Exports Merchandise, Customs, constant US$, millions, seas. adj. in South Korea

South Korea: Exports Merchandise, Customs, constant US$, millions, seas. adj. was 789,613 in 2024. ◆ Volatile

Latest (2024)
789,613
Change on year
up 6.4%
World rank
6th
of 40 countries
All-time high
789,613
in 2024
All-time low
50,060
in 1991
Years of data
34
1991–2024

Exports Merchandise, Customs, constant US$, millions, seas. adj. in South Korea, 1991–2024

0200.0k400.0k600.0k800.0k1991200720241991: 50.1k1992: 55.4k1993: 59.4k1994: 67.1k1995: 83.0k1996: 94.0k1997: 108.8k1998: 120.0k1999: 135.3k2000: 156.9k2001: 162.8k2002: 182.4k2003: 212.0k2004: 251.4k2005: 270.2k2006: 313.2k2007: 355.6k2008: 388.7k2009: 391.1k2010: 468.6k2011: 534.5k2012: 549.5k2013: 569.5k2014: 596.1k2015: 621.5k2016: 619.3k2017: 659.1k2018: 671.2k2019: 659.0k2020: 662.8k2021: 709.1k2022: 727.4k2023: 742.0k2024: 789.6k

Source: World Bank staff calculations based on Datastream and IMF International Finance Statistics data.

Analysis

The most recent figure for exports merchandise, customs, constant us$, millions, seas. adj. in South Korea is 789,613, measured in 2024. That is the highest value across all 34 years on record.

That represents a change of up 6.4% on the previous year and up 32.5% over ten years.

Over the whole period, exports merchandise, customs, constant us$, millions, seas. adj. in South Korea peaked at 789,613 in 2024 and was at its lowest, 50,060, in 1991.

South Korea ranks 6th of 40 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 85,899 50,060 135,331 9
2000s 268,427 156,947 391,074 10
2010s 594,838 468,601 671,188 10
2020s 726,181 662,810 789,613 5

Countries ranked near South Korea

  1. 3 United States 1.68 million compare
  2. 4 Japan 858,609 compare
  3. 5 Netherlands 839,001 compare
  4. 7 Turkey 739,079 compare
  5. 8 Singapore 517,012 compare
  6. 9 Canada 512,661 compare

See the full ranking of 49 places →

More reference data data for South Korea

All data for South Korea →

Frequently asked questions

What is exports merchandise, customs, constant us$, millions, seas. adj. in South Korea?
Exports merchandise, customs, constant us$, millions, seas. adj. in South Korea was 789,613 in 2024, according to World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
What is the highest exports merchandise, customs, constant us$, millions, seas. adj. recorded in South Korea?
The highest recorded value was 789,613 in 2024.
What is the lowest exports merchandise, customs, constant us$, millions, seas. adj. recorded in South Korea?
The lowest recorded value was 50,060 in 1991.
How does South Korea rank for exports merchandise, customs, constant us$, millions, seas. adj.?
South Korea ranks 6th out of 40 countries with data for 2024.
Is exports merchandise, customs, constant us$, millions, seas. adj. rising or falling in South Korea?
Over the last ten years it is up 32.5%. The long-run trend across the full record is volatile.
Where does this South Korea data come from?
The figures come from World Bank staff calculations based on Datastream and IMF International Finance Statistics data, published as part of Exports Merchandise, Customs, constant US$, millions, seas. adj.. Statizoid updates them automatically from the source API.

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About this data

Indicator
Exports Merchandise, Customs, constant US$, millions, seas. adj.
Source
World Bank staff calculations based on Datastream and IMF International Finance Statistics data
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
49 places, 1,407 data points, 1991–2024
Last refreshed

Merchandise (goods) exports, free on board (f.o.b.), in constant US$ millions, seasonally adjusted. The base year is 2005.