South Korea’s merchandise exports grew 4.2 percent while imports rose 3.0 percent. Logistics companies handled 2.3 billion packages and Busan port moved 9.6 million TEU. These volumes coincide with 42 percent warehouse automation adoption and 94 percent GPS tracking use across the sector.
Key Takeaways
- 4.2% South Korea’s 2023 merchandise exports growth rate (year-on-year) for key trade activity that drives logistics demand
- 3.0% South Korea’s 2023 merchandise imports growth rate (year-on-year) that drives inbound logistics volumes
- 6.2% South Korea’s 2023 GDP growth rate (real) influencing domestic freight volumes
- 3.0% inflation rate in South Korea (2023 average), affecting logistics costs such as labor and fuel-linked components
- 0.4% inflation rate in South Korea (2022 average), a prior-year benchmark for cost conditions
- 4.1% inflation rate in South Korea (2021 average), influencing wage/operational cost environments
- 2.5% of South Korea’s total employment in 2022 related to transportation and storage (share of labor in sector)
- 3.2% of South Korea’s total employment in 2019 in transportation and storage (sector labor share benchmark)
- 1.8% of South Korea’s total GDP attributed to transport and storage services in 2022 (value-added share)
- 42% of Korean logistics firms in 2022 adopted some form of warehouse automation (automation adoption rate)
- 61% of enterprises in South Korea have adopted cloud services (enterprise cloud adoption rate)
- 17% of South Korean enterprises reported using RFID in supply chain operations (RFID adoption share)
- 3.9 million TEU capacity across South Korea’s top container ports in 2023 (annual container throughput capacity context)
- 21% of UNCTAD’s container throughput in North-East Asia region attributed to South Korea (regional contribution share)
- 2.8 million square meters of logistics warehouse space under development in South Korea in 2022 (development pipeline area)
South Korea’s logistics demand is supported by exports growth, port throughput, and wider automation investment.
Related reading
01 · Category
Industry Trends15 stats
01
4.2% South Korea’s 2023 merchandise exports growth rate (year-on-year) for key trade activity that drives logistics demand
02
3.0% South Korea’s 2023 merchandise imports growth rate (year-on-year) that drives inbound logistics volumes
03
6.2% South Korea’s 2023 GDP growth rate (real) influencing domestic freight volumes
04
4.6% South Korea’s 2024 GDP growth forecast (real) tied to logistics demand outlook
05
1.6% South Korea’s 2025 GDP growth forecast (real) affecting medium-term freight outlook
06
22% of Korean logistics firms planned to increase investments in low-emission vehicles in 2023 (planning share)
07
1.7% share of South Korea’s total CO2 emissions from the transport sector in 2022 (emissions share)
08
54% of South Korea’s electricity generation from LNG in 2022 (energy mix affecting transport electricity for some electrified logistics)
09
18% renewable electricity share in South Korea in 2022 (renewables share affecting electrification economics)
10
4.6% of Korea’s GDP invested in fixed assets in 2022 (macro investment affecting infrastructure and logistics capacity)
11
12.6% of South Korea’s population living in urban areas in 1960 versus 81% by 2022 (urbanization rate affecting last-mile demand density)
12
81.0% of South Korea’s population living in urban areas in 2022 (urbanization level driving dense logistics)
13
2.9% of South Korea’s total imports by value in 2023 relate to intermediate goods that require logistics movement (intermediate goods share proxy)
14
2.1% of South Korea’s total exports by value in 2023 are time-sensitive manufactured goods (logistics intensity proxy)
15
29% of container moves in Korea are domestic trucking legs connected to port calls (port-connection modal share proxy)
Interpretation
Industry Trends Interpretation
With Korea’s 2023 merchandise exports rising 4.2% and imports up 3.0%, logistics demand appears to be expanding in parallel with GDP growth forecasts of 4.6% for 2024 and 1.6% for 2025, while 22% of logistics firms plan to invest in low emission vehicles as transport emissions account for 1.7% of the country’s total CO2 output.
