Merchandise imports by the reporting economy (current US$), gaps in Republic of Korea
Republic of Korea: Merchandise imports by the reporting economy (current US$), gaps was 640.41 billion current US$ in 2023. ◆ Volatile
Merchandise imports by the reporting economy (current US$), gaps in Republic of Korea, 1960–2023
Source: Statizoid (derived). Measured in current US$.
Analysis
In 2023, merchandise imports by the reporting economy (current us$), gaps in Republic of Korea stood at 640.41 billion current US$.
The figure is down 11.7% on the previous year and up 24.3% over ten years.
Over the whole period, merchandise imports by the reporting economy (current us$), gaps in Republic of Korea peaked at 724.92 billion current US$ in 2022 and was at its lowest, 268.60 million current US$, in 1960.
That places Republic of Korea 10th out of 206 countries with data for 2023, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise imports by the reporting economy (current US$), gaps in Republic of Korea, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 268.60 million current US$ | — |
| 1961 | 287.90 million current US$ | +7.2% |
| 1962 | 399.20 million current US$ | +38.7% |
| 1963 | 537.10 million current US$ | +34.5% |
| 1964 | 383.10 million current US$ | -28.7% |
| 1965 | 429.30 million current US$ | +12.1% |
| 1966 | 697.00 million current US$ | +62.4% |
| 1967 | 962.50 million current US$ | +38.1% |
| 1968 | 1.45 billion current US$ | +50.7% |
| 1969 | 1.80 billion current US$ | +24.2% |
| 1970 | 1.96 billion current US$ | +8.5% |
| 1971 | 2.35 billion current US$ | +20.3% |
| 1972 | 2.45 billion current US$ | +4.3% |
| 1973 | 4.15 billion current US$ | +69.1% |
| 1974 | 6.48 billion current US$ | +56.2% |
| 1975 | 7.01 billion current US$ | +8.1% |
| 1976 | 8.60 billion current US$ | +22.7% |
| 1977 | 10.75 billion current US$ | +25.0% |
| 1978 | 14.85 billion current US$ | +38.2% |
| 1979 | 19.93 billion current US$ | +34.2% |
| 1980 | 21.26 billion current US$ | +6.7% |
| 1981 | 24.80 billion current US$ | +16.7% |
| 1982 | 22.96 billion current US$ | -7.4% |
| 1983 | 24.81 billion current US$ | +8.0% |
| 1984 | 28.74 billion current US$ | +15.8% |
| 1985 | 28.80 billion current US$ | +0.2% |
| 1986 | 29.83 billion current US$ | +3.6% |
| 1987 | 38.55 billion current US$ | +29.2% |
| 1988 | 48.35 billion current US$ | +25.4% |
| 1989 | 56.07 billion current US$ | +16.0% |
| 1990 | 64.67 billion current US$ | +15.3% |
| 1991 | 80.15 billion current US$ | +23.9% |
| 1992 | 80.24 billion current US$ | +0.1% |
| 1993 | 83.07 billion current US$ | +3.5% |
| 1994 | 101.08 billion current US$ | +21.7% |
| 1995 | 133.38 billion current US$ | +32.0% |
| 1996 | 148.16 billion current US$ | +11.1% |
| 1997 | 143.84 billion current US$ | -2.9% |
| 1998 | 93.26 billion current US$ | -35.2% |
| 1999 | 119.64 billion current US$ | +28.3% |
| 2000 | 160.34 billion current US$ | +34.0% |
| 2001 | 140.96 billion current US$ | -12.1% |
| 2002 | 151.34 billion current US$ | +7.4% |
| 2003 | 178.79 billion current US$ | +18.1% |
| 2004 | 224.41 billion current US$ | +25.5% |
| 2005 | 261.15 billion current US$ | +16.4% |
| 2006 | 309.26 billion current US$ | +18.4% |
| 2007 | 356.76 billion current US$ | +15.4% |
| 2008 | 435.21 billion current US$ | +22.0% |
| 2009 | 322.96 billion current US$ | -25.8% |
| 2010 | 425.04 billion current US$ | +31.6% |
| 2011 | 524.18 billion current US$ | +23.3% |
| 2012 | 519.38 billion current US$ | -0.9% |
| 2013 | 515.29 billion current US$ | -0.8% |
| 2014 | 525.38 billion current US$ | +2.0% |
| 2015 | 436.12 billion current US$ | -17.0% |
| 2016 | 405.52 billion current US$ | -7.0% |
