Steel sheet piling | South Korea | 82.1%over 75% | China · 11.3% | $25 million |
| Asphalt roofing and membranes | South Korea | 87.1%over 75% | United States · 9.6% | $19 million |
| Stainless steel wire rod | South Korea | 61.8% | Taiwan · 19.9% | $18 million |
| Steel bars | South Korea | 66.4% | China · 13.7% | $18 million |
| Hydrogen peroxide | South Korea | 83.5%over 75% | Taiwan · 6.6% | $8 million |
| Copper matte | South Korea | 65.6% | Malaysia · 14.9% | $5 million |
| Beef, mutton and goat tallow | South Korea | 88.3%over 75% | Australia · 10.8% | $4 million |
| Carbon and copy paper | South Korea | 55.6% | China · 30.4% | $3 million |
| Waste of man-made fibers | South Korea | 55.4% | China · 30.3% | $3 million |
| Cadmium, unwrought, waste and powders | South Korea | 54.4% | Canada · 36.9% | $684 thousand |
A product has a dominant supplier when a single country sells more than 50% of what is bought of it; we flag it separately above 75%.
Are there other suppliers in the world?
- South Korea sells 7.4% of what the world exports of silver; next come China (16.7%), Mexico (10.1%) and United Arab Emirates (6.9%). The rest of the world exported 28.4 times what Japan buys from South Korea.
- South Korea sells 9% of what the world exports of hot-rolled flat steel; next come China (28.1%), Germany (4.5%) and Belgium (3.7%). The rest of the world exported 63.4 times what Japan buys from South Korea.
- South Korea sells 10.3% of what the world exports of coated flat steel; next come China (27.6%), Germany (7.2%) and Belgium (4.8%). The rest of the world exported 62.6 times what Japan buys from South Korea.
- South Korea sells 14.8% of what the world exports of cold-rolled flat steel; next come China (18.5%), Belgium (6.6%) and Taiwan (5.5%). The rest of the world exported 30.6 times what Japan buys from South Korea.
- South Korea sells 1.1% of what the world exports of semi-finished steel; next come Russia (19.8%), Brazil (11.9%) and China (10.7%). The rest of the world exported 201.3 times what Japan buys from South Korea.
- South Korea sells 7.2% of what the world exports of coal tar oils; next come United States (10.3%), Netherlands (8.4%) and India (8.4%). The rest of the world exported 223.9 times what Japan buys from South Korea.
- South Korea sells 7.9% of what the world exports of alloy steel sheet; next come China (16.4%), Germany (11%) and United States (7%). The rest of the world exported 194.1 times what Japan buys from South Korea.
- South Korea sells 5.9% of what the world exports of welded steel pipes; next come Italy (14.9%), China (14.6%) and Germany (6.5%). The rest of the world exported 213.4 times what Japan buys from South Korea.
- South Korea sells 3.3% of what the world exports of uncoated narrow steel strip; next come Germany (23.1%), Italy (10.9%) and United States (8.5%). The rest of the world exported 90.7 times what Japan buys from South Korea.
- South Korea sells 6.6% of what the world exports of alloy steel wire rod; next come China (25.9%), Germany (11%) and Canada (6.3%). The rest of the world exported 69.7 times what Japan buys from South Korea.
Exports from the rest of the world already have buyers; the figure shows scale, not availability.
Seen from South Korea
Japan is South Korea’s 7th-largest customer, with 3.8% of its exports.
Links
- Trade between Japan and South Korea
- Who does Japan rely on?
- Who does South Korea rely on?
- Dependence of Japan on China
- Dependence of Japan on Australia
- Dependence of Japan on the United States
- Dependence of Japan on Taiwan
- Dependence of Japan on Indonesia
- Dependence of Japan on South Africa
- Dependence of Japan on Switzerland
- Dependence of Japan on the Philippines
- Dependence of Japan on Brazil
- Dependence of Japan on Malaysia
- Dependence of Japan on Thailand
- Trade profile of Japan
- Trade profile of South Korea
- All countries
Sources and method
Sources and licenses
- CEPII BACI · Licence Ouverte Etalab 2.0
- Natural Earth · Public domain
Methodology
The data come from CEPII BACI (Etalab 2.0 licence), which reconciles what the exporting and the importing country report, in current USD, FOB. Data up to 2024.
Dependence is the share of a country’s imports (or exports) that each partner accounts for. It does not measure whether a product has a substitute or how much it would cost to change supplier.
The concentration index (HHI) adds up the square of each partner’s share, in percent: it runs from 0 to 10,000. Its equivalent is 10,000 ÷ HHI, the number of partners of the same size that would give that value.
Products are HS4 headings of the 1992 nomenclature (some combine different goods), with a floor of $1 million per product and country.
The EU is the 27 current members in every year; the United Kingdom is outside the EU throughout the series.
Re-exports: countries that act as redistribution hubs carry their notice and the figures are not corrected.