Goods imports in South Korea
South Korea: Goods imports was 580.87 billion BoP, current US$ in 2025. ◆ Volatile
Goods imports in South Korea, 1976–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
South Korea recorded 580.87 billion BoP, current US$ for goods imports in 2025.
The figure is down 2.1% on the previous year and up 37.4% over ten years.
Over the whole period, goods imports in South Korea peaked at 679.42 billion BoP, current US$ in 2022 and was at its lowest, 8.40 billion BoP, current US$, in 1976.
That places South Korea 12th out of 199 countries with data for 2025, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 13.13 billion BoP, current US$ | 8.40 billion BoP, current US$ | 19.10 billion BoP, current US$ | 4 |
| 1980s | 30.90 billion BoP, current US$ | 21.58 billion BoP, current US$ | 55.45 billion BoP, current US$ | 10 |
| 1990s | 99.30 billion BoP, current US$ | 63.55 billion BoP, current US$ | 141.77 billion BoP, current US$ | 10 |
| 2000s | 247.21 billion BoP, current US$ | 137.01 billion BoP, current US$ | 421.16 billion BoP, current US$ | 10 |
| 2010s | 487.36 billion BoP, current US$ | 395.46 billion BoP, current US$ | 559.20 billion BoP, current US$ | 10 |
| 2020s | 577.60 billion BoP, current US$ | 438.77 billion BoP, current US$ | 679.42 billion BoP, current US$ | 6 |
Countries ranked near South Korea
- 9 Hong Kong 633.12 billion BoP, current US$ compare
- 10 Netherlands 605.52 billion BoP, current US$ compare
- 11 Italy 596.71 billion BoP, current US$ compare
- 13 Canada 577.43 billion BoP, current US$ compare
- 14 Switzerland 508.08 billion BoP, current US$ compare
- 15 Spain 498.72 billion BoP, current US$ compare
More economy & growth data for South Korea
- Gross national expenditure 94.8% (2025)
- Industry (including construction), value added 0.2% (2025)
- Final consumption expenditure 65.7% (2025)
- Industry (including construction), value added 660.05 billion constant 2015 US$ (2025)
- Gross national expenditure 1.78 trillion current US$ (2025)
- Gross national expenditure 2,524.87 trillion current LCU (2025)
- Gross national expenditure 1.78 trillion constant 2015 US$ (2025)
- Industry (including construction), value added 914.33 trillion current LCU (2025)
- Industry (including construction), value added 642.79 billion current US$ (2025)
- Exports of goods and services 4.2% (2025)
Frequently asked questions
- What is goods imports in South Korea?
- Goods imports in South Korea was 580.87 billion BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods imports recorded in South Korea?
- The highest recorded value was 679.42 billion BoP, current US$ in 2022.
- What is the lowest goods imports recorded in South Korea?
- The lowest recorded value was 8.40 billion BoP, current US$ in 1976.
- How does South Korea rank for goods imports?
- South Korea ranks 12th out of 199 countries with data for 2025.
- Is goods imports rising or falling in South Korea?
- Over the last ten years it is up 37.4%. The long-run trend across the full record is volatile.
- Where does this South Korea data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Goods imports (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Imports of goods occur when there are changes in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.