Open Government Data Portal

Import and export trade statistics are compiled by continent, based on trade data collected based on import and export declaration customs clearance procedures. The continents are divided into Asia, North America, Europe, Central and South America, the Middle East, Oceania, Africa, and Oceania. Import and export trade statistics, by definition, refer to the exchange of goods between a national economy and other countries. They record all goods that are brought into (imports) or taken out (exports) within a country's economic territory and thereby increase or decrease the country's physical resources. Goods simply passing through a country (transit goods) or temporarily imported or exported do not increase or decrease the country's physical resources and are therefore not included in trade statistics. The trade statistics region, 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 region. Therefore, trade statistics encompass the exchange of goods beyond the customs territory. In Korea, imports are calculated based on CIF value, and exports are calculated based on FOB value. Data for 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).