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