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

South Korea: Exports Merchandise, Customs, current US$, millions, seas. adj. was 683,629 in 2024. ◆ Volatile

Latest (2024)
683,629
Change on year
up 8.2%
World rank
7th
of 127 countries
All-time high
683,715
in 2022
All-time low
71,614
in 1991
Years of data
34
1991–2024

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

0200.0k400.0k600.0k1991200720241991: 71.6k1992: 76.6k1993: 82.1k1994: 95.6k1995: 124.9k1996: 129.9k1997: 136.1k1998: 132.5k1999: 143.3k2000: 172.6k2001: 151.1k2002: 162.4k2003: 193.6k2004: 253.6k2005: 284.2k2006: 325.0k2007: 371.3k2008: 421.7k2009: 362.9k2010: 465.8k2011: 555.5k2012: 548.3k2013: 559.9k2014: 572.6k2015: 527.0k2016: 495.0k2017: 573.7k2018: 604.9k2019: 542.0k2020: 512.0k2021: 643.5k2022: 683.7k2023: 631.8k2024: 683.6k

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

Analysis

South Korea recorded 683,629 for exports merchandise, customs, current us$, millions, seas. adj. in 2024.

The figure is up 8.2% on the previous year and up 19.4% over ten years.

Over the whole period, exports merchandise, customs, current us$, millions, seas. adj. in South Korea peaked at 683,715 in 2022 and was at its lowest, 71,614, in 1991.

South Korea ranks 7th of 127 countries on this measure, in the top 10%.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s 110,313 71,614 143,342 9
2000s 269,847 151,061 421,747 10
2010s 544,458 465,800 604,881 10
2020s 630,914 512,018 683,715 5

Countries ranked near South Korea

  1. 4 Netherlands 854,819 compare
  2. 5 Japan 705,797 compare
  3. 6 France 701,209 compare
  4. 8 Italy 672,300 compare
  5. 9 Mexico 615,033 compare
  6. 10 Hong Kong 583,054 compare

See the full ranking of 137 places →

More reference data data for South Korea

All data for South Korea →

Frequently asked questions

What is exports merchandise, customs, current us$, millions, seas. adj. in South Korea?
Exports merchandise, customs, current us$, millions, seas. adj. in South Korea was 683,629 in 2024, according to World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
What is the highest exports merchandise, customs, current us$, millions, seas. adj. recorded in South Korea?
The highest recorded value was 683,715 in 2022.
What is the lowest exports merchandise, customs, current us$, millions, seas. adj. recorded in South Korea?
The lowest recorded value was 71,614 in 1991.
How does South Korea rank for exports merchandise, customs, current us$, millions, seas. adj.?
South Korea ranks 7th out of 127 countries with data for 2024.
Is exports merchandise, customs, current us$, millions, seas. adj. rising or falling in South Korea?
Over the last ten years it is up 19.4%. 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, current US$, millions, seas. adj.. Statizoid updates them automatically from the source API.

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About this data

Indicator
Exports Merchandise, Customs, current 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
137 places, 4,206 data points, 1991–2024
Last refreshed

Merchandise (goods) exports, free on board (f.o.b.), in current US$ millions, seasonally adjusted.