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

South Korea: Imports Merchandise, Customs, current US$, millions, seas. adj. was 631,476 in 2024. ◆ Volatile

Latest (2024)
631,476
Change on year
down 1.7%
World rank
11th
of 121 countries
All-time high
731,459
in 2022
All-time low
81,246
in 1991
Years of data
34
1991–2024

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

0200.0k400.0k600.0k800.0k1991200720241991: 81.2k1992: 81.5k1993: 83.8k1994: 102.5k1995: 135.4k1996: 150.8k1997: 144.9k1998: 93.6k1999: 119.7k2000: 160.5k2001: 141.5k2002: 152.3k2003: 178.6k2004: 224.4k2005: 260.9k2006: 309.4k2007: 356.7k2008: 434.8k2009: 323.2k2010: 425.5k2011: 524.5k2012: 520.1k2013: 515.4k2014: 525.2k2015: 436.3k2016: 406.2k2017: 478.9k2018: 535.6k2019: 503.3k2020: 467.8k2021: 614.8k2022: 731.5k2023: 642.6k2024: 631.5k

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

Analysis

The most recent figure for imports merchandise, customs, current us$, millions, seas. adj. in South Korea is 631,476, measured in 2024.

Compared with earlier readings it is down 1.7% on the previous year and up 20.2% over ten years.

Over the whole period, imports merchandise, customs, current us$, millions, seas. adj. in South Korea peaked at 731,459 in 2022 and was at its lowest, 81,246, in 1991.

That places South Korea 11th out of 121 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 110,373 81,246 150,755 9
2000s 254,228 141,478 434,828 10
2010s 487,087 406,186 535,638 10
2020s 617,625 467,800 731,459 5

Countries ranked near South Korea

  1. 8 India 717,831 compare
  2. 9 Mexico 636,679 compare
  3. 10 Hong Kong 631,684 compare
  4. 12 Italy 615,342 compare
  5. 13 Canada 573,495 compare
  6. 14 Belgium 526,259 compare

See the full ranking of 131 places →

More reference data data for South Korea

All data for South Korea →

Frequently asked questions

What is imports merchandise, customs, current us$, millions, seas. adj. in South Korea?
Imports merchandise, customs, current us$, millions, seas. adj. in South Korea was 631,476 in 2024, according to World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
What is the highest imports merchandise, customs, current us$, millions, seas. adj. recorded in South Korea?
The highest recorded value was 731,459 in 2022.
What is the lowest imports merchandise, customs, current us$, millions, seas. adj. recorded in South Korea?
The lowest recorded value was 81,246 in 1991.
How does South Korea rank for imports merchandise, customs, current us$, millions, seas. adj.?
South Korea ranks 11th out of 121 countries with data for 2024.
Is imports merchandise, customs, current us$, millions, seas. adj. rising or falling in South Korea?
Over the last ten years it is up 20.2%. 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 Imports Merchandise, Customs, current US$, millions, seas. adj.. Statizoid updates them automatically from the source API.

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About this data

Indicator
Imports 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
131 places, 4,013 data points, 1991–2024
Last refreshed

Merchandise (goods) imports, cost, insurance and freight basis (c.i.f.), in current US$ millions, seasonally adjusted.