Imports of goods, Volume, Cost insurance freight (CIF), Percent change in Korea
Korea: Imports of goods, Volume, Cost insurance freight (CIF), Percent change was 2.72 in 2031. ◆ Volatile
Imports of goods, Volume, Cost insurance freight (CIF), Percent change in Korea, 1980–2031
Source: International Monetary Fund.
Analysis
Korea recorded 2.72 for imports of goods, volume, cost insurance freight (cif), percent change in 2031.
Compared with earlier readings it is down 1.8% on the previous year and down 78.3% over ten years.
Over the whole period, imports of goods, volume, cost insurance freight (cif), percent change in Korea peaked at 35.26 in 1986 and was at its lowest, -27.39, in 1998.
Korea ranks 17th of 25 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Imports of goods, Volume, Cost insurance freight (CIF), Percent change in Korea, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | -9 | — |
| 1981 | 2.05 | -122.8% |
| 1982 | 1.92 | -6.4% |
| 1983 | 6.51 | +238.6% |
| 1984 | 4.92 | -24.4% |
| 1985 | -2.39 | -148.6% |
| 1986 | 35.26 | -1573.3% |
| 1987 | 19.3 | -45.3% |
| 1988 | 11.64 | -39.7% |
| 1989 | 13.5 | +15.9% |
| 1990 | 12.38 | -8.3% |
| 1991 | 20.04 | +61.9% |
| 1992 | 3.59 | -82.1% |
| 1993 | 7.9 | +120.2% |
| 1994 | 25.3 | +220.4% |
| 1995 | 22.18 | -12.3% |
| 1996 | 13.02 | -41.3% |
| 1997 | 0.6415 | -95.1% |
| 1998 | -27.39 | -4369.2% |
| 1999 | 29.41 | -207.4% |
| 2000 | 23.48 | -20.1% |
| 2001 | -4.43 | -118.8% |
| 2002 | 15.17 | -442.8% |
| 2003 | 11.79 | -22.3% |
| 2004 | 10.66 | -9.6% |
| 2005 | 7.03 | -34.0% |
| 2006 | 12.88 | +83.1% |
| 2007 | 10.38 | -19.4% |
| 2008 | 3.2 | -69.1% |
| 2009 | -6.87 | -314.5% |
| 2010 | 19.65 | -386.0% |
| 2011 | 17.78 | -9.5% |
| 2012 | 2.2 | -87.6% |
| 2013 | 1.48 | -32.8% |
| 2014 | 0.4104 | -72.2% |
| 2015 | 0.4768 | +16.2% |
| 2016 | 3.95 | +729.3% |
| 2017 | 7.49 | +89.5% |
| 2018 | 1.86 | -75.2% |
| 2019 | -2.66 | -243.0% |
| 2020 | 0.243 | -109.1% |
| 2021 | 12.52 | +5054.3% |
| 2022 | 4.72 | -62.3% |
| 2023 | -0.9396 | -119.9% |
| 2024 | 1.29 | -237.5% |
| 2025 | 1.89 | +46.1% |
| 2026 | 2.67 | +41.6% |
| 2027 | 3.94 | +47.4% |
| 2028 | 2.9 | -26.4% |
| 2029 | 3.18 | +9.6% |
| 2030 | 2.77 | -12.8% |
| 2031 | 2.72 | -1.8% |
Korea compared with similar countries
- Korea's 2.72 is below the median for high income countries, which is 2.99, 91% of the median. (12 countries reporting)
- Korea's 2.72