Republic of Korea vs Latin America & Caribbean (excluding high income): Imports Merchandise, Customs, constant US$, millions

Republic of Korea
642,244
in 2024
Latin America & Caribbean (excluding high income)
780,332
in 2024
Republic of Korea rank
8th
Latin America & Caribbean (excluding high income) rank
5th

Imports Merchandise, Customs, constant US$, millions over time

  • Republic of Korea
  • Latin America & Caribbean (excluding high income)
200.0k400.0k600.0k800.0k199120072024

How they compare

Latin America & Caribbean (excluding high income) currently reports 780,332 against 642,244 in Republic of Korea, a difference of 138,088.

That makes Latin America & Caribbean (excluding high income)'s figure about 1.2 times Republic of Korea's.

The two have swapped places 1 time across 34 shared years of data; in 1991 it was Republic of Korea ahead.

Republic of Korea ranks 8th and Latin America & Caribbean (excluding high income) ranks 5th of 47 countries.

Latin America & Caribbean (excluding high income) has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Republic of Korea Latin America & Caribbean (excluding high income) Difference Ahead
1990s 172,708 207,952 35,244 Latin America & Caribbean (excluding high income)
2000s 317,899 404,818 86,919 Latin America & Caribbean (excluding high income)
2010s 492,812 630,791 137,979 Latin America & Caribbean (excluding high income)
2020s 628,689 710,705 82,017 Latin America & Caribbean (excluding high income)

Averages of every year both report within each decade.

Frequently asked questions

Which has higher imports merchandise, customs, constant us$, millions, Republic of Korea or Latin America & Caribbean (excluding high income)?
Latin America & Caribbean (excluding high income), at 780,332 against 642,244 in Republic of Korea as of 2024.
What is the difference in imports merchandise, customs, constant us$, millions between Republic of Korea and Latin America & Caribbean (excluding high income)?
138,088, with Latin America & Caribbean (excluding high income) ahead.
How many years of comparable data are there for Republic of Korea and Latin America & Caribbean (excluding high income)?
34 years are reported by both, from 1991 to 2024.
How do Republic of Korea and Latin America & Caribbean (excluding high income) rank globally for imports merchandise, customs, constant us$, millions?
Republic of Korea ranks 8th and Latin America & Caribbean (excluding high income) ranks 5th of 47 countries.
Where does this data come from?
World Bank staff calculations based on Datastream and IMF International Finance Statistics data, published as Imports Merchandise, Customs, constant US$, millions. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Republic of Korea vs Latin America & Caribbean (excluding high income): Imports Merchandise, Customs, constant US$, millions. Statizoid, drawing on World Bank staff calculations based on Datastream and IMF International Finance Statistics data. Retrieved 07 September 2026, from https://reference.statizoid.com/compare/imports-merchandise-customs-constant-us-millions/korea-rep/latin-america-and-caribbean-excluding-high-income/

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About this data

Indicator
Imports Merchandise, Customs, constant US$, millions
Source
World Bank staff calculations based on Datastream and IMF International Finance Statistics data
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
54 places, 1,507 data points, 1991–2024
Last refreshed

Merchandise (goods) imports, cost, insurance and freight basis (c.i.f.), in constant US$ millions, not seasonally adjusted. The base year is 2005.