Open Government Data Portal

These statistics are compiled by country and product by HS Code (2-digit, 4-digit, 6-digit, and 10-digit). Import and export trade statistics, by definition, refer to the exchange of goods between the national economy and other countries. They record all goods that are brought into (import) or taken out (export) from a country's economic territory and thereby increase or decrease the country's material resources. Goods simply passing through a country (transit goods) or temporarily imported or exported do not increase or decrease the country's material resources and are therefore not included in trade statistics. The trade statistics area, which serves as the basis for compiling these statistics, is determined by geographical, administrative, and national economic perspectives. In most countries, including Korea, the customs territory, which refers to the area to which customs laws apply, is conceptually identical to the trade statistics area. Therefore, trade statistics encompass the exchange of goods beyond the customs territory. In Korea, imports are calculated based on the CIF value, and exports are calculated based on the FOB value. The HS Code is an international commodity classification system that assigns a unique number to every product. Data from the previous month is updated around the 15th of each month to reflect changes, such as corrections or cancellations, in export and import declarations. The cycle is one month. Weight is expressed in net weight (kg), and value is based on imports (dutiable value in US dollars) and exports (declared value in US dollars).