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South Korea Imports

Last Release
Mar 31, 2025
Actual
53,300
Units In
USD Million
Previous
48,300
Frequency
Monthly
Next Release
N/A
Time to Release
N/A
Highest
Lowest
Average
Date Range
Source
66,146
Aug 2022
38.61
Jan 1966
17,085.67 USD Million1966-2025N/A
In 2019 imports to South Korea dropped 6 percent to USD 503.2 billion from the previous year's all-time high, as domestic production and facility investment dwindled. Main imports were mineral fuels, mineral oils, bituminous substances (25 percent of total imports), electrical machinery and equipment (18 percent), nuclear reactors, boilers, machinery and mechanical (10 percent), optical, photographic, cinematographic, measuring (4 percent), road vehicles (3 percent), iron and steel (3 percent), ores, slag, ash (3 percent), organic chemicals (3 percent), plastics and articles thereof (2 percent), miscellaneous chemicals products (2 percent), and inorganic chemicals, compounds of precious metals (2 percent). China was the biggest source of imports (21 percent of total imports), followed by the US (12 percent), Japan (9 percent), Saudi Arabia, Vietnam, Australia and Germany (4 percent each), Taiwan, Russia and Qatar (3 percent each), and Kuwait, Malaysia, the UAE and Indonesia (2 percent each).

Latest Updates

Imports to South Korea jumped 37.8 percent year-on-year to a fresh record high of USD 53.86 billion in October 2021, compared with market expectations of 40.1 percent and following a 31.0 percent advance a month earlier, boosted by solid domestic demand following an acceleration in COVID-19 vaccinations.

South Korea Imports History

Last 12 readings

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