India vs South Korea: Merchandise imports by the reporting economy
India
666.53 billion current US$
in 2023
South Korea
640.41 billion current US$
in 2023
India rank
8th
South Korea rank
10th
Merchandise imports by the reporting economy over time
- India
- South Korea
How they compare
India currently reports 666.53 billion current US$ against 640.41 billion current US$ in South Korea, a difference of 26.13 billion current US$.
The two have swapped places 2 times across 64 shared years of data; in 1960 it was India ahead.
India ranks 8th and South Korea ranks 10th of 206 countries.
Across the 7 decades both report, India averaged higher in 1 and South Korea in 6.
Head to head by decade
| Decade | India | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 2.21 billion current US$ | 721.78 million current US$ | 1.49 billion current US$ | India |
| 1970s | 4.46 billion current US$ | 7.85 billion current US$ | 3.39 billion current US$ | South Korea |
| 1980s | 13.74 billion current US$ | 32.42 billion current US$ | 18.68 billion current US$ | South Korea |
| 1990s | 29.65 billion current US$ | 104.75 billion current US$ | 75.10 billion current US$ | South Korea |
| 2000s | 131.54 billion current US$ | 254.12 billion current US$ | 122.58 billion current US$ | South Korea |
| 2010s | 437.17 billion current US$ | 485.56 billion current US$ | 48.39 billion current US$ | South Korea |
| 2020s | 584.05 billion current US$ | 610.38 billion current US$ | 26.33 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, India or South Korea?
- India, at 666.53 billion 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 India and South Korea?
- 26.13 billion current US$, with India ahead.
- How many years of comparable data are there for India and South Korea?
- 64 years are reported by both, from 1960 to 2023.
- How do India and South Korea rank globally for merchandise imports by the reporting economy?
- India ranks 8th and South Korea ranks 10th of 206 countries.
- Where does this data come from?
- Staff estimates, World Bank (WB), published as Merchandise imports by the reporting economy (current US$). 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.