Republic of Korea vs United States: Goods exports

Republic of Korea
718.94 billion BoP, current US$
in 2025
United States
2.20 trillion BoP, current US$
in 2025
Republic of Korea rank
5th
United States rank
2nd

Goods exports over time

  • Republic of Korea
  • United States
0500.0B1.0T1.5T2.0T197019972025

How they compare

United States currently reports 2.20 trillion BoP, current US$ against 718.94 billion BoP, current US$ in Republic of Korea, a difference of 1.48 trillion BoP, current US$.

That makes United States's figure about 3.1 times Republic of Korea's.

Across all 50 years both countries report, United States has been ahead every year.

Republic of Korea ranks 5th and United States ranks 2nd of 199 countries.

United States has averaged higher in every one of the 6 decades both report.

Head to head by decade

Decade Republic of Korea United States Difference Ahead
1970s 11.32 billion BoP, current US$ 140.52 billion BoP, current US$ 129.20 billion BoP, current US$ United States
1980s 30.09 billion BoP, current US$ 246.38 billion BoP, current US$ 216.29 billion BoP, current US$ United States
1990s 101.35 billion BoP, current US$ 543.55 billion BoP, current US$ 442.21 billion BoP, current US$ United States
2000s 272.19 billion BoP, current US$ 926.65 billion BoP, current US$ 654.46 billion BoP, current US$ United States
2010s 570.48 billion BoP, current US$ 1.54 trillion BoP, current US$ 973.41 billion BoP, current US$ United States
2020s 656.54 billion BoP, current US$ 1.94 trillion BoP, current US$ 1.28 trillion BoP, current US$ United States

Averages of every year both report within each decade.

Frequently asked questions

Which has higher goods exports, Republic of Korea or United States?
United States, at 2.20 trillion BoP, current US$ against 718.94 billion BoP, current US$ in Republic of Korea as of 2025.
What is the difference in goods exports between Republic of Korea and United States?
1.48 trillion BoP, current US$, with United States ahead.
How many years of comparable data are there for Republic of Korea and United States?
50 years are reported by both, from 1976 to 2025.
How do Republic of Korea and United States rank globally for goods exports?
Republic of Korea ranks 5th and United States ranks 2nd of 199 countries.
Where does this data come from?
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Goods exports (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Republic of Korea vs United States: Goods exports. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 30 August 2026, from https://economy.statizoid.com/compare/goods-exports-bop-current-us/korea-rep/united-states/

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About this data

Indicator
Goods exports (BoP, current US$)
Unit
BoP, current US$
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
244 places, 9,631 data points, 1960–2025
Last refreshed

Exports of goods occur when there are changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.