Imports to South Korea surged 0.7 percent year-on-year to USD 50.36 billion in June 2021, compared with market forecasts of a 33 percent increase and after a 37.9 percent gain a month earlier, as domestic demand quickened in the wake of the coronavirus pandemic. source: Ministry of Trade, Industry & Energy (MOTIE)
Imports in South Korea averaged 15184.35 USD Million from 1966 until 2021, reaching an all time high of 503600 USD Million in June 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 July 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. Looking forward, we estimate Imports in South Korea to stand at 44000.00 in 12 months time. In the long-term, the South Korea Imports is projected to trend around 45000.00 USD Million in 2022, according to our econometric models.