Imports of goods and services (BoP, current US$) in South Korea
South Korea: Imports of goods and services (BoP, current US$) was 765.53 billion BoP, current US$ in 2025. ◆ Volatile
Latest (2025)
765.53 billion BoP, current US$
Change on year
up 0.1%
World rank
12th
of 200 countries
All-time high
822.85 billion BoP, current US$
in 2022
All-time low
9.60 billion BoP, current US$
in 1976
Years of data
50
1976–2025
Imports of goods and services in South Korea, 1976–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
South Korea recorded 765.53 billion BoP, current US$ for imports of goods and services in 2025.
That represents a change of up 0.1% on the previous year and up 43.1% over ten years.
Over the whole period, imports of goods and services in South Korea peaked at 822.85 billion BoP, current US$ in 2022 and was at its lowest, 9.60 billion BoP, current US$, in 1976.
That places South Korea 12th out of 200 countries with data for 2025, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Imports of goods and services (BoP, current US$) in South Korea, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1976 | 9.60 billion BoP, current US$ | — |
| 1977 | 12.55 billion BoP, current US$ | +30.8% |
| 1978 | 17.69 billion BoP, current US$ | +40.9% |
| 1979 | 22.60 billion BoP, current US$ | +27.8% |
| 1980 | 25.32 billion BoP, current US$ | +12.0% |
| 1981 | 28.33 billion BoP, current US$ | +11.9% |
| 1982 | 27.04 billion BoP, current US$ | -4.5% |
| 1983 | 27.37 billion BoP, current US$ | +1.2% |
| 1984 | 28.67 billion BoP, current US$ | +4.7% |
| 1985 | 26.64 billion BoP, current US$ | -7.1% |
| 1986 | 33.12 billion BoP, current US$ | +24.3% |
| 1987 | 42.52 billion BoP, current US$ | +28.4% |
| 1988 | 53.12 billion BoP, current US$ | +24.9% |
| 1989 | 63.99 billion BoP, current US$ | +20.5% |
| 1990 | 73.84 billion BoP, current US$ | +15.4% |
| 1991 | 86.76 billion BoP, current US$ | +17.5% |
| 1992 | 88.53 billion BoP, current US$ | +2.0% |
| 1993 | 93.20 billion BoP, current US$ | +5.3% |
| 1994 | 114.45 billion BoP, current US$ | +22.8% |
| 1995 | 152.40 billion BoP, current US$ | +33.2% |
| 1996 | 171.38 billion BoP, current US$ | +12.5% |
| 1997 | 168.61 billion BoP, current US$ | -1.6% |
| 1998 | 112.47 billion BoP, current US$ | -33.3% |
| 1999 | 137.77 billion BoP, current US$ | +22.5% |
| 2000 | 187.53 billion BoP, current US$ | +36.1% |
| 2001 | 170.06 billion BoP, current US$ | -9.3% |
| 2002 | 183.39 billion BoP, current US$ | +7.8% |
| 2003 | 213.38 billion BoP, current US$ | +16.4% |
| 2004 | 267.22 billion BoP, current US$ | +25.2% |
| 2005 | 312.29 billion BoP, current US$ | +16.9% |
| 2006 | 374.65 billion BoP, current US$ | +20.0% |
| 2007 | 434.82 billion BoP, current US$ | +16.1% |
| 2008 | 518.52 billion BoP, current US$ | +19.2% |
| 2009 | 397.75 billion BoP, current US$ | -23.3% |
| 2010 | 512.82 billion BoP, current US$ | +28.9% |
| 2011 | 661.82 billion BoP, current US$ | +29.1% |
| 2012 | 663.27 billion BoP, current US$ | +0.2% |
| 2013 | 647.79 billion BoP, current US$ | -2.3% |
| 2014 | 642.44 billion BoP, current US$ | -0.8% |
| 2015 | 534.93 billion BoP, current US$ | -16.7% |
| 2016 | 507.61 billion BoP, current US$ | -5.1% |
| 2017 | 593.15 billion BoP, current US$ | +16.9% |
| 2018 | 649.23 billion BoP, current US$ | +9.5% |
| 2019 | 607.54 billion BoP, current US$ | -6.4% |
| 2020 | 544.12 billion BoP, current US$ | -10.4% |
| 2021 | 705.15 billion BoP, current US$ | +29.6% |
| 2022 | 822.85 billion BoP, current US$ | +16.7% |
| 2023 | 755.27 billion BoP, current US$ | -8.2% |
| 2024 | 764.53 billion BoP, current US$ | +1.2% |
| 2025 | 765.53 billion BoP, current US$ | +0.1% |
South Korea compared with similar countries
- South Korea's 765.53 billion BoP, current US$ is above the median for high income countries, which is 66.46 billion BoP, current US$, 11.5× the median. (72 countries reporting)
- South Korea's 765.53 billion BoP, current US$ is above the median for East Asia & Pacific, which is 11.83 billion BoP, current US$, 64.7× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 15.61 billion BoP, current US$ | 9.60 billion BoP, current US$ | 22.60 billion BoP, current US$ | 4 |
| 1980s | 35.61 billion BoP, current US$ | 25.32 billion BoP, current US$ | 63.99 billion BoP, current US$ | 10 |
| 1990s | 119.94 billion BoP, current US$ | 73.84 billion BoP, current US$ | 171.38 billion BoP, current US$ | 10 |
| 2000s | 305.96 billion BoP, current US$ | 170.06 billion BoP, current US$ | 518.52 billion BoP, current US$ | 10 |
| 2010s | 602.06 billion BoP, current US$ | 507.61 billion BoP, current US$ | 663.27 billion BoP, current US$ | 10 |
| 2020s | 726.24 billion BoP, current US$ | 544.12 billion BoP, current US$ | 822.85 billion BoP, current US$ | 6 |
Countries ranked near South Korea
- 9 Singapore 860.24 billion BoP, current US$ compare
- 10 Hong Kong 841.39 billion BoP, current US$ compare
- 11 Italy 773.81 billion BoP, current US$ compare
- 13 Canada 747.73 billion BoP, current US$ compare
- 14 Mexico 743.56 billion BoP, current US$ compare
- 15 Switzerland 727.33 billion BoP, current US$ compare
More economy & growth data for South Korea
- 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)
- IMF holdings of currency, SDR, annual growth rate -0.4147 % change on previous year (2025)
Frequently asked questions
- What is imports of goods and services in South Korea?
- Imports of goods and services in South Korea was 765.53 billion BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest imports of goods and services recorded in South Korea?
- The highest recorded value was 822.85 billion BoP, current US$ in 2022.
- What is the lowest imports of goods and services recorded in South Korea?
- The lowest recorded value was 9.60 billion BoP, current US$ in 1976.
- How does South Korea rank for imports of goods and services?
- South Korea ranks 12th out of 200 countries with data for 2025.
- Is imports of goods and services rising or falling in South Korea?
- Over the last ten years it is up 43.1%. 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 Imports of goods and services (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
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.