South Korea Imports  1966-2017 | Data | Chart | Calendar | Forecast | News

Imports to South Korea jumped 26.9 percent from a year earlier to USD 42.32 billion in March of 2017, faster than a 23.3 percent rise in the prior month and above market consensus of a 23.7 percent growth. It was the strongest increase since September 2011. For 2017, imports are projected to expand 7.2 percent. Imports in South Korea averaged 12157.23 USD Million from 1966 until 2017, reaching an all time high of 45899.19 USD Million in July of 2014 and a record low of 38.61 USD Million in January of 1966.

South Korea Imports
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2017-02-01 12:00 AM Jan 18.6% 8%
2017-03-01 12:00 AM Feb 23.3% 18.6% 21.7%
2017-04-01 12:00 AM Mar 26.9% 23.3% 23.7%
2017-05-01 12:00 AM Apr 26.9% 21%
2017-06-01 12:00 AM May
2017-07-01 12:00 AM Jun




South Korea Trade Last Previous Highest Lowest Unit
Balance of Trade 6550.00 7060.00 11371.62 -4043.45 USD Million [+]
Exports 48894.00 43189.00 51600.00 14.75 USD Million [+]
Imports 42314.00 35966.00 45899.19 38.61 USD Million [+]
Current Account 8400.00 5277.80 12086.30 -3756.80 USD Million [+]
Current Account to GDP 7.70 6.00 10.70 -10.50 percent [+]
External Debt 380948.90 400155.80 452750.80 80766.40 USD Million [+]
Terms of Trade 103.40 102.80 237.00 86.10 Index Points [+]
Foreign Direct Investment 3851000.00 6249699.00 7638784.00 0.00 USD Thousand [+]
Capital Flows 9203.60 4387.90 12277.90 -3385.80 USD Million [+]
Tourism Revenues 1283300.00 1208500.00 1765400.00 326500.00 USD Million [+]
Tourist Arrivals 1252080.00 1220695.00 1703495.00 213006.00 [+]
Gold Reserves 104.40 104.40 104.44 13.00 Tonnes [+]
Terrorism Index 0.23 0.00 2.62 0.00 [+]
Weapons Sales 105.00 163.00 331.00 7.00 USD Million [+]

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South Korea Imports Notes

South Korea imports mainly petroleum, petroleum products, related materials (16 percent of total imports), electrical machinery, apparatus, appliances and electrical parts thereof (13 percent) and food, live animals (5 percent) and natural gas (5 percent). Other imports include metalliferous ores, metal scrap, iron, steel, industrial machinery and equipment. Main import partners are China (21 percent of total imports), Japan (11 percent), the United States (10 percent) and Germany (5 percent). Others include: Saudi Arabia, Taiwan, Qatar, Australia (4 percent each) and Russia (3 percent). This page provides the latest reported value for - South Korea Imports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. South Korea Imports - actual data, historical chart and calendar of releases - was last updated on April of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
42314.00 35966.00 45899.19 38.61 1966 - 2017 USD Million Monthly