Japan vs Republic of Korea: Merchandise exports by the reporting economy

Japan
717.20 billion current US$
in 2023
Republic of Korea
632.29 billion current US$
in 2023
Japan rank
5th
Republic of Korea rank
8th

Merchandise exports by the reporting economy over time

  • Japan
  • Republic of Korea
0200.0B400.0B600.0B800.0B196019912023

How they compare

Japan currently reports 717.20 billion current US$ against 632.29 billion current US$ in Republic of Korea, a difference of 84.90 billion current US$.

That makes Japan's figure about 1.1 times Republic of Korea's.

Across all 64 years both countries report, Japan has been ahead every year.

Japan ranks 5th and Republic of Korea ranks 8th of 206 countries.

Japan has averaged higher in every one of the 7 decades both report.

Head to head by decade

Decade Japan Republic of Korea Difference Ahead
1960s 7.50 billion current US$ 206.77 million current US$ 7.29 billion current US$ Japan
1970s 52.90 billion current US$ 6.01 billion current US$ 46.89 billion current US$ Japan
1980s 183.26 billion current US$ 33.54 billion current US$ 149.71 billion current US$ Japan
1990s 374.30 billion current US$ 104.77 billion current US$ 269.53 billion current US$ Japan
2000s 564.85 billion current US$ 267.06 billion current US$ 297.79 billion current US$ Japan
2010s 719.33 billion current US$ 537.81 billion current US$ 181.52 billion current US$ Japan
2020s 714.50 billion current US$ 618.08 billion current US$ 96.42 billion current US$ Japan

Averages of every year both report within each decade.

Frequently asked questions

Which has higher merchandise exports by the reporting economy, Japan or Republic of Korea?
Japan, at 717.20 billion current US$ against 632.29 billion current US$ in Republic of Korea as of 2023.
What is the difference in merchandise exports by the reporting economy between Japan and Republic of Korea?
84.90 billion current US$, with Japan ahead.
How many years of comparable data are there for Japan and Republic of Korea?
64 years are reported by both, from 1960 to 2023.
How do Japan and Republic of Korea rank globally for merchandise exports by the reporting economy?
Japan ranks 5th and Republic of Korea ranks 8th of 206 countries.
Where does this data come from?
Staff estimates, World Bank (WB), published as Merchandise exports by the reporting economy (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Japan vs Republic of Korea: Merchandise exports by the reporting economy. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 31 August 2026, from https://private-sector.statizoid.com/compare/merchandise-exports-by-the-reporting-economy-current-us/japan/korea-rep/

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About this data

Indicator
Merchandise exports by the reporting economy (current US$)
Unit
current US$
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
253 places, 13,488 data points, 1960–2023
Last refreshed

Merchandise exports by the reporting economy are the total merchandise exports by the reporting economy to the rest of the world, as reported in the IMF's Direction of trade database. Data are in current US$.