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Korea - Trade Openness 1993

Name: Korea Trade Openness 1993
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Trade as % of GDP · World Bank

45.42% −1.79% from 1992 Global rank: 44th

Korea's trade openness was 45.42% in 1993, decreased +1.79% from 47.21% in 1992. This was the 44th highest globally.

Global Ranking - 1993▾

Trade Openness by Country - 1993
Rank	Country	Value	YoY
1st	Iraq	0.54%	-71.6%
2nd	Sudan	11.47%	-41.7%
3rd	Japan	15.72%	-7.6%
4th	Argentina	16.22%	10.1%
5th	Brazil	19.60%	1.8%
6th	India	19.65%	6.6%
7th	United States	20.04%	0.5%
8th	Bangladesh	23.12%	16.0%
9th	Rwanda	25.68%	7.8%
10th	French Polynesia	25.94%	2.0%
11th	Niger	26.10%	-9.1%
12th	Cameroon	26.16%	-32.7%
13th	Mexico	26.16%	-26.4%
14th	Uganda	28.24%	-14.6%
15th	Peru	28.77%	2.8%
16th	Cuba	28.92%	-17.7%
17th	Burkina Faso	29.63%	4.4%
18th	Madagascar	32.87%	-0.9%
19th	Türkiye	33.02%	4.0%
20th	Australia	35.35%	7.1%
21st	South Africa	35.70%	4.0%
22nd	Comoros	35.76%	0.0%
23rd	Mali	35.78%	-5.8%
24th	China	35.91%	19.6%
25th	Greece	36.03%	-4.6%
26th	Colombia	36.18%	7.6%
27th	Spain	37.00%	2.7%
28th	Guinea	37.45%	7.2%
29th	Italy	37.67%	8.2%
30th	Pakistan	38.50%	2.1%
31st	Uruguay	38.68%	-3.5%
32nd	Senegal	38.77%	-6.5%
33rd	Germany	39.75%	-11.0%
34th	Central African Republic	39.99%	-7.5%
35th	Guinea-Bissau	41.59%	-24.4%
36th	France	41.73%	-5.1%
37th	Chad	42.65%	18.8%
38th	Togo	42.71%	-14.0%
39th	Ecuador	43.17%	-3.6%
40th	New Caledonia	43.38%	-4.4%
41st	Guatemala	43.78%	-3.5%
42nd	Algeria	44.92%	-8.7%
43rd	Tanzania	45.24%	26.8%
44th	Korea	45.42%	-3.8%
45th	Iran, Islamic Republic of	46.04%	14.0%
46th	Mauritania	46.08%	8.9%
47th	Nepal	47.19%	13.2%
48th	Bolivia, Plurinational State of	47.47%	-3.3%
49th	Cambodia	48.72%	-
50th	Haiti	48.75%	49.8%
51st	Morocco	49.67%	-1.2%
52nd	United Kingdom	49.75%	7.4%
53rd	Philippines	50.47%	12.2%
54th	Indonesia	50.52%	-12.0%
55th	Romania	51.00%	-20.3%
56th	European Union	51.83%	-2.9%
57th	Ukraine	52.07%	13.3%
58th	Lao PDR	52.63%	19.3%
59th	Sierra Leone	52.86%	-18.0%
60th	Chile	52.91%	-4.7%
61st	Hungary	53.41%	-3.4%
62nd	El Salvador	53.53%	10.0%
63rd	Portugal	54.18%	-3.8%
64th	Mozambique	55.24%	-6.9%
65th	Côte d'Ivoire	55.35%	-7.8%
66th	Benin	55.38%	-2.4%
67th	Egypt, Arab Republic of	55.93%	-5.7%
68th	Ghana	56.67%	23.2%
69th	New Zealand	57.55%	-2.8%
70th	Seychelles	57.89%	10.5%
71st	Yemen, Republic of	58.14%	26.0%
72nd	Finland	58.23%	15.9%
73rd	Sweden	58.23%	14.5%
74th	Canada	58.25%	10.5%
75th	Iceland	59.48%	2.8%
76th	Libya	59.79%	6.7%
77th	Israel	60.01%	9.3%
78th	Cabo Verde	60.31%	-28.2%
79th	Zimbabwe	63.17%	-0.9%
80th	Austria	63.51%	-6.5%
81st	Gambia, The	64.63%	-4.2%
82nd	Oman	65.08%	0.5%
83rd	Denmark	65.64%	-2.0%
84th	Viet Nam	66.21%	-10.0%
