Imports of goods and services in Republic of Korea
Republic of Korea: Imports of goods and services was 730.66 billion constant 2015 US$ in 2025. ◆ Volatile
Latest (2025)
730.66 billion constant 2015 US$
Change on year
up 3.8%
World rank
8th
of 172 countries
All-time high
730.66 billion constant 2015 US$
in 2025
All-time low
1.11 billion constant 2015 US$
in 1961
Years of data
66
1960–2025
Imports of goods and services in Republic of Korea, 1960–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
Republic of Korea recorded 730.66 billion constant 2015 US$ for imports of goods and services in 2025. That is the highest value across all 66 years on record.
Compared with earlier readings it is up 3.8% on the previous year and up 37.9% over ten years.
Over the whole period, imports of goods and services in Republic of Korea peaked at 730.66 billion constant 2015 US$ in 2025 and was at its lowest, 1.11 billion constant 2015 US$, in 1961.
Republic of Korea ranks 8th of 172 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Imports of goods and services in Republic of Korea, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1960 | 1.21 billion constant 2015 US$ | — |
| 1961 | 1.11 billion constant 2015 US$ | -8.6% |
| 1962 | 1.51 billion constant 2015 US$ | +35.9% |
| 1963 | 1.88 billion constant 2015 US$ | +24.8% |
| 1964 | 1.41 billion constant 2015 US$ | -24.9% |
| 1965 | 1.61 billion constant 2015 US$ | +13.6% |
| 1966 | 2.40 billion constant 2015 US$ | +49.6% |
| 1967 | 3.13 billion constant 2015 US$ | +30.4% |
| 1968 | 4.44 billion constant 2015 US$ | +41.8% |
| 1969 | 5.61 billion constant 2015 US$ | +26.1% |
| 1970 | 6.11 billion constant 2015 US$ | +9.0% |
| 1971 | 7.33 billion constant 2015 US$ | +20.0% |
| 1972 | 7.35 billion constant 2015 US$ | +0.3% |
| 1973 | 9.84 billion constant 2015 US$ | +33.8% |
| 1974 | 11.76 billion constant 2015 US$ | +19.5% |
| 1975 | 12.26 billion constant 2015 US$ | +4.2% |
| 1976 | 15.28 billion constant 2015 US$ | +24.6% |
| 1977 | 18.65 billion constant 2015 US$ | +22.1% |
| 1978 | 24.38 billion constant 2015 US$ | +30.7% |
| 1979 | 27.61 billion constant 2015 US$ | +13.3% |
| 1980 | 26.73 billion constant 2015 US$ | -3.2% |
| 1981 | 27.99 billion constant 2015 US$ | +4.7% |
| 1982 | 28.44 billion constant 2015 US$ | +1.6% |
| 1983 | 30.38 billion constant 2015 US$ | +6.8% |
| 1984 | 31.68 billion constant 2015 US$ | +4.3% |
| 1985 | 31.02 billion constant 2015 US$ | -2.1% |
| 1986 | 41.35 billion constant 2015 US$ | +33.3% |
| 1987 | 48.86 billion constant 2015 US$ | +18.1% |
| 1988 | 55.29 billion constant 2015 US$ | +13.2% |
| 1989 | 64.07 billion constant 2015 US$ | +15.9% |
| 1990 | 72.65 billion constant 2015 US$ | +13.4% |
| 1991 | 87.16 billion constant 2015 US$ | +20.0% |
| 1992 | 91.21 billion constant 2015 US$ | +4.6% |
| 1993 | 97.64 billion constant 2015 US$ | +7.1% |
| 1994 | 122.80 billion constant 2015 US$ | +25.8% |
| 1995 | 151.33 billion constant 2015 US$ | +23.2% |
| 1996 | 172.24 billion constant 2015 US$ | +13.8% |
| 1997 | 175.33 billion constant 2015 US$ | +1.8% |
| 1998 | 132.23 billion constant 2015 US$ | -24.6% |
| 1999 | 164.76 billion constant 2015 US$ | +24.6% |
| 2000 | 201.72 billion constant 2015 US$ | +22.4% |
| 2001 | 194.64 billion constant 2015 US$ | -3.5% |
| 2002 | 224.10 billion constant 2015 US$ | +15.1% |
