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

South Korea: Imports Merchandise, Customs, current US$, millions was 631,601 in 2024. ◆ Volatile

Latest (2024)
631,601
Change on year
down 1.7%
World rank
12th
of 118 countries
All-time high
731,410
in 2022
All-time low
81,176
in 1991
Years of data
34
1991–2024

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

0200.0k400.0k600.0k800.0k1991200720241991: 81.2k1992: 81.5k1993: 83.8k1994: 102.7k1995: 135.6k1996: 150.9k1997: 144.8k1998: 93.6k1999: 119.9k2000: 160.3k2001: 141.2k2002: 152.3k2003: 178.8k2004: 224.6k2005: 261.3k2006: 309.6k2007: 356.9k2008: 435.0k2009: 323.2k2010: 425.3k2011: 524.5k2012: 519.8k2013: 515.8k2014: 525.4k2015: 436.3k2016: 406.3k2017: 478.5k2018: 535.0k2019: 503.2k2020: 467.9k2021: 614.9k2022: 731.4k2023: 642.3k2024: 631.6k

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

Analysis

South Korea recorded 631,601 for imports merchandise, customs, current us$, millions in 2024.

That represents a change of down 1.7% on the previous year and up 20.2% over ten years.

Over the whole period, imports merchandise, customs, current us$, millions in South Korea peaked at 731,410 in 2022 and was at its lowest, 81,176, in 1991.

That places South Korea 12th out of 118 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 110,439 81,176 150,896 9
2000s 254,320 141,223 434,959 10
2010s 487,002 406,278 535,046 10
2020s 617,619 467,892 731,410 5

Countries ranked near South Korea

  1. 9 United Kingdom 652,363 compare
  2. 10 Mexico 636,218 compare
  3. 11 Hong Kong 631,644 compare
  4. 13 Italy 615,353 compare
  5. 14 Belgium 525,978 compare
  6. 15 Canada 469,360 compare

See the full ranking of 128 places →

More reference data data for South Korea

All data for South Korea →

Frequently asked questions

What is imports merchandise, customs, current us$, millions in South Korea?
Imports merchandise, customs, current us$, millions in South Korea was 631,601 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$, millions recorded in South Korea?
The highest recorded value was 731,410 in 2022.
What is the lowest imports merchandise, customs, current us$, millions recorded in South Korea?
The lowest recorded value was 81,176 in 1991.
How does South Korea rank for imports merchandise, customs, current us$, millions?
South Korea ranks 12th out of 118 countries with data for 2024.
Is imports merchandise, customs, current us$, millions 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. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 34 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Imports 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
128 places, 3,909 data points, 1991–2024
Last refreshed

Merchandise (goods) imports, cost, insurance and freight basis (c.i.f.), in current US$ millions, not seasonally adjusted.