Key Market Indicators
The freight volume in South Korea is projected to increase to approximately 152,530 million tonne kilometers by 2028, up from 148,390 million tonne kilometers in 2023. This represents an average annual growth rate of 0.4%. Since 2006, however, South Korea's freight supply has experienced a decline of 0.4% per year. In 2023, South Korea ranked 10th globally in terms of freight volume, with Italy overtaking it at the same level of 148,390 million tonne kilometers. Kazakhstan, Germany, and Poland secured the second, third, and fourth positions respectively in this global ranking.
