Korea - Transport services exports

Transport services (% of commercial service exports)

The value for Transport services (% of commercial service exports) in Korea was 37.80 as of 2021. As the graph below shows, over the past 45 years this indicator reached a maximum value of 51.51 in 2004 and a minimum value of 17.55 in 1978.

Definition: Transport services (% of commercial service exports) covers all transport services (sea, air, land, internal waterway, space, and pipeline) performed by residents of one economy for those of another and involving the carriage of passengers, movement of goods (freight), rental of carriers with crew, and related support and auxiliary services. Excluded are freight insurance, which is included in insurance services; goods procured in ports by nonresident carriers and repairs of transport equipment, which are included in goods; repairs of railway facilities, harbors, and airfield facilities, which are included in construction services; and rental of carriers without crew, which is included in other services.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

See also:

Year Value
1976 26.16
1977 21.29
1978 17.55
1979 25.86
1980 32.03
1981 33.88
1982 33.74
1983 35.56
1984 33.88
1985 33.10
1986 33.30
1987 31.06
1988 32.67
1989 34.31
1990 32.00
1991 36.57
1992 38.96
1993 40.73
1994 42.85
1995 39.64
1996 36.89
1997 40.73
1998 38.67
1999 41.97
2000 43.23
2001 44.47
2002 44.47
2003 49.87
2004 51.51
2005 48.70
2006 46.59
2007 47.89
2008 49.75
2009 40.18
2010 47.58
2011 41.38
2012 40.67
2013 36.81
2014 34.43
2015 35.40
2016 29.21
2017 27.94
2018 27.18
2019 26.28
2020 26.94
2021 37.80

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Exports