Imports in South Korea increased to 71078.17 USD Million in September from 63494.43 USD Million in August of 2026. Imports in South Korea averaged 18092.65 USD Million from 1966 until 2026, reaching an all time high of 71078.17 USD Million in September of 2026 and a record low of 38.61 USD Million in January of 1966. source: Ministry of Trade, Industry & Energy (MOTIE)
Imports in South Korea is expected to be 69000.00 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 90000.00 USD Million in 2027 and 100000.00 USD Million in 2028, according to our econometric models.
South Korea's mainly imports 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 is 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).
|
Actual |
Previous |
Highest |
Lowest |
Dates |
Unit |
Frequency |
|
|
71078.17 |
63494.43 |
71078.17 |
38.61 |
1966 - 2026 |
USD Million |
Monthly |
|