Imports Merchandise, Customs, Price, US$ in South Korea

South Korea: Imports Merchandise, Customs, Price, US$ was 1.04 in 2026. ▲ Rising

Latest (2026)
1.04
Change on year
up 10.3%
World rank
33rd
of 47 countries
All-time high
1.21
in 2011
All-time low
0.5574
in 1998
Years of data
36
1991–2026

Imports Merchandise, Customs, Price, US$ in South Korea, 1991–2026

00.250.50.7511.21991200820261991: 0.6481992: 0.6191993: 0.6251994: 0.6511995: 0.7171996: 0.6931997: 0.6481998: 0.5571999: 0.5772000: 0.6522001: 0.5922002: 0.5732003: 0.6122004: 0.7022005: 0.8072006: 0.8742007: 0.9382008: 1.12009: 0.8952010: 12011: 1.22012: 1.22013: 1.12014: 1.12015: 0.8522016: 0.7952017: 0.8692018: 0.9482019: 0.9032020: 0.8162021: 0.9872022: 1.12023: 12024: 0.9842025: 0.9392026: 1

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

Analysis

South Korea recorded 1.04 for imports merchandise, customs, price, us$ in 2026.

That represents a change of up 10.3% on the previous year and up 30.4% over ten years.

Over the whole period, imports merchandise, customs, price, us$ in South Korea peaked at 1.21 in 2011 and was at its lowest, 0.5574, in 1998.

South Korea ranks 33rd of 47 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 36 years of available data.

Imports Merchandise, Customs, Price, US$ in South Korea, year by year

Annual values for Imports Merchandise, Customs, Price, US$ in South Korea, 1991 to 2026.
Year Value Change
1991 0.6483 —
1992 0.6188 -4.5%
1993 0.625 +1.0%
1994 0.6506 +4.1%
1995 0.7174 +10.3%
1996 0.6929 -3.4%
1997 0.6477 -6.5%
1998 0.5574 -13.9%
1999 0.5767 +3.4%
2000 0.6519 +13.0%
2001 0.592 -9.2%
2002 0.5735 -3.1%
2003 0.6116 +6.7%
2004 0.7016 +14.7%
2005 0.8067 +15.0%
2006 0.8736 +8.3%
2007 0.9379 +7.4%
2008 1.09 +16.4%
2009 0.8946 -18.1%
2010 1.04 +15.8%
2011 1.21 +16.5%
2012 1.18 -2.4%
2013 1.12 -4.6%
2014 1.08 -3.8%
2015 0.8518 -21.2%
2016 0.7949 -6.7%
2017 0.8688 +9.3%
2018 0.9484 +9.2%
2019 0.9032 -4.8%
2020 0.8156 -9.7%
2021 0.9867 +21.0%
2022 1.1 +11.9%
2023 1 -9.3%
2024 0.9838 -1.7%
2025 0.9391 -4.5%
2026 1.04 +10.3%

South Korea compared with similar countries

  • South Korea's 1.04 is below the median for high income countries, which is 1.1, 94% of the median. (32 countries reporting)
  • South Korea's 1.04 is below the median for East Asia & Pacific, which is 1.08, 96% of the median. (12 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.6372 0.5574 0.7174 9
2000s 0.7735 0.5735 1.09 10
2010s 0.9993 0.7949 1.21 10
2020s 0.9809 0.8156 1.1 7

Countries ranked near South Korea

  1. 30 Netherlands 1.08 compare
  2. 31 Indonesia 1.07 compare
  3. 32 Philippines 1.06 compare
  4. 34 Japan 1.02 compare
  5. 35 Poland 1 compare
  6. 36 Hungary 0.981 compare

See the full ranking of 47 places →

More reference data data for South Korea

All data for South Korea →

Frequently asked questions

What is imports merchandise, customs, price, us$ in South Korea?
Imports merchandise, customs, price, us$ in South Korea was 1.04 in 2026, according to World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
What is the highest imports merchandise, customs, price, us$ recorded in South Korea?
The highest recorded value was 1.21 in 2011.
What is the lowest imports merchandise, customs, price, us$ recorded in South Korea?
The lowest recorded value was 0.5574 in 1998.
How does South Korea rank for imports merchandise, customs, price, us$?
South Korea ranks 33rd out of 47 countries with data for 2026.
Is imports merchandise, customs, price, us$ rising or falling in South Korea?
Over the last ten years it is up 30.4%. 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, Price, US$. Statizoid updates them automatically from the source API.

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Imports Merchandise, Customs, Price, US$ in South Korea. Statizoid, drawing on World Bank staff calculations based on Datastream and IMF International Finance Statistics data. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/imports-merchandise-customs-price-us/korea-rep/

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About this data

Indicator
Imports Merchandise, Customs, Price, US$
Source
World Bank staff calculations based on Datastream and IMF International Finance Statistics data
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
47 places, 1,439 data points, 1991–2026
Last refreshed

The price index of Merchandise (goods) imports, cost, insurance and freight basis (c.i.f.), in constant US$ millions, not seasonally adjusted. The base year is 2005.