Korea, Rep. International Trade in Goods and Services: Exports, Imports and Composition

This article presents Korea, Rep.'s international trade in goods and services using balance-of-payments export and import indicators.

Goods exports from Korea, Rep. were valued at $718.94 billion in 2025, while service exports totaled $150.14 billion. Goods represented 82.7% of total exports and services accounted for 17.3%. Goods imports reached $580.87 billion, compared with service imports of $184.66 billion. The goods trade balance was $138.07 billion, and the services trade balance was -$34.52 billion.

Korea, Rep. Goods and Services Trade by Year

Data source: World Bank, World Development Indicators — Goods exports, BoP, current US$ (BX.GSR.MRCH.CD); Goods imports, BoP, current US$ (BM.GSR.MRCH.CD); Service exports, BoP, current US$ (BX.GSR.NFSV.CD); Service imports, BoP, current US$ (BM.GSR.NFSV.CD); Net trade in goods and services, BoP, current US$ (BN.GSR.GNFS.CD).
License: CC BY-4.0. Retrieved 2026-07-12.

About the Indicators

Goods exports, balance of payments, current US$. The value of merchandise (physical goods) sold abroad, as recorded in the balance of payments.

Goods imports, balance of payments, current US$. The value of merchandise (physical goods) purchased from abroad, as recorded in the balance of payments.

Service exports, balance of payments, current US$. The value of services sold abroad (transport, travel, financial, IT and other services), as recorded in the balance of payments.

Service imports, balance of payments, current US$. The value of services purchased from abroad, as recorded in the balance of payments.

Net trade in goods and services, balance of payments, current US$. Exports minus imports of goods and services, as recorded in the balance of payments.

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