| 2003 | 247.87 billion constant 2015 US$ | +10.6% |
| 2004 | 277.64 billion constant 2015 US$ | +12.0% |
| 2005 | 299.80 billion constant 2015 US$ | +8.0% |
| 2006 | 337.62 billion constant 2015 US$ | +12.6% |
| 2007 | 376.41 billion constant 2015 US$ | +11.5% |
| 2008 | 389.04 billion constant 2015 US$ | +3.4% |
| 2009 | 363.34 billion constant 2015 US$ | -6.6% |
| 2010 | 428.08 billion constant 2015 US$ | +17.8% |
| 2011 | 490.47 billion constant 2015 US$ | +14.6% |
| 2012 | 503.35 billion constant 2015 US$ | +2.6% |
| 2013 | 512.69 billion constant 2015 US$ | +1.9% |
| 2014 | 519.70 billion constant 2015 US$ | +1.4% |
| 2015 | 529.80 billion constant 2015 US$ | +1.9% |
| 2016 | 558.56 billion constant 2015 US$ | +5.4% |
| 2017 | 602.81 billion constant 2015 US$ | +7.9% |
| 2018 | 612.67 billion constant 2015 US$ | +1.6% |
| 2019 | 600.30 billion constant 2015 US$ | -2.0% |
| 2020 | 580.73 billion constant 2015 US$ | -3.3% |
| 2021 | 639.89 billion constant 2015 US$ | +10.2% |
| 2022 | 666.46 billion constant 2015 US$ | +4.2% |
| 2023 | 686.55 billion constant 2015 US$ | +3.0% |
| 2024 | 703.62 billion constant 2015 US$ | +2.5% |
| 2025 | 730.66 billion constant 2015 US$ | +3.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.43 billion constant 2015 US$ | 1.11 billion constant 2015 US$ | 5.61 billion constant 2015 US$ | 10 |
| 1970s | 14.06 billion constant 2015 US$ | 6.11 billion constant 2015 US$ | 27.61 billion constant 2015 US$ | 10 |
| 1980s | 38.58 billion constant 2015 US$ | 26.73 billion constant 2015 US$ | 64.07 billion constant 2015 US$ | 10 |
| 1990s | 126.73 billion constant 2015 US$ | 72.65 billion constant 2015 US$ | 175.33 billion constant 2015 US$ | 10 |
| 2000s | 291.22 billion constant 2015 US$ | 194.64 billion constant 2015 US$ | 389.04 billion constant 2015 US$ | 10 |
| 2010s | 535.84 billion constant 2015 US$ | 428.08 billion constant 2015 US$ | 612.67 billion constant 2015 US$ | 10 |
| 2020s | 667.99 billion constant 2015 US$ | 580.73 billion constant 2015 US$ | 730.66 billion constant 2015 US$ | 6 |
Countries ranked near Republic of Korea
- 5 Japan 907.55 billion constant 2015 US$ compare
- 6 India 792.60 billion constant 2015 US$ compare
- 7 Singapore 764.03 billion constant 2015 US$ compare
- 9 Netherlands 717.58 billion constant 2015 US$ compare
- 10 Hong Kong, China 649.57 billion constant 2015 US$ compare
- 11 Italy 626.30 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 imports of goods and services in Republic of Korea?
- Imports of goods and services in Republic of Korea was 730.66 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest imports of goods and services recorded in Republic of Korea?
- The highest recorded value was 730.66 billion constant 2015 US$ in 2025.
- What is the lowest imports of goods and services recorded in Republic of Korea?
- The lowest recorded value was 1.11 billion constant 2015 US$ in 1961.
- How does Republic of Korea rank for imports of goods and services?
- Republic of Korea ranks 8th out of 172 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 37.9%. 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 Offices (NSOs), published as part of Imports 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
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 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.