Africa's Development Dynamics (AfDD) Table 28 - International trade in Korea
Korea: Africa's Development Dynamics (AfDD) Table 28 - International trade was 78.81 Percentage of merchandise value in 2020. ▼ Falling
Africa's Development Dynamics (AfDD) Table 28 - International trade in Korea, 2000–2020
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of merchandise value.
Analysis
Korea recorded 78.81 Percentage of merchandise value for africa's development dynamics (afdd) table 28 - international trade in 2020.
The figure is down 1.1% on the previous year and up 2.2% over ten years.
Over the whole period, africa's development dynamics (afdd) table 28 - international trade in Korea peaked at 90.35 Percentage of merchandise value in 2006 and was at its lowest, 75.84 Percentage of merchandise value, in 2018.
That places Korea 21st out of 28 groups with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently falling across the 21 years of available data.
Africa's Development Dynamics (AfDD) Table 28 - International trade in Korea, year by year
| Year | Percentage of merchandise value | Change |
|---|---|---|
| 2000 | 89.36 Percentage of merchandise value | — |
| 2001 | 85.85 Percentage of merchandise value | -3.9% |
| 2002 | 86.18 Percentage of merchandise value | +0.4% |
| 2003 | 84.18 Percentage of merchandise value | -2.3% |
| 2004 | 79.63 Percentage of merchandise value | -5.4% |
| 2005 | 86.83 Percentage of merchandise value | +9.0% |
| 2006 | 90.35 Percentage of merchandise value | +4.1% |
| 2007 | 82.56 Percentage of merchandise value | -8.6% |
| 2008 | 84.29 Percentage of merchandise value | +2.1% |
| 2009 | 79.39 Percentage of merchandise value | -5.8% |
| 2010 | 77.14 Percentage of merchandise value | -2.8% |
| 2011 | 78.47 Percentage of merchandise value | +1.7% |
| 2012 | 79.91 Percentage of merchandise value | +1.8% |
| 2013 | 82.02 Percentage of merchandise value | +2.6% |
| 2014 | 80.48 Percentage of merchandise value | -1.9% |
| 2015 | 79.92 Percentage of merchandise value | -0.7% |
| 2016 | 77.59 Percentage of merchandise value | -2.9% |
| 2017 | 76.97 Percentage of merchandise value | -0.8% |
| 2018 | 75.84 Percentage of merchandise value | -1.5% |
| 2019 | 79.67 Percentage of merchandise value | +5.1% |
| 2020 | 78.81 Percentage of merchandise value | -1.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 84.86 Percentage of merchandise value | 79.39 Percentage of merchandise value | 90.35 Percentage of merchandise value | 10 |
| 2010s | 78.8 Percentage of merchandise value | 75.84 Percentage of merchandise value | 82.02 Percentage of merchandise value | 10 |
| 2020s | 78.81 Percentage of merchandise value | 78.81 Percentage of merchandise value | 78.81 Percentage of merchandise value | 1 |
Countries ranked near Korea
- 18 Palau 190.93 Percentage of merchandise value compare
- 19 Naoero 190.44 Percentage of merchandise value compare
- 20 Benin 189.19 Percentage of merchandise value compare
- 21 Tuvalu 183.01 Percentage of merchandise value compare
- 22 Cameroon 182.36 Percentage of merchandise value compare
- 22 Croatia 69.53 Percentage of merchandise value compare
- 23 Egypt 181.61 Percentage of merchandise value compare
- 23 Eswatini 67.04 Percentage of merchandise value compare
- 24 Congo 178.34 Percentage of merchandise value compare
More economy & growth data for Korea
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.03 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.2 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 16 - Public finances 24.21 Percentage of GDP (2029)
- Index of digital trade integration and openness 0.2301 Index (2024)
- Index of digital trade integration and openness (INDIGO) — A. 0.0475 Index (2024)
- Index of digital trade integration and openness (INDIGO) — B. Openess 0.0121 Index (2024)
- Index of digital trade integration and openness (INDIGO) — C. Trust 0.064 Index (2024)
- Index of digital trade integration and openness (INDIGO) — D. 0.0485 Index (2024)
- Index of digital trade integration and openness (INDIGO) — E. Wider 0.058 Index (2024)
- Corporate income tax (CIT) - statutory and targeted small business 27.5 Percentage of taxable income (2026)
Frequently asked questions
- What is africa's development dynamics (afdd) table 28 - international trade in Korea?
- Africa's development dynamics (afdd) table 28 - international trade in Korea was 78.81 Percentage of merchandise value in 2020, according to Organisation for Economic Co-operation and Development.
- What is the highest africa's development dynamics (afdd) table 28 - international trade recorded in Korea?
- The highest recorded value was 90.35 Percentage of merchandise value in 2006.
- What is the lowest africa's development dynamics (afdd) table 28 - international trade recorded in Korea?
- The lowest recorded value was 75.84 Percentage of merchandise value in 2018.
- How does Korea rank for africa's development dynamics (afdd) table 28 - international trade?
- Korea ranks 21st out of 28 groups with data for 2020.
- Is africa's development dynamics (afdd) table 28 - international trade rising or falling in Korea?
- Over the last ten years it is up 2.2%. The long-run trend across the full record is falling.
- Where does this Korea data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Africa's Development Dynamics (AfDD) Table 28 - International trade costs — Average cost of trade within continent, manufactured goods. Statizoid updates them automatically from the source API.
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About this data
The Statistical Annex to the annual Africa's Development Dynamics (AFDD) report is a collection of development indicators that were gathered and analysed while conducting the research that went into the report. These data are also available online for free viewing or download at https://oe.cd/AFDD-2024, a bilingual website which links to the electronic version of the Africa's Development Dynamics book in both English and French. Table 28 shows the average cost of importing and exporting goods calculated as a percentage of the value of goods traded, broken down by the origin and destination of the trade, whether it is with bordering countries, with countries in the same region, or the same continent.