Korea - Trade Openness 1988
56.93%
−4.18% from 1987
Korea's trade openness was 56.93% in 1988, decreased +4.18% from 61.11% in 1987. This was the 62nd highest globally.
Global Ranking - 1988▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Sudan | 11.49% | -31.0% |
| 2nd | India | 13.49% | 7.2% |
| 3rd | Argentina | 15.74% | 1.9% |
| 4th | Japan | 16.89% | 0.6% |
| 5th | Bangladesh | 17.68% | 5.9% |
| 6th | Brazil | 17.77% | 9.3% |
| 7th | Viet Nam | 18.95% | -8.9% |
| 8th | United States | 19.07% | 6.1% |
| 9th | Iran, Islamic Republic of | 21.58% | 20.7% |
| 10th | Rwanda | 24.22% | -8.9% |
| 11th | Uganda | 25.35% | -3.6% |
| 12th | Somalia, Fed. Rep. | 26.67% | -29.0% |
| 13th | China | 30.01% | 21.0% |
| 14th | Colombia | 30.14% | 0.9% |
| 15th | Madagascar | 30.50% | 1.2% |
| 16th | Cameroon | 31.99% | -14.3% |
| 17th | Australia | 32.52% | 0.2% |
| 18th | Peru | 33.22% | 21.5% |
| 19th | Pakistan | 33.28% | 1.2% |
| 20th | Nepal | 33.83% | 3.4% |
| 21st | Italy | 35.03% | -1.3% |
| 22nd | Comoros | 35.76% | 0.0% |
| 23rd | Türkiye | 36.21% | 8.6% |
| 24th | Spain | 36.76% | 1.1% |
| 25th | Albania | 36.90% | 14.7% |
| 26th | Mali | 37.45% | -8.8% |
| 27th | Guatemala | 38.04% | -0.3% |
| 28th | El Salvador | 38.10% | -15.5% |
| 29th | Algeria | 38.11% | 16.6% |
| 30th | Burkina Faso | 38.13% | -3.3% |
| 31st | Greece | 38.60% | -6.5% |
| 32nd | Mexico | 38.79% | 24.1% |
| 33rd | Philippines | 39.32% | 5.3% |
| 34th | Guinea | 39.74% | -7.0% |
| 35th | Uruguay | 39.79% | -2.6% |
| 36th | Senegal | 40.63% | 3.1% |
| 37th | Niger | 41.89% | -8.9% |
| 38th | Bolivia, Plurinational State of | 41.91% | -3.9% |
| 39th | Ghana | 42.25% | -7.9% |
| 40th | Germany | 42.36% | 2.0% |
| 41st | Iraq | 42.50% | -13.9% |
| 42nd | Ecuador | 42.66% | 13.1% |
| 43rd | Syrian Arab Republic | 42.77% | -4.1% |
| 44th | Central African Republic | 42.80% | -7.8% |
| 45th | Sierra Leone | 43.12% | -21.8% |
| 46th | France | 43.22% | 2.9% |
| 47th | Zimbabwe | 44.10% | -2.6% |
| 48th | Chad | 45.12% | -13.0% |
| 49th | Lao PDR | 45.53% | 126.3% |
| 50th | South Africa | 45.85% | 2.0% |
| 51st | Benin | 45.89% | -0.7% |
| 52nd | Indonesia | 47.25% | 0.6% |
| 53rd | United Kingdom | 47.36% | -5.1% |
| 54th | Finland | 48.17% | -2.7% |
| 55th | New Zealand | 48.40% | -3.2% |
| 56th | Haiti | 48.78% | - |
| 57th | Kenya | 49.97% | 4.8% |
| 58th | Morocco | 50.14% | 1.0% |
| 59th | Canada | 51.37% | 1.0% |
| 60th | European Union | 51.58% | 2.4% |
| 61st | Egypt, Arab Republic of | 52.60% | 48.8% |
| 62nd | Korea | 56.93% | -6.8% |
| 63rd | Chile | 58.16% | 9.0% |
| 64th | Côte d'Ivoire | 58.38% | -7.4% |
| 65th | Sweden | 58.44% | -0.6% |
| 66th | Israel | 60.25% | -12.7% |
| 67th | Iceland | 61.42% | -7.5% |
| 68th | Sri Lanka | 62.91% | 3.3% |
| 69th | Portugal | 63.20% | 6.1% |
| 70th | Guinea-Bissau | 63.61% | 26.4% |
