Korea · Trade partner

Korea’s trade with Russia

Over the twelve months to June 2026, Korea ran a trade deficit with Russia.Russia is Korea’s 29th-largest export market and its 18th-largest source of imports.

Balance directionKorea buys more than it sells (deficit)
Share of Korea’s exports0.4%
Share of Korea’s imports1.1%
Rank as an export market29th of 243
Rank as an import source18th of 243
Rank by total trade25th of 243

What this says

Russia 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 Russia’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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