As of February 2026, the United States imported $11.4B/month and exported $5.2B/month with South Korea. This page covers South Korea's customs status, applicable trade agreements, and the practical tariff treatment U.S. importers and exporters should expect.

Trade overview

South Korea is one of the United States' largest trading partners and a key ally in the Indo-Pacific region. The US-Korea Free Trade Agreement (KORUS FTA), in force since 2012 and updated in 2019, governs bilateral trade and has eliminated tariffs on the majority of goods exchanged between the two countries. Major US imports from South Korea include semiconductors, vehicles, machinery, and electronics, while the US exports aircraft, agricultural products, and industrial equipment to South Korea.

Practical tariff treatment

For HS-code-level tariff rates and duty collected on shipments from South Korea, see the product detail pages — each lists the effective tariff rate and duty value computed from the Census Bureau's monthly trade releases.

Full South Korea trade profile →

Source: U.S. Census Bureau Foreign Trade Statistics. Data updated monthly.