Exports of goods and services in Republic of Korea
Republic of Korea: Exports of goods and services was 894.42 billion constant 2015 US$ in 2025. ◆ Volatile
Exports of goods and services in Republic of Korea, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
In 2025, exports of goods and services in Republic of Korea stood at 894.42 billion constant 2015 US$. That is the highest value across all 66 years on record.
The figure is up 4.2% on the previous year and up 41.8% over ten years.
Over the whole period, exports of goods and services in Republic of Korea peaked at 894.42 billion constant 2015 US$ in 2025 and was at its lowest, 152.74 million constant 2015 US$, in 1960.
Republic of Korea ranks 6th of 172 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Exports of goods and services in Republic of Korea, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1960 | 152.74 million constant 2015 US$ | — |
| 1961 | 206.62 million constant 2015 US$ | +35.3% |
| 1962 | 239.38 million constant 2015 US$ | +15.9% |
| 1963 | 273.56 million constant 2015 US$ | +14.3% |
| 1964 | 353.20 million constant 2015 US$ | +29.1% |
| 1965 | 482.64 million constant 2015 US$ | +36.6% |
| 1966 | 688.31 million constant 2015 US$ | +42.6% |
| 1967 | 896.06 million constant 2015 US$ | +30.2% |
| 1968 | 1.24 billion constant 2015 US$ | +38.0% |
| 1969 | 1.69 billion constant 2015 US$ | +36.5% |
| 1970 | 2.20 billion constant 2015 US$ | +30.1% |
| 1971 | 2.73 billion constant 2015 US$ | +24.2% |
| 1972 | 3.90 billion constant 2015 US$ | +42.9% |
| 1973 | 5.88 billion constant 2015 US$ | +50.9% |
| 1974 | 6.11 billion constant 2015 US$ | +3.9% |
| 1975 | 7.44 billion constant 2015 US$ | +21.8% |
| 1976 | 10.35 billion constant 2015 US$ | +39.1% |
| 1977 | 12.61 billion constant 2015 US$ | +21.8% |
| 1978 | 14.73 billion constant 2015 US$ | +16.9% |
| 1979 | 15.15 billion constant 2015 US$ | +2.8% |
| 1980 | 16.42 billion constant 2015 US$ | +8.4% |
| 1981 | 18.67 billion constant 2015 US$ | +13.7% |
| 1982 | 19.09 billion constant 2015 US$ | +2.2% |
| 1983 | 22.26 billion constant 2015 US$ | +16.6% |
| 1984 | 25.08 billion constant 2015 US$ | +12.7% |
| 1985 | 25.37 billion constant 2015 US$ | +1.2% |
| 1986 | 34.29 billion constant 2015 US$ | +35.1% |
| 1987 | 42.70 billion constant 2015 US$ | +24.5% |
| 1988 | 47.25 billion constant 2015 US$ | +10.7% |
| 1989 | 45.50 billion constant 2015 US$ | -3.7% |
| 1990 | 47.84 billion constant 2015 US$ | +5.1% |
| 1991 | 53.71 billion constant 2015 US$ | +12.3% |
| 1992 | 60.23 billion constant 2015 US$ | +12.1% |
| 1993 | 66.32 billion constant 2015 US$ | +10.1% |
| 1994 | 79.27 billion constant 2015 US$ | +19.5% |
| 1995 | 98.32 billion constant 2015 US$ | +24.0% |
| 1996 | 107.61 billion constant 2015 US$ | +9.4% |
| 1997 | 127.53 billion constant 2015 US$ | +18.5% |
| 1998 | 146.28 billion constant 2015 US$ | +14.7% |
| 1999 | 164.10 billion constant 2015 US$ | +12.2% |
| 2000 | 192.07 billion constant 2015 US$ | +17.0% |
| 2001 | 188.82 billion constant 2015 US$ | -1.7% |
| 2002 | 212.01 billion constant 2015 US$ | +12.3% |
| 2003 | 240.51 billion constant 2015 US$ | +13.4% |
| 2004 | 292.07 billion constant 2015 US$ | +21.4% |
| 2005 | 314.56 billion constant 2015 US$ | +7.7% |
| 2006 | 353.59 billion constant 2015 US$ | +12.4% |
| 2007 | 399.69 billion constant 2015 US$ | +13.0% |
| 2008 | 431.15 billion constant 2015 US$ | +7.9% |
| 2009 | 428.67 billion constant 2015 US$ | -0.6% |
| 2010 | 484.71 billion constant 2015 US$ | +13.1% |
| 2011 | 560.11 billion constant 2015 US$ | +15.6% |
