South Korea's reliance on trade fell to the lowest level in three years last year due to a slump in exports.
According to data compiled by Statistics Korea on Sunday, the reliance on trade, measured by dividing the country's total trade by gross domestic product, came to 63-point-51 percent last year, down two-point-57 percentage points from a year earlier.
The 2019 reading marks the lowest since 2016, when the comparable figure was 60-point-11 percent.
The country's reliance on exports slipped to a 12-year low to 32-point-94 percent last year, the lowest since 2007 when the reading was 31-point-68 percent.
Moreover, the reliance on imports fell to a three-year low to 30-point-57 percent.
South Korea's reliance on trade is higher than advanced countries such as the United States and Japan.