How dependent is South Korea on Australia?

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%.

• Australia sells 54.2% of what the world exports of iron ore; next come Brazil (20.8%), Canada (4.4%) and South Africa (4.1%). The rest of the world exported 14.2 times what South Korea buys from Australia.
• Australia sells 6.1% of what the world exports of gold; next come Switzerland (19.2%), United Arab Emirates (10.6%) and Hong Kong (6.4%). The rest of the world exported 414.3 times what South Korea buys from Australia.
• Australia sells 7% of what the world exports of slag and ash with metals; next come United States (12.3%), Germany (7.8%) and Canada (6.9%). The rest of the world exported 15.6 times what South Korea buys from Australia.
• Australia sells 42.2% of what the world exports of lamb and goat meat; next come New Zealand (24.4%), United Kingdom (8.7%) and Ireland (4.6%). The rest of the world exported 25.9 times what South Korea buys from Australia.
• Australia sells 50.4% of what the world exports of other minerals; next come Zimbabwe (9.9%), Brazil (4.8%) and United States (3.6%). The rest of the world exported 32 times what South Korea buys from Australia.
• Australia sells 2.2% of what the world exports of rapeseed and mustard oil; next come Canada (36.8%), Germany (10.9%) and Russia (9.8%). The rest of the world exported 148.7 times what South Korea buys from Australia.
• Australia sells 17.8% of what the world exports of bauxite (aluminum ore); next come Guinea (70.6%), Brazil (2.2%) and China (1.9%). The rest of the world exported 380.2 times what South Korea buys from Australia.
• Australia sells 63.4% of what the world exports of raw wool; next come New Zealand (10%), South Africa (9.4%) and Uruguay (2.8%). The rest of the world exported 48.6 times what South Korea buys from Australia.
• Australia sells 20.1% of what the world exports of barley; next come France (15.6%), Russia (10.8%) and Argentina (8.2%). The rest of the world exported 370.2 times what South Korea buys from Australia.
• Australia sells 0.62% of what the world exports of potatoes; next come France (21.6%), Netherlands (15.1%) and Germany (14.2%). The rest of the world exported 418.1 times what South Korea buys from Australia.

Exports from the rest of the world already have buyers; the figure shows scale, not availability.

South Korea is Australia’s 3rd-largest customer, with 8.1% of its exports.

• Trade between South Korea and Australia
• Who does South Korea rely on?
• Who does Australia rely on?
• Dependence of South Korea on China
• Dependence of South Korea on the United States
• Dependence of South Korea on Japan
• Dependence of South Korea on Vietnam
• Dependence of South Korea on Brazil
• Dependence of South Korea on Switzerland
• Dependence of South Korea on Mexico
• Trade profile of South Korea
• Trade profile of Australia
• All countries

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.