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

South Korea: Exports Merchandise, Customs, current US$, millions was 683,610 in 2024. ◆ Volatile

Latest (2024)
683,610
Change on year
up 8.1%
World rank
8th
of 128 countries
All-time high
683,610
in 2024
All-time low
71,870
in 1991
Years of data
34
1991–2024

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

0200.0k400.0k600.0k1991200720241991: 71.9k1992: 76.6k1993: 82.2k1994: 96.0k1995: 125.1k1996: 129.7k1997: 136.2k1998: 132.3k1999: 143.7k2000: 172.3k2001: 150.4k2002: 162.5k2003: 193.8k2004: 253.8k2005: 284.4k2006: 325.5k2007: 371.5k2008: 422.0k2009: 363.5k2010: 466.4k2011: 555.2k2012: 547.9k2013: 559.6k2014: 572.7k2015: 526.8k2016: 495.4k2017: 573.7k2018: 604.9k2019: 542.2k2020: 512.5k2021: 644.4k2022: 683.6k2023: 632.2k2024: 683.6k

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

Analysis

In 2024, exports merchandise, customs, current us$, millions in South Korea stood at 683,610. That is the highest value across all 34 years on record.

Compared with earlier readings it is up 8.1% on the previous year and up 19.4% over ten years.

Over the whole period, exports merchandise, customs, current us$, millions in South Korea peaked at 683,610 in 2024 and was at its lowest, 71,870, in 1991.

That places South Korea 8th out of 128 countries with data for 2024, putting it 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 110,410 71,870 143,685 9
2000s 269,975 150,439 422,007 10
2010s 544,473 466,384 604,860 10
2020s 631,264 512,498 683,610 5

Countries ranked near South Korea

  1. 5 Netherlands 854,775 compare
  2. 6 Japan 707,013 compare
  3. 7 France 700,884 compare
  4. 9 Italy 674,297 compare
  5. 10 Mexico 617,677 compare
  6. 11 Hong Kong 583,133 compare

See the full ranking of 138 places →

More reference data data for South Korea

All data for South Korea →

Frequently asked questions

What is exports merchandise, customs, current us$, millions in South Korea?
Exports merchandise, customs, current us$, millions in South Korea was 683,610 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$, millions recorded in South Korea?
The highest recorded value was 683,610 in 2024.
What is the lowest exports merchandise, customs, current us$, millions recorded in South Korea?
The lowest recorded value was 71,870 in 1991.
How does South Korea rank for exports merchandise, customs, current us$, millions?
South Korea ranks 8th out of 128 countries with data for 2024.
Is exports merchandise, customs, current us$, millions 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. Statizoid updates them automatically from the source API.

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About this data

Indicator
Exports Merchandise, Customs, current 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
138 places, 4,178 data points, 1991–2024
Last refreshed

Merchandise (goods) exports, free on board (f.o.b.), in current US$ millions, not seasonally adjusted.