| 71st | Seychelles | 63.73% | 23.9% |
| 72nd | Denmark | 63.76% | 3.7% |
| 73rd | Norway | 64.27% | -0.9% |
| 74th | Saudi Arabia | 66.53% | -2.2% |
| 75th | Austria | 66.82% | 5.9% |
| 76th | Thailand | 67.41% | 17.8% |
| 77th | Honduras | 68.83% | 13.7% |
| 78th | Costa Rica | 69.84% | 3.6% |
| 79th | Dominican Republic | 71.35% | 22.9% |
| 80th | Oman | 71.36% | -8.4% |
| 81st | Cuba | 75.14% | -2.2% |
| 82nd | Cabo Verde | 76.20% | -9.1% |
| 83rd | Nicaragua | 76.25% | 198.7% |
| 84th | Gabon | 78.52% | -10.7% |
| 85th | Bhutan | 80.48% | 25.2% |
| 86th | Congo, Republic of | 81.05% | 0.9% |
| 87th | Belize | 81.49% | 6.0% |
| 88th | Mauritania | 83.38% | -1.8% |
| 89th | Switzerland | 83.50% | 2.9% |
| 90th | Tunisia | 83.68% | 18.4% |
| 91st | Paraguay | 85.08% | 17.4% |
| 92nd | Faroe Islands | 85.86% | -7.8% |
| 93rd | Georgia | 88.60% | 7.7% |
| 94th | Tonga | 89.49% | -6.3% |
| 95th | Vanuatu | 89.71% | -4.4% |
| 96th | Togo | 90.05% | -2.3% |
| 97th | Kuwait | 90.50% | 0.9% |
| 98th | Namibia | 91.01% | -7.0% |
| 99th | Bulgaria | 91.46% | 9.7% |
| 100th | Mongolia | 94.47% | -8.3% |
| 101st | Papua New Guinea | 95.17% | 2.5% |
| 102nd | Panama | 97.67% | -0.9% |
| 103rd | Puerto Rico (US) | 97.82% | 3.1% |
| 104th | Netherlands | 100.06% | 4.5% |
| 105th | Cyprus | 101.58% | 4.1% |
| 106th | Ireland | 105.22% | 4.4% |
| 107th | Jordan | 108.12% | 19.1% |
| 108th | Gambia, The | 108.82% | 0.1% |
| 109th | Botswana | 114.45% | -7.4% |
| 110th | Belgium | 116.42% | 5.9% |
| 111th | Kiribati | 122.04% | -23.4% |
| 112th | Malaysia | 122.62% | 9.6% |
| 113th | Guyana | 131.56% | -22.8% |
| 114th | Mauritius | 132.62% | 5.8% |
| 115th | Malta | 150.32% | 1.5% |
| 116th | Bahrain | 152.00% | -8.9% |
| 117th | Luxembourg | 188.92% | 0.8% |
| 118th | Solomon Islands | 192.63% | 21.9% |
| 119th | Macao SAR, China | 195.73% | -3.1% |
| 120th | Hong Kong SAR, China | 231.34% | 7.5% |
| 121st | Singapore | 359.87% | 10.7% |
FAQ
What was Korea's trade openness in 1988?▾
Korea's trade openness in 1988 was 56.93%. This ranked 62nd globally.
How did Korea's trade openness change in 1988?▾
Korea's trade openness decreased by 6.8% in 1988 compared to 1987.
Which country had the highest trade openness in 1988?▾
Singapore had the highest trade openness in 1988 at 359.87%.
What is the trade openness of Korea in 1988?▾
The trade openness of Korea in 1988 was 56.93%. This ranked 62nd globally.
How does 1988 compare to 1987 for Korea's trade openness?▾
Korea's trade openness went from 61.11% in 1987 to 56.93% in 1988, a 6.8% decrease.
HistorySaid - pattern alert
Korea matched the Export Boom Cycle pattern in 1988. Historically: 768 occurrences, 546 successful (71%). Outcome 24 months later: 10.0%. View full analysis →
Related
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