South Korea exports: March 2025
Monthly report, generated from Korea Customs Service statistics
In March 2025, South Korea exported $58.05 billion of goods, up 11.1% from February 2025 and up 2.8% from March 2024.
The three largest destinations were the United States ($11.11 billion, 19.1%), China ($10.05 billion, 17.3%), Vietnam ($5.03 billion, 8.7%).
Compared with March 2024, the largest increases in export value by destination were Taiwan (+$1.83 billion), Malta (+$461.6 million), the Philippines (+$374.1 million).
The largest decreases by destination were Hong Kong (-$1.02 billion), Australia (-$687.2 million), China (-$459.8 million).
Within the top 10 destinations, the Philippines moved from 16th to 9th, Malaysia moved from 13th to 10th, Taiwan moved from 6th to 4th compared with March 2024.
Top destinations
| Rank | Country | Exports | Share | vs February 2025 | vs March 2024 | Rank a year earlier |
|---|---|---|---|---|---|---|
| 1 | United States | $11.11B | 19.1% | +12.4% | +2.1% | 1 |
| 2 | China | $10.05B | 17.3% | +5.9% | -4.4% | 2 |
| 3 | Vietnam | $5.03B | 8.7% | +6.2% | +4.1% | 3 |
| 4 | Taiwan | $3.82B | 6.6% | +38.8% | +92.1% | 6 |
| 5 | Hong Kong | $2.68B | 4.6% | +42.0% | -27.5% | 4 |
| 6 | Japan | $2.16B | 3.7% | -4.7% | +1.5% | 5 |
| 7 | Singapore | $1.89B | 3.3% | +16.2% | -2.9% | 7 |
| 8 | India | $1.50B | 2.6% | -5.9% | -0.6% | 9 |
| 9 | Philippines | $1.05B | 1.8% | +44.4% | +55.2% | 16 |
| 10 | Malaysia | $979.9M | 1.7% | -5.2% | +21.7% | 13 |
| 11 | Mexico | $941.9M | 1.6% | -1.9% | -20.2% | 10 |
| 12 | Australia | $902.0M | 1.6% | -9.1% | -43.2% | 8 |
| 13 | Canada | $895.3M | 1.5% | +9.6% | +3.0% | 12 |
| 14 | Germany | $894.6M | 1.5% | +26.0% | +12.3% | 14 |
| 15 | Poland | $877.9M | 1.5% | +21.1% | +58.0% | 18 |
Largest changes by destination
Change in export value compared with March 2024, ranked by dollar amount.
| Country | March 2025 | March 2024 | Change | % |
|---|---|---|---|---|
| Taiwan | $3.82B | $1.99B | +$1.83B | +92.1% |
| Malta | $543.5M | $81.9M | +$461.6M | +563.3% |
| Philippines | $1.05B | $677.3M | +$374.1M | +55.2% |
| Poland | $877.9M | $555.6M | +$322.4M | +58.0% |
| United States | $11.11B | $10.88B | +$230.1M | +2.1% |
Chapters
The 20 largest of 96 HS chapters by export value this month.
Compared with March 2024, the largest increases in export value by chapter were Electrical machinery and electronics (HS 85) (+$1.46 billion), Ships and boats (HS 89) (+$1.06 billion), Machinery, boilers and computers (HS 84) (+$402.3 million).
The largest decreases by chapter were Mineral fuels, oils and their products (HS 27) (-$1.41 billion), Iron and steel (HS 72) (-$306.4 million), Organic chemicals (HS 29) (-$278.6 million).
Imports in March 2025 were $53.33 billion (up 2.4% from March 2024), leaving a surplus of $4.72 billion for the month.
Largest changes by 4-digit heading
Change in export value compared with March 2024, ranked by dollar amount.
| Heading | March 2025 | March 2024 | Change | % |
|---|---|---|---|---|
| Cargo ships, tankers and passenger ships | $2.77B | $1.73B | +$1.04B | +60.3% |
| Electronic integrated circuits (semiconductor chips) | $10.46B | $9.58B | +$872.9M | +9.1% |
| Parts and accessories for computers and office machines | $2.17B | $1.73B | +$442.4M | +25.6% |
| Solid-state storage devices, discs and other recording media | $1.06B | $757.5M | +$302.4M | +39.9% |
| Other vessels, including warships and lifeboats other than rowing boats | $246.0M | $0 | +$246.0M | – |
| Tanks and other armoured fighting vehicles | $214.4M | $21.2M | +$193.1M | +910.6% |
| Machines for making semiconductors and flat panel displays | $810.1M | $638.8M | +$171.3M | +26.8% |
| Parts for display modules, televisions and broadcasting equipment | $698.8M | $550.0M | +$148.8M | +27.1% |
| Heading | March 2025 | March 2024 | Change | % |
|---|---|---|---|---|
| Refined petroleum oils | $3.24B | $4.58B | -$1.35B | -29.4% |
| Dredgers, floating cranes, drilling platforms and floating docks | $0 | $226.0M | -$226.0M | -100.0% |
| Cyclic hydrocarbons | $645.2M | $795.7M | -$150.6M | -18.9% |
| Flat-rolled iron or non-alloy steel, coated or plated | $464.8M | $604.2M | -$139.4M | -23.1% |
| Salts of oxometallic or peroxometallic acids | $462.8M | $576.9M | -$114.1M | -19.8% |
| Flat-rolled iron or non-alloy steel, hot-rolled | $453.3M | $549.4M | -$96.1M | -17.5% |
| Jewellery of precious metal | $24.9M | $107.6M | -$82.7M | -76.9% |
| Refrigerators, freezers and heat pumps | $187.4M | $263.1M | -$75.7M | -28.8% |
Exports FOB, imports CIF, US dollars. Percentages are left blank when the earlier month was under $10,000. Figures are as downloaded on 2026-11-13; the source can revise them later. Source: Korea Customs Service, via data.go.kr.