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KOR

Asia - Pacific

Korea-Japan Trade and Investment(2006)

Date
2007-10-17
Hit
1811

Korea-Japan Trade and Investment(2006)


ㅇ As of 2006, Japan is the second-largest trading partner and the third-largest export market of Korea. Likewise, Korea is the third-largest trading partner of Japan.


ㅇ The bilateral trade volume between the two countries reached US$78.5 billion in 2006 ; the trade deficit of Korea with Japan amounted to US$25.4 billion.


< Trade with Japan >


Unit: US$100 million, %(Variation)

 

1999

2000

2001

2002

2003

2004

2005

2006

Export to Japan

158.6

(29.6)

204.7

(29.0)

165.1

(-19.4)

151.4

(-8.3)

172.8

(14.1)

217.1

(25.6)

240.3

(10.7)

265.3

(10.4)

Import from Japan

241.4

(43.4)

318.3

(31.8)

266.3

(16.3)

298.6

(12.1)

363.1

(21.6)

461.4

(27.1)

484.0

(4.9)

519.3

(7.3)

Balance of Trade

-82.8

-113.6

-101.1

-147.1

-190.4

-244.3

-243.8

-253.9

Total Volume

400.0

523.0

431.4

450.0

535.9

678.5

724.3

784.6

※ Source: Korea Trade Information Services (KOTIS)


ㅇ As of 2006, Japan ranked as the second largest investor country to Korea, next to the U.S. On the other hand, the amount of Korea's investment in Japan is relatively small.


< Korea-Japan Investments >


Unit: US$100 million, %(Investment share)

 

2000

2001

2002

2003

2004

2005

2006

cum

Investment to

Korea

24.5

(16.1)

7.7

(6.8)

14.0

(15.4)

5.4

(8.4)

22.6

(17.7)

18.8

(16.2)

21.1

(18.8)

195.1

(15.4)

Cases

614

591

474

495

552

612

584

9,479

Investment to

Japan

1.40

(2.3)

0.95

(1.5)

0.92

(1.5)

0.5

(0.9)

3.2

(4.1)

1.7

(1.8)

2.9

(1.6)

17.7

(1.7)

Cases

138

119

84

63

114

137

185

1,172

※ Source: Ministry of Commerce, Industry and Economy, Export-Import Bank of Korea