Exports Merchandise, Customs, constant US$, millions in South Korea

South Korea: Exports Merchandise, Customs, constant US$, millions was 779,375 in 2024. ◆ Volatile

Latest (2024)
779,375
Change on year
up 6.3%
World rank
7th
of 41 countries
All-time high
779,375
in 2024
All-time low
49,587
in 1991
Years of data
34
1991–2024

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

0200.0k400.0k600.0k800.0k1991200720241991: 49.6k1992: 54.7k1993: 58.7k1994: 66.5k1995: 82.0k1996: 92.8k1997: 107.7k1998: 118.3k1999: 133.8k2000: 154.7k2001: 160.1k2002: 179.8k2003: 209.2k2004: 247.9k2005: 266.7k2006: 309.3k2007: 351.0k2008: 383.6k2009: 386.5k2010: 463.0k2011: 527.0k2012: 541.8k2013: 561.7k2014: 588.2k2015: 612.9k2016: 611.0k2017: 649.9k2018: 662.1k2019: 650.6k2020: 654.7k2021: 700.5k2022: 717.9k2023: 733.1k2024: 779.4k

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

Analysis

In 2024, exports merchandise, customs, constant us$, millions in South Korea stood at 779,375. That is the highest value across all 34 years on record.

The figure is up 6.3% on the previous year and up 32.5% over ten years.

Over the whole period, exports merchandise, customs, constant us$, millions in South Korea peaked at 779,375 in 2024 and was at its lowest, 49,587, in 1991.

South Korea ranks 7th of 41 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 84,898 49,587 133,783 9
2000s 264,868 154,732 386,457 10
2010s 586,827 463,027 662,119 10
2020s 717,123 654,726 779,375 5

Countries ranked near South Korea

  1. 4 United States 1.67 million compare
  2. 5 Japan 849,466 compare
  3. 6 Netherlands 824,473 compare
  4. 8 Singapore 512,039 compare
  5. 9 Canada 508,716 compare
  6. 10 Mexico 501,353 compare

See the full ranking of 50 places →

More reference data data for South Korea

All data for South Korea →

Frequently asked questions

What is exports merchandise, customs, constant us$, millions in South Korea?
Exports merchandise, customs, constant us$, millions in South Korea was 779,375 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$, millions recorded in South Korea?
The highest recorded value was 779,375 in 2024.
What is the lowest exports merchandise, customs, constant us$, millions recorded in South Korea?
The lowest recorded value was 49,587 in 1991.
How does South Korea rank for exports merchandise, customs, constant us$, millions?
South Korea ranks 7th out of 41 countries with data for 2024.
Is exports merchandise, customs, constant us$, millions 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. Statizoid updates them automatically from the source API.

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About this data

Indicator
Exports 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
50 places, 1,436 data points, 1991–2024
Last refreshed

Merchandise (goods) exports, free on board (f.o.b.), in constant US$ millions not seasonally adjusted. The base year is 2005.