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

Imports to South Korea increased by 14.2 percent from a year earlier to USD 40.1 billion in August of 2017, compared to an upwardly revised 15.5 percent gain in a month earlier while market estimated a 11.4 percent increase. It was the tenth straight month of increase in inbound shipments and the longest stretch of growth since September 2014. For 2017, imports are projected to grow by 7.2 percent. Imports in South Korea averaged 12423.24 USD Million from 1966 until 2017, reaching an all time high of 45873.33 USD Million in April of 2014 and a record low of 38.61 USD Million in January of 1966.

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Calendar	GMT		Actual	Previous	Consensus
2017-07-01	12:00 AM	Imports YoY	18.0%	19.1%
2017-08-01	12:00 AM	Imports YoY	14.5%	19.8%	15.6%
2017-09-01	12:00 AM	Imports YoY	14.2%	15.5%	11.4%
2017-10-01	12:00 AM	Imports YoY		14.2%
2017-11-01	12:00 AM	Imports YoY
2017-12-01	12:00 AM	Imports YoY

South Korea Trade	Last	Previous	Highest	Lowest	Unit
Balance of Trade	7013.00	10287.66	12861.56	-4043.46	USD Million	[+]
Exports	47116.00	48843.00	51630.66	14.75	USD Million	[+]
Imports	40102.00	38556.33	45873.33	38.61	USD Million	[+]
Current Account	7261.30	7007.00	12086.30	-3756.80	USD Million	[+]
Current Account to GDP	7.00	7.70	10.70	-10.50	percent	[+]
External Debt	407340.70	405686.50	452718.00	80766.40	USD Million	[+]
Terms of Trade	106.70	105.90	237.00	86.10	Index Points	[+]
Foreign Direct Investment	5745000.00	3851000.00	7638784.00	0.00	USD Thousand	[+]
Capital Flows	9785.30	8689.70	12277.90	-3385.80	USD Million	[+]
Tourism Revenues	956800.00	1012900.00	1765400.00	326500.00	USD Million	[+]
Tourist Arrivals	1008671.00	991802.00	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	534.00	165.00	534.00	7.00	USD Million	[+]

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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 September of 2017.