| 2017 | 471.76 billion current US$ | +16.3% |
| 2018 | 532.51 billion current US$ | +12.9% |
| 2019 | 500.42 billion current US$ | -6.0% |
| 2020 | 464.56 billion current US$ | -7.2% |
| 2021 | 611.64 billion current US$ | +31.7% |
| 2022 | 724.92 billion current US$ | +18.5% |
| 2023 | 640.41 billion current US$ | -11.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 721.78 million current US$ | 268.60 million current US$ | 1.80 billion current US$ | 10 |
| 1970s | 7.85 billion current US$ | 1.96 billion current US$ | 19.93 billion current US$ | 10 |
| 1980s | 32.42 billion current US$ | 21.26 billion current US$ | 56.07 billion current US$ | 10 |
| 1990s | 104.75 billion current US$ | 64.67 billion current US$ | 148.16 billion current US$ | 10 |
| 2000s | 254.12 billion current US$ | 140.96 billion current US$ | 435.21 billion current US$ | 10 |
| 2010s | 485.56 billion current US$ | 405.52 billion current US$ | 532.51 billion current US$ | 10 |
| 2020s | 610.38 billion current US$ | 464.56 billion current US$ | 724.92 billion current US$ | 4 |
Countries ranked near Republic of Korea
- 7 United Kingdom of Great Britain and Northern Ireland 721.75 billion current US$ compare
- 8 India 666.53 billion current US$ compare
- 9 Hong Kong, China 655.42 billion current US$ compare
- 11 Italy 634.52 billion current US$ compare
- 12 Mexico 633.53 billion current US$ compare
- 13 Canada 585.79 billion current US$ compare
More private sector data for Republic of Korea
- Merchandise trade 71.6% (2025)
- Food imports 6.3% (2024)
- Manufactures imports 60.1% (2024)
- Merchandise imports 631.89 billion current US$ (2025)
- Food exports 1.6% (2024)
- Manufactures exports 87.3% (2024)
- Merchandise exports 709.33 billion current US$ (2025)
- Merchandise exports (current US$), per capita 13,724 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.3788 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 3.76 % change on previous year (2025)
Frequently asked questions
- What is merchandise imports by the reporting economy (current us$), gaps in Republic of Korea?
- Merchandise imports by the reporting economy (current us$), gaps in Republic of Korea was 640.41 billion current US$ in 2023, according to Statizoid (derived).
- What is the highest merchandise imports by the reporting economy (current us$), gaps recorded in Republic of Korea?
- The highest recorded value was 724.92 billion current US$ in 2022.
- What is the lowest merchandise imports by the reporting economy (current us$), gaps recorded in Republic of Korea?
- The lowest recorded value was 268.60 million current US$ in 1960.
- How does Republic of Korea rank for merchandise imports by the reporting economy (current us$), gaps?
- Republic of Korea ranks 10th out of 206 countries with data for 2023.
- Is merchandise imports by the reporting economy (current us$), gaps rising or falling in Republic of Korea?
- Over the last ten years it is up 24.3%. The long-run trend across the full record is volatile.
- Where does this Republic of Korea data come from?
- The figures come from Statizoid (derived), published as part of Merchandise imports by the reporting economy (current US$), gaps filled. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Merchandise imports by the reporting economy (current US$) with 55 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.
Computed from
- Merchandise imports by the reporting economy Staff estimates, World Bank (WB)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Merchandise imports by the reporting economy (current US$) with 55 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.