Merchandise imports by the reporting economy, residual (% of total) in South Korea
South Korea: Merchandise imports by the reporting economy, residual (% of total) was 0.0% in 2023. ◆ Volatile
Merchandise imports by the reporting economy, residual in South Korea, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise imports.
Analysis
The most recent figure for merchandise imports by the reporting economy, residual in South Korea is 0.0%, measured in 2023.
Compared with earlier readings it is down 34.3% on the previous year and down 87.5% over ten years.
Over the whole period, merchandise imports by the reporting economy, residual in South Korea peaked at 0.3% in 1981 and was at its lowest, -0.0%, in 1963.
That places South Korea 81st 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 imports by the reporting economy, residual (% of total) in South Korea, year by year
| Year | % of total merchandise imports | Change |
|---|---|---|
| 1960 | 0.0% | — |
| 1961 | 0.0% | — |
| 1962 | 0.0% | — |
| 1963 | -0.0% | — |
| 1964 | 0.0% | -100.0% |
| 1965 | 0.0% | — |
| 1966 | 0.2% | — |
| 1967 | 0.1% | -61.0% |
| 1968 | 0.0% | -43.1% |
| 1969 | 0.0% | -73.2% |
| 1970 | 0.0% | -100.0% |
| 1971 | 0.0% | — |
| 1972 | 0.0% | — |
| 1973 | 0.0% | — |
| 1974 | 0.0% | — |
| 1975 | 0.0% | — |
| 1976 | 0.0% | — |
| 1977 | 0.0% | — |
| 1978 | 0.0% | — |
| 1979 | 0.1% | +2042.6% |
| 1980 | 0.1% | +104.6% |
| 1981 | 0.3% | +183.4% |
| 1982 | 0.2% | -37.0% |
| 1983 | 0.0% | -78.0% |
| 1984 | 0.0% | -50.5% |
| 1985 | 0.0% | +54.2% |
| 1986 | 0.0% | -36.6% |
| 1987 | 0.0% | -57.3% |
| 1988 | 0.0% | +44.4% |
| 1989 | 0.0% | +9.8% |
| 1990 | 0.0% | +107.4% |
| 1991 | 0.0% | +23.4% |
| 1992 | 0.0% | -7.8% |
| 1993 | 0.0% | -3.4% |
| 1994 | 0.1% | +64.4% |
| 1995 | 0.1% | -10.0% |
| 1996 | 0.0% | -33.7% |
| 1997 | 0.0% | +20.2% |
| 1998 | 0.0% | -33.9% |
| 1999 | 0.0% | +29.9% |
| 2000 | 0.0% | -54.6% |
| 2001 | 0.0% | +88.1% |
| 2002 | 0.0% | +1.2% |
| 2003 | 0.0% | -7.4% |
| 2004 | 0.0% | +48.7% |
| 2005 | 0.1% | +94.6% |
| 2006 | 0.0% | -69.9% |
| 2007 | 0.0% | +14.3% |
| 2008 | 0.0% | -80.4% |
| 2009 | 0.0% | +72.3% |
| 2010 | 0.0% | +209.6% |
| 2011 | 0.0% | -10.7% |
| 2012 | 0.0% | -15.6% |
| 2013 | 0.0% | -55.1% |
| 2014 | 0.0% | -71.3% |
| 2015 | 0.0% | +67.5% |
| 2016 | 0.0% | +27.6% |
| 2017 | 0.0% | -39.4% |
| 2018 | 0.0% | +75.6% |
| 2019 | 0.0% | -47.8% |
| 2020 | 0.0% | -7.7% |
| 2021 | 0.0% | -21.0% |
| 2022 | 0.0% | -23.5% |
| 2023 | 0.0% | -34.3% |
South Korea compared with similar countries
- South Korea's 0.0% is above the median for high income countries, which is 0.0%, 1.1× the median. (74 countries reporting)
Biggest year-on-year movements
Years where Merchandise imports by the reporting economy, residual (% of total) in South Korea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1979 | +2042.6% | 0.0% | 0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.0% | -0.0% | 0.2% | 10 |
| 1970s | 0.0% | 0.0% | 0.1% | 10 |
| 1980s | 0.1% | 0.0% | 0.3% | 10 |
| 1990s | 0.0% | 0.0% | 0.1% | 10 |
| 2000s | 0.0% | 0.0% | 0.1% | 10 |
| 2010s | 0.0% | 0.0% | 0.0% | 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 imports by the reporting economy, residual in South Korea?
- Merchandise imports 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 imports by the reporting economy, residual recorded in South Korea?
- The highest recorded value was 0.3% in 1981.
- What is the lowest merchandise imports by the reporting economy, residual recorded in South Korea?
- The lowest recorded value was -0.0% in 1963.
- How does South Korea rank for merchandise imports by the reporting economy, residual?
- South Korea ranks 81st out of 206 countries with data for 2023.
- Is merchandise imports by the reporting economy, residual rising or falling in South Korea?
- Over the last ten years it is down 87.5%. 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 imports by the reporting economy, residual (% of total merchandise imports). 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 imports by the reporting economy residuals 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, less the sum of imports by the reporting economy from 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 imports by the economy.