In 2021, the space industry in South Korea recorded an import value of around 230 billion South Korean won. This was a decrease from the previous year. Since 2013, GPS navigation and satellite receivers were added as space industry sub-categories, which led to a large increase in the figures. With the successful launch of the Nuri rocket (also known as KSLV-II) in 2022, South Korea became the seventh country in the world that was able to put in orbit a satellite that weighs over one metric ton.
Import value of the space industry in South Korea from 2011 to 2021
(in billion South Korean won)
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Import value in billion South Korean won
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Figures include companies, research institutes, and universities that provide goods and services related to space development, as well as space equipment manufacturing.
Figures have been rounded.
1,000 South Korean won equals 0.76 U.S. dollars or 0.72 euros as of March 2023.
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Korea Association for Space Technology Promotion. (December 30, 2022). Import value of the space industry in South Korea from 2011 to 2021 (in billion South Korean won) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1372756/south-korea-space-industry-import-value/
Korea Association for Space Technology Promotion. "Import value of the space industry in South Korea from 2011 to 2021 (in billion South Korean won)." Chart. December 30, 2022. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1372756/south-korea-space-industry-import-value/
Korea Association for Space Technology Promotion. (2022). Import value of the space industry in South Korea from 2011 to 2021 (in billion South Korean won). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1372756/south-korea-space-industry-import-value/
Korea Association for Space Technology Promotion. "Import Value of The Space Industry in South Korea from 2011 to 2021 (in Billion South Korean Won)." Statista, Statista Inc., 30 Dec 2022, https://www.statista.com/statistics/1372756/south-korea-space-industry-import-value/
Korea Association for Space Technology Promotion, Import value of the space industry in South Korea from 2011 to 2021 (in billion South Korean won) Statista, https://www.statista.com/statistics/1372756/south-korea-space-industry-import-value/ (last visited July 22, 2024)
Import value of the space industry in South Korea from 2011 to 2021 (in billion South Korean won) [Graph], Korea Association for Space Technology Promotion, December 30, 2022. [Online]. Available: https://www.statista.com/statistics/1372756/south-korea-space-industry-import-value/