Goods exports (BoP, current US$) in South Korea
South Korea: Goods exports (BoP, current US$) was 718.94 billion BoP, current US$ in 2025. ◆ Volatile
Latest (2025)
718.94 billion BoP, current US$
Change on year
up 2.1%
World rank
7th
of 200 countries
All-time high
718.94 billion BoP, current US$
in 2025
All-time low
7.81 billion BoP, current US$
in 1976
Years of data
50
1976–2025
Goods exports in South Korea, 1976–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for goods exports in South Korea is 718.94 billion BoP, current US$, measured in 2025. That is the highest value across all 50 years on record.
That represents a change of up 2.1% on the previous year and up 32.4% over ten years.
Over the whole period, goods exports in South Korea peaked at 718.94 billion BoP, current US$ in 2025 and was at its lowest, 7.81 billion BoP, current US$, in 1976.
South Korea ranks 7th of 200 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Goods exports (BoP, current US$) in South Korea, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1976 | 7.81 billion BoP, current US$ | — |
| 1977 | 10.05 billion BoP, current US$ | +28.6% |
| 1978 | 12.71 billion BoP, current US$ | +26.5% |
| 1979 | 14.71 billion BoP, current US$ | +15.7% |
| 1980 | 15.02 billion BoP, current US$ | +2.1% |
| 1981 | 18.01 billion BoP, current US$ | +20.0% |
| 1982 | 16.69 billion BoP, current US$ | -7.4% |
| 1983 | 19.00 billion BoP, current US$ | +13.9% |
| 1984 | 22.35 billion BoP, current US$ | +17.6% |
| 1985 | 20.77 billion BoP, current US$ | -7.0% |
| 1986 | 31.16 billion BoP, current US$ | +50.0% |
| 1987 | 43.71 billion BoP, current US$ | +40.3% |
| 1988 | 56.35 billion BoP, current US$ | +28.9% |
| 1989 | 57.86 billion BoP, current US$ | +2.7% |
| 1990 | 59.86 billion BoP, current US$ | +3.5% |
| 1991 | 67.40 billion BoP, current US$ | +12.6% |
| 1992 | 73.49 billion BoP, current US$ | +9.0% |
| 1993 | 80.79 billion BoP, current US$ | +9.9% |
| 1994 | 91.98 billion BoP, current US$ | +13.9% |
| 1995 | 119.58 billion BoP, current US$ | +30.0% |
| 1996 | 124.43 billion BoP, current US$ | +4.1% |
| 1997 | 132.37 billion BoP, current US$ | +6.4% |
| 1998 | 127.54 billion BoP, current US$ | -3.6% |
| 1999 | 136.03 billion BoP, current US$ | +6.7% |
| 2000 | 169.52 billion BoP, current US$ | +24.6% |
| 2001 | 146.42 billion BoP, current US$ | -13.6% |
| 2002 | 160.96 billion BoP, current US$ | +9.9% |
| 2003 | 194.91 billion BoP, current US$ | +21.1% |
| 2004 | 256.05 billion BoP, current US$ | +31.4% |
| 2005 | 285.26 billion BoP, current US$ | +11.4% |
| 2006 | 329.11 billion BoP, current US$ | +15.4% |
| 2007 | 382.80 billion BoP, current US$ | +16.3% |
| 2008 | 432.91 billion BoP, current US$ | +13.1% |
| 2009 | 363.93 billion BoP, current US$ | -15.9% |
| 2010 | 463.83 billion BoP, current US$ | +27.5% |
| 2011 | 587.21 billion BoP, current US$ | +26.6% |
| 2012 | 603.66 billion BoP, current US$ | +2.8% |
| 2013 | 618.39 billion BoP, current US$ | +2.4% |
| 2014 | 613.40 billion BoP, current US$ | -0.8% |
| 2015 | 543.08 billion BoP, current US$ | -11.5% |
| 2016 | 511.93 billion BoP, current US$ | -5.7% |
| 2017 | 580.31 billion BoP, current US$ | +13.4% |
| 2018 | 626.27 billion BoP, current US$ | +7.9% |
| 2019 | 556.67 billion BoP, current US$ | -11.1% |
| 2020 | 520.83 billion BoP, current US$ | -6.4% |
| 2021 | 655.64 billion BoP, current US$ | +25.9% |
| 2022 | 697.75 billion BoP, current US$ | +6.4% |
| 2023 | 642.12 billion BoP, current US$ | -8.0% |
| 2024 | 703.98 billion BoP, current US$ | +9.6% |
| 2025 | 718.94 billion BoP, current US$ | +2.1% |
South Korea compared with similar countries
- South Korea's 718.94 billion BoP, current US$ is above the median for high income countries, which is 47.85 billion BoP, current US$, 15.0× the median. (72 countries reporting)
- South Korea's 718.94 billion BoP, current US$ is above the median for East Asia & Pacific, which is 10.84 billion BoP, current US$, 66.3× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 11.32 billion BoP, current US$ | 7.81 billion BoP, current US$ | 14.71 billion BoP, current US$ | 4 |
| 1980s | 30.09 billion BoP, current US$ | 15.02 billion BoP, current US$ | 57.86 billion BoP, current US$ | 10 |
| 1990s | 101.35 billion BoP, current US$ | 59.86 billion BoP, current US$ | 136.03 billion BoP, current US$ | 10 |
| 2000s | 272.19 billion BoP, current US$ | 146.42 billion BoP, current US$ | 432.91 billion BoP, current US$ | 10 |
| 2010s | 570.48 billion BoP, current US$ | 463.83 billion BoP, current US$ | 626.27 billion BoP, current US$ | 10 |
| 2020s | 656.54 billion BoP, current US$ | 520.83 billion BoP, current US$ | 718.94 billion BoP, current US$ | 6 |
Countries ranked near South Korea
- 4 Netherlands 746.26 billion BoP, current US$ compare
- 5 Hong Kong 738.59 billion BoP, current US$ compare
- 6 Japan 725.22 billion BoP, current US$ compare
- 8 France 705.82 billion BoP, current US$ compare
- 9 Mexico 665.03 billion BoP, current US$ compare
- 10 Italy 655.32 billion BoP, current US$ compare
More economy & growth data for South Korea
- Real gdp growth, annual growth rate -49.75 % change on previous year (2025)
- SDRs holdings, US dollar, annual growth rate 7.89 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0085 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 307.17 units per person (2025)
- SDRs holdings, SDR, annual growth rate 2.74 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0062 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 224.29 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.58 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0047 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 168.75 units per person (2025)
Frequently asked questions
- What is goods exports in South Korea?
- Goods exports in South Korea was 718.94 billion BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods exports recorded in South Korea?
- The highest recorded value was 718.94 billion BoP, current US$ in 2025.
- What is the lowest goods exports recorded in South Korea?
- The lowest recorded value was 7.81 billion BoP, current US$ in 1976.
- How does South Korea rank for goods exports?
- South Korea ranks 7th out of 200 countries with data for 2025.
- Is goods exports rising or falling in South Korea?
- Over the last ten years it is up 32.4%. The long-run trend across the full record is volatile.
- Where does this South Korea data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Goods exports (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 50 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Exports of goods occur when there are 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. 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.