Merchandise imports by the reporting economy in Korea, Democratic People's Republic of
Korea, Democratic People's Republic of: Merchandise imports by the reporting economy was 2.65 billion current US$ in 2023. ◆ Volatile
Merchandise imports by the reporting economy in Korea, Democratic People's Republic of, 1981–2023
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
In 2023, merchandise imports by the reporting economy in Korea, Democratic People's Republic of stood at 2.65 billion current US$.
Compared with earlier readings it is up 50.2% on the previous year and down 48.1% over ten years.
Over the whole period, merchandise imports by the reporting economy in Korea, Democratic People's Republic of peaked at 5.11 billion current US$ in 2013 and was at its lowest, 719.20 million current US$, in 2021.
Korea, Democratic People's Republic of ranks 160th of 206 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise imports by the reporting economy in Korea, Democratic People's Republic of, year by year
| Year | current US$ | Change |
|---|---|---|
| 1981 | 1.00 billion current US$ | — |
| 1982 | 1.00 billion current US$ | +0.1% |
| 1983 | 971.06 million current US$ | -3.0% |
| 1984 | 807.72 million current US$ | -16.8% |
| 1985 | 825.26 million current US$ | +2.2% |
| 1986 | 823.36 million current US$ | -0.2% |
| 1987 | 1.14 billion current US$ | +38.6% |
| 1988 | 1.34 billion current US$ | +17.4% |
| 1989 | 1.20 billion current US$ | -10.2% |
| 1990 | 1.29 billion current US$ | +7.0% |
| 1991 | 1.44 billion current US$ | +11.9% |
| 1992 | 1.37 billion current US$ | -4.6% |
| 1993 | 1.52 billion current US$ | +10.6% |
| 1994 | 1.25 billion current US$ | -17.4% |
| 1995 | 1.53 billion current US$ | +22.0% |
| 1996 | 1.97 billion current US$ | +28.7% |
| 1997 | 1.46 billion current US$ | -25.9% |
| 1998 | 1.17 billion current US$ | -19.8% |
| 1999 | 1.22 billion current US$ | +4.5% |
| 2000 | 1.94 billion current US$ | +58.6% |
| 2001 | 3.16 billion current US$ | +63.1% |
| 2002 | 2.14 billion current US$ | -32.4% |
| 2003 | 1.98 billion current US$ | -7.2% |
| 2004 | 2.44 billion current US$ | +23.2% |
| 2005 | 3.21 billion current US$ | +31.2% |
| 2006 | 3.73 billion current US$ | +16.4% |
| 2007 | 3.40 billion current US$ | -8.9% |
| 2008 | 4.59 billion current US$ | +35.0% |
| 2009 | 3.20 billion current US$ | -30.3% |
| 2010 | 3.86 billion current US$ | +20.7% |
| 2011 | 4.12 billion current US$ | +6.8% |
| 2012 | 4.47 billion current US$ | +8.3% |
| 2013 | 5.11 billion current US$ | +14.4% |
| 2014 | 4.73 billion current US$ | -7.5% |
| 2015 | 4.31 billion current US$ | -8.8% |
| 2016 | 4.04 billion current US$ | -6.3% |
| 2017 | 3.86 billion current US$ | -4.5% |
| 2018 | 2.97 billion current US$ | -23.0% |
| 2019 | 3.47 billion current US$ | +17.0% |
| 2020 | 1.02 billion current US$ | -70.6% |
| 2021 | 719.20 million current US$ | -29.6% |
| 2022 | 1.76 billion current US$ | +145.2% |
| 2023 | 2.65 billion current US$ | +50.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1.01 billion current US$ | 807.72 million current US$ | 1.34 billion current US$ | 9 |
| 1990s | 1.42 billion current US$ | 1.17 billion current US$ | 1.97 billion current US$ | 10 |
| 2000s | 2.98 billion current US$ | 1.94 billion current US$ | 4.59 billion current US$ | 10 |
| 2010s | 4.09 billion current US$ | 2.97 billion current US$ | 5.11 billion current US$ | 10 |
| 2020s | 1.54 billion current US$ | 719.20 million current US$ | 2.65 billion current US$ | 4 |
Countries ranked near Korea, Democratic People's Republic of
More private sector data for Korea, Democratic People's Republic of
- Merchandise imports 2.87 billion current US$ (2025)
- Merchandise exports 611.00 million current US$ (2025)
- Merchandise exports (current US$), per capita 23 current US$ per person (2025)
- Merchandise exports (current US$), annual growth rate 69.72 % change on previous year (2025)
- Merchandise imports (current US$), per capita 107.97 current US$ per person (2025)
- Merchandise imports (current US$), annual growth rate 22.61 % change on previous year (2025)
- Merchandise imports from economies in the Arab World 0.0% (2023)
- Merchandise imports from high-income economies 0.2% (2023)
- Merchandise imports from low- and middle-income economies outside 2.7% (2023)
- Merchandise imports from low- and middle-income economies in East 97.1% (2023)
Frequently asked questions
- What is merchandise imports by the reporting economy in Korea, Democratic People's Republic of?
- Merchandise imports by the reporting economy in Korea, Democratic People's Republic of was 2.65 billion current US$ in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise imports by the reporting economy recorded in Korea, Democratic People's Republic of?
- The highest recorded value was 5.11 billion current US$ in 2013.
- What is the lowest merchandise imports by the reporting economy recorded in Korea, Democratic People's Republic of?
- The lowest recorded value was 719.20 million current US$ in 2021.
- How does Korea, Democratic People's Republic of rank for merchandise imports by the reporting economy?
- Korea, Democratic People's Republic of ranks 160th out of 206 countries with data for 2023.
- Is merchandise imports by the reporting economy rising or falling in Korea, Democratic People's Republic of?
- Over the last ten years it is down 48.1%. The long-run trend across the full record is volatile.
- Where does this Korea, Democratic People's Republic of data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise imports by the reporting economy (current US$). Statizoid updates them automatically from the source API.
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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.