Value of imports from China as a share of GDP in Republic of Korea
Republic of Korea: Value of imports from China as a share of GDP was 7.5% in 2024. ◆ Volatile
Value of imports from China as a share of GDP in Republic of Korea, 1991–2024
Source: International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data. Measured in %.
Analysis
The most recent figure for value of imports from china as a share of gdp in Republic of Korea is 7.5%, measured in 2024.
That represents a change of down 3.7% on the previous year and up 28.9% over ten years.
Over the whole period, value of imports from china as a share of gdp in Republic of Korea peaked at 8.6% in 2022 and was at its lowest, 1.0%, in 1993.
Republic of Korea ranks 36th of 198 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Value of imports from China as a share of GDP in Republic of Korea, year by year
| Year | % | Change |
|---|---|---|
| 1991 | 1.0% | — |
| 1992 | 1.0% | +0.6% |
| 1993 | 1.0% | -4.6% |
| 1994 | 1.1% | +17.7% |
| 1995 | 1.3% | +10.7% |
| 1996 | 1.4% | +7.1% |
| 1997 | 1.7% | +25.1% |
| 1998 | 1.6% | -3.5% |
| 1999 | 1.7% | +5.3% |
| 2000 | 2.1% | +24.6% |
| 2001 | 2.3% | +9.4% |
| 2002 | 2.7% | +14.2% |
| 2003 | 3.0% | +12.3% |
| 2004 | 3.6% | +19.5% |
| 2005 | 4.0% | +10.7% |
| 2006 | 4.4% | +11.5% |
| 2007 | 5.2% | +16.4% |
| 2008 | 7.0% | +36.5% |
| 2009 | 5.5% | -21.7% |
| 2010 | 6.0% | +8.7% |
| 2011 | 6.6% | +10.2% |
| 2012 | 6.0% | -8.5% |
| 2013 | 5.8% | -4.3% |
| 2014 | 5.8% | -0.0% |
| 2015 | 5.9% | +1.3% |
| 2016 | 5.5% | -6.1% |
| 2017 | 5.7% | +3.0% |
| 2018 | 5.8% | +2.9% |
| 2019 | 6.1% | +4.9% |
| 2020 | 6.2% | +2.0% |
| 2021 | 7.1% | +14.4% |
| 2022 | 8.6% | +20.4% |
| 2023 | 7.7% | -9.9% |
| 2024 | 7.5% | -3.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.3% | 1.0% | 1.7% | 9 |
| 2000s | 4.0% | 2.1% | 7.0% | 10 |
| 2010s | 5.9% | 5.5% | 6.6% | 10 |
| 2020s | 7.4% | 6.2% | 8.6% | 5 |
Countries ranked near Republic of Korea
More economy & growth data for Republic of Korea
- Manufacturing, value added (current US$), per unit of GDP 0.2743 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 9,936 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 390.12 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 14.13 million current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.292 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 10,578 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 12.06 million constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 1.1 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.3433 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 12,437 current US$ per person (2025)
Frequently asked questions
- What is value of imports from china as a share of gdp in Republic of Korea?
- Value of imports from china as a share of gdp in Republic of Korea was 7.5% in 2024, according to International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data.
- What is the highest value of imports from china as a share of gdp recorded in Republic of Korea?
- The highest recorded value was 8.6% in 2022.
- What is the lowest value of imports from china as a share of gdp recorded in Republic of Korea?
- The lowest recorded value was 1.0% in 1993.
- How does Republic of Korea rank for value of imports from china as a share of gdp?
- Republic of Korea ranks 36th out of 198 countries with data for 2024.
- Is value of imports from china as a share of gdp rising or falling in Republic of Korea?
- Over the last ten years it is up 28.9%. The long-run trend across the full record is volatile.
- Where does this Republic of Korea data come from?
- The figures come from International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data, published as part of Value of imports from China as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Value of goods imported from China, including freight and insurance costs, as a percentage of a country’s gross domestic product (GDP).