South Korean products captured a share of three-point-two percent in the U.S. imported goods market last year, the highest since three-point-31 percent recorded in 2000.
 
In a report evaluating the effects of the South Korea-U.S. Free Trade Agreement over the last four years, the Seoul-based Institute for International Trade said Monday that despite unfavorable external conditions on the rise, South Korea’s exports to the U.S. remained stable in 2015, with some items benefiting from the trade pact.
 
South Korea’s market share in the U.S. has been continuing its growth since 2008. In particular, it jumped remarkably from two-point-59 percent in 2012 to two-point-75 percent in 2013, following the signing of the bilateral trade deal. The market share reached two-point-97 percent in 2014.
 
However, the value of South Korea’s exports to the U.S. shrank by zero-point-six percent to 69-point-83 billion U.S. dollars last year compared to 2014.