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Overview
Production
Status of ICT production
(unit : Trillion Won, %)
| 2016 | 2017 | 2018 | 2019 | ||
|---|---|---|---|---|---|
| Electronics & ICT | 431.0 (100.0) |
471.7 (100.0) |
497.3 (100.0) |
466.0 (100.0) |
|
| Device/Appliance | 309.0 (71.7) |
342.8 (72.7) |
365.5 (73.5) |
322.7 (69.2) |
|
| Service | 72.7 (16.9) |
74.9 (15.9) |
76.2 (15.3) |
78.2 (16.8) |
|
| Software | 49.3 (11.4) |
54.0 (11.4) |
55.5 (11.2) |
65.0 (13.9) |
|
※ Source: MSIT, KAIT, KEA
In 2019, Electronics & ICT production decreased 6.3% over last year.
Trade
Status of ICT trade
(unit : 100 Million dollar, %)
| Divisions | 2019 | 2020 | 2021 | |||
|---|---|---|---|---|---|---|
| Whole Industries |
ICT | Whole Industries |
ICT | Whole Industries | ICT | |
| Export (Growth Rate) |
5,422 (-10.4) |
1,769 (-19.7) |
5,125 (-5.5) |
1,835 (3.8) |
6,445 (25.8) |
2,276 (24.0) |
| Proportion | - | 32.6 | - | 35.8 | 35.3 | |
| Import (Growth Rate) |
5,033 (-6.0) |
1,084 (1.2) |
4,676 (-7.1) |
1,126 (3.9) |
6,151 (31.5) |
1,350 (19.9) |
| Proportion | - | 21.5 | - | 24.1 | 21.9 | |
| Balance of Trade | 389 | 685 | 449 | 709 | 295 | 926 |
※ Source: Korea International Trade Association
In 2021, exports of major products in ICT industry such as semiconductors, panels and mobile phones increased evenly in major markets, exceeding $200 billion, achieving the highest export performance ever.
Export
Electronics & IT industry export 2021 constituted 35.3% of total export.
| Year (Unit:100 Million,%) |
Export | ||
|---|---|---|---|
| Whole Industries | ICT | Growth Rate | |
| 2000 | 1,722.7 | 672.1 | 29.4 |
| 2001 | 1,504.4 | 526.7 | -21.6 |
| 2002 | 1,624.7 | 617.8 | 17.3 |
| 2003 | 1,938.2 | 759.0 | 22.9 |
| 2004 | 2,538.4 | 997.1 | 31.4 |
| 2005 | 2,844.2 | 1,082.5 | 8.6 |
| 2006 | 3,254.6 | 1,191.1 | 10.0 |
| 2007 | 3,714.9 | 1,301.0 | 9.2 |
| 2008 | 4,220.1 | 1,311.6 | 0.8 |
| 2009 | 3,635.3 | 1,209.5 | -7.8 |
| 2010 | 4,663.8 | 1,539.4 | 27.3 |
| 2011 | 5,552.1 | 1,566.2 | 1.7 |
| 2012 | 5,478.7 | 1,552.4 | -0.9 |
| 2013 | 5,596.3 | 1,726.8 | 11.2 |
| 2014 | 5,726.6 | 1,762.3 | 2.1 |
| 2015 | 5,267.6 | 1,728.7 | -1.9 |
| 2016 | 4,954.3 | 1,624.6 | -6.0 |
| 2017 | 5,736.9 | 1,975.7 | 21.6 |
| 2018 | 6,048.6 | 2,203.4 | 11.5 |
| 2019 | 5,422.3 | 1,768.6 | -19.7 |
| 2020 | 5,125.0 | 1,835.1 | 3.8 |
| 2021 | 6,445.4 | 2,276.2 | 24 |
Import
2020 import increased 3.9% over last year.
| Year (Unit:100 Million,%) |
Import | ||
|---|---|---|---|
| Whole Industries | ICT | Growth Rate | |
| 2000 | 1,604.8 | 443.5 | 36.5 |
| 2001 | 1,411.0 | 355.4 | -19.9 |
| 2002 | 1,521.3 | 389.8 | 9.7 |
| 2003 | 1,788.3 | 461.1 | 18.3 |
| 2004 | 2,244.6 | 542.3 | 17.6 |
| 2005 | 2,612.4 | 592.7 | 9.3 |
| 2006 | 3,093.8 | 646.8 | 9.1 |
| 2007 | 3,568.5 | 697.3 | 7.8 |
| 2008 | 4,352.7 | 735.2 | 5.4 |
| 2009 | 3,230.8 | 620.2 | -15.6 |
| 2010 | 4,252.1 | 756.2 | 21.9 |
| 2011 | 5,244.1 | 815.4 | 7.8 |
| 2012 | 5,195.8 | 779.5 | -4.4 |
| 2013 | 5,155.9 | 818.0 | 4.9 |
| 2014 | 5,255.1 | 881.7 | 7.8 |
| 2015 | 4,365.0 | 913.3 | 3.6 |
| 2016 | 4,061.9 | 898.1 | -1.7 |
| 2017 | 4,784.8 | 1,020.7 | 13.7 |
| 2018 | 5,352.0 | 1,071.2 | 4.9 |
| 2019 | 5,033.4 | 1,083.7 | 1.2 |
| 2020 | 4,676.3 | 1,126.3 | 3.9 |
| 2021 | 6,150.5 | 1,350.0 | 19.9 |
Balance of Trade
IT & electronics industry has continuously had trade surplus for the past years, which led to the total surplus of Korea.
| Year (Unit:100 Million,%) |
Balance of Trade | |
|---|---|---|
| Whole Industries | ICT | |
| 2000 | 117.9 | 228.6 |
| 2001 | 93.4 | 171.3 |
| 2002 | 103.4 | 227.9 |
| 2003 | 149.9 | 297.9 |
| 2004 | 293.8 | 454.8 |
| 2005 | 231.8 | 489.9 |
| 2006 | 160.8 | 544.3 |
| 2007 | 146.4 | 603.7 |
| 2008 | -132.7 | 576.4 |
| 2009 | 404.5 | 589.3 |
| 2010 | 411.7 | 783.2 |
| 2011 | 308.0 | 750.8 |
| 2012 | 282.9 | 772.8 |
| 2013 | 440.5 | 908.8 |
| 2014 | 471.5 | 880.7 |
| 2015 | 902.6 | 815.4 |
| 2016 | 892.3 | 726.5 |
| 2017 | 952.2 | 955.0 |
| 2018 | 696.6 | 1,132.2 |
| 2019 | 388.9 | 684.9 |
| 2020 | 448.7 | 708.8 |
| 2021 | 294.9 | 926.2 |
