20,970 bbl/day (2007 est.)

Oil - consumption:

2.214 million bbl/day (2007 est.)

Oil - exports:

NA bbl/day

Oil - imports:

2.41 million bbl/day (2006)

Oil - proved reserves:

0 bbl (1 January 2006 est.)

Natural gas - production:

390 million cu m (2007 est.)

Natural gas - consumption:

34.83 billion cu m (2007 est.)

Natural gas - exports:

0 cu m (2007 est.)

Natural gas - imports:

33.38 billion cu m (2007 est.)

Natural gas - proved reserves:

0 cu m (1 January 2006 est.)

Current account balance:

$5.954 billion (2007 est.)

Exports:

$379 billion f.o.b. (2007 est.)

Exports - commodities:

semiconductors, wireless telecommunications equipment, motor
vehicles, computers, steel, ships, petrochemicals

Exports - partners:

China 22.1%, US 12.4%, Japan 7.1%, Hong Kong 5% (2007)

Imports:

$349.6 billion f.o.b. (2007 est.)

Imports - commodities:

machinery, electronics and electronic equipment, oil, steel,
transport equipment, organic chemicals, plastics

Imports - partners:

China 17.7%, Japan 15.8%, US 10.5%, Saudi Arabia 5.9% (2007)

Economic aid - donor:

ODA, $455.3 million (2006)

Economic aid - recipient:

$68.07 million (2004)

Reserves of foreign exchange and gold:

$262.2 billion (31 December 2007)

Debt - external:

$220.1 billion (31 December 2007)

Stock of direct foreign investment - at home:

$119.6 billion (2007 est.)

Stock of direct foreign investment - abroad:

$82.1 billion (2006)

Market value of publicly traded shares:

$1.051 trillion (2007)

Currency (code):

South Korean won (KRW)

Currency code:

KRW

Exchange rates:

South Korean won (KRW) per US dollar - 929.2 (2007), 954.8 (2006),
1,024.1 (2005), 1,145.3 (2004), 1,191.6 (2003)

Communications
Korea, South

Telephones - main lines in use:

23.905 million (2007)

Telephones - mobile cellular:

43.5 million (2007)

Telephone system:

general assessment: excellent domestic and international services
featuring rapid incorporation of new technologies
domestic: combined fixed-line and mobile-cellular telephone
subscribership exceeds 140 per 100 persons; rapid assimilation of a
full range of telecommunications technologies leading to a boom in
e-commerce
international: country code - 82; numerous submarine cables provide
links throughout Asia, Australia, the Middle East, Europe, and US;