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Written question asked by Lord Hoyle (Labour), in the House of Lords. It was answered by Lord Wallace of Saltaire (Liberal Democrat) on Monday, 26 March 2012 on behalf of the UK Statistics Authority.


South Korea

Question
To ask Her Majesty's Government what is the total annual value of imports into the United Kingdom from South Korea; and what is the total annual value of the United Kingdom's exports to South Korea.
Answer

The information requested falls within the responsibility of the UK Statistics Authority. I have asked the authority to reply. Letter from Stephen Penneck, Director General for ONS, to Lord Hoyle, dated March 2012. As Director General for the Office for National Statistics. I have been asked to reply to your Parliamentary Question to asking what is the total annual value of imports into the United Kingdom from South Korea and what is the total annual value of the United Kingdom's exports to South Korea. HL16461 For 2011. total United Kingdom imports of goods from South Korea totalled £2.6 billion. Total United Kingdom exports of goods to South Korea totalled £2.7 billion. This means that in 2011, the United Kingdom held a slight trade in goods surplus with South Korea of £0.1 billion. Figures for trade in services with South Korea for 2011 are not yet available Attached is a table showing imports and exports of i) trade in goods ii) trade in services iii) total trade in goods and services with South Korea in each of the years 1998 to 2010. The table also includes trade in goods data for 2011. The annual trade data are published in the UK Balance of Payments Pink Book available on the National Statistics web site at: http://www.ons.gov.uk/ons/rel/bop/united-kingdom-balance-of-payments/2011/bod-pink-book-2011.pdf.

Table showing UK trade with South Korea [HL16461]
£ million UK Trade in goods imports UK Trade in services imports UK Total trade imports UK Trade in goods exports UK Trade in services exports UK Total trade exports
1998 2,178 129 2,307 673 491 1,164
1999 2,745 135 2,880 948 411 1,359
2000 3,382 141 3,523 1,346 396 1,742
2001 2,751 179 2,930 1,259 428 1,687
2002 2,717 185 2,902 1,479 505 1,984
2003 2,553 186 2,739 1,476 472 1,948
2004 3,069 246 3,315 1,480 912 2,392
2005 3,035 254 3,289 1,676 737 2,413
2006 3,056 254 3,310 1,740 869 2,609
2007 2,990 321 3,311 1,852 980 2,832
2008 3,509 404 3,913 2,553 1,111 3,664
2009 2,862 364 3,226 2,167 921 3,088
2010 2,564 351 2,914 2,344 1,123 3,467
2011 2,614 n/a n/a 2,700 n/a n/a

"Sources: 2011 Edition UK Balance of Payments Pink Book and January 2012 UK Trade statistical bulletin"


Secondary information

Type
Written question
Reference
16461; 736 c222-3WA
Session
2010-12
Subjects
Exports Imports South Korea
Contains statistics
Yes
Link
View this Written question on www.publications.parliament.uk