Imports of goods and services in Republic of Korea
Republic of Korea: Imports of goods and services 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
11th
of 199 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 Republic of Korea, 1976–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Republic of Korea recorded 765.53 billion BoP, current US$ 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 Republic of Korea peaked at 822.85 billion BoP, current US$ in 2022 and was at its lowest, 9.60 billion BoP, current US$, in 1976.
That places Republic of Korea 11th out of 199 countries with data for 2025, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Imports of goods and services in Republic of Korea, year by year
| Year | BoP, current US$ | 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% |
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 Republic of Korea
- 8 Netherlands 867.34 billion BoP, current US$ compare
- 9 Singapore 860.24 billion BoP, current US$ compare
- 10 Italy 773.81 billion BoP, current US$ compare
- 12 Canada 746.62 billion BoP, current US$ compare
- 13 Mexico 740.22 billion BoP, current US$ compare
- 14 Hong Kong, China 723.14 billion BoP, current US$ compare
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 imports of goods and services in Republic of Korea?
- Imports of goods and services in Republic of 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 Republic of 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 Republic of Korea?
- The lowest recorded value was 9.60 billion BoP, current US$ in 1976.
- How does Republic of Korea rank for imports of goods and services?
- Republic of Korea ranks 11th out of 199 countries with data for 2025.
- Is imports of goods and services rising or falling in Republic of Korea?
- Over the last ten years it is up 43.1%. 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 Imports of goods and services (BoP, current US$). Statizoid updates them automatically from the source API.
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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.