According to an analysis of remittances in South Korea in 2018, payment of customs import fees was the top reason for outbound remittances to the top destination countries, such as the U.S., China, Germany, and Japan. In the case of China, Germany, and Japan, these fees accounted for more than half of all remittances, and in all the top destination countries they made up at least thirty percent of all remittances.
Share of customs import fees of the total remittances from South Korea in 2018, by country
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Hana Bank. (July 5, 2019). Share of customs import fees of the total remittances from South Korea in 2018, by country [Graph]. In Statista. Retrieved May 31, 2023, from https://www.statista.com/statistics/1079113/south-korea-customs-import-fees-share-of-remittances-by-country/
Hana Bank. "Share of customs import fees of the total remittances from South Korea in 2018, by country." Chart. July 5, 2019. Statista. Accessed May 31, 2023. https://www.statista.com/statistics/1079113/south-korea-customs-import-fees-share-of-remittances-by-country/
Hana Bank. (2019). Share of customs import fees of the total remittances from South Korea in 2018, by country. Statista. Statista Inc.. Accessed: May 31, 2023. https://www.statista.com/statistics/1079113/south-korea-customs-import-fees-share-of-remittances-by-country/
Hana Bank. "Share of Customs Import Fees of The Total Remittances from South Korea in 2018, by Country." Statista, Statista Inc., 5 Jul 2019, https://www.statista.com/statistics/1079113/south-korea-customs-import-fees-share-of-remittances-by-country/
Hana Bank, Share of customs import fees of the total remittances from South Korea in 2018, by country Statista, https://www.statista.com/statistics/1079113/south-korea-customs-import-fees-share-of-remittances-by-country/ (last visited May 31, 2023)
Share of customs import fees of the total remittances from South Korea in 2018, by country [Graph], Hana Bank, July 5, 2019. [Online]. Available: https://www.statista.com/statistics/1079113/south-korea-customs-import-fees-share-of-remittances-by-country/