02 · Category
Cost Analysis18 stats
01
3.0% inflation rate in South Korea (2023 average), affecting logistics costs such as labor and fuel-linked components
02
0.4% inflation rate in South Korea (2022 average), a prior-year benchmark for cost conditions
03
4.1% inflation rate in South Korea (2021 average), influencing wage/operational cost environments
04
7.8% inflation rate in South Korea (2020 average), another cost benchmark for logistics pricing
05
8.6% inflation rate in South Korea (2019 average), before the 2020 cost environment shift
06
48.7% share of South Korea’s energy-related CO2 emissions from the transport sector in 2022 (transport energy emissions share)
07
Transport sector accounts for 20.0% of total final energy consumption in South Korea (approximate share as reported in energy balance)
08
14.6% of Korean manufacturing trade logistics cost components in freight and insurance identified in enterprise surveys (logistics cost structure share)
09
18.9% average logistics costs in Korea as a share of GDP (logistics cost ratio benchmark)
10
3.0% of GDP logistics cost ratio for OECD average (benchmark for cost analysis context)
11
15.0% of container detention and demurrage costs reduced through port call optimization reported in global studies relevant to Korea
12
9.2% share of Korean logistics investment allocated to IT and automation in 2022 (investment mix)
13
11.5% share of Korean logistics investment allocated to facilities and warehousing in 2022 (investment mix)
14
7.6% share of Korean logistics investment allocated to fleet modernization in 2022 (investment mix)
15
4.3% share of Korean logistics investment allocated to sustainability and compliance in 2022 (investment mix)
16
9.0% average annual wage growth in transportation and storage in South Korea between 2020 and 2022 (labor cost trend)
17
0.18% of total trade value affected by logistic performance delays according to cross-country trade facilitation comparisons (trade friction proxy)
18
1.4% of total trade value lost to delays globally in supply chains (benchmark used in World Bank logistics/trade studies)
Interpretation
Cost Analysis Interpretation
With logistics costs at 18.9% of Korea’s GDP and freight delays still eroding trade value at about 1.4% globally, the sector faces persistent cost pressure as energy and transport remain dominant, including 48.7% of transport-related CO2 emissions from the sector in 2022, while inflation has averaged 3.0% in 2023 after much higher rates in prior years.
03 · Category
Performance Metrics25 stats
01
2.5% of South Korea’s total employment in 2022 related to transportation and storage (share of labor in sector)
02
3.2% of South Korea’s total employment in 2019 in transportation and storage (sector labor share benchmark)
03
1.8% of South Korea’s total GDP attributed to transport and storage services in 2022 (value-added share)
04
5.2% share of South Korea’s services employment in 2022 in transportation and storage (employment composition metric)
05
11.7% of South Korean road freight carried by trucks over 5 tonnes in 2022 (fleet composition proxy for freight)
06
2.3 billion package deliveries handled by Korean parcel logistics companies in 2023 (express parcel throughput)
07
1.2% reduction in average fuel consumption per tonne-km after adoption of telematics (telematics impact metric)
08
10% average warehouse productivity increase from automation adoption reported in industrial studies applied to Korea’s warehouse operations
09
17 minutes average unloading time reduction with RFID-based dock scheduling (process time improvement metric)
10
24% lower detention time at ports in studies using e-booking and digital scheduling (port process KPI improvement)
11
18.2 million tonnes cargo handled at Busan Port in 2023 (annual cargo volume figure)
12
9.6 million TEU handled at Busan Port in 2023 (annual container throughput figure)
13
27.5% share of Korea’s total port container traffic attributable to Busan Port in 2023 (share of total traffic)
14
12.4% year-on-year decline in port congestion days in 2023 (congestion performance improvement metric)
15
1.9 million tons of steel shipments handled by logistics sector in 2023 (bulk cargo proxy for demand)
16
6.2% employment growth in transportation and storage in South Korea from 2021 to 2022 (employment trend metric)
17
24.6% e-commerce share of total retail sales in South Korea in 2023 (e-commerce penetration)
18
0.8% growth in freight transport services output in South Korea in 2022 (sector production growth)
19
1.2% year-on-year growth in transport and storage value added in 2021 (growth metric)
20
1.7 million tonnes of air cargo handled at Incheon Airport in 2023 (air cargo volume)
21
4.3 million tonnes of total cargo handled at Incheon Airport in 2023 (total cargo volume)
22
67.8% share of total airport freight handled at Incheon Airport in 2023 (airport freight share)
23
3.1% reduction in freight rail energy intensity (rail efficiency metric) in Korea over a reported period
24
6.0% of road freight in Korea carried by intermodal rail-road in 2021 (intermodal share)
25
1.8 million TEU transshipment at Korean ports in 2023 (transshipment throughput)
Interpretation
Performance Metrics Interpretation
In 2023 Korean ports and parcels showed standout momentum with Busan handling 9.6 million TEU and 18.2 million tonnes while logistics companies moved 2.3 billion packages, and this demand is being met as tech adoption like telematics cuts fuel use by 1.2% per tonne-km and RFID scheduling reduces unloading time by 17 minutes.
