Korea - Trade Openness 2003
59.42%
+2.76% from 2002
Korea's trade openness was 59.42% in 2003, increased +2.76% from 56.67% in 2002. This was the 59th highest globally.
Global Ranking - 2003▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Japan | 21.33% | 4.3% |
| 2nd | United States | 22.63% | 1.5% |
| 3rd | Pakistan | 24.65% | 6.6% |
| 4th | Sudan | 26.44% | 3.2% |
| 5th | Cuba | 26.59% | 7.5% |
| 6th | Bangladesh | 27.66% | -4.5% |
| 7th | Brazil | 28.14% | 1.9% |
| 8th | Rwanda | 29.31% | 6.2% |
| 9th | Burkina Faso | 30.37% | -3.0% |
| 10th | Tanzania | 30.45% | 10.7% |
| 11th | India | 30.59% | 3.7% |
| 12th | Niger | 33.38% | 8.3% |
| 13th | Madagascar | 34.03% | -32.2% |
| 14th | Guinea | 35.08% | -7.8% |
| 15th | Comoros | 35.76% | 0.0% |
| 16th | Central African Republic | 36.23% | 0.3% |
| 17th | Colombia | 36.52% | 10.7% |
| 18th | Uganda | 36.59% | 0.8% |
| 19th | Haiti | 37.20% | 49.1% |
| 20th | Peru | 37.62% | 6.7% |
| 21st | Guinea-Bissau | 38.03% | -4.1% |
| 22nd | Australia | 40.13% | -3.0% |
| 23rd | Cameroon | 40.24% | -17.0% |
| 24th | Argentina | 40.64% | -2.7% |
| 25th | Benin | 41.62% | -4.9% |
| 26th | Nepal | 44.25% | -4.3% |
| 27th | South Africa | 45.72% | -14.5% |
| 28th | Italy | 45.99% | -3.9% |
| 29th | Egypt, Arab Republic of | 46.18% | 12.7% |
| 30th | Türkiye | 46.37% | -3.6% |
| 31st | Sierra Leone | 46.45% | 19.3% |
| 32nd | Mali | 46.89% | 1.2% |
| 33rd | Greece | 47.89% | -4.3% |
| 34th | Mexico | 48.70% | 7.7% |
| 35th | United Kingdom | 50.07% | -2.3% |
| 36th | Iran, Islamic Republic of | 50.68% | 5.2% |
| 37th | Senegal | 50.82% | -4.4% |
| 38th | China | 51.08% | 21.1% |
| 39th | Uruguay | 51.76% | 29.3% |
| 40th | Bolivia, Plurinational State of | 51.97% | 5.3% |
| 41st | Morocco | 52.33% | -3.6% |
| 42nd | Ecuador | 52.36% | -4.5% |
| 43rd | France | 52.60% | -4.6% |
| 44th | Côte d'Ivoire | 53.26% | -4.7% |
| 45th | Spain | 53.44% | -3.0% |
| 46th | Indonesia | 53.62% | -9.2% |
| 47th | Congo, Democratic Republic of | 54.03% | 84.3% |
| 48th | Lebanon | 54.09% | 6.0% |
| 49th | Kenya | 54.13% | -1.9% |
| 50th | Mauritania | 55.32% | -2.6% |
| 51st | Togo | 55.39% | 7.3% |
| 52nd | Solomon Islands | 55.96% | 24.0% |
| 53rd | Romania | 56.18% | 4.6% |
| 54th | Algeria | 57.77% | 2.1% |
| 55th | New Zealand | 57.91% | -7.6% |
| 56th | Serbia | 58.29% | 7.4% |
| 57th | Germany | 58.91% | 1.0% |
| 58th | Russian Federation | 59.13% | -0.9% |
| 59th | Korea | 59.42% | 4.9% |
| 60th | Lao PDR | 60.57% | -9.9% |
| 61st | Portugal | 61.14% | -1.9% |
| 62nd | Syrian Arab Republic | 61.55% | -14.1% |
| 63rd | New Caledonia | 61.89% | 10.3% |
| 64th | Nicaragua | 62.18% | 7.0% |
| 65th | Zambia | 62.31% | -4.0% |
| 66th | Turkmenistan | 63.20% | -0.8% |
| 67th | Guam | 64.02% | -7.1% |
| 68th | Albania | 64.82% | -1.8% |
| 69th | Chile | 65.69% | 5.1% |
| 70th | Norway | 66.32% | -1.8% |
| 71st | Israel | 66.88% | 2.2% |
| 72nd | Guatemala | 67.00% | -0.2% |
| 73rd | European Union | 67.36% | -1.6% |
| 74th | Iceland | 67.40% | -1.9% |
| 75th | Finland | 68.07% | -1.8% |
| 76th | El Salvador | 68.24% | 3.5% |
| 77th | Gambia, The | 68.86% | 15.5% |
| 78th | Poland | 69.21% | 13.8% |
| 79th | Saudi Arabia | 69.83% | 8.1% |
| 80th | Canada | 69.84% | -7.7% |
| 81st | Mozambique | 70.17% | -4.3% |
| 82nd | Zimbabwe | 70.45% | 5.5% |
| 83rd | Uzbekistan | 70.46% | 19.5% |
| 84th | Bahamas, The | 71.06% | 1.1% |
| 85th | North Macedonia | 71.07% | -0.6% |
| 86th | Bhutan | 72.85% | 3.7% |
| 87th | Tonga | 73.22% | -0.8% |
| 88th | Eritrea | 74.01% | -3.4% |
| 89th | Yemen, Republic of | 74.38% | -0.5% |
| 90th | Sweden | 75.33% | -2.3% |
| 91st | Sri Lanka | 75.34% | -1.3% |
| 92nd | Samoa | 76.27% | -13.2% |
| 93rd | West Bank and Gaza | 76.40% | 0.2% |
| 94th | Montenegro | 77.60% | -18.5% |
| 95th | Georgia | 77.63% | 8.4% |
| 96th | Bulgaria | 79.01% | 5.0% |
| 97th | Armenia | 80.05% | 8.2% |
| 98th | Gabon | 80.30% | -5.3% |
| 99th | Bosnia and Herzegovina | 80.57% | 2.3% |
| 100th | Denmark | 80.76% | -4.4% |
| 101st | Paraguay | 81.13% | 2.1% |
| 102nd | Croatia | 81.44% | 0.3% |
| 103rd | Tunisia | 82.39% | -3.5% |
| 104th | Costa Rica | 83.33% | 3.6% |
| 105th | Chad | 83.38% | -34.0% |
| 106th | Kyrgyz Republic | 83.93% | 1.2% |
| 107th | Dominican Republic | 84.45% | 22.9% |
| 108th | Oman | 84.85% | 1.4% |
| 109th | Botswana | 85.83% | -6.5% |
| 110th | Kuwait | 86.56% | 6.6% |
| 111th | Austria | 86.88% | -0.8% |
| 112th | Greenland | 87.30% | - |
| 113th | Philippines | 87.57% | 4.4% |
| 114th | Latvia | 88.58% | 3.0% |
| 115th | Brunei Darussalam | 89.09% | -4.4% |
| 116th | Qatar | 90.16% | 1.9% |
| 117th | Switzerland | 90.34% | -1.6% |
| 118th | Libya | 90.61% | 14.9% |
| 119th | Angola | 90.68% | 0.1% |
| 120th | Kazakhstan | 91.46% | -2.7% |
| 121st | Vanuatu | 91.57% | -0.1% |
| 122nd | Belize | 94.36% | 1.4% |
| 123rd | Czechia | 94.65% | 4.1% |
| 124th | Namibia | 95.95% | 1.6% |
| 125th | Micronesia, Federated States of | 96.70% | 5.4% |
| 126th | Ghana | 97.29% | -0.2% |
| 127th | Lithuania | 98.09% | -2.2% |
| 128th | Cabo Verde | 98.77% | -2.3% |
| 129th | United Arab Emirates | 102.30% | 9.9% |
| 130th | Ukraine | 102.59% | 6.9% |
| 131st | Slovenia | 103.28% | -1.5% |
| 132nd | Kiribati | 103.93% | -17.3% |
| 133rd | Azerbaijan | 107.55% | 15.9% |
| 134th | Faroe Islands | 108.26% | 9.8% |
| 135th | Mauritius | 108.66% | -8.1% |
| 136th | Netherlands | 111.30% | -1.3% |
| 137th | Cyprus | 114.00% | -7.8% |
| 138th | Jordan | 115.71% | 1.5% |
| 139th | Thailand | 116.69% | 1.5% |
| 140th | Hungary | 116.79% | -1.3% |
| 141st | Marshall Islands | 117.02% | 14.4% |
| 142nd | Panama | 117.27% | -6.9% |
| 143rd | Puerto Rico (US) | 118.84% | 11.8% |
| 144th | Cambodia | 120.07% | 1.5% |
| 145th | Mongolia | 120.30% | 1.5% |
| 146th | Honduras | 122.25% | 3.6% |
| 147th | Timor-Leste | 122.31% | -32.2% |
| 148th | Estonia | 122.74% | -0.4% |
| 149th | Papua New Guinea | 123.45% | 3.8% |
| 150th | Viet Nam | 124.33% | 6.5% |
| 151st | Slovak Republic | 126.00% | 4.5% |
| 152nd | Bahrain | 128.09% | -2.3% |
| 153rd | Belgium | 132.72% | -2.5% |
| 154th | Aruba | 132.79% | -0.3% |
| 155th | Belarus | 134.14% | 2.4% |
| 156th | Tajikistan | 137.67% | -0.7% |
| 157th | Moldova | 140.06% | 7.9% |
| 158th | Ireland | 146.53% | -10.5% |
| 159th | Macao SAR, China | 150.79% | -1.0% |
| 160th | Northern Mariana Islands | 152.70% | 0.5% |
| 161st | Iraq | 154.23% | 28.8% |
| 162nd | Malta | 154.57% | -4.9% |
| 163rd | Congo, Republic of | 156.86% | 15.8% |
| 164th | Seychelles | 168.84% | 7.6% |
| 165th | Guyana | 189.16% | -3.8% |
| 166th | Malaysia | 194.20% | -2.6% |
| 167th | American Samoa | 207.44% | -1.7% |
| 168th | Luxembourg | 244.98% | -2.3% |
| 169th | Hong Kong SAR, China | 292.45% | 14.2% |
| 170th | Virgin Islands (US) | 362.97% | 28.2% |
| 171st | Singapore | 377.22% | 7.9% |
FAQ
What was Korea's trade openness in 2003?▾
Korea's trade openness in 2003 was 59.42%. This ranked 59th globally.
How did Korea's trade openness change in 2003?▾
Korea's trade openness increased by 4.9% in 2003 compared to 2002.
Which country had the highest trade openness in 2003?▾
Singapore had the highest trade openness in 2003 at 377.22%.
What is the trade openness of Korea in 2003?▾
The trade openness of Korea in 2003 was 59.42%. This ranked 59th globally.
How does 2003 compare to 2002 for Korea's trade openness?▾
Korea's trade openness went from 56.67% in 2002 to 59.42% in 2003, a 4.9% increase.
HistorySaid - pattern alert
Korea matched the Export Boom Cycle pattern in 2003. Historically: 768 occurrences, 546 successful (71%). Outcome 24 months later: 4.4%. View full analysis →
Related
2002
2004
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Full ranking 2003
Exports
Imports
Trade Balance
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FDI Inflows
Peak: 2011
Lowest: 1960
Trade Openness 1990s
Trade Openness 2000s
Trade Openness 2010s
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