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March 2006 |
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| Korea,
Republic of |
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| |
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| BASIC
INDICATORS |
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|
| Population
(thousands, 2004) |
|
48 142 |
|
Rank in world trade,
2004 |
Exports |
Imports |
|
|
| GDP (million
current US$, 2004) |
|
679 674 |
|
Merchandise |
|
|
12 |
13 |
|
|
| GDP (million
current PPP US$, 2004) |
|
980 694 |
|
Commercial services |
|
17 |
12 |
|
|
| Current
account balance (million US$, 2004) |
27
613 |
|
Merchandise excluding intra-EU trade |
7 |
7 |
|
|
| Trade per
capita (US$, 2002-2004) |
|
9 687 |
|
Commercial serv. excl. intra-EU trade |
9 |
6 |
|
|
| Trade to GDP
ratio (2002-2004) |
|
75.9 |
|
|
|
|
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|
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|
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|
|
|
|
Annual percentage change |
|
|
|
|
|
|
|
2004
|
|
1995-2004 |
2003 |
2004 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Real GDP (1995=100) |
|
148 |
|
4 |
3 |
5 |
|
|
| Exports of
goods and services (volume, 1995=100)
a |
268 |
|
13 |
16 |
... |
|
|
| Imports of
goods and services (volume, 1995=100)
a |
172 |
|
7 |
10 |
... |
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| |
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| TRADE POLICY |
|
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|
| WTO accession
date |
1 January 1995 |
|
Contribution to WTO budget (%, 2006) |
2.455 |
|
|
| Trade Policy
Review date |
15, 17 September 2004 |
|
Import duties collected (%,
1999-2001): |
|
|
|
|
|
|
|
|
|
|
in total tax revenue |
|
|
6.2 |
|
|
| Tariff binding
coverage (%, 2009) |
|
94.5 |
|
to total merchandise imports |
|
3.2 |
|
|
| MFN
tariffs |
|
|
Final bound |
Applied 2004 |
|
|
|
|
|
|
|
|
|
| Simple average
of ad-valorem duties |
|
|
|
Number of: |
|
|
|
|
|
|
| All goods |
|
|
|
15.9
|
11.2 |
|
GATS services sectors with commitments |
98 |
|
|
| Agricultural
goods (AOA) |
52.9
|
41.6 |
|
Dispute rulings (complainant - defendant) |
8 - 8 |
|
|
| Non-agricultural
goods |
10.1
|
6.7 |
|
Notifications outstanding (CRN) |
|
22 |
|
|
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|
|
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|
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|
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|
|
| Non ad-valorem duties (% of total tariff
lines) |
0.7 |
0.6 |
|
Number of contingency measures in force: |
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|
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|
|
Anti-dumping (30 June 2005) |
32 |
|
|
| MFN duty free
imports |
|
|
|
|
Countervailing duties (30 June 2005) |
0 |
|
|
| Share in total
imports, 2004 |
28.3 |
|
Safeguards (3 November 2005) |
0 |
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| |
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| MERCHANDISE TRADE |
|
|
Value |
|
Annual percentage change |
|
|
|
|
|
|
|
2004
|
|
1995-2004 |
2003 |
2004 |
|
| Merchandise exports, f.o.b. (million US$) |
253
845 |
|
8 |
19 |
31 |
| Merchandise imports, c.i.f. (million US$) |
224
463 |
|
6 |
18 |
26 |
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|
2004
|
|
|
|
|
|
2004 |
|
| Share in world total
exports |
2.76 |
|
Share in
world total imports |
2.35 |
|
|
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|
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|
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| Breakdown in
economy's total exports |
|
|
Breakdown in economy's total imports |
|
|
|
| By main commodity group (ITS) |
|
|
By main
commodity group (ITS) |
|
|
|
| Agricultural
products |
|
|
2.0 |
|
Agricultural products |
|
|
7.1 |
|
|
| Fuels and
mining products |
|
5.8 |
|
Fuels and mining products |
|
29.1 |
|
|
| Manufactures |
|
|
|
91.0 |
|
Manufactures |
|
|
|
62.0 |
|
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| By main destination |
|
|
By main
origin |
|
|
|
| 1. China |
|
|
|
|
19.6 |
|
1. Japan |
|
|
|
20.6 |
|
|
| 2. United
States |
|
|
16.9 |
|
2. China |
|
|
|
13.2 |
|
|
| 3. European
Union (25) |
|
|
14.9 |
|
3. United States |
|
|
12.9 |
|
|
| 4. Japan |
|
|
|
|
8.5 |
|
4. European Union (25) |
|
|
10.8 |
|
|
| 5. Hong Kong,
China |
|
|
7.1 |
|
5. Saudi Arabia |
|
|
5.3 |
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| |
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|
| COMMERCIAL SERVICES TRADE |
|
Value |
|
Annual percentage change |
|
|
|
|
|
|
|
2004
|
|
1995-2004 |
|
2003 |
2004 |
|
| Commercial services exports (million US$) |
40
047 |
|
7 |
16 |
26 |
| Commercial services imports (million US$) |
49
642 |
|
8 |
11 |
24 |
|
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|
2004
|
|
|
|
|
|
2004 |
|
| Share in world total exports |
1.84
|
|
Share in world total imports |
2.33 |
|
|
|
|
|
|
|
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|
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|
|
| Breakdown in
economy's total exports |
|
|
Breakdown in economy's total imports |
|
|
|
| By principal services item |
|
|
By
principal services item |
|
|
|
|
| Transportation |
|
56.0
|
|
Transportation |
|
36.1 |
|
|
| Travel |
|
14.3
|
|
Travel |
|
24.1 |
|
|
| Other
commercial services |
|
29.7
|
|
Other commercial services |
|
39.8 |
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| |
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| INDUSTRIAL PROPERTY |
|
|
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|
|
Total |
Residents |
Non-residents |
|
|
|
|
Total |
Residents |
Non-residents |
|
|
| Patents
granted, 2002 |
45
298 |
30
175 |
15
123 |
|
Marks registered, 2002 |
40
588 |
32 678 |
7 910 |
|
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| |
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|
| a Refers to 2003 values and to the average
annual percentage change for 1995-2003. |
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