# Australia exports to South Korea: Trade Route Risk | Yugalinks

Understand reported exports from Australia to South Korea, the product routes that need a closer look, and the conditions that may affect planning.

Canonical: https://www.yugalinks.com/trade/corridor/AUS-KOR/risk

## Route overview

In 2024, Australia reported $27.7B in goods exports to South Korea. The overall review level is High attention.

## How to read this page

High attention means one or more conditions on these product types deserve a closer look. It is not a prediction that trade will stop or that a loss is certain. An HS6 code is the international six-digit code used to describe and compare traded goods.

## Key numbers

| Measure | Value | What it means |
| --- | ---: | --- |
| Latest reported exports | $27.7B | 2024 route total |
| Exports needing review | 60.8% | Share of route exports |
| Highest-priority products | 6 | Need the closest review |
| Products needing review | 98 | High-attention product types |
| Export volatility | 1 | Higher means bigger yearly swings |
| Below highest year | 39.9% | Compared with the route's best year |

## Product types to review

| Rank | HS6 | Product | Buyer-market imports | Below product high | Review level |
| ---: | --- | --- | ---: | ---: | --- |
| 1 | 271111 | Petroleum gases and other gaseous hydrocarbons: liquefied, natural gas | $27.1B | 50% | High attention |
| 2 | 270112 | Coal: bituminous, whether or not pulverised, but not agglomerated | $12.4B | 52.8% | Watch |
| 3 | 260111 | Iron ores and concentrates: non-agglomerated | $6.4B | 35.5% | High attention |
| 4 | 270900 | Oils: petroleum oils and oils obtained from bituminous minerals, crude | $76.4B | 26.1% | Stable |
| 5 | 760110 | Aluminium: unwrought, (not alloyed) | $2.7B | 7.8% | Stable |
| 6 | 710812 | Metals: gold, non-monetary, unwrought (but not powder) | $1.9B | 61.3% | Critical attention |
| 7 | 020230 | Meat: of bovine animals, boneless cuts, frozen | $1.5B | 0% | High attention |
| 8 | 260300 | Copper ores and concentrates | $4.7B | 58.4% | Watch |
| 9 | 710813 | Metals: gold, semi-manufactured | $645.6M | 36.8% | High attention |
| 10 | 100199 | Cereals: wheat and meslin, other than durum wheat, other than seed | $1.2B | 52.1% | High attention |

## Data sources

- Primary trade series: OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29). [OECD Data Explorer](https://data-explorer.oecd.org/) - [OECD Terms & Conditions](https://www.oecd.org/termsandconditions/)
- CEPII BACI bilateral trade flows (202601): [dataset page](https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37) - [BACI documentation](https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html) - [Etalab 2.0 Open Licence](https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf)

This page presents derived Yugalinks views of reported observations and calculated indicators.