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

South Korea: Imports Merchandise, Customs, constant US$, millions was 642,244 in 2024. ▲ Rising

Latest (2024)
642,244
Change on year
up 0.1%
World rank
8th
of 47 countries
All-time high
663,642
in 2022
All-time low
125,457
in 1991
Years of data
34
1991–2024

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

200.0k400.0k600.0k1991200720241991: 125.5k1992: 131.8k1993: 134.1k1994: 157.4k1995: 188.9k1996: 217.8k1997: 223.8k1998: 167.9k1999: 207.1k2000: 245.9k2001: 238.8k2002: 265.2k2003: 292.1k2004: 320.0k2005: 323.8k2006: 354.3k2007: 380.1k2008: 398.5k2009: 360.3k2010: 410.0k2011: 434.5k2012: 441.3k2013: 459.1k2014: 487.4k2015: 512.8k2016: 510.6k2017: 550.8k2018: 564.4k2019: 557.3k2020: 573.8k2021: 622.3k2022: 663.6k2023: 641.4k2024: 642.2k

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

Analysis

The most recent figure for imports merchandise, customs, constant us$, millions in South Korea is 642,244, measured in 2024.

The figure is up 0.1% on the previous year and up 31.8% over ten years.

Over the whole period, imports merchandise, customs, constant us$, millions in South Korea peaked at 663,642 in 2022 and was at its lowest, 125,457, in 1991.

That places South Korea 8th out of 47 countries with data for 2024, putting it in the top quarter.

The long-run direction has been consistently rising across the 34 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 172,708 125,457 223,828 9
2000s 317,899 238,762 398,505 10
2010s 492,812 409,984 564,398 10
2020s 628,689 573,841 663,642 5

Countries ranked near South Korea

  1. 5 Japan 775,584 compare
  2. 6 United Kingdom 757,351 compare
  3. 7 Netherlands 724,940 compare
  4. 9 Canada 491,512 compare
  5. 10 Italy 484,174 compare
  6. 11 France 465,067 compare

See the full ranking of 54 places →

More reference data data for South Korea

All data for South Korea →

Frequently asked questions

What is imports merchandise, customs, constant us$, millions in South Korea?
Imports merchandise, customs, constant us$, millions in South Korea was 642,244 in 2024, according to World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
What is the highest imports merchandise, customs, constant us$, millions recorded in South Korea?
The highest recorded value was 663,642 in 2022.
What is the lowest imports merchandise, customs, constant us$, millions recorded in South Korea?
The lowest recorded value was 125,457 in 1991.
How does South Korea rank for imports merchandise, customs, constant us$, millions?
South Korea ranks 8th out of 47 countries with data for 2024.
Is imports merchandise, customs, constant us$, millions rising or falling in South Korea?
Over the last ten years it is up 31.8%. The long-run trend across the full record is rising.
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 Imports Merchandise, Customs, constant US$, millions. Statizoid updates them automatically from the source API.

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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.