Share of global merchandise exports in Republic of Korea
Republic of Korea: Share of global merchandise exports was 2.8% in 2024. ▲ Rising
Share of global merchandise exports in Republic of Korea, 2000–2024
Source: UN Conference on Trade and Development and World Trade Organization – processed by Our World in Data. Measured in %.
Analysis
Republic of Korea recorded 2.8% for share of global merchandise exports in 2024.
Compared with earlier readings it is up 5.7% on the previous year and down 7.0% over ten years.
Over the whole period, share of global merchandise exports in Republic of Korea peaked at 3.2% in 2017 and was at its lowest, 2.4%, in 2001.
Republic of Korea ranks 6th of 219 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 25 years of available data.
Share of global merchandise exports in Republic of Korea, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 2.7% | — |
| 2001 | 2.4% | -9.0% |
| 2002 | 2.5% | +2.9% |
| 2003 | 2.5% | +2.0% |
| 2004 | 2.8% | +7.8% |
| 2005 | 2.7% | -1.5% |
| 2006 | 2.7% | -1.1% |
| 2007 | 2.6% | -1.1% |
| 2008 | 2.6% | -1.5% |
| 2009 | 2.9% | +10.7% |
| 2010 | 3.0% | +5.5% |
| 2011 | 3.0% | -0.7% |
| 2012 | 3.0% | -2.3% |
| 2013 | 3.0% | -0.3% |
| 2014 | 3.0% | +2.0% |
| 2015 | 3.2% | +5.6% |
| 2016 | 3.1% | -2.8% |
| 2017 | 3.2% | +4.5% |
| 2018 | 3.1% | -4.3% |
| 2019 | 2.9% | -7.8% |
| 2020 | 2.9% | +1.8% |
| 2021 | 2.9% | -0.3% |
| 2022 | 2.7% | -5.2% |
| 2023 | 2.6% | -3.3% |
| 2024 | 2.8% | +5.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.6% | 2.4% | 2.9% | 10 |
| 2010s | 3.0% | 2.9% | 3.2% | 10 |
| 2020s | 2.8% | 2.6% | 2.9% | 5 |
Countries ranked near Republic of Korea
More economy & growth data for Republic of Korea
- Services, value added (constant LCU), per capita 26.07 million constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 3.13 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 0.0121 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9302 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 33,699 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 4.34 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 1,323 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 47.93 million current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 1.17 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.9641 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is share of global merchandise exports in Republic of Korea?
- Share of global merchandise exports in Republic of Korea was 2.8% in 2024, according to UN Conference on Trade and Development and World Trade Organization – processed by Our World in Data.
- What is the highest share of global merchandise exports recorded in Republic of Korea?
- The highest recorded value was 3.2% in 2017.
- What is the lowest share of global merchandise exports recorded in Republic of Korea?
- The lowest recorded value was 2.4% in 2001.
- How does Republic of Korea rank for share of global merchandise exports?
- Republic of Korea ranks 6th out of 219 countries with data for 2024.
- Is share of global merchandise exports rising or falling in Republic of Korea?
- Over the last ten years it is down 7.0%. The long-run trend across the full record is rising.
- Where does this Republic of Korea data come from?
- The figures come from UN Conference on Trade and Development and World Trade Organization – processed by Our World in Data, published as part of Share of global merchandise exports. Statizoid updates them automatically from the source API.
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About this data
Developing countries’ and least developed countries’ share of global merchandise exports (%).