Merchandise exports by the reporting economy, residual (% of total) in South Korea
South Korea: Merchandise exports by the reporting economy, residual (% of total) was 0.0% in 2023. ◆ Volatile
Merchandise exports by the reporting economy, residual in South Korea, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
The most recent figure for merchandise exports by the reporting economy, residual in South Korea is 0.0%, measured in 2023.
That represents a change of down 5.1% on the previous year and down 92.9% over ten years.
Over the whole period, merchandise exports by the reporting economy, residual in South Korea peaked at 0.6% in 1992 and was at its lowest, -0.0%, in 1971.
That places South Korea 54th out of 206 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise exports by the reporting economy, residual (% of total) in South Korea, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1960 | 0.0% | — |
| 1961 | 0.0% | — |
| 1962 | 0.0% | — |
| 1963 | 0.0% | — |
| 1964 | 0.0% | -100.0% |
| 1965 | 0.0% | — |
| 1966 | 0.0% | — |
| 1967 | 0.0% | -100.0% |
| 1968 | 0.0% | — |
| 1969 | 0.0% | — |
| 1970 | 0.0% | — |
| 1971 | -0.0% | — |
| 1972 | 0.0% | -100.0% |
| 1973 | 0.0% | — |
| 1974 | 0.0% | — |
| 1975 | 0.0% | -100.0% |
| 1976 | 0.1% | — |
| 1977 | 0.2% | +49.0% |
| 1978 | 0.2% | +10.0% |
| 1979 | 0.3% | +49.3% |
| 1980 | 0.2% | -36.7% |
| 1981 | 0.3% | +52.7% |
| 1982 | 0.3% | +15.3% |
| 1983 | 0.1% | -75.1% |
| 1984 | 0.1% | +74.8% |
| 1985 | 0.1% | -18.5% |
| 1986 | 0.1% | -8.3% |
| 1987 | 0.1% | -8.0% |
| 1988 | 0.1% | +17.9% |
| 1989 | 0.1% | -42.4% |
| 1990 | 0.1% | +33.0% |
| 1991 | 0.1% | +60.1% |
| 1992 | 0.6% | +326.4% |
| 1993 | 0.5% | -15.9% |
| 1994 | 0.1% | -78.5% |
| 1995 | 0.1% | -9.1% |
| 1996 | 0.1% | +2.5% |
| 1997 | 0.2% | +69.8% |
| 1998 | 0.2% | +30.4% |
| 1999 | 0.2% | -7.9% |
| 2000 | 0.2% | +13.1% |
| 2001 | 0.4% | +67.4% |
| 2002 | 0.2% | -58.6% |
| 2003 | 0.1% | -63.8% |
| 2004 | 0.1% | +63.7% |
| 2005 | 0.2% | +121.7% |
| 2006 | 0.3% | +52.4% |
| 2007 | 0.3% | +8.7% |
| 2008 | 0.2% | -47.8% |
| 2009 | 0.1% | -42.6% |
| 2010 | 0.1% | +40.1% |
| 2011 | 0.1% | -20.0% |
| 2012 | 0.1% | -14.3% |
| 2013 | 0.1% | -16.6% |
| 2014 | 0.0% | -47.9% |
| 2015 | 0.1% | +107.0% |
| 2016 | 0.1% | -23.0% |
| 2017 | 0.0% | -84.1% |
| 2018 | 0.0% | -67.9% |
| 2019 | 0.0% | +20.4% |
| 2020 | 0.0% | -8.3% |
| 2021 | 0.0% | +28.9% |
| 2022 | 0.0% | +24.8% |
| 2023 | 0.0% | -5.1% |
South Korea compared with similar countries
- South Korea's 0.0% is above the median for high income countries, which is 0.0%, 2.9× the median. (74 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.0% | 0.0% | 0.0% | 10 |
| 1970s | 0.1% | -0.0% | 0.3% | 10 |
| 1980s | 0.1% | 0.1% | 0.3% | 10 |
| 1990s | 0.2% | 0.1% | 0.6% | 10 |
| 2000s | 0.2% | 0.1% | 0.4% | 10 |
| 2010s | 0.1% | 0.0% | 0.1% | 10 |
| 2020s | 0.0% | 0.0% | 0.0% | 4 |
Countries ranked near South Korea
More private sector data for South Korea
- Merchandise trade 71.6% (2025)
- Food imports 6.5% (2025)
- Manufactures imports 62.1% (2025)
- Merchandise imports 631.89 billion current US$ (2025)
- Commercial service imports 183.44 billion current US$ (2025)
- Food exports 1.7% (2025)
- Manufactures exports 88.0% (2025)
- Merchandise exports 709.33 billion current US$ (2025)
- Commercial service exports 149.31 billion current US$ (2025)
- Merchandise exports (current US$), per capita 13,724 current US$ per person (2025)
Frequently asked questions
- What is merchandise exports by the reporting economy, residual in South Korea?
- Merchandise exports by the reporting economy, residual in South Korea was 0.0% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports by the reporting economy, residual recorded in South Korea?
- The highest recorded value was 0.6% in 1992.
- What is the lowest merchandise exports by the reporting economy, residual recorded in South Korea?
- The lowest recorded value was -0.0% in 1971.
- How does South Korea rank for merchandise exports by the reporting economy, residual?
- South Korea ranks 54th out of 206 countries with data for 2023.
- Is merchandise exports by the reporting economy, residual rising or falling in South Korea?
- Over the last ten years it is down 92.9%. The long-run trend across the full record is volatile.
- Where does this South Korea data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports by the reporting economy, residual (% of total merchandise exports). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 64 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Merchandise exports by the reporting economy residuals 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, less the sum of exports by the reporting economy to high-, low-, and middle-income economies according to the World Bank classification of economies. Includes trade with unspecified partners or with economies not covered by World Bank classification. Data are as a percentage of total merchandise exports by the economy.