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Trade between South Korea and Uzbekistan

In 2024, South Korea exported $1.9 billion to Uzbekistan and imported $20 million. South Korea ran a surplus of $1.9 billion with Uzbekistan, compared with a surplus of $2.5 billion in 2019. Uzbekistan was South Korea’s 57th largest trading partner (0.1% of its trade), and South Korea was Uzbekistan’s 7th (3%).

Summary

South Korea → Uzbekistan
$1.9billion
Uzbekistan → South Korea
$20million
South Korea’s balance
$1.9billion

Balance

South Korea’s trade balance with Uzbekistan

Trade between South Korea and Uzbekistan grew 5-fold since 1995

USD billions (current). South Korea’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 1.9
  • Imports 0
  • Balance +1.9

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$244 million$135 million$109 million
1996$494 million$196 million$298 million
1997$675 million$298 million$377 million
1998$384 million$142 million$241 million
1999$341 million$208 million$133 million
2000$230 million$104 million$126 million
2001$346 million$137 million$209 million
2002$188 million$97 million$92 million
2003$247 million$79 million$168 million
2004$359 million$77 million$282 million
2005$493 million$29 million$464 million
2006$649 million$40 million$609 million
2007$748 million$104 million$644 million
2008$1.1 billion$263 million$860 million
2009$1.1 billion$47 million$1.1 billion
2010$1.4 billion$22 million$1.4 billion
2011$1.7 billion$40 million$1.7 billion
2012$1.8 billion$42 million$1.7 billion
2013$2 billion$53 million$1.9 billion
2014$2 billion$27 million$2 billion
2015$1.3 billion$16 million$1.3 billion
2016$928 million$21 million$907 million
2017$1.2 billion$47 million$1.2 billion
2018$2.1 billion$36 million$2 billion
2019$2.5 billion$20 million$2.5 billion
2020$2.2 billion$30 million$2.2 billion
2021$1.8 billion$31 million$1.8 billion
2022$2.2 billion$32 million$2.2 billion
2023$2.4 billion$99 million$2.3 billion
2024$1.9 billion$20 million$1.9 billion

What they sell each other

What South Korea sells to Uzbekistan

The top 10 headings in 2024, with their share of the total.

  1. Auto parts$451 million · 24%
    52 thousand tonnes · South Korea’s destinations
  2. Cars$297 million · 15.8%
    17 thousand tonnes · South Korea’s destinations
  3. Spark-ignition engines$125 million · 6.7%
    7 thousand tonnes
  4. Engine parts$50 million · 2.7%
    5 thousand tonnes
  5. Books and brochures$45 million · 2.4%
    9 thousand tonnes
  6. Screws, bolts and nuts$36 million · 1.9%
    6 thousand tonnes
  7. Seats and chairs$34 million · 1.8%
    5 thousand tonnes
  8. 385 tonnes
  9. 853 tonnes
  10. Polypropylene$30 million · 1.6%
    21 thousand tonnes · South Korea’s destinations

What Uzbekistan sells to South Korea

The top 10 headings in 2024, with their share of the total.

  1. Refined petroleum$6 million · 28.7%
    2 thousand tonnes · South Korea’s sources
  2. 3 thousand tonnes
  3. 2 thousand tonnes
  4. Raw silk$1 million · 5.4%
    22 tonnes
  5. T-shirts$984 thousand · 4.8%
    49 tonnes
  6. Potash fertilizers$613 thousand · 3%
    1 thousand tonnes
  7. Soft drinks$541 thousand · 2.7%
    933 tonnes
  8. 329 tonnes
  9. 264 tonnes
  10. Pickled vegetables and fruit$189 thousand · 0.93%
    186 tonnes

How it travels

Estimated sea route from Busan to Batumi (Georgia).

The estimated sea route between Busan and Batumi (Georgia) is 15,831 nautical miles (29,319 km) long: ≈ 36.5–47 days at sea (at 18 and 14 knots).

Because of the 2024 disruptions, traffic is split: 85% via the Strait of Malacca and Singapore, the Cape of Good Hope, the Strait of Gibraltar, the Dardanelles and the Bosporus (15,831 nautical miles); and 15% via the Strait of Malacca and Singapore, the Bab-el-Mandeb Strait, the Suez Canal, the Dardanelles and the Bosporus (9,054 nautical miles).

Uzbekistan is landlocked: it ships through Batumi (Georgia).

Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.

Split by transport mode

  1. Sea$1.7 billion · 90%
  2. Air$189 million · 10%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

Uzbekistan was South Korea’s 57th largest trading partner (0.1% of its trade), and South Korea was Uzbekistan’s 7th (3%).

Uzbekistan in South Korea’s trade
0.1%
Uzbekistan’s rank among South Korea’s partners
57th
South Korea in Uzbekistan’s trade
3.2%
South Korea’s rank among Uzbekistan’s partners
7th

Compare with

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.