Exports of goods and services in Republic of Korea
Republic of Korea: Exports of goods and services was 869.09 billion BoP, current US$ in 2025. ◆ Volatile
Latest (2025)
869.09 billion BoP, current US$
Change on year
up 2.7%
World rank
10th
of 199 countries
All-time high
869.09 billion BoP, current US$
in 2025
All-time low
9.34 billion BoP, current US$
in 1976
Years of data
50
1976–2025
Exports of goods and services in Republic of Korea, 1976–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for exports of goods and services in Republic of Korea is 869.09 billion BoP, current US$, measured in 2025. That is the highest value across all 50 years on record.
The figure is up 2.7% on the previous year and up 35.7% over ten years.
Over the whole period, exports of goods and services in Republic of Korea peaked at 869.09 billion BoP, current US$ in 2025 and was at its lowest, 9.34 billion BoP, current US$, in 1976.
That places Republic of Korea 10th out of 199 countries with data for 2025, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Exports of goods and services in Republic of Korea, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1976 | 9.34 billion BoP, current US$ | — |
| 1977 | 12.83 billion BoP, current US$ | +37.4% |
| 1978 | 16.77 billion BoP, current US$ | +30.7% |
| 1979 | 19.10 billion BoP, current US$ | +13.9% |
| 1980 | 20.04 billion BoP, current US$ | +4.9% |
| 1981 | 24.16 billion BoP, current US$ | +20.6% |
| 1982 | 23.86 billion BoP, current US$ | -1.2% |
| 1983 | 25.86 billion BoP, current US$ | +8.4% |
| 1984 | 29.30 billion BoP, current US$ | +13.3% |
| 1985 | 26.72 billion BoP, current US$ | -8.8% |
| 1986 | 37.56 billion BoP, current US$ | +40.6% |
| 1987 | 52.27 billion BoP, current US$ | +39.2% |
| 1988 | 65.69 billion BoP, current US$ | +25.7% |
| 1989 | 67.71 billion BoP, current US$ | +3.1% |
| 1990 | 70.65 billion BoP, current US$ | +4.3% |
| 1991 | 78.60 billion BoP, current US$ | +11.2% |
| 1992 | 85.26 billion BoP, current US$ | +8.5% |
| 1993 | 94.87 billion BoP, current US$ | +11.3% |
| 1994 | 110.02 billion BoP, current US$ | +16.0% |
| 1995 | 144.00 billion BoP, current US$ | +30.9% |
| 1996 | 149.40 billion BoP, current US$ | +3.7% |
| 1997 | 160.62 billion BoP, current US$ | +7.5% |
| 1998 | 154.97 billion BoP, current US$ | -3.5% |
| 1999 | 164.26 billion BoP, current US$ | +6.0% |
| 2000 | 202.08 billion BoP, current US$ | +23.0% |
| 2001 | 177.20 billion BoP, current US$ | -12.3% |
| 2002 | 191.98 billion BoP, current US$ | +8.3% |
| 2003 | 230.67 billion BoP, current US$ | +20.2% |
| 2004 | 301.34 billion BoP, current US$ | +30.6% |
| 2005 | 335.80 billion BoP, current US$ | +11.4% |
| 2006 | 386.12 billion BoP, current US$ | +15.0% |
| 2007 | 454.22 billion BoP, current US$ | +17.6% |
| 2008 | 523.96 billion BoP, current US$ | +15.4% |
| 2009 | 436.47 billion BoP, current US$ | -16.7% |
| 2010 | 546.78 billion BoP, current US$ | +25.3% |
| 2011 | 677.77 billion BoP, current US$ | +24.0% |
| 2012 | 706.80 billion BoP, current US$ | +4.3% |
| 2013 | 721.72 billion BoP, current US$ | +2.1% |
| 2014 | 725.30 billion BoP, current US$ | +0.5% |
| 2015 | 640.58 billion BoP, current US$ | -11.7% |
| 2016 | 606.74 billion BoP, current US$ | -5.3% |
| 2017 | 670.01 billion BoP, current US$ | +10.4% |
| 2018 | 729.94 billion BoP, current US$ | +8.9% |
| 2019 | 660.51 billion BoP, current US$ | -9.5% |
| 2020 | 612.06 billion BoP, current US$ | -7.3% |
| 2021 | 775.81 billion BoP, current US$ | +26.8% |
| 2022 | 830.44 billion BoP, current US$ | +7.0% |
| 2023 | 769.16 billion BoP, current US$ | -7.4% |
| 2024 | 846.01 billion BoP, current US$ | +10.0% |
| 2025 | 869.09 billion BoP, current US$ | +2.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 14.51 billion BoP, current US$ | 9.34 billion BoP, current US$ | 19.10 billion BoP, current US$ | 4 |
| 1980s | 37.32 billion BoP, current US$ | 20.04 billion BoP, current US$ | 67.71 billion BoP, current US$ | 10 |
| 1990s | 121.26 billion BoP, current US$ | 70.65 billion BoP, current US$ | 164.26 billion BoP, current US$ | 10 |
| 2000s | 323.98 billion BoP, current US$ | 177.20 billion BoP, current US$ | 523.96 billion BoP, current US$ | 10 |
| 2010s | 668.61 billion BoP, current US$ | 546.78 billion BoP, current US$ | 729.94 billion BoP, current US$ | 10 |
| 2020s | 783.76 billion BoP, current US$ | 612.06 billion BoP, current US$ | 869.09 billion BoP, current US$ | 6 |
Countries ranked near Republic of Korea
- 7 Netherlands 1.00 trillion BoP, current US$ compare
- 8 Japan 971.28 billion BoP, current US$ compare
- 9 Ireland 882.29 billion BoP, current US$ compare
- 11 India 862.09 billion BoP, current US$ compare
- 12 Italy 823.82 billion BoP, current US$ compare
- 13 Switzerland 812.78 billion BoP, current US$ compare
More economy & growth data for Republic of Korea
- 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)
- Industry (including construction), value added (current LCU), annual 5.48 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 488.33 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 17.69 million current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) 0.1897 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.3525 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 12,771 constant 2015 US$ per person (2025)
Frequently asked questions
- What is exports of goods and services in Republic of Korea?
- Exports of goods and services in Republic of Korea was 869.09 billion BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest exports of goods and services recorded in Republic of Korea?
- The highest recorded value was 869.09 billion BoP, current US$ in 2025.
- What is the lowest exports of goods and services recorded in Republic of Korea?
- The lowest recorded value was 9.34 billion BoP, current US$ in 1976.
- How does Republic of Korea rank for exports of goods and services?
- Republic of Korea ranks 10th out of 199 countries with data for 2025.
- Is exports of goods and services rising or falling in Republic of Korea?
- Over the last ten years it is up 35.7%. The long-run trend across the full record is volatile.
- Where does this Republic of Korea data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Exports of goods and services (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
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About this data
Exports of goods includes 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. Exports of services includes services provided by residents to non-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.