South Korea details extent of US imports

16 January 2017

South Korea has imported military equipment from the United States worth an average of about USD3 billion a year over the past decade, according to Ministry of National Defense (MND) statistics published by South Korea's Yonhap news agency.

The total value of imports in the 10 years until October 2016 was KRW36 trillion (USD30.5 billion), which makes the United States by far the biggest defence exporter to South Korea.

The MND statistics also show that the majority of South Korean military acquisitions were channelled through the US Foreign Military Sale (FMS) mechanism. FMS programmes were valued at KRW26.96 trillion, with the remainder through direct commercial sales.

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