Summary
- Share of its imports
- 11.5%
- Value imported
- $71.4billion
- Rank among its suppliers
- 2nd
- Products where it sells over 50%
- 46
- Products where it sells over 75%
- 10
- Dominated value
- $9.5billion
- Share of total imports
- 1.5%
Trend
Trend in shares
The United States went from 22.6% to 11.5% of what South Korea buys
Share (%)
- United States 11.5%
Source: CEPII BACI
Show the numbers
| Year | Value (USD millions) | Share | Rank |
|---|---|---|---|
| 1995 | 30,117 | 22.6% | 2 |
| 1996 | 32,229 | 21.6% | 1 |
| 1997 | 29,771 | 20.6% | 1 |
| 1998 | 20,811 | 22.5% | 1 |
| 1999 | 24,635 | 20.7% | 1 |
| 2000 | 28,894 | 18.1% | 2 |
| 2001 | 23,578 | 16.6% | 2 |
| 2002 | 22,890 | 15.1% | 2 |
| 2003 | 24,268 | 13.8% | 2 |
| 2004 | 28,339 | 12.9% | 3 |
| 2005 | 29,968 | 11.7% | 3 |
| 2006 | 33,296 | 10.9% | 3 |
| 2007 | 36,371 | 10.2% | 3 |
| 2008 | 37,549 | 8.8% | 3 |
| 2009 | 28,677 | 8.9% | 3 |
| 2010 | 39,793 | 9.5% | 3 |
| 2011 | 44,464 | 8.8% | 3 |
| 2012 | 42,808 | 8.5% | 3 |
| 2013 | 40,561 | 8% | 3 |
| 2014 | 44,546 | 8.5% | 3 |
| 2015 | 43,086 | 9.9% | 3 |
| 2016 | 41,376 | 10.1% | 3 |
| 2017 | 49,873 | 10.3% | 3 |
| 2018 | 58,021 | 10.9% | 2 |
| 2019 | 61,020 | 12.1% | 2 |
| 2020 | 56,809 | 12.2% | 2 |
| 2021 | 72,161 | 11.9% | 2 |
| 2022 | 77,168 | 10.9% | 2 |
| 2023 | 68,177 | 10.9% | 2 |
| 2024 | 71,403 | 11.5% | 2 |
Products where the United States sells more than half
| Product | Supplier | Share | Second | Value |
|---|---|---|---|---|
| Turbojets and gas turbines | United States | 50.4% | India · 15.7% | $1.8 billion |
| Airplanes and helicopters | United States | 50.8% | France · 36.4% | $1.6 billion |
| Frozen beef | United States | 51.7% | Australia · 39.7% | $1.2 billion |
| Fresh beef | United States | 71.8% | Australia · 27.9% | $908 million |
| Aircraft parts | United States | 76.6%over 75% | France · 6.6% | $803 million |
| Soybeans | United States | 55% | Brazil · 34% | $381 million |
| Starch, sugar and brewing residues | United States | 62% | China · 31.5% | $373 million |
| Forage (alfalfa and hay) | United States | 73.6% | Australia · 18.3% | $276 million |
| Other nuts (almonds, walnuts) | United States | 87.1%over 75% | Australia · 4.9% | $261 million |
| Citrus fruit | United States | 79.5%over 75% | Australia · 8.3% | $247 million |
| Rice | United States | 51.4% | China · 37.6% | $210 million |
| Navigation instruments | United States | 58.9% | France · 14.1% | $202 million |
| Frozen vegetables | United States | 53.8% | Belgium · 16.3% | $134 million |
| Waste paper | United States | 58.5% | Japan · 26.6% | $115 million |
| Cellulose derivatives | United States | 51.6% | China · 15.7% | $103 million |
| Stone fruit (cherries, peaches, plums) | United States | 71.1% | Chile · 26.4% | $94 million |
| Glands, heparin and organ extracts | United States | 69.8% | China · 12.5% | $73 million |
| Artificial filament yarn (viscose) | United States | 59.7% | China · 17.6% | $60 million |
| Bombs, missiles and ammunition | United States | 64.5% | Germany · 17.1% | $57 million |
| Artificial filament tow (acetate) | United States | 50.8% | Japan · 38% | $53 million |
| Other nickel articles | United States | 55.3% | Japan · 9.8% | $49 million |
| Petroleum coke and bitumen | United States | 59% | Canada · 29.2% | $48 million |
| Albumins (whey protein) | United States | 59.3% | Denmark · 15.3% | $47 million |
| Zirconium | United States | 87.7%over 75% | France · 7.3% | $43 million |
| Sausages | United States | 87.9%over 75% | New Zealand · 4% | $38 million |
| Kaolin | United States | 62.9% | China · 27.6% | $32 million |
| Compounded rubber | United States | 63.9% | China · 14.5% | $29 million |
| Boron oxides and boric acid | United States | 79.7%over 75% | Turkey · 9.1% | $26 million |
| Stamps and banknotes | United States | 81.9%over 75% | Malta · 4.9% | $21 million |
| Chlorates and perchlorates | United States | 63.6% | France · 22.1% | $21 million |
and 16 more
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?
- The United States sells 30.3% of what the world exports of turbojets and gas turbines; next come United Kingdom (14.5%), France (10%) and Hong Kong (5.3%). The rest of the world exported 80.3 times what South Korea buys from the United States.
- The United States sells 25.2% of what the world exports of airplanes and helicopters; next come France (24.9%), Germany (15.2%) and Canada (6.6%). The rest of the world exported 72.4 times what South Korea buys from the United States.
- The United States sells 12.6% of what the world exports of frozen beef; next come Brazil (27.5%), Australia (15.5%) and India (9.8%). The rest of the world exported 25.5 times what South Korea buys from the United States.
- The United States sells 13.2% of what the world exports of fresh beef; next come Australia (10.9%), Canada (8.3%) and Netherlands (8.3%). The rest of the world exported 31.3 times what South Korea buys from the United States.
- The United States sells 30.1% of what the world exports of aircraft parts; next come United Kingdom (11.8%), France (10.8%) and Germany (10.3%). The rest of the world exported 79.5 times what South Korea buys from the United States.
- The United States sells 28.9% of what the world exports of soybeans; next come Brazil (55.4%), Paraguay (4.1%) and Canada (3%). The rest of the world exported 149.5 times what South Korea buys from the United States.
- The United States sells 54.8% of what the world exports of starch, sugar and brewing residues; next come China (8.6%), Russia (4%) and Germany (3.2%). The rest of the world exported 7.8 times what South Korea buys from the United States.
- The United States sells 49.7% of what the world exports of forage (alfalfa and hay); next come Australia (13.4%), Canada (7.5%) and Spain (7%). The rest of the world exported 5.3 times what South Korea buys from the United States.
- The United States sells 46.2% of what the world exports of other nuts (almonds, walnuts); next come Turkey (10%), China (5.7%) and Australia (4.4%). The rest of the world exported 41.1 times what South Korea buys from the United States.
- The United States sells 4.7% of what the world exports of citrus fruit; next come Spain (21.7%), South Africa (13.7%) and China (8.6%). The rest of the world exported 66.6 times what South Korea buys from the United States.
Exports from the rest of the world already have buyers; the figure shows scale, not availability.
Seen from the United States
South Korea is the United States’ 6th-largest customer, with 3.8% of its exports.
Links
- Trade between South Korea and the United States
- Who does South Korea rely on?
- Who does the United States rely on?
- Dependence of South Korea on China
- Dependence of South Korea on Australia
- 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 the United States
- 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.