Imports to South Korea surged 44.0 percent year-on-year to USD 51.56 billion in August 2021, compared with market expectations of 46.4 percent and following a 38.1 percent increase a month earlier, amid solid domestic demand following an acceleration in COVID-19 vaccinations. source: Ministry of Trade, Industry & Energy (MOTIE)
Imports in South Korea averaged 14617.89 USD Million from 1966 until 2021, reaching an all time high of 53662.36 USD Million in July of 2021 and a record low of 38.61 USD Million in January of 1966. 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 - data, historical chart, forecasts and calendar of releases - was last updated on September of 2021.
Imports in South Korea is expected to be 43000.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Korea Imports is projected to trend around 45000.00 USD Million in 2022, according to our econometric models.