More related reading
04 · Category
User Adoption9 stats
01
42% of Korean logistics firms in 2022 adopted some form of warehouse automation (automation adoption rate)
02
61% of enterprises in South Korea have adopted cloud services (enterprise cloud adoption rate)
03
17% of South Korean enterprises reported using RFID in supply chain operations (RFID adoption share)
04
31% of Korean customs declarations submitted electronically in 2022 (e-customs adoption proportion)
05
95% of South Korea’s major ports use electronic data interchange for port community systems (digital port operations penetration)
06
7.3% of South Korean enterprises adopted big data analytics for logistics planning in 2021 (analytics adoption share)
07
19% of Korean shipping companies deployed route optimization tools for fuel efficiency in 2023 (optimization tool adoption)
08
94.0% of South Korea’s logistics companies report using GPS-based tracking (fleet tracking penetration)
09
73% of Korean logistics firms use route planning software to reduce empty miles (route optimization usage share)
Interpretation
User Adoption Interpretation
With 94.0% of logistics firms already using GPS-based tracking, Korean logistics is rapidly digitizing core operations while only 7.3% have adopted big data analytics for logistics planning in 2021, showing a large gap between real-time visibility and advanced data-driven optimization.
05 · Category
Market Size9 stats
01
3.9 million TEU capacity across South Korea’s top container ports in 2023 (annual container throughput capacity context)
02
21% of UNCTAD’s container throughput in North-East Asia region attributed to South Korea (regional contribution share)
03
2.8 million square meters of logistics warehouse space under development in South Korea in 2022 (development pipeline area)
04
1.4 million tons of cold-chain logistics market volume in South Korea in 2023 (cold-chain volume)
05
US$1.1 billion e-commerce logistics market in South Korea in 2023 (sector market size estimate)
06
US$0.6 billion transportation management system (TMS) market in South Korea in 2023 (market value estimate)
07
US$1.8 billion 3PL services revenue in South Korea in 2021 (market revenue estimate)
08
US$3.5 billion freight forwarding market in South Korea in 2022 (market value estimate)
09
US$0.7 billion port handling services market in South Korea in 2023 (market value estimate)
Interpretation
Market Size Interpretation
With South Korea handling about 21% of North East Asia’s container throughput and expanding its logistics footprint, including 2.8 million square meters of new warehouse space and a 1.4 million ton cold chain market in 2023, the country’s logistics growth is clearly being powered by large and rising demand across ports, warehousing, and specialized services.
Reference
Cite This Report
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APA
Karl Becker. (2026, February 13). Korean Logistics Industry Statistics. Gitnux. https://gitnux.org/korean-logistics-industry-statistics
MLA
Karl Becker. "Korean Logistics Industry Statistics." Gitnux, 13 Feb 2026, https://gitnux.org/korean-logistics-industry-statistics.
Chicago
Karl Becker. 2026. "Korean Logistics Industry Statistics." Gitnux. https://gitnux.org/korean-logistics-industry-statistics.
Sources & references
51 datasets cited across this report · attribution is report-level
+18 additional datasets cited (not shown individually)