Canada's Merchandise Trade with South Korea
| Canada’s Trade with South Korea (C$) | ||||
| January - December | January - December | |||
| 2010 | 2011 | 2011 | 2012 | |
| Exports | 3,634,908,904 | 5,035,535,478 | 5,035,535,478 | 3,659,863,323 |
| Imports | 6,147,148,797 | 6,616,496,395 | 6,616,496,395 | 6,369,865,833 |
| Trade Balance | -2,512,239,893 | -1,580,960,917 | -1,580,960,917 | -2,710,002,510 |
Source: Trade Data Online. Industry Canada. 20 February 2013. http://www.ic.gc.ca/eic/site/tdo-dcd.nsf/eng/Home.
Reproduced with the permission of the Minister of Public Works and Government Services Canada.
| Canada’s Merchandise Trade with South Korea, 2012 | ||||
| Canadian Imports from South Korea | Canadian Exports to South Korea | |||
| Merchandise Classification | % | Merchandise Classification | % | |
| 1 | Motor vehicles, trailers, bicycles, motorcycles | 40.20 | Mineral fuels, oils | 31.06 |
| 2 | Boilers, mechanical appliances, etc. | 16.97 | Woodpulp; paper or paperboard scraps | 8.98 |
| 3 | Electrical machinery and equipment | 14.55 | Ores, slag and ash | 8.37 |
| 4 | Iron and steel | 3.99 | Boilers, mechanical appliances, etc. | 6.79 |
| 5 | Iron or steel articles | 3.44 | Aluminum and aluminum articles | 5.42 |
| 6 | Rubber and rubber articles | 3.04 | Wood and wood articles, charcoal | 4.51 |
| 7 | Plastic and plastic articles | 2.75 | Meat and edible meat offal | 3.83 |
| 8 | Mineral fuels, oils | 2.50 | Cereals | 3.69 |
| 9 | Optical, medical, scientific, technical instrumentation | 1.28 | Fats, oils and waxes | 2.61 |
| 10 | Pearls, precious stones or metals | 1.08 | Electrical machinery and equipment | 2.61 |
| Top 10 as % of total from South Korea | 89.81 | Top 10 as % of total to South Korea | 77.85 | |
| South Korean imports as % of Cdn total | 1.38 | South Korean exports as % of Cdn total | 0.86 | |
Source: Trade Data Online. Industry Canada. 9 March 2013. http://www.ic.gc.ca/eic/site/tdo-dcd.nsf/eng/Home
Reproduced with the permission of the Minister of Public Works and Government Services Canada.
Note: All merchandise is assigned Harmonised System (HS) codes in order that accurate trade records can be kept, tariffs collected appropriately, customs procedures followed, and so forth. The HS system of codes, at its most disaggregated, assigns a 10-digit code to a given item. As the degree of aggregation increases, the number of digits in the code decreases. Thus, for example, the 6-digit HS code assigned to a motor vehicle with a spark-type ignition and a cylinder capacity of more than 3000 cc is 870323. The 2-digit HS code (in this case it is 87) includes not only this type of vehicle, but also many other types of vehicles and a wide variety of vehicle accessories and parts. The table above is based on Harmonised System (HS) codes at the 2-digit level. To learn more about the HS Code system used by Statistics Canada go to http://www.ic.gc.ca/eic/site/tdo-dcd.nsf/eng/h_00048.html