European Union vs Korea: Imports of goods and services
Imports of goods and services over time
- European Union
- Korea
How they compare
European Union currently reports 9.74 trillion BoP, current US$ against 765.53 billion BoP, current US$ in Korea, a difference of 8.97 trillion BoP, current US$.
That makes European Union's figure about 12.7 times Korea's.
Across all 27 years both countries report, European Union has been ahead every year.
European Union ranks 10th and Korea ranks 11th of 47 groups.
European Union has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | European Union | Korea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 2.41 trillion BoP, current US$ | 137.77 billion BoP, current US$ | 2.27 trillion BoP, current US$ | European Union |
| 2000s | 4.10 trillion BoP, current US$ | 305.96 billion BoP, current US$ | 3.80 trillion BoP, current US$ | European Union |
| 2010s | 6.31 trillion BoP, current US$ | 602.06 billion BoP, current US$ | 5.70 trillion BoP, current US$ | European Union |
| 2020s | 8.56 trillion BoP, current US$ | 726.24 billion BoP, current US$ | 7.84 trillion BoP, current US$ | European Union |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher imports of goods and services, European Union or Korea?
- European Union, at 9.74 trillion BoP, current US$ against 765.53 billion BoP, current US$ in Korea as of 2025.
- What is the difference in imports of goods and services between European Union and Korea?
- 8.97 trillion BoP, current US$, with European Union ahead.
- How many years of comparable data are there for European Union and Korea?
- 27 years are reported by both, from 1999 to 2025.
- How do European Union and Korea rank globally for imports of goods and services?
- European Union ranks 10th and Korea ranks 11th of 47 groups.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Imports of goods and services (BoP, current US$). 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.