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In 2022, South Korea's exports and imports of goods and services accounted for about 102 percent of its gross domestic product (GDP). This was up from about 85.3 percent of GDP in the previous year. After the Korean War (1950-1953), South Korea developed into an export-oriented country, which was, among other things, an important factor for the country's economic growth. South Korea's share of imports and exports in its GDP is relatively high compared to other member countries of the Organization for Economic Cooperation and Development (OECD).
Exports and imports of goods and services as percentage of gross domestic product (GDP) in South Korea from 1970 to 2022
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Other statistics that may interest you Imports into South Korea
Overview
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- Premium Statistic South Korean import share in world imports 2013-2021
- Premium Statistic Trade balance South Korea 1991-2022
- Premium Statistic Exports and imports of goods and services as a share of GDP South Korea 1970-2022
- Basic Statistic Trade openness ratio of South Korea 2011-2022
- Premium Statistic Number of imports into South Korea 2013-2023
Import of goods
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- Premium Statistic Import of goods to South Korea 2022
- Premium Statistic Merchandise imports growth rate South Korea 2013-2022
- Premium Statistic Number of products imported South Korea 2012-2021
- Premium Statistic Value of goods imported to South Korea in 2022, by type
- Premium Statistic Import value to South Korea in 2022, by commodity
Import of services
4
- Premium Statistic Share of South Korea in world commercial services imports 2015-2022
- Premium Statistic Total trade in services net value South Korea 2012-2022
- Premium Statistic Value of import of services in South Korea 2015-2022
- Basic Statistic Value of services imported into South Korea 2022, by category
Import partners
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- Basic Statistic Number of import partners South Korea 2012-2021
- Premium Statistic Leading import partners of South Korea 2023
- Premium Statistic FTA import trade utilization rate South Korea Q3 2023, by agreement or country
- Premium Statistic Value of goods imported to South Korea from China 2000-2022
- Premium Statistic Value of goods imported to South Korea from the U.S. 2000-2022
Imports of selected categories
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- Premium Statistic Import value of mineral fuels and oils to South Korea 2014-2022
- Premium Statistic Oil import value South Korea 2011-2022
- Premium Statistic Coal import value South Korea 2010-2022
- Premium Statistic Food import value in South Korea 2012-2022
- Premium Statistic Import value of electrical machinery into South Korea 2014-2022
- Premium Statistic Import value of semiconductors to South Korea 2006-2022
Further related statistics
8
- Share of the main exporting countries in global export trade 2014
- Construction exports worldwide 2020-2021, by country
- Total value of U.S. clothing imports 2011-2022
- Oil exports from the U.S. 1998-2022
- Revenue share from tourism in India 2013-2022, by segment
- Annual silver production of Coeur Mining 2010-2021
- Value of chemical exports: North America 2005-2018
- Petroleum exports from the U.S. to U.S. Virgin Islands and Puerto Rico
Further Content: You might find this interesting as well
Statistics
- Share of the main exporting countries in global export trade 2014
- Construction exports worldwide 2020-2021, by country
- Total value of U.S. clothing imports 2011-2022
- Oil exports from the U.S. 1998-2022
- Revenue share from tourism in India 2013-2022, by segment
- Annual silver production of Coeur Mining 2010-2021
- Value of chemical exports: North America 2005-2018
- Petroleum exports from the U.S. to U.S. Virgin Islands and Puerto Rico
Statistics Korea. (June 7, 2023). Exports and imports of goods and services as percentage of gross domestic product (GDP) in South Korea from 1970 to 2022 [Graph]. In Statista. Retrieved June 10, 2024, from https://www.statista.com/statistics/1323019/south-korea-exports-and-imports-as-percentage-of-gdp/
Statistics Korea. "Exports and imports of goods and services as percentage of gross domestic product (GDP) in South Korea from 1970 to 2022." Chart. June 7, 2023. Statista. Accessed June 10, 2024. https://www.statista.com/statistics/1323019/south-korea-exports-and-imports-as-percentage-of-gdp/
Statistics Korea. (2023). Exports and imports of goods and services as percentage of gross domestic product (GDP) in South Korea from 1970 to 2022. Statista. Statista Inc.. Accessed: June 10, 2024. https://www.statista.com/statistics/1323019/south-korea-exports-and-imports-as-percentage-of-gdp/
Statistics Korea. "Exports and Imports of Goods and Services as Percentage of Gross Domestic Product (Gdp) in South Korea from 1970 to 2022." Statista, Statista Inc., 7 Jun 2023, https://www.statista.com/statistics/1323019/south-korea-exports-and-imports-as-percentage-of-gdp/
Statistics Korea, Exports and imports of goods and services as percentage of gross domestic product (GDP) in South Korea from 1970 to 2022 Statista, https://www.statista.com/statistics/1323019/south-korea-exports-and-imports-as-percentage-of-gdp/ (last visited June 10, 2024)
Exports and imports of goods and services as percentage of gross domestic product (GDP) in South Korea from 1970 to 2022 [Graph], Statistics Korea, June 7, 2023. [Online]. Available: https://www.statista.com/statistics/1323019/south-korea-exports-and-imports-as-percentage-of-gdp/