Germany-South Korea: In 2019, Germany exported $19.4B to South Korea. The main products that Germany exported to South Korea are Cars ($5.2B), Packaged Medicaments ($683M), and Vehicle Parts ($558M). During the last 24 years the exports of Germany to South Korea have increased at an annualized rate of 4.97%, from $6.04B in 1995 to $19.4B in 2019.
In 2016, Germany exported services to South Korea worth $2.47B, with Transportation ($953M), Other business services ($877M), and Royalties and license fees ($321M) being the largest in terms of value.
South Korea-Germany: In 2019, South Korea exported $9.96B to Germany . The main products that South Korea exported to Germany were Cars ($1.57B), Electric Batteries ($939M), and Blood, antisera, vaccines, toxins and cultures ($716M). During the last 24 years the exports of South Korea to Germany have increased at an annualized rate of 2.18%, from $5.93B in 1995 to $9.96B in 2019.
In 2005, South Korea exported services to Germany worth $1.78B, with Other business services ($826M), Transportation ($704M), and Travel ($121M) being the largest in terms of value.
Comparison: In 2019, Germany ranked 4 in the Economic Complexity Index (ECI 1.98), and 3 in total exports ($1.44T). That same year, South Korea ranked 5 in the Economic Complexity Index (ECI 1.95), and 6 in total exports ($555B).