Korea-China competition index
Korea-China competition index hidden behind the No. 1 position in exports to China
At the time of regaining the No. 1 position, the indicators for technological prowess, price, and product overlap all moved in a direction unfavorable to Korea.

Comprehensive technological prowess (US=100, 2024)

China
86.8
Korea
Approx. 83

Chinese intermediate goods (Korea=100, 2023)

Quality
80
Price
60

Overlap ratio of top 10 export items

2019
65%
2026
74%

China's processing trade ratio

2014
27%
2026
19%
Source: Cited from Korea International Finance Center (2026.9.22), Presidential Advisory Council on Science and Technology, KIET, Korea International Trade Association.