2:25:PM  |  7 February 2012

Economic

All figures are drawn from Bank of Korea statistics and are for the year ended December 2009, except the budget balance.

 

GDP

US$833 billion (KRW 1,063,059 billion)

GDP breakdown

Goods

39.3%

Services

60.7%

GNI per capita

US$17,175  (KRW 21,923,000)

Real GDP growth

0.2%

Exports

US$364  billion

Imports

US$323  billion

Main exports (KITA)

Ships and boats, telephone sets, electronic integrated circuits, liquid crystal devices, motor cars and vehicles, petroleum and other oils, motor vehicle parts.

Current account

US$43 billion

Inflation

Core inflation 3.6%
Consumer price inflation 2.8%

Gross external debt

US$402  billion

Budget balance

10,083 billion KRW deficit as of Nov 2009

 

NZ Trade

 

NZ Exports to Korea (FOB)

NZ$1,240 million

Main Exports

Wood (24%), aluminium (12%), meat (11%), dairy(8%).

NZ Imports from Korea  (CIF)

NZ$1,357 million

Main Imports

Petroleum oils/minerals (38%), motor vehicles (15%), iron and steel (11%), electrical machinery (10%). 

 

 

Source: Ministry of Foriegn Affairs and Trade