Asia ยท Country profile
South Korea
India-South Korea trade corridor: $3.0B bilateral trade, $1.6B FDI into India.
$3.0B
Trade with India
+15.5% YoY
$395.0B
GDP
Nominal
$1.6B
FDI into India
Cumulative
+$0.4B
Trade balance
India surplus
Top exports to South Korea
- Gems and jewellery
- Rice and cereals
- Machinery
Top imports from South Korea
- Scientific instruments
- Machinery
- Aircraft parts
Trade corridor with India
2025: $3.0B ยท 5-yr CAGR 14.0%
Goods trade in USD billion, illustrative demo figures.
Latest South Korea stories
Trade6h ago3 min read
India-South Korea bilateral trade hits a new quarterly high
FDI9h ago4 min read
South Korea investors commit fresh capital to Indian manufacturing
Policy12h ago5 min read
Revised tariff schedule for India-South Korea goods notified
Technology15h ago6 min read
India and South Korea deepen cooperation on digital and AI standards
Policy and tariff watch
| Measure | Change | Status | Date | Alert |
|---|---|---|---|---|
| Import duty on engineering goods | 9% to 0% | In force | Jan 2026 | |
| Rules of origin certification | Digital certificates mandatory | Notified | Mar 2026 | |
| Pharma regulatory recognition | Mutual recognition under review | Consultation | Jun 2026 | |
| Agri products SPS standards | Revised residue limits | Proposed | Sep 2026 | |
| Trade agreement round | Round 5 of negotiations | Negotiating | Dec 2026 |
Upcoming events and delegations
Forum
India-South Korea Business Forum
Feb 2027 ยท New Delhi
Delegation
Trade delegation to South Korea
Apr 2027 ยท South Korea
Buyer meet
South Korea buyers-sellers meet
Nov 2026 ยท Mumbai
Policy
Joint working group on market access
Jan 2027 ยท Virtual