South Korea vs North America: Imports of goods and services (BoP, current US$)
Imports of goods and services (BoP, current US$) over time
- South Korea
- North America
How they compare
North America currently reports 5.11 trillion BoP, current US$ against 765.53 billion BoP, current US$ in South Korea, a difference of 4.35 trillion BoP, current US$.
That makes North America's figure about 6.7 times South Korea's.
Across all 50 years both countries report, North America has been ahead every year.
South Korea ranks 12th and North America ranks 15th of 200 countries.
North America has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | South Korea | North America | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 15.61 billion BoP, current US$ | 248.83 billion BoP, current US$ | 233.22 billion BoP, current US$ | North America |
| 1980s | 35.61 billion BoP, current US$ | 505.48 billion BoP, current US$ | 469.87 billion BoP, current US$ | North America |
| 1990s | 119.94 billion BoP, current US$ | 1.06 trillion BoP, current US$ | 936.37 billion BoP, current US$ | North America |
| 2000s | 305.96 billion BoP, current US$ | 2.22 trillion BoP, current US$ | 1.92 trillion BoP, current US$ | North America |
| 2010s | 602.06 billion BoP, current US$ | 3.36 trillion BoP, current US$ | 2.75 trillion BoP, current US$ | North America |
| 2020s | 726.24 billion BoP, current US$ | 4.44 trillion BoP, current US$ | 3.71 trillion BoP, current US$ | North America |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher imports of goods and services, South Korea or North America?
- North America, at 5.11 trillion BoP, current US$ against 765.53 billion BoP, current US$ in South Korea as of 2025.
- What is the difference in imports of goods and services between South Korea and North America?
- 4.35 trillion BoP, current US$, with North America ahead.
- How many years of comparable data are there for South Korea and North America?
- 50 years are reported by both, from 1976 to 2025.
- How do South Korea and North America rank globally for imports of goods and services?
- South Korea ranks 12th and North America ranks 15th of 200 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Imports of goods and services (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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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.