Imports to South Korea jumped 27.9 percent year-on-year to USD 48.22 billion in October of 2018, after an upwardly revised 1.6 percent fall in the previous month and well above market expectations of 19 percent. Imports in South Korea averaged 13111.18 USD Million from 1966 until 2018, reaching an all time high of 48421 USD Million in October of 2018 and a record low of 38.61 USD Million in January of 1966.

South Korea Imports
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Calendar GMT Actual Previous Consensus TEForecast
2018-09-01 12:00 AM Imports YoY 9.2% 16.4% 7.7%
2018-10-01 12:00 AM Imports YoY -2.1% 9.4% 3.1%
2018-11-01 12:00 AM Imports YoY 27.9% -1.6% 19%
2018-11-30 12:00 AM Imports YoY 27.9%


South Korea Trade Last Previous Highest Lowest Unit
Balance of Trade 6552.00 9565.35 13419.36 -4043.46 USD Million [+]
Exports 54972.00 50588.86 55115.24 14.75 USD Million [+]
Imports 48421.00 41023.51 48421.00 38.61 USD Million [+]
Current Account 10831.40 8439.80 12287.50 -3756.80 USD Million [+]
Current Account to GDP 5.60 7.00 10.70 -10.50 percent [+]
External Debt 440543.60 433886.70 452718.00 80766.40 USD Million [+]
Terms of Trade 98.00 97.50 237.00 86.10 Index Points [+]
Foreign Direct Investment 3448981.00 10819799.00 10819799.00 0.00 USD Thousand [+]
Capital Flows 9802.30 7271.70 12440.20 -3385.80 USD Million [+]
Tourism Revenues 1356500.00 1381400.00 1765400.00 326500.00 USD Million [+]
Tourist Arrivals 1278604.00 1391727.00 1703495.00 213006.00 [+]
Gold Reserves 104.40 104.40 104.44 13.00 Tonnes [+]
Terrorism Index 0.61 0.23 2.62 0.00 [+]
Weapons Sales 587.00 585.00 587.00 7.00 USD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



South Korea Imports

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 November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
48421.00 41023.51 48421.00 38.61 1966 - 2018 USD Million Monthly




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