Value of imported goods and services in South Korea
South Korea: Value of imported 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 170 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
Value of imported goods and services in South Korea, 1960–2025
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in constant 2015 US$.
Analysis
South Korea recorded 730.66 billion constant 2015 US$ for value of imported goods and services in 2025. That is the highest value across all 66 years on record.
That represents a change of up 3.8% on the previous year and up 37.9% over ten years.
Over the whole period, value of imported goods and services in South Korea peaked at 730.66 billion constant 2015 US$ in 2025 and was at its lowest, 1.11 billion constant 2015 US$, in 1961.
South Korea ranks 8th of 170 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Value of imported goods and services in South Korea, year by year
| Year | constant 2015 US$ | 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% |
South Korea compared with similar countries
- South Korea's 730.66 billion constant 2015 US$ is above the median for high income countries, which is 97.94 billion constant 2015 US$, 7.5× the median. (63 countries reporting)
- South Korea's 730.66 billion constant 2015 US$ is above the median for East Asia & Pacific, which is 17.09 billion constant 2015 US$, 42.8× the median. (27 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.43 billion constant 2015 US$ | 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 South 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 649.57 billion constant 2015 US$ compare
- 11 Italy 626.30 billion constant 2015 US$ compare
More economy & growth data for South 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 value of imported goods and services in South Korea?
- Value of imported goods and services in South Korea was 730.66 billion constant 2015 US$ in 2025, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
- What is the highest value of imported goods and services recorded in South Korea?
- The highest recorded value was 730.66 billion constant 2015 US$ in 2025.
- What is the lowest value of imported goods and services recorded in South Korea?
- The lowest recorded value was 1.11 billion constant 2015 US$ in 1961.
- How does South Korea rank for value of imported goods and services?
- South Korea ranks 8th out of 170 countries with data for 2025.
- Is value of imported goods and services rising or falling in South Korea?
- Over the last ten years it is up 37.9%. The long-run trend across the full record is volatile.
- Where does this South Korea data come from?
- The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of Value of imported goods and services. Statizoid updates them automatically from the source API.
Download this data
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About this data
Value of imported goods and market services received from the rest of the world. This data is expressed in US dollars, adjusted for inflation.