![]() Overview In August 2023 South Korea exported $51.7B and imported $51B, resulting in a positive trade balance of $797M. Location South Korea borders North Korea by land and China and Japan by sea. In 2021, South Korea was the world's biggest importer of Inorganic Salts ($1.06B), Nitrile Compounds ($793M), Molybdenum Ore ($743M), Starch Residue ($562M), and Furskin Apparel ($287M) Imports The top imports of South Korea are Crude Petroleum ($60.6B), Integrated Circuits ($47.4B), Petroleum Gas ($24.5B), Refined Petroleum ($24.3B), and Photo Lab Equipment ($16.6B), importing mostly from China ($140B), United States ($66.4B), Japan ($51.1B), Australia ($29.4B), and Vietnam ($22.6B). In 2021, South Korea was the world's biggest exporter of Passenger and Cargo Ships ($17.7B), Blank Audio Media ($10.8B), Cyclic Hydrocarbons ($8.62B), Special Purpose Ships ($4.92B), and Styrene Polymers ($4.65B) Įxports The top exports of South Korea are Integrated Circuits ($116B), Cars ($44.7B), Refined Petroleum ($36.4B), Motor vehicles parts and accessories (8701 to 8705) ($19.3B), and Office Machine Parts ($18B), exporting mostly to China ($158B), United States ($95.9B), Vietnam ($56.5B), Hong Kong ($38.2B), and Japan ($30.1B). Otherwise you will lose your right to the registration number.Overview In 2021, South Korea was the number 10 economy in the world in terms of GDP (current US$), the number 5 in total exports, the number 9 in total imports, the number 28 economy in terms of GDP per capita (current US$) and the number 4 most complex economy according to the Economic Complexity Index (ECI). You will need to transfer or retain your personalised registration (external link) before exporting your vehicle. Moving your Vehicle Between Great Britain and Northern Irelandįill in the change of address section in your log book and send it to DVLA. If the ‘permanent export’ section is not in the log book, send a letter to DVLA to tell them you have taken the vehicle out of the country. If the ‘Permanent Export’ Section is Missing Where DVLA can send the vehicle tax refund Send a letter to DVLA to tell them you have taken the vehicle out of the country. If you Cannot Get a Vehicle Log Book (V5C)Ĭontact the driving authority of the country you are taking the vehicle to - they will tell you how to register your vehicle. ![]() Where DVLA can send the vehicle tax refund (if you are entitled to one) The date you took the vehicle out of the country You also need to send a letter to DVLA to tell them you have taken the vehicle out of the country. They will tell you what documents you will need to provide to register the vehicle there. When you get your log book, fill in and send the ‘permanent export’ section to DVLA.Ĭontact the driving authority of the country you are taking the vehicle to. ![]() It can take up to:ĭVLA cannot send a vehicle log book (V5C) to an address outside the UK. You need to get a vehicle log book (external link) (V5C) before you leave the UK. If you do not have a Vehicle Log Book (V5C) They must give you the full log book (V5C) - not just the new keeper slip. If you are buying a vehicle to take abroad make sure the seller follows the correct process (external link) for vehicles that will be registered in another country. The refund is worked out from the date DVLA gets your ‘permanent export’ section. You will usually get any refund on your vehicle tax in 4 to 6 weeks. Update the address on your driving licence if you are moving home (external link). Keep the rest of your log book (V5C) - you need it to register your vehicle in the country you are taking it to. Include a letter if you have moved abroad and want your vehicle tax refund (if you are entitled to one) sent to your new address. This is known as permanent export.įill in the ‘permanent export’ section of your vehicle log book (V5C). You must tell DVLA if you are taking your vehicle out of the UK, including to the Channel Islands (Jersey and Guernsey), Isle of Man or Ireland, for 12 months or more. Act now so you can travel as planned (external link).The rules for passports, driving, EHIC cards, pet travel and more may change from 1 January 2021
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