Canada vs South Korea: Merchandise imports by the reporting economy
Canada
585.79 billion current US$
in 2023
South Korea
640.41 billion current US$
in 2023
Canada rank
13th
South Korea rank
10th
Merchandise imports by the reporting economy over time
- Canada
- South Korea
How they compare
South Korea currently reports 640.41 billion current US$ against 585.79 billion current US$ in Canada, a difference of 54.62 billion current US$.
That makes South Korea's figure about 1.1 times Canada's.
The two have swapped places 5 times across 64 shared years of data; in 1960 it was Canada ahead.
Canada ranks 13th and South Korea ranks 10th of 206 countries.
Across the 7 decades both report, Canada averaged higher in 5 and South Korea in 2.
Head to head by decade
| Decade | Canada | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 8.88 billion current US$ | 721.78 million current US$ | 8.16 billion current US$ | Canada |
| 1970s | 33.93 billion current US$ | 7.85 billion current US$ | 26.07 billion current US$ | Canada |
| 1980s | 84.83 billion current US$ | 32.42 billion current US$ | 52.41 billion current US$ | Canada |
| 1990s | 169.78 billion current US$ | 104.75 billion current US$ | 65.03 billion current US$ | Canada |
| 2000s | 310.95 billion current US$ | 254.12 billion current US$ | 56.83 billion current US$ | Canada |
| 2010s | 462.03 billion current US$ | 485.56 billion current US$ | 23.53 billion current US$ | South Korea |
| 2020s | 530.50 billion current US$ | 610.38 billion current US$ | 79.88 billion current US$ | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher merchandise imports by the reporting economy, Canada or South Korea?
- South Korea, at 640.41 billion current US$ against 585.79 billion current US$ in Canada as of 2023.
- What is the difference in merchandise imports by the reporting economy between Canada and South Korea?
- 54.62 billion current US$, with South Korea ahead.
- How many years of comparable data are there for Canada and South Korea?
- 64 years are reported by both, from 1960 to 2023.
- How do Canada and South Korea rank globally for merchandise imports by the reporting economy?
- Canada ranks 13th and South Korea ranks 10th of 206 countries.
- Where does this data come from?
- Staff estimates, World Bank (WB), published as Merchandise imports by the reporting economy (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Merchandise imports by the reporting economy are the total merchandise imports by the reporting economy from the rest of the world, as reported in the IMF's Direction of trade database. Data are in current U.S. dollars.