Euro area vs South Korea: Merchandise imports by the reporting economy (current US$)
Euro area
5.84 trillion current US$
in 2023
South Korea
640.41 billion current US$
in 2023
Euro area rank
13th
South Korea rank
10th
Merchandise imports by the reporting economy (current US$) over time
- Euro area
- South Korea
How they compare
Euro area currently reports 5.84 trillion current US$ against 640.41 billion current US$ in South Korea, a difference of 5.19 trillion current US$.
That makes Euro area's figure about 9.1 times South Korea's.
Across all 64 years both countries report, Euro area has been ahead every year.
Euro area ranks 13th and South Korea ranks 10th of 47 groups.
Euro area has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | Euro area | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 44.63 billion current US$ | 721.78 million current US$ | 43.91 billion current US$ | Euro area |
| 1970s | 219.70 billion current US$ | 7.85 billion current US$ | 211.85 billion current US$ | Euro area |
| 1980s | 558.82 billion current US$ | 32.42 billion current US$ | 526.40 billion current US$ | Euro area |
| 1990s | 1.28 trillion current US$ | 104.75 billion current US$ | 1.17 trillion current US$ | Euro area |
| 2000s | 3.03 trillion current US$ | 254.12 billion current US$ | 2.78 trillion current US$ | Euro area |
| 2010s | 4.36 trillion current US$ | 485.56 billion current US$ | 3.88 trillion current US$ | Euro area |
| 2020s | 5.41 trillion current US$ | 610.38 billion current US$ | 4.80 trillion current US$ | Euro area |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher merchandise imports by the reporting economy, Euro area or South Korea?
- Euro area, at 5.84 trillion current US$ against 640.41 billion current US$ in South Korea as of 2023.
- What is the difference in merchandise imports by the reporting economy between Euro area and South Korea?
- 5.19 trillion current US$, with Euro area ahead.
- How many years of comparable data are there for Euro area and South Korea?
- 64 years are reported by both, from 1960 to 2023.
- How do Euro area and South Korea rank globally for merchandise imports by the reporting economy?
- Euro area ranks 13th and South Korea ranks 10th of 47 groups.
- Where does this data come from?
- Staff estimates, World Bank (WB), published as Merchandise imports by the reporting economy (current US$). 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.