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

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

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

## Route overview

In 2024, South Korea reported $15.7B in goods exports to Australia. The overall review level is Watch.

## 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 | $15.7B | 2024 route total |
| Exports needing review | 31.3% | Share of route exports |
| Highest-priority products | 8 | Need the closest review |
| Products needing review | 152 | High-attention product types |
| Export volatility | 1.2 | Higher means bigger yearly swings |
| Below highest year | 21% | Compared with the route's best year |

## Product types to review

| Rank | HS6 | Product | Buyer-market imports | Below product high | Review level |
| ---: | --- | --- | ---: | ---: | --- |
| 1 | 271019 | Not reported | $24.7B | 21.7% | Watch |
| 2 | 271012 | Not reported | $6.7B | 3.9% | High attention |
| 3 | 870323 | Vehicles: spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 1500cc but not exceeding 3000cc | $6.9B | 5.6% | Stable |
| 4 | 870332 | Vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), cylinder capacity exceeding 1500cc but not exceeding 2500cc | $1.5B | 38.3% | High attention |
| 5 | 870340 | Vehicles: with both spark-ignition internal combustion piston engine and electric motor for propulsion, incapable of being charged by plugging to external source of electric power | $4.5B | 0% | High attention |
| 6 | 870380 | Vehicles: with only electric motor for propulsion | $3.2B | 50.3% | Critical attention |
| 7 | 850710 | Electric accumulators: lead-acid, of a kind used for starting piston engines, including separators, whether or not rectangular (including square) | $291.3M | 0% | High attention |
| 8 | 860310 | Railway or tramway coaches, vans and trucks: self-propelled, powered from an external source of electricity (excluding those of heading no. 8604) | $175.2M | 32.7% | High attention |
| 9 | 870324 | Vehicles: spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000cc | $1.5B | 36.5% | Stable |
| 10 | 870421 | Vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a gvw not exceeding 5 tonnes), n.e.c. in item no 8704.1 | $5.9B | 4% | 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.