South Korea exports to Australia

호주 · latest month: October 2026

Exports, October 2026

$2.39B

-12.2% vs previous month

vs same month a year earlier

+88.9%

export value

Exports, last 12 months

$22.87B

+61.9% vs 12 months before

Rank among destinations

of 239, last 12 months

Imports, last 12 months

$35.87B

balance -$13.00B

In October 2026, South Korea exported $2.39 billion of goods to Australia, down 12.2% from September 2026 and up 88.9% from October 2025.

Over the 12 months to October 2026, exports of goods to Australia totalled $22.87 billion, up 61.9% from the 12 months before ($14.13 billion).

Australia ranked 11th of 239 destinations for Korean goods over the 12 months to October 2026, down from 9th in the 12 months before.

The largest chapter was mineral fuels, oils and their products (HS 27), with $13.84 billion or 60.5% of exports to Australia.

Imports from Australia in October 2026 were $3.47 billion (up 7.1% from October 2025), leaving a deficit of $1.07 billion for the month.

Last 24 months

Monthly exportsExport value in US dollars (FOB).

Monthly importsImport value in US dollars (CIF).

What South Korea exports to Australia: chapters

Export value by HS chapter over the 12 months to October 2026; the largest 25 of 94.

Code	Product	Exports, 12 months	Share	vs 12 months before	October 2026
27	Mineral fuels, oils and their products	$13.84B	60.5%	+89.4%	$1.76B
87	Vehicles, parts and accessories	$3.67B	16.1%	+8.4%	$304.3M
89	Ships and boats	$983.6M	4.3%	+487.7%	$18K
71	Pearls, precious stones and precious metals	$808.0M	3.5%	+962.3%	$4.4M
85	Electrical machinery and electronics	$520.0M	2.3%	+15.0%	$38.4M
84	Machinery, boilers and computers	$408.6M	1.8%	+5.3%	$35.7M
72	Iron and steel	$352.3M	1.5%	+12.9%	$30.4M
39	Plastics and articles thereof	$322.8M	1.4%	+12.8%	$29.4M
33	Essential oils, perfumery and cosmetics	$245.8M	1.1%	+67.3%	$28.4M
76	Aluminium and articles thereof	$226.1M	1.0%	+23.5%	$13.0M
28	Inorganic chemicals	$143.3M	0.6%	-19.7%	$9.4M
30	Pharmaceutical products	$111.0M	0.5%	+124.9%	$22.3M
90	Optical, measuring and medical instruments	$98.5M	0.4%	+21.1%	$8.1M
74	Copper and articles thereof	$98.4M	0.4%	+34.4%	$12.2M
19	Preparations of cereals, flour or milk, and bakery products	$96.4M	0.4%	+5.5%	$9.1M
38	Miscellaneous chemical products	$93.1M	0.4%	+7.4%	$6.2M
48	Paper and paperboard	$85.5M	0.4%	+1.3%	$7.0M
40	Rubber and articles thereof	$70.6M	0.3%	-22.4%	$5.5M
73	Articles of iron or steel	$69.9M	0.3%	0.0%	$7.0M
29	Organic chemicals	$49.5M	0.2%	+22.2%	$3.1M
93	Arms and ammunition	$40.6M	0.2%	+232.2%	$391K
20	Preparations of vegetables, fruit or nuts	$40.1M	0.2%	+5.2%	$4.8M
21	Miscellaneous edible preparations	$39.1M	0.2%	-19.6%	$4.0M
31	Fertilisers	$38.9M	0.2%	-29.4%	$102K
79	Zinc and articles thereof	$34.5M	0.2%	+84.5%	$2.6M

Largest 4-digit headings

The 30 largest of 900 headings exported to Australia in the same 12 months.

