United States: Imports of Goods by Country - Korea

Macro

2026-05-09

Description

-

Published by
U.S. Bureau of Economic Analysis (Choice)
Frequency
Monthly
Next Update

AI Data Insight

In April 2026, the value of US goods imported from South Korea fell to USD 0.0 million, continuing the standstill from the previous month and representing a cliff-edge decline compared to the USD 12.85 billion in February. Affected by the comprehensive 25% US tariffs imposed on automobiles and semiconductors, South Korea's electric vehicle exports to the US plummeted by nearly 90%. As South Korea's import market share in the US hits its lowest level since 1988, bilateral trade data is unlikely to escape lingering at the bottom in the short term.

AI Data Insight

In April 2026, the value of US goods imported from South Korea fell to USD 0.0 million, continuing the standstill from the previous month and representing a cliff-edge decline compared to the USD 12.85 billion in February. Affected by the comprehensive 25% US tariffs imposed on automobiles and semiconductors, South Korea's electric vehicle exports to the US plummeted by nearly 90%. As South Korea's import market share in the US hits its lowest level since 1988, bilateral trade data is unlikely to escape lingering at the bottom in the short term.

Description

-

Published by
U.S. Bureau of Economic Analysis (Choice)
Frequency
Monthly
Next Update