85th	Norway	67.25%	0.8%
86th	Tonga	67.44%	-7.1%
87th	Saudi Arabia	67.81%	-9.7%
88th	Nicaragua	68.29%	-3.2%
89th	Russian Federation	68.70%	-37.9%
90th	Syrian Arab Republic	68.77%	7.6%
91st	Tajikistan	70.20%	-
92nd	Brunei Darussalam	70.51%	0.8%
93rd	Faroe Islands	72.70%	-14.3%
94th	Kenya	72.86%	37.6%
95th	Congo, Republic of	74.18%	29.8%
96th	Kyrgyz Republic	74.71%	-10.2%
97th	Belize	75.75%	-5.7%
98th	Lebanon	76.35%	-7.8%
99th	Sri Lanka	77.15%	6.0%
100th	Switzerland	77.67%	-1.5%
101st	Thailand	77.75%	-0.3%
102nd	Dominican Republic	78.00%	-3.1%
103rd	Czechia	78.20%	0.3%
104th	Bhutan	78.76%	-14.2%
105th	Costa Rica	79.35%	4.3%
106th	Albania	80.52%	-26.0%
107th	Gabon	83.34%	4.3%
108th	Bulgaria	84.04%	-16.0%
109th	Kazakhstan	84.63%	-43.3%
110th	Botswana	86.21%	-3.9%
111th	Tunisia	88.41%	2.8%
112th	Papua New Guinea	89.59%	-4.2%
113th	Kuwait	92.06%	-2.8%
114th	Vanuatu	94.97%	0.4%
115th	Cyprus	95.42%	-13.3%
116th	Slovenia	96.02%	-2.4%
117th	Namibia	96.10%	4.5%
118th	North Macedonia	96.44%	-5.8%
119th	Puerto Rico (US)	97.98%	-6.9%
120th	Kiribati	98.16%	-12.2%
121st	Honduras	98.25%	15.9%
122nd	Netherlands	99.03%	-3.0%
123rd	Eritrea	102.06%	81.0%
124th	Bahamas, The	103.36%	1.9%
125th	Armenia	107.97%	6.8%
126th	Belgium	109.01%	-5.3%
127th	Slovak Republic	110.83%	-15.7%
128th	Paraguay	113.60%	26.9%
129th	Ireland	116.60%	6.4%
130th	Georgia	118.64%	16.4%
131st	Mauritius	120.90%	0.6%
132nd	Mongolia	129.74%	98.7%
133rd	Jordan	130.49%	-0.9%
134th	Estonia	132.13%	-
135th	Azerbaijan	133.49%	-5.2%
136th	Macao SAR, China	134.57%	-8.5%
137th	Panama	139.68%	-3.6%
138th	Bahrain	144.76%	-9.1%
139th	Turkmenistan	146.07%	38.7%
140th	Belarus	150.96%	28.6%
141st	Malaysia	157.94%	4.9%
142nd	Solomon Islands	161.47%	7.8%
143rd	Malta	178.91%	5.0%
144th	Luxembourg	181.40%	-0.6%
145th	Hong Kong SAR, China	233.97%	-2.6%
146th	Guyana	245.37%	-10.8%
147th	Singapore	313.42%	0.7%

FAQ

What was Korea's trade openness in 1993?▾

Korea's trade openness in 1993 was 45.42%. This ranked 44th globally.

How did Korea's trade openness change in 1993?▾

Korea's trade openness decreased by 3.8% in 1993 compared to 1992.

Which country had the highest trade openness in 1993?▾

Singapore had the highest trade openness in 1993 at 313.42%.

What is the trade openness of Korea in 1993?▾

The trade openness of Korea in 1993 was 45.42%. This ranked 44th globally.

How does 1993 compare to 1992 for Korea's trade openness?▾

Korea's trade openness went from 47.21% in 1992 to 45.42% in 1993, a 3.8% decrease.

HistorySaid - pattern alert

Korea matched the Export Boom Cycle pattern in 1993. Historically: 768 occurrences, 546 successful (71%). Outcome 24 months later: 9.7%. View full analysis →

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