Open Government Data Portal

Import/export trade statistics are compiled based on trade data collected based on customs clearance procedures. By definition, import/export trade statistics refer to the exchange of goods between the 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 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 comprehensively, and the trade statistics area are conceptually identical. Therefore, trade statistics encompass the exchange of goods beyond the customs territory. Korea compiles imports based on CIF (cost-on-arrival) values, while exports are calculated based on FOB (free on board) values. 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 import (dutiable value in US dollars) and export (declared value in US dollars).