FACTBOX-Trade between South Korea and the U.S.

(Reuters) - South Korean and the United States on Monday agreed a trade pacts after nine months of negotiations.

Following are some details about the economic relationship between South Korea and the United States.

ECONOMIC SIZE AND TRADE VOLUME

Two-way goods trade totalled more than $71.5 billion (36 billion pounds) in 2005, with South Korea having a surplus of more than $16 billion.

The United States was South Korea's third-largest trading partner in 2005 after China and Japan. South Korea was the seventh-largest U.S. trading partner.

TRADE IN GOODS

The largest sector for two-way trade in 2005 was automobiles. South Korea exported 709,000 vehicles and imported 5,500.

Nearly a third of South Korea's car exports go to the United States, the Korea International Trade Association said.

South Korea's next largest export was mobile phones and other wireless communications devices, followed by semiconductors.