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22-01-2025
As of January 2024, South Korea’s exports have continued to be a key driver of its economy, supported by a diverse range of industries, especially in technology, automotive, and petrochemicals. The HS (Harmonized System) code is used internationally for trade classification. Tendata will unlock the South Korea export data and top 10 exporters in South Korea in 2024 for major HS Code.
Top 5 Exports from South Korea in 2024
According to Tendata's South Korea export data, below are the top 5 exports of South Korea in 2024, categorized by their HS codes:
· HS Code 8542 ( $27 billion USD): Integrated Circuits
South Korea is a global leader in semiconductor production, especially memory chips and microprocessors, which are critical components in various electronic devices.
· HS Code 2710 ( $10 billion USD): Petroleum Oils and Oils Obtained from Bituminous Minerals
South Korea is one of the world's largest refiners, exporting a variety of refined petroleum products such as gasoline, diesel, and jet fuel.
· HS Code 8708 ( $4.8 billion USD): Automobile Parts and Accessories
South Korea exports a large number of automotive parts, including engines, transmissions, and various components for both domestic and international car manufacturers.
· HS Code 8703 ( $2.5 billion USD): Motor Vehicles
This category includes passenger cars and commercial vehicles, with major manufacturers like Hyundai and Kia playing a significant role in the global automotive market.
· HS Code 8504, 8507 ( $1.3 billion USD): Electrical Machinery and Equipment
This category includes a wide range of products such as transformers, electric motors, and generators, which are crucial for industrial and consumer applications.
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According to the 4-digit HS code, the top 10 Exporters in South Korea for HS code 8542 are:
1.SAMSUNG ELECTRONICS CO LTD (61.33%, $ 12,384 Million)
2.HANYANG DIGITECH CO LTD (13.91%, $ 2,808 Million)
3.SAMSUNG ELECTRONICS SINGAPORE PTE LTD (7.5%, $ 1, 513Million)
4.MORRIHAN INTERNATIONAL CORP (4.28%, $ 863 Million)
5.APPLE OPERATIONS LTD (3.86%, $ 780 Million)
6.COMPAL ELECTRONICS INC (1.93%, $ 389 Million)
7.LUXSHARE PRECISION LIMITED (1.91%, $ 384 Million)
8.SAMSUNG ELECTRONICS AMERICA INC (1.90%, $ 383 Million)
9.HON HAI PRECISION INDUSTRY CO LTD (1.78%, $ 358 Million)
10.SK HYNIX INC (1.61%, $ 325 Million)
According to the 4-digit HS code, the top 10 Exporters in South Korea for HS code 2710 are:
1.S OIL CORPORATION (25.17%)
2.GS CALTEX CORPORATION (21.03%)
3.PETROLIMEX SINGAPORE PTE LTD (11.65%)
4.UNIOIL ENERGY PTE LTD (8.31%)
5.TRAFIGURA PTE LTD (7.62%)
6.KAIROS OIL TRADING PTE LTD (6.11%)
7.VITOL ASIA PTE LTD (6.01%)
8.SK ENERGY CO LTD (4.90%)
9.SHELL INTERNATIONAL EASTERN (4.72%)
10.SOLEUM ENERGY PTE LTD (4.48%)
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According to the 4-digit HS code, the top 10 Exporters in South Korea for HS code 8708 are:
1.HYUNDAI MOTOR COMPANY (34.25%)
2.HYUNDAI GLOVIS CO LTD (21.97%)
3.HYUNDAI MOBIS (14.01%)
4.KIA CORPORATION (10.99%)
5.GM KOREA COMPANY (4.63%)
6.HYUNDAI TRANSYS INC (3.43%)
7.HYUNDAI GLOVIS CO.,LTD. (3.13%)
8.SAMSONG INDUSTRIES LIMITED (2.60%)
9.CTR CO LTD (2.51%)
10.DN AUTOMOTIVE (2.43%)
According to the 4-digit HS code, the top 10 Exporters in South Korea for HS code 8703 are:
1.HYUNDAI MOTOR COMPANY (28.05%)
2.KIA CORPORATION (23.08%)
3.KIA (11.49%)
4.KG MOBILITY CORPORATION (11.43%)
5.HYUNDAI MOTOR COMPANY 12 HEOLLEUNG RO SEOCHO GU (7.16%)
6.KİA MOTORS EUROPE GMBH (4.55%)
7.HYUNDAI MOTOR (3.01%)
8.HYUNDAI GLOVIS CO LTD (2.84%)
9.RENAULT S A S (2.59%)
Tendata iTrader provides detailed information about these companies. This information includes:
1. Specific details about the company, including basic information (company name, official website, location, company identification code, etc.), business information, shareholder information, financial information, trademark information, company relationships, and supply chain details.
2. Company contacts, including executive names, positions, corporate email addresses, SNS contact information, etc.
3. Import and export analysis: You can obtain different analytical insights based on time periods, company products, company HS codes, etc. You can see the trade quantity during a specific time period, specific suppliers, recent export dates, export trade trends, HS code analysis, supplier analysis, target market analysis, port of shipment, destination port, and more.
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