Code	Product	Exports, 12 months	Share	vs 12 months before	October 2026
2710	Refined petroleum oils	$13.69B	59.9%	+90.0%	$1.75B
8703	Passenger cars	$3.37B	14.7%	+15.6%	$282.3M
8905	Dredgers, floating cranes, drilling platforms and floating docks	$747.7M	3.3%	–	$0
7106	Silver	$557.1M	2.4%	+679.1%	$1.1M
7108	Gold	$240.4M	1.1%	–	$0
8901	Cargo ships, tankers and passenger ships	$235.8M	1.0%	+40.9%	$0
3304	Beauty, make-up and skin care preparations	$210.3M	0.9%	+60.8%	$25.0M
7606	Aluminium plates, sheets and strip	$206.4M	0.9%	+23.8%	$10.9M
8704	Motor vehicles for the transport of goods	$181.7M	0.8%	-49.8%	$10.6M
8507	Rechargeable batteries (electric accumulators)	$179.1M	0.8%	+5.6%	$12.3M
7210	Flat-rolled iron or non-alloy steel, coated or plated	$118.2M	0.5%	-5.2%	$8.9M
2815	Caustic soda and caustic potash	$114.0M	0.5%	-20.1%	$7.7M
7213	Hot-rolled bars and rods of iron or non-alloy steel, in coils	$105.3M	0.5%	+80.4%	$8.0M
3002	Blood products, vaccines and immunological products	$98.5M	0.4%	+153.1%	$20.8M
2713	Petroleum coke, bitumen and other petroleum residues	$72.7M	0.3%	+16.1%	$12.5M
8708	Parts and accessories of motor vehicles	$69.7M	0.3%	-2.4%	$5.3M
8544	Insulated wire and cable	$64.6M	0.3%	+24.7%	$7.2M
8429	Bulldozers, excavators and other earth-moving machinery	$64.0M	0.3%	+44.6%	$6.0M
2707	Coal tar distillation oils (benzene, toluene, xylene)	$62.4M	0.3%	+144.7%	$3.9M
3901	Polymers of ethylene, in primary forms	$60.5M	0.3%	+14.2%	$3.7M
1902	Pasta and noodles (including instant noodles)	$58.0M	0.3%	+8.0%	$5.3M
4810	Paper and paperboard coated with kaolin or other inorganic substances	$57.1M	0.2%	+2.2%	$4.6M
3902	Polymers of propylene, in primary forms	$53.9M	0.2%	+31.1%	$5.8M
3918	Plastic floor, wall and ceiling coverings	$51.6M	0.2%	+4.8%	$5.6M
4011	New pneumatic tyres, of rubber	$48.6M	0.2%	-21.3%	$3.7M
9018	Medical, surgical and dental instruments	$46.8M	0.2%	+27.7%	$3.3M
8431	Parts for cranes, excavators and other heavy machinery	$45.2M	0.2%	+11.5%	$5.7M
8525	Broadcasting transmitters, television cameras and digital cameras	$43.7M	0.2%	+18.3%	$3.9M
8504	Electrical transformers, static converters and inductors	$40.5M	0.2%	+379.0%	$189K
9305	Parts and accessories of weapons	$39.5M	0.2%	+1,204%	$391K

A chapter is linked when exports to Australia reached $1,000,000 over 24 months, a heading when they reached $5,000,000. "Share" is the share of all exports to Australia.

Featured industry: cosmetics exports to Australia, by 6-digit product.

Monthly figures

Month	Exports	vs year earlier	Export weight	Export $/kg	Imports	Import weight
October 2026	$2.39B	+88.9%	1,477,149 t	$1.62	$3.47B	10,313,279 t
September 2026	$2.73B	+102.8%	1,782,961 t	$1.53	$3.13B	10,235,816 t
August 2026	$1.88B	+25.5%	1,324,938 t	$1.42	$2.92B	9,565,422 t
July 2026	$1.91B	+58.8%	1,440,113 t	$1.33	$3.26B	11,681,281 t
June 2026	$2.06B	+70.9%	1,431,100 t	$1.44	$2.98B	10,514,116 t
May 2026	$2.09B	+83.7%	1,183,393 t	$1.76	$3.02B	8,380,203 t
April 2026	$2.21B	+68.2%	1,080,047 t	$2.04	$2.64B	9,095,075 t
March 2026	$2.83B	+213.4%	1,183,107 t	$2.39	$2.62B	8,892,012 t
February 2026	$1.14B	+15.3%	926,388 t	$1.23	$2.44B	8,341,666 t
January 2026	$1.23B	+35.6%	1,104,699 t	$1.12	$3.42B	10,038,654 t
December 2025	$1.40B	+21.4%	1,382,567 t	$1.01	$2.97B	10,362,447 t
November 2025	$1.00B	-16.7%	710,329 t	$1.41	$3.00B	8,668,502 t
October 2025	$1.27B	+17.9%	1,331,987 t	$0.95	$3.24B	10,748,241 t
September 2025	$1.34B	-4.1%	1,193,414 t	$1.13	$2.77B	9,076,196 t
August 2025	$1.50B	+21.3%	1,506,382 t	$1.00	$2.40B	8,970,008 t
July 2025	$1.20B	-12.5%	1,029,008 t	$1.17	$2.57B	9,598,502 t
June 2025	$1.21B	+3.1%	1,143,490 t	$1.05	$2.10B	7,917,101 t
May 2025	$1.14B	-9.4%	1,111,413 t	$1.02	$2.47B	7,916,540 t
April 2025	$1.31B	-8.2%	1,300,605 t	$1.01	$2.77B	10,301,507 t
March 2025	$902.0M	-43.2%	735,311 t	$1.23	$2.55B	8,473,591 t
February 2025	$991.8M	-21.2%	818,279 t	$1.21	$2.34B	7,363,263 t
January 2025	$909.3M	-37.5%	738,597 t	$1.23	$2.91B	8,574,182 t
December 2024	$1.15B	-19.6%	971,036 t	$1.19	$2.29B	9,203,280 t
November 2024	$1.20B	-13.3%	1,165,858 t	$1.03	$2.39B	8,505,921 t

Exports FOB, imports CIF, US dollars. Weight is net weight. "vs year earlier" compares export value with the same month one year before and is left blank when that month was under $10,000. Source: Korea Customs Service, via data.go.kr.