Imports of goods, services and primary income in Korea
Korea: Imports of goods, services and primary income was 810.63 billion BoP, current US$ in 2025. ◆ Volatile
Imports of goods, services and primary income in Korea, 1976–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for imports of goods, services and primary income in Korea is 810.63 billion BoP, current US$, measured in 2025.
That represents a change of up 0.1% on the previous year and up 45.9% over ten years.
Over the whole period, imports of goods, services and primary income in Korea peaked at 860.90 billion BoP, current US$ in 2022 and was at its lowest, 10.11 billion BoP, current US$, in 1976.
Korea ranks 16th of 200 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Imports of goods, services and primary income in Korea, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1976 | 10.11 billion BoP, current US$ | — |
| 1977 | 13.28 billion BoP, current US$ | +31.4% |
| 1978 | 18.72 billion BoP, current US$ | +40.9% |
| 1979 | 24.12 billion BoP, current US$ | +28.9% |
| 1980 | 28.02 billion BoP, current US$ | +16.2% |
| 1981 | 32.04 billion BoP, current US$ | +14.3% |
| 1982 | 30.93 billion BoP, current US$ | -3.5% |
| 1983 | 30.92 billion BoP, current US$ | -0.0% |
| 1984 | 32.75 billion BoP, current US$ | +5.9% |
| 1985 | 30.76 billion BoP, current US$ | -6.1% |
| 1986 | 37.38 billion BoP, current US$ | +21.5% |
| 1987 | 46.32 billion BoP, current US$ | +23.9% |
| 1988 | 56.49 billion BoP, current US$ | +21.9% |
| 1989 | 67.23 billion BoP, current US$ | +19.0% |
| 1990 | 77.09 billion BoP, current US$ | +14.7% |
| 1991 | 90.13 billion BoP, current US$ | +16.9% |
| 1992 | 91.68 billion BoP, current US$ | +1.7% |
| 1993 | 96.38 billion BoP, current US$ | +5.1% |
| 1994 | 118.16 billion BoP, current US$ | +22.6% |
| 1995 | 157.99 billion BoP, current US$ | +33.7% |
| 1996 | 177.46 billion BoP, current US$ | +12.3% |
| 1997 | 175.53 billion BoP, current US$ | -1.1% |
| 1998 | 121.49 billion BoP, current US$ | -30.8% |
| 1999 | 147.73 billion BoP, current US$ | +21.6% |
| 2000 | 198.72 billion BoP, current US$ | +34.5% |
| 2001 | 181.05 billion BoP, current US$ | -8.9% |
| 2002 | 193.10 billion BoP, current US$ | +6.7% |
| 2003 | 223.89 billion BoP, current US$ | +15.9% |
| 2004 | 279.79 billion BoP, current US$ | +25.0% |
| 2005 | 331.80 billion BoP, current US$ | +18.6% |
| 2006 | 394.36 billion BoP, current US$ | +18.9% |
| 2007 | 459.47 billion BoP, current US$ | +16.5% |
| 2008 | 541.74 billion BoP, current US$ | +17.9% |
| 2009 | 415.90 billion BoP, current US$ | -23.2% |
| 2010 | 535.49 billion BoP, current US$ | +28.8% |
| 2011 | 683.08 billion BoP, current US$ | +27.6% |
| 2012 | 681.69 billion BoP, current US$ | -0.2% |
| 2013 | 669.25 billion BoP, current US$ | -1.8% |
| 2014 | 665.52 billion BoP, current US$ | -0.6% |
| 2015 | 555.58 billion BoP, current US$ | -16.5% |
| 2016 | 529.52 billion BoP, current US$ | -4.7% |
| 2017 | 617.29 billion BoP, current US$ | +16.6% |
| 2018 | 679.15 billion BoP, current US$ | +10.0% |
| 2019 | 636.06 billion BoP, current US$ | -6.3% |
| 2020 | 569.02 billion BoP, current US$ | -10.5% |
| 2021 | 740.82 billion BoP, current US$ | +30.2% |
| 2022 | 860.90 billion BoP, current US$ | +16.2% |
| 2023 | 799.52 billion BoP, current US$ | -7.1% |
| 2024 | 809.67 billion BoP, current US$ | +1.3% |
| 2025 | 810.63 billion BoP, current US$ | +0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 16.56 billion BoP, current US$ | 10.11 billion BoP, current US$ | 24.12 billion BoP, current US$ | 4 |
| 1980s | 39.28 billion BoP, current US$ | 28.02 billion BoP, current US$ | 67.23 billion BoP, current US$ | 10 |
| 1990s | 125.36 billion BoP, current US$ | 77.09 billion BoP, current US$ | 177.46 billion BoP, current US$ | 10 |
| 2000s | 321.98 billion BoP, current US$ | 181.05 billion BoP, current US$ | 541.74 billion BoP, current US$ | 10 |
| 2010s | 625.26 billion BoP, current US$ | 529.52 billion BoP, current US$ | 683.08 billion BoP, current US$ | 10 |
| 2020s | 765.09 billion BoP, current US$ | 569.02 billion BoP, current US$ | 860.90 billion BoP, current US$ | 6 |
Countries ranked near Korea
- 13 Canada 943.03 billion BoP, current US$ compare
- 14 Italy 918.47 billion BoP, current US$ compare
- 15 Mexico 820.59 billion BoP, current US$ compare
- 17 Spain 764.76 billion BoP, current US$ compare
- 18 Belgium 672.03 billion BoP, current US$ compare
- 19 Luxembourg 577.39 billion BoP, current US$ compare
More economy & growth data for Korea
- Foreign direct investment, net outflows (BoP, current US$), gaps 41.23 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.022 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 797.74 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 15.80 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 22.87 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0084 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 305.78 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 4.39 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.2332 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 8,447 includes gold, current US$ per person (2025)
Frequently asked questions
- What is imports of goods, services and primary income in Korea?
- Imports of goods, services and primary income in Korea was 810.63 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, services and primary income recorded in Korea?
- The highest recorded value was 860.90 billion BoP, current US$ in 2022.
- What is the lowest imports of goods, services and primary income recorded in Korea?
- The lowest recorded value was 10.11 billion BoP, current US$ in 1976.
- How does Korea rank for imports of goods, services and primary income?
- Korea ranks 16th out of 200 countries with data for 2025.
- Is imports of goods, services and primary income rising or falling in Korea?
- Over the last ten years it is up 45.9%. The long-run trend across the full record is volatile.
- Where does this 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, services and primary income (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. Primary income represents the return that accrues to institutional units for their contribution to the production process or for the provision of financial assets and renting natural resources to other institutional units. 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.