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Annual data from Bureau of Economic Analysis (BEA) | Latest: 2024
In 2024, the United States exported $27.0B in services to South Korea and imported $15.5B, running a $11.5B services surplus. Transport services accounted for the largest share of two-way services trade. Source: U.S. Bureau of Economic Analysis (BEA).
Services Exports
$27.0B
To South Korea (2024, Annual)
Services Imports
$15.5B
From South Korea (2024, Annual)
Services Trade Balance
$11.5B
U.S. services surplus with South Korea
| Service Type | Exports | Imports |
|---|---|---|
| Transport services | $5.1B | $6.1B |
| Travel services | $7.4B | $2.1B |
| Air transport services | $4.2B | $4.3B |
| Personal travel services | $6.5B | $1.8B |
| Other personal travel services | $4.2B | $1.6B |
| Charges for the use of intellectual property n.i.e. | $4.7B | $613.0M |
| Other business services | $3.5B | $1.4B |
| Air passenger services | $1.5B | $2.4B |
| Air freight services | $2.0B | $1.2B |
| Professional and management consulting services | $2.0B | $964.0M |
| Financial services | $2.4B | $633.0M |
| Explicitly charged and other financial services | $2.2B | $573.0M |
-- Data suppressed by BEA for confidentiality (D)
Transport services
$5.1B
$6.1B
Travel services
$7.4B
$2.1B
Air transport services
$4.2B
$4.3B
Personal travel services
$6.5B
$1.8B
Other personal travel services
$4.2B
$1.6B
Charges for the use of intellectual property n.i.e.
$4.7B
$613.0M
Other business services
$3.5B
$1.4B
Air passenger services
$1.5B
$2.4B
Air freight services
$2.0B
$1.2B
Professional and management consulting services
$2.0B
$964.0M
Financial services
$2.4B
$633.0M
Explicitly charged and other financial services
$2.2B
$573.0M