South Korea: Imports, billion dollars

The latest value from 2023 is 752.67 billion U.S. dollars, a decline from 807.91 billion U.S. dollars in 2022. In comparison, the world average is 168.93 billion U.S. dollars, based on data from 138 countries. Historically, the average for South Korea from 1960 to 2023 is 208.9 billion U.S. dollars. The minimum value, 0.34 billion U.S. dollars, was reached in 1961 while the maximum of 807.91 billion U.S. dollars was recorded in 2022. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars.