Korea - Trade Openness 2004
67.93%
+8.50% from 2003
Korea's trade openness was 67.93% in 2004, increased +8.50% from 59.42% in 2003. This was the 64th highest globally.
Global Ranking - 2004▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Japan | 23.66% | 11.0% |
| 2nd | United States | 24.45% | 8.0% |
| 3rd | Pakistan | 24.81% | 0.6% |
| 4th | Bangladesh | 26.86% | -2.9% |
| 5th | Brazil | 29.68% | 5.5% |
| 6th | Sudan | 30.43% | 15.1% |
| 7th | Cuba | 31.31% | 17.8% |
| 8th | Central African Republic | 33.24% | -8.2% |
| 9th | Rwanda | 33.46% | 14.2% |
| 10th | Tanzania | 33.61% | 10.4% |
| 11th | Haiti | 33.78% | -9.2% |
| 12th | Guinea | 34.60% | -1.4% |
| 13th | Uganda | 35.46% | -3.1% |
| 14th | Burkina Faso | 35.48% | 16.8% |
| 15th | Comoros | 35.76% | 0.0% |
| 16th | Colombia | 35.86% | -1.8% |
| 17th | Australia | 36.95% | -7.9% |
| 18th | Niger | 36.96% | 10.7% |
| 19th | India | 37.50% | 22.6% |
| 20th | Benin | 39.90% | -4.1% |
| 21st | Argentina | 40.69% | 0.1% |
| 22nd | Cameroon | 41.84% | 4.0% |
| 23rd | Peru | 41.94% | 11.5% |
| 24th | Guinea-Bissau | 43.19% | 13.6% |
| 25th | Mali | 44.01% | -6.1% |
| 26th | South Africa | 45.64% | -0.2% |
| 27th | Nepal | 46.15% | 4.3% |
| 28th | Sierra Leone | 46.17% | -0.6% |
| 29th | Italy | 47.27% | 2.8% |
| 30th | Madagascar | 48.78% | 43.3% |
| 31st | Türkiye | 48.99% | 5.7% |
| 32nd | Congo, Democratic Republic of | 49.34% | -8.7% |
| 33rd | Greece | 49.83% | 4.0% |
| 34th | Gambia, The | 49.93% | -27.5% |
| 35th | United Kingdom | 50.29% | 0.4% |
| 36th | Iran, Islamic Republic of | 51.31% | 1.3% |
| 37th | Mexico | 52.04% | 6.9% |
| 38th | Senegal | 53.66% | 5.6% |
| 39th | France | 53.75% | 2.2% |
| 40th | Spain | 54.48% | 2.0% |
| 41st | Morocco | 55.55% | 6.2% |
| 42nd | Ecuador | 56.07% | 7.1% |
| 43rd | Russian Federation | 56.58% | -4.3% |
| 44th | Bolivia, Plurinational State of | 57.46% | 10.6% |
| 45th | Egypt, Arab Republic of | 57.82% | 25.2% |
| 46th | Togo | 57.87% | 4.5% |
| 47th | Côte d'Ivoire | 58.12% | 9.1% |
| 48th | New Caledonia | 58.58% | -5.3% |
| 49th | China | 58.64% | 14.8% |
| 50th | New Zealand | 58.80% | 1.5% |
| 51st | Turkmenistan | 59.32% | -6.1% |
| 52nd | Kenya | 59.48% | 9.9% |
| 53rd | Indonesia | 59.76% | 11.5% |
| 54th | Romania | 60.63% | 7.9% |
| 55th | Algeria | 61.36% | 6.2% |
| 56th | Uruguay | 61.48% | 18.8% |
| 57th | Solomon Islands | 62.81% | 12.2% |
| 58th | Germany | 62.91% | 6.8% |
| 59th | Portugal | 63.20% | 3.4% |
| 60th | Albania | 65.04% | 0.3% |
| 61st | Eritrea | 65.57% | -11.4% |
| 62nd | Lao PDR | 66.08% | 9.1% |
| 63rd | Nicaragua | 67.20% | 8.1% |
| 64th | Korea | 67.93% | 14.3% |
| 65th | Guam | 68.00% | 6.2% |
| 66th | Norway | 68.67% | 3.5% |
| 67th | Iceland | 69.73% | 3.5% |
| 68th | El Salvador | 69.78% | 2.3% |
| 69th | Chile | 69.89% | 6.4% |
| 70th | Canada | 70.19% | 0.5% |
| 71st | Guatemala | 70.21% | 4.8% |
| 72nd | European Union | 70.40% | 4.5% |
| 73rd | Zambia | 70.81% | 13.6% |
| 74th | Finland | 70.97% | 4.3% |
| 75th | Poland | 70.98% | 2.6% |
| 76th | Yemen, Republic of | 71.85% | -3.4% |
| 77th | Mozambique | 72.05% | 2.7% |
| 78th | Serbia | 72.29% | 24.0% |
| 79th | Samoa | 72.53% | -4.9% |
| 80th | Armenia | 73.07% | -8.7% |
| 81st | Tonga | 73.97% | 1.0% |
| 82nd | Israel | 74.97% | 12.1% |
| 83rd | Saudi Arabia | 75.08% | 7.5% |
| 84th | Mauritania | 75.22% | 36.0% |
| 85th | Bahamas, The | 76.00% | 6.9% |
| 86th | Zimbabwe | 76.04% | 7.9% |
| 87th | Uzbekistan | 76.60% | 8.7% |
| 88th | Syrian Arab Republic | 78.11% | 26.9% |
| 89th | Sweden | 78.74% | 4.5% |
| 90th | Georgia | 79.04% | 1.8% |
| 91st | Sri Lanka | 79.48% | 5.5% |
| 92nd | Paraguay | 80.10% | -1.3% |
| 93rd | North Macedonia | 80.87% | 13.8% |
| 94th | West Bank and Gaza | 81.12% | 6.2% |
| 95th | Dominican Republic | 81.35% | -3.7% |
| 96th | Croatia | 81.64% | 0.2% |
| 97th | Gabon | 81.77% | 1.8% |
| 98th | Bosnia and Herzegovina | 81.81% | 1.5% |
| 99th | Namibia | 81.86% | -14.7% |
| 100th | Denmark | 82.01% | 1.5% |
| 101st | Brunei Darussalam | 84.88% | -4.7% |
| 102nd | Costa Rica | 85.26% | 2.3% |
| 103rd | Belize | 86.39% | -8.5% |
| 104th | Tunisia | 86.93% | 5.5% |
| 105th | Philippines | 87.13% | -0.5% |
| 106th | Greenland | 88.15% | 1.0% |
| 107th | Oman | 88.61% | 4.4% |
| 108th | Bhutan | 89.06% | 22.3% |
| 109th | Kuwait | 89.30% | 3.2% |
| 110th | Qatar | 90.37% | 0.2% |
| 111th | Angola | 90.39% | -0.3% |
| 112th | Lebanon | 90.97% | 68.2% |
| 113th | Botswana | 91.00% | 6.0% |
| 114th | Austria | 91.47% | 5.3% |
| 115th | Bulgaria | 93.06% | 17.8% |
| 116th | Faroe Islands | 93.42% | -13.7% |
| 117th | Kyrgyz Republic | 93.82% | 11.8% |
| 118th | Switzerland | 95.52% | 5.7% |
| 119th | Micronesia, Federated States of | 95.53% | -1.2% |
| 120th | Libya | 96.13% | 6.1% |
| 121st | Kazakhstan | 96.41% | 5.4% |
| 122nd | Latvia | 97.24% | 9.8% |
| 123rd | Vanuatu | 98.71% | 7.8% |
| 124th | Ghana | 99.67% | 2.4% |
| 125th | Montenegro | 100.11% | 29.0% |
| 126th | Kiribati | 101.36% | -2.5% |
| 127th | Cabo Verde | 101.57% | 2.8% |
| 128th | Chad | 101.77% | 22.1% |
| 129th | Lithuania | 104.07% | 6.1% |
| 130th | Mauritius | 107.03% | -1.5% |
| 131st | Timor-Leste | 107.33% | -12.2% |
| 132nd | Ukraine | 109.98% | 7.2% |
| 133rd | Slovenia | 112.40% | 8.8% |
| 134th | Czechia | 113.17% | 19.6% |
| 135th | Cyprus | 113.90% | -0.1% |
| 136th | Marshall Islands | 114.02% | -2.6% |
| 137th | United Arab Emirates | 116.62% | 14.0% |
| 138th | Netherlands | 116.96% | 5.1% |
| 139th | Puerto Rico (US) | 117.00% | -1.5% |
| 140th | Iraq | 120.23% | -22.0% |
| 141st | Azerbaijan | 121.51% | 13.0% |
| 142nd | Hungary | 123.62% | 5.8% |
| 143rd | Panama | 124.76% | 6.4% |
| 144th | Thailand | 127.41% | 9.2% |
| 145th | Tajikistan | 128.34% | -6.8% |
| 146th | Estonia | 129.95% | 5.9% |
| 147th | Papua New Guinea | 131.08% | 6.2% |
| 148th | Mongolia | 131.33% | 9.2% |
| 149th | Cambodia | 131.35% | 9.4% |
| 150th | Congo, Republic of | 131.37% | -16.3% |
| 151st | Aruba | 132.43% | -0.3% |
| 152nd | Moldova | 132.70% | -5.3% |
| 153rd | Viet Nam | 133.02% | 7.0% |
| 154th | Jordan | 134.62% | 16.3% |
| 155th | Honduras | 135.46% | 10.8% |
| 156th | Belgium | 136.92% | 3.2% |
| 157th | Slovak Republic | 140.22% | 11.3% |
| 158th | Bahrain | 140.74% | 9.9% |
| 159th | Belarus | 142.14% | 6.0% |
| 160th | Ireland | 146.59% | 0.0% |
| 161st | Macao SAR, China | 148.90% | -1.2% |
| 162nd | Seychelles | 149.54% | -11.4% |
| 163rd | Malta | 155.89% | 0.9% |
| 164th | Northern Mariana Islands | 178.10% | 16.6% |
| 165th | Guyana | 200.73% | 6.1% |
| 166th | American Samoa | 202.36% | -2.5% |
| 167th | Malaysia | 210.37% | 8.3% |
| 168th | Luxembourg | 265.23% | 8.3% |
| 169th | Hong Kong SAR, China | 326.84% | 11.8% |
| 170th | Singapore | 401.52% | 6.4% |
| 171st | Virgin Islands (US) | 435.16% | 19.9% |
FAQ
What was Korea's trade openness in 2004?▾
Korea's trade openness in 2004 was 67.93%. This ranked 64th globally.
How did Korea's trade openness change in 2004?▾
Korea's trade openness increased by 14.3% in 2004 compared to 2003.
Which country had the highest trade openness in 2004?▾
Virgin Islands (US) had the highest trade openness in 2004 at 435.16%.
What is the trade openness of Korea in 2004?▾
The trade openness of Korea in 2004 was 67.93%. This ranked 64th globally.
How does 2004 compare to 2003 for Korea's trade openness?▾
Korea's trade openness went from 59.42% in 2003 to 67.93% in 2004, a 14.3% increase.
HistorySaid - pattern alert
Korea matched the Export Boom Cycle pattern in 2004. Historically: 768 occurrences, 546 successful (71%). Outcome 24 months later: 5.2%. View full analysis →
Related
2003
2005
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Full ranking 2004
Exports
Imports
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FDI Inflows
Peak: 2011
Lowest: 1960
Trade Openness 1990s
Trade Openness 2000s
Trade Openness 2010s
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