Korea · Trade partner
Korea’s trade with Australia
Over the twelve months to June 2026, Korea ran a trade deficit with Australia.Australia is Korea’s 9th-largest export market and its 6th-largest source of imports.
| Balance direction | Korea buys more than it sells (deficit) |
|---|---|
| Share of Korea’s exports | 2.2% |
| Share of Korea’s imports | 5% |
| Rank as an export market | 9th of 243 |
| Rank as an import source | 6th of 243 |
| Rank by total trade | 7th of 243 |
What this says
Australia matters more to Korea as a supplier than as a customer: it provides a larger share of what Korea buys than it takes of what Korea sells.A trade deficit is not, by itself, good or bad — a deficit with a partner is simply what buying or selling more from that partner looks like.
Why there are shares here, not dollar totals
We report Australia’s share of Korea’s trade and its rank, not a dollar figure. The underlying Korea Customs dataset has a scale break from March 2026 that makes the absolute monthly dollar totals unreliable after that month. Within-month shares are stable across that break, so those are what we publish. Here is why we do not trust the 2026 dollar totals.
The underlying data
These figures come from one dataset — Korea Customs Service exports and imports by partner country, month by month. We publish it as a structured trade dataset you can license, with a free monthly CSV to reproduce with credit. See the whole picture in Korea’s trade balance, in one page.
Data as of 2026-08-20 20:09:33. Korea Customs Service via KOSIS. Shares and ranks only — not investment advice.
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