Korea Trade Data

South Korea exports: July 2026

Monthly report, generated from Korea Customs Service statistics

Exports
$99.18B
-2.7% vs June 2026
vs July 2025
+63.4%
export value
Imports
$68.53B
Balance
$30.66B
exports minus imports
Destinations
223
countries with exports

In July 2026, South Korea exported $99.18 billion of goods, down 2.7% from June 2026 and up 63.4% from July 2025.

The three largest destinations were China ($21.69 billion, 21.9%), the United States ($17.50 billion, 17.6%), Vietnam ($9.87 billion, 10.0%).

Compared with July 2025, the largest increases in export value by destination were China (+$10.65 billion), the United States (+$7.17 billion), Vietnam (+$4.33 billion).

The largest decreases by destination were Liberia (-$365.9 million), Kazakhstan (-$117.4 million), Kyrgyzstan (-$103.8 million).

Within the top 10 destinations, the Netherlands moved from 13th to 6th, Singapore moved from 7th to 10th, Hong Kong moved from 6th to 4th compared with July 2025.

Top destinations

RankCountryExportsSharevs June 2026vs July 2025Rank a year earlier
1China$21.69B21.9% +8.5%+96.5%1
2United States$17.50B17.6% -12.6%+69.4%2
3Vietnam$9.87B10.0% +14.5%+78.2%3
4Hong Kong$6.66B6.7% -26.8%+183.5%6
5Taiwan$5.69B5.7% -31.6%+22.3%4
6Netherlands$3.15B3.2% +125.6%+224.9%13
7Japan$2.75B2.8% -1.6%+10.8%5
8India$2.58B2.6% +22.8%+45.2%8
9Malaysia$2.58B2.6% +4.8%+145.5%11
10Singapore$2.49B2.5% -20.3%+38.7%7
11Australia$1.91B1.9% -7.3%+58.8%9
12Philippines$1.90B1.9% -4.3%+81.0%12
13Mexico$1.33B1.3% -15.4%+23.4%10
14Canada$1.05B1.1% -10.0%+30.8%15
15Thailand$1.03B1.0% -2.2%+49.0%19

Largest changes by destination

Change in export value compared with July 2025, ranked by dollar amount.

Largest increases
CountryJuly 2026July 2025Change%
China$21.69B$11.04B +$10.65B+96.5%
United States$17.50B$10.33B +$7.17B+69.4%
Vietnam$9.87B$5.54B +$4.33B+78.2%
Hong Kong$6.66B$2.35B +$4.31B+183.5%
Netherlands$3.15B$968.4M +$2.18B+224.9%
Largest decreases
CountryJuly 2026July 2025Change%
Liberia$421.1M$786.9M -$365.9M-46.5%
Kazakhstan$157.2M$274.6M -$117.4M-42.8%
Kyrgyzstan$214.3M$318.1M -$103.8M-32.6%
Slovakia$210.3M$306.7M -$96.4M-31.4%
Hungary$262.1M$351.9M -$89.8M-25.5%

Chapters

The 20 largest of 96 HS chapters by export value this month.

Compared with July 2025, the largest increases in export value by chapter were Electrical machinery and electronics (HS 85) (+$25.34 billion), Machinery, boilers and computers (HS 84) (+$6.15 billion), Mineral fuels, oils and their products (HS 27) (+$1.86 billion).

The largest decreases by chapter were Oil seeds, grains, seeds and medicinal plants (HS 12) (-$31.6 million), Zinc and articles thereof (HS 79) (-$24.0 million), Works of art and antiques (HS 97) (-$21.1 million).

Imports in July 2026 were $68.53 billion (up 26.5% from July 2025), leaving a surplus of $30.66 billion for the month.

CodeProductExportsSharevs June 2026vs July 2025
85Electrical machinery and electronics$45.33B45.7% -2.0%+126.8%
84Machinery, boilers and computers$13.64B13.7% -16.6%+82.2%
87Vehicles, parts and accessories$8.31B8.4% -4.9%+7.9%
27Mineral fuels, oils and their products$6.26B6.3% +13.2%+42.1%
39Plastics and articles thereof$3.41B3.4% +3.6%+11.4%
89Ships and boats$3.07B3.1% +15.1%+48.6%
72Iron and steel$2.10B2.1% +6.3%+1.0%
29Organic chemicals$1.86B1.9% +10.4%+14.4%
90Optical, measuring and medical instruments$1.65B1.7% +1.7%+12.4%
33Essential oils, perfumery and cosmetics$1.30B1.3% +1.0%+36.7%
71Pearls, precious stones and precious metals$1.23B1.2% -21.6%+89.2%
28Inorganic chemicals$1.08B1.1% +8.5%+38.3%
73Articles of iron or steel$934.6M0.9% +15.9%+21.2%
30Pharmaceutical products$850.2M0.9% -26.6%+45.5%
74Copper and articles thereof$801.3M0.8% -7.6%+22.0%
40Rubber and articles thereof$753.5M0.8% +0.9%+12.8%
38Miscellaneous chemical products$745.4M0.8% +3.9%+14.5%
76Aluminium and articles thereof$638.5M0.6% -5.0%+34.8%
93Arms and ammunition$325.6M0.3% +42.2%+43.6%
88Aircraft and spacecraft$308.0M0.3% +11.5%+50.2%

Largest changes by 4-digit heading

Change in export value compared with July 2025, ranked by dollar amount.

Largest increases
HeadingJuly 2026July 2025Change%
Electronic integrated circuits (semiconductor chips)$32.72B$12.29B +$20.44B+166.3%
Parts and accessories for computers and office machines$7.74B$1.95B +$5.79B+296.3%
Solid-state storage devices, discs and other recording media$4.59B$828.1M +$3.76B+454.4%
Refined petroleum oils$6.03B$4.14B +$1.88B+45.5%
Cargo ships, tankers and passenger ships$3.05B$2.05B +$993.3M+48.4%
Telephones, smartphones and network equipment$1.17B$527.2M +$647.7M+122.9%
Passenger cars$5.93B$5.49B +$441.2M+8.0%
Gold$572.7M$215.0M +$357.7M+166.4%
Largest decreases
HeadingJuly 2026July 2025Change%
Bombs, missiles, ammunition and parts$126.9M$212.3M -$85.4M-40.2%
Flat-rolled iron or non-alloy steel, hot-rolled$440.0M$521.3M -$81.3M-15.6%
Spark-ignition reciprocating or rotary internal combustion piston engines$127.4M$194.7M -$67.3M-34.6%
Flat-rolled iron or non-alloy steel, coated or plated$493.1M$559.4M -$66.4M-11.9%
Machines and mechanical appliances with individual functions$457.5M$522.1M -$64.7M-12.4%
Motor vehicles for the transport of goods$243.6M$286.3M -$42.7M-14.9%
Gas turbines and turbo-jets$114.9M$152.9M -$38.1M-24.9%
Coal tar distillation oils (benzene, toluene, xylene)$113.2M$150.8M -$37.6M-25.0%

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.

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