According to recently published official figures, imports into South Korea increased to US$44139 million in March 2013 – a significant increase compared to the US$40266 million officially reported the preceding month, in February 2013.

Official import statistics for South Korea are reported by the Korean Ministry of Knowledge Economy.

South Korea’s imports averaged US$9992.84 million between 1966 and 2013. They reached a record high of US$45565.95 million in March 2011, up from a record low of US$38.61 million in January 1966.

Key South Korean imports include machinery, electronics and electronic equipment, oil, steel, transport equipment, organic chemicals and plastics.

The country’s principal import partners are China, Japan, the United States, the European Union, and Saudi Arabia.

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