Canada vs Republic of Korea: Imports of goods and services
Imports of goods and services over time
- Canada
- Republic of Korea
How they compare
Republic of Korea currently reports 765.53 billion BoP, current US$ against 746.62 billion BoP, current US$ in Canada, a difference of 18.91 billion BoP, current US$.
The two have swapped places 5 times across 50 shared years of data; in 1976 it was Canada ahead.
Canada ranks 12th and Republic of Korea ranks 11th of 200 countries.
Across the 6 decades both report, Canada averaged higher in 4 and Republic of Korea in 2.
Head to head by decade
| Decade | Canada | Republic of Korea | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 52.50 billion BoP, current US$ | 15.61 billion BoP, current US$ | 36.89 billion BoP, current US$ | Canada |
| 1980s | 94.40 billion BoP, current US$ | 35.61 billion BoP, current US$ | 58.79 billion BoP, current US$ | Canada |
| 1990s | 195.22 billion BoP, current US$ | 119.94 billion BoP, current US$ | 75.27 billion BoP, current US$ | Canada |
| 2000s | 366.29 billion BoP, current US$ | 305.96 billion BoP, current US$ | 60.33 billion BoP, current US$ | Canada |
| 2010s | 562.55 billion BoP, current US$ | 602.06 billion BoP, current US$ | 39.51 billion BoP, current US$ | Republic of Korea |
| 2020s | 683.87 billion BoP, current US$ | 726.24 billion BoP, current US$ | 42.37 billion BoP, current US$ | Republic of Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher imports of goods and services, Canada or Republic of Korea?
- Republic of Korea, at 765.53 billion BoP, current US$ against 746.62 billion BoP, current US$ in Canada as of 2025.
- What is the difference in imports of goods and services between Canada and Republic of Korea?
- 18.91 billion BoP, current US$, with Republic of Korea ahead.
- How many years of comparable data are there for Canada and Republic of Korea?
- 50 years are reported by both, from 1976 to 2025.
- How do Canada and Republic of Korea rank globally for imports of goods and services?
- Canada ranks 12th and Republic of Korea ranks 11th of 200 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Imports of goods and services (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. 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.