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The economy of South Korea is a highly developed mixed economy. [19] [20] [21] By nominal GDP, the economy was worth ₩2.61 quadrillion (US$1.87 trillion).It has the 4th largest economy in Asia and the 12th largest in the world as of 2025. [3]
This is a list of countries by net goods exports, also known as balance of trade, which is the difference between the monetary value of a nation's exports and imports over a certain time period. [1] The list includes sovereign states and self-governing dependent territories based upon the ISO standard ISO 3166-1 .
The following is a list of the exports of South Korea. Data is for 2012, in millions of United States dollars, as reported by The Observatory of Economic Complexity. Currently the top twenty exports are listed. #
World map by current account balance (% of GDP), 2023, according to World Bank [1]. This is the list of countries by current account balance, expressed in current U.S. dollars and as percentage of GDP, based on the data published by World Bank, United Nations Conference on Trade and Development and Organisation for Economic Co-operation and Development.
Trade and investment ties between the Gulf state and South Korea have been steadily advancing; in the first half of 2023, bilateral non-oil trade reached $3 billion, similar to the same period ...
World map by trade as a share of GDP [1]. This is a list of countries by trade-to-GDP ratio, i.e. the sum of exports and imports of goods and services, divided by gross domestic product, expressed as a percentage, based on the data published by World Bank.
In the 1990s domestic consumption of luxury goods increased including high tech and electronics products which reduced exports which resulted in Korea's trade deficit and current account deficit. [3] In the mid-1990s Korea reduced tariff rates and import restriction on autos, high tech products and financial services.
see European Union–South Korea Free Trade Agreement; enforced provisionally from 2011 and fully from 2015; [2] EU's first trade agreement with environmental and labour components [3] 7 Peru 16 March 2009 21 March 2011 1 August 2011 see South Korea–Peru Free Trade Agreement: 8 United States 5 June 2006 30 June 2007 15 March 2012