South Korea: Trade and Commodities Overview

South Korea is a large importer of crude, LNG, coal and feed grains and an exporter of refined products and steel.

CapitalSeoul
CurrencySouth Korean won (KRW)
LanguagesKorean
RegionAsia-Pacific

Why South Korea matters for trade

  • Large refining and petrochemical industry at Ulsan and Yeosu
  • Steel production at Gwangyang and Pohang
  • Feed grain buying through regular tenders

What South Korea sells and buys

Main exportsMain imports
Refined products, Steel, Petrochemicals, Ships, VehiclesCrude oil, LNG, Coal, Iron ore, Corn, Wheat

Main ports and routes

Busan, Ulsan, Gwangyang, Incheon, Yeosu.

Coming in the full guide

We are expanding this overview into a full country guide with trade values and product groups, opportunities, company setup, government procedures, ministries and official websites, how to find partners, business culture and recent trade updates.

TradeScout24 Insights · Country overview; figures will be added from DEİK, business council and national sources · Last reviewed 31 Oct 2026

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