South Korea Import & Export Data

South Korea was the number 13 economy in the world in terms of GDP, the number 10 in total exports, the number 9 in total imports, the number 34 economy in terms of GDP per capita, and the number 4 most complex economy according to the Economic Complexity Index.

IMPORTS
The top imports of South Korea are Crude Petroleum, Petroleum Gas, Refined Petroleum, Electrical Machinery and Equipment, Inorganic Salts, Molybdenum Ore, Furskin Apparel, and Photo Lab Equipment, imports mostly from China, the United States, Japan, Saudi Arabia, Vietnam, Australia, and Germany.

EXPORTS
The top exports of South Korea are Passenger and Cargo Ships, Integrated Circuits, Electronic Equipment, Cars, Refined Petroleum, Motor vehicles, and Office Machine Parts, exports mostly to China, the United States, Vietnam, Hong Kong, and Japan.

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South Korea Import & Export Data

South Korea import and export data from Tendata iTrader contains important customs data useful for your import and export trade. These import data and export data include: product trading trends, HS codes, customs data, potential importers' or exporters' information, port, competitor companies, etc. In order to ensure the authenticity and integrity of the data, Tendata collects global import and export data from global customs departments, ports, shipping, logistics companies and other business sectors. Tendata has global import and export data from 2005 to the present to help you compare and analyze the latest market trade trends. There are many more detail records such as daily commodity transaction prices, if you want to know more, please contact us and Get a Free Demo.

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Petroleum Transaction Trends in South Korea

With these transaction trends, you can analyze whether there is demand in that country for import or export your products. By inputting the product name into the Tendata Import and Export database, you can view the transaction trends for that import and export product. For example, based on the data from South Korea, the transaction trends for Petroleum are as follows:
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The Top 10 HS Code of Petroleum in South Korea

With these HS codes and customs data, you can analyze whether there is a demand for importing or exporting your products in this country. You can find out the product HS codes of the top 10 import and export subcategories of the product by entering the product broad category description or HS shortcode on the Tendata import and export data platform. For example, according to the data of South Korea, the top 10 HS code of the product for Petroleum is as follows:
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Summarized Importers and Exporters of Petroleum

If you manage a specific product, input the product name on the Tendata import and export database, and you will be able to check the summarized importers and exporters and their detailed information. You can quickly find your potential customers from the aggregated importers and exporters. For example, according to South Korea import data, the summarized Petroleum importers in South Korea are as follows：
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The Company Contact Information in South Korea

For a potential customer, you may feel that how to contact the customer is the most important thing. Tendata provides the customer's contact information directly, allowing you to contact the customer through various channels: manager name, email, Linkedin, Facebook, Twitter, etc. For example, for SAMSUNG TOTAL PETROCHEMICALS CO., LTD. company built in South Korea, we can see their contact information as follows:
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Trading Trends for Petroleum at Company

It is important to do a good company analysis before contacting a potential client directly. This determines your marketing approach and can double your closing rate. Among other things, you need to understand the company's trading trends for your product, which determines which months the company prefers to import and export the product and whether there is a recent desire to import and export the product. For example, the recent trading trends for Petroleum of SAMSUNG TOTAL PETROCHEMICALS CO., LTD. company in the country of South Korea in Tendata global import export database are as follows:
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Competitors of Company in South Korea

You may also want to find out about your competitor companies. Researching competing companies through potential customers or repeat customers is an easy way to do this. By entering a product description or company name into the Tendata Import/Export database, and clicking and viewing new suppliers of competing companies or potential companies, you can get a closer look at competing companies to adjust your marketing strategy. For example, by looking at the Petroleum of the company SK ENERGY CO., LTD. in the country of South Korea, you can see your competitors as follows:
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Petroleum Top 10 Import/Export Countries

If you want to cooperate with a specific merchant, input the name of the merchant on the Tendata import and export database, and you can check the top 10 import and export cooperation countries of the merchant. Based on this import data and export data, you can determine whether your customers are willing to work with merchants in your country. For example, according to the data on Petroleum, South Korea’s Top 10 Origin Countries of SK ENERGY CO., LTD. company are the following data:
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