Ores and metals exports (% of merchandise exports) — all countries

Ores and metals exports (% of merchandise exports) — South Korea

Ores and metals exports (% of merchandise exports) in South Korea in 2024 — 2.4%. Ranked 79 in the world out of 130. Since 1962, the indicator has fallen by 22.01 pp.

2024 2.4% −0.29 pp vs 2023
World rank 79of 130
Period maximum 24.41%1962
Period minimum 0.66%1986

Trend over time

1962–2024 · % of merchandise exports

Ores and metals exports (% of merchandise exports) — South Korea, 1962–2024010203019621969197619831990199720042011201820241962: 24.41%1964: 17.32%1966: 11.3%1968: 7.37%1970: 5.67%1972: 2.37%1974: 1.66%1976: 1.08%1978: 0.96%1980: 1.13%1982: 0.97%1984: 0.74%1986: 0.66%1988: 0.86%1990: 0.83%1992: 0.83%1994: 0.96%1996: 0.9%1998: 1.67%2000: 1.24%2002: 1.34%2004: 1.66%2006: 2.48%2008: 2.21%2010: 2.07%2012: 2.11%2014: 2.01%2016: 2.07%2018: 2.17%2020: 2.61%2022: 2.97%2024: 2.4%
Change over the period: −22.01 pp Annual average: -0.35 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: South Korea

South Korea 2.4%
World 4.02%
Eastern Asia computed 1.91%
High-income countries computed 4.09%
Ores and metals exports (% of merchandise exports) — South Korea, by year South Korea All countries CSV XLSX
Year % Change, pp
2024 2.4 −0.29 pp
2023 2.69 −0.28 pp
2022 2.97 −0.18 pp
2021 3.15 +0.54 pp
2020 2.61 +0.35 pp
2019 2.26 +0.1 pp
2018 2.17 +0.12 pp
2017 2.05 −0.02 pp
2016 2.07 +0.05 pp
2015 2.02 +0.01 pp
2014 2.01 +0.03 pp
2013 1.98 −0.13 pp
2012 2.11 −0.16 pp
2011 2.27 +0.21 pp
2010 2.07 +0.16 pp
2009 1.91 −0.3 pp
2008 2.21 −0.26 pp
2007 2.47 −0 pp
2006 2.48 +0.78 pp
2005 1.69 +0.04 pp
2004 1.66 +0.2 pp
2003 1.46 +0.12 pp
2002 1.34 +0.08 pp
2001 1.26 +0.02 pp
2000 1.24 −0.12 pp
1999 1.36 −0.31 pp
1998 1.67 +0.31 pp
1997 1.35 +0.45 pp
1996 0.9 −0.11 pp
1995 1.01 +0.06 pp
1994 0.96 +0.19 pp
1993 0.76 −0.07 pp
1992 0.83 +0.12 pp
1991 0.71 −0.13 pp
1990 0.83 −0.23 pp
1989 1.06 +0.2 pp
1988 0.86 +0.13 pp
1987 0.74 +0.08 pp
1986 0.66 −0.02 pp
1985 0.68 −0.05 pp
1984 0.74 −0.31 pp
1983 1.05 +0.08 pp
1982 0.97 +0.02 pp
1981 0.95 −0.18 pp
1980 1.13 +0.18 pp
1979 0.95 −0.01 pp
1978 0.96 −0.15 pp
1977 1.11 +0.03 pp
1976 1.08 −0.22 pp
1975 1.3 −0.36 pp
1974 1.66 +0.12 pp
1973 1.54 −0.83 pp
1972 2.37 −1.09 pp
1971 3.46 −2.21 pp
1970 5.67 −0.6 pp
1969 6.26 −1.11 pp
1968 7.37 −1.72 pp
1967 9.09 −2.21 pp
1966 11.3 −2.98 pp
1965 14.29 −3.03 pp
1964 17.32 +1.39 pp
1963 15.93 −8.48 pp
1962 24.41

Eastern Asia, 2024

The same indicator for neighboring countries — with links to their pages

About the indicator

The share of ores, concentrates, non-ferrous and ferrous metals in merchandise exports. This is the second measure of commodity dependence after fuel, and the difference between them is meaningful: fuel is burned while metal stays in circulation, so a metallurgical specialization is more robust than an oil one to the shift to renewable energy — and demand for copper, lithium and nickel is exactly what that shift raises.

Important: Ores and metals together, with no split between raw material and processing: a country exporting concentrate and a country exporting rolled steel look the same by this indicator.

Source: UNCTADstat (UNCTAD), license CC BY 3.0 IGO.