Opportunities for U.S. Exporters Under the U.S.-Korea Trade Agreement
The U.S.-Korea Free Trade Agreement entered into force on March 15, 2012. If you’re an American exporter, here are resources to answer your questions about the U.S.-Korea trade agreement:
• Check out the FTA Tariff Tool to find out the tariff levels for your products, and other information about market access under the agreement.
The United States and the Republic of Korea signed the United States-Korea Free Trade Agreement (KORUS FTA) on June 30, 2007.
Korea Trade Summary
U.S. goods and services (exports plus imports) trade with Korea totaled an estimated $239.0 billion in 2025, down 0.1 percent ($226.1 million) from 2024.
U.S. goods trade (exports plus imports) with Korea totaled an estimated $194.6 billion in 2025. U.S. goods exports to Korea in 2025 were $69.1 billion, up 5.0 percent ($3.3 billion) from 2024. U.S. goods imports from Korea totaled $125.5 billion in 2025, down 4.5 percent ($5.9 billion) from 2024. The U.S. goods trade deficit with Korea was $56.5 billion in 2025, a 14 percent decrease ($9.2 billion) over 2024.
U.S. services trade (exports plus imports) with Korea totaled an estimated $44.4 billion in 2025. U.S. services exports to Korea in 2025 were $28.9 billion, up 5.2 percent ($1.4 billion) from 2024. U.S. services imports from Korea in 2025 were $15.5 billion, up 6.6 percent ($960.0 million) from 2024. The U.S. services trade surplus with Korea was $13.3 billion in 2025, a 3.6 percent increase ($468.0 million) over 2024.
Note: FTA entered into force March 15, 2012