| 2012 | 593.92 billion constant 2015 US$ | +6.0% |
| 2013 | 617.57 billion constant 2015 US$ | +4.0% |
| 2014 | 630.61 billion constant 2015 US$ | +2.1% |
| 2015 | 630.59 billion constant 2015 US$ | -0.0% |
| 2016 | 646.04 billion constant 2015 US$ | +2.5% |
| 2017 | 662.14 billion constant 2015 US$ | +2.5% |
| 2018 | 687.28 billion constant 2015 US$ | +3.8% |
| 2019 | 686.13 billion constant 2015 US$ | -0.2% |
| 2020 | 674.72 billion constant 2015 US$ | -1.7% |
| 2021 | 747.52 billion constant 2015 US$ | +10.8% |
| 2022 | 776.80 billion constant 2015 US$ | +3.9% |
| 2023 | 803.30 billion constant 2015 US$ | +3.4% |
| 2024 | 858.19 billion constant 2015 US$ | +6.8% |
| 2025 | 894.42 billion constant 2015 US$ | +4.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 621.65 million constant 2015 US$ | 152.74 million constant 2015 US$ | 1.69 billion constant 2015 US$ | 10 |
| 1970s | 8.11 billion constant 2015 US$ | 2.20 billion constant 2015 US$ | 15.15 billion constant 2015 US$ | 10 |
| 1980s | 29.66 billion constant 2015 US$ | 16.42 billion constant 2015 US$ | 47.25 billion constant 2015 US$ | 10 |
| 1990s | 95.12 billion constant 2015 US$ | 47.84 billion constant 2015 US$ | 164.10 billion constant 2015 US$ | 10 |
| 2000s | 305.31 billion constant 2015 US$ | 188.82 billion constant 2015 US$ | 431.15 billion constant 2015 US$ | 10 |
| 2010s | 619.91 billion constant 2015 US$ | 484.71 billion constant 2015 US$ | 687.28 billion constant 2015 US$ | 10 |
| 2020s | 792.49 billion constant 2015 US$ | 674.72 billion constant 2015 US$ | 894.42 billion constant 2015 US$ | 6 |
Countries ranked near Republic of Korea
- 3 United Kingdom of Great Britain and Northern Ireland 1.01 trillion constant 2015 US$ compare
- 4 France 942.37 billion constant 2015 US$ compare
- 5 Japan 928.87 billion constant 2015 US$ compare
- 7 Singapore 887.46 billion constant 2015 US$ compare
- 8 Ireland 857.86 billion constant 2015 US$ compare
- 9 Netherlands 815.34 billion constant 2015 US$ compare
More economy & growth data for Republic of Korea
- Imports of goods and services (constant 2015 US$), annual growth rate 3.84 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.3902 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 14,137 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth 26.56 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth 32.05 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 4.59 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 20.83 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 754,550 current LCU per person (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 1.45 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 0.0147 constant 2015 US$ per US$ of GDP (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 894.42 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest exports of goods and services recorded in Republic of Korea?
- The highest recorded value was 894.42 billion constant 2015 US$ in 2025.
- What is the lowest exports of goods and services recorded in Republic of Korea?
- The lowest recorded value was 152.74 million constant 2015 US$ in 1960.
- How does Republic of Korea rank for exports of goods and services?
- Republic of Korea ranks 6th out of 172 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 41.8%. The long-run trend across the full record is volatile.
- Where does this Republic of Korea data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Exports of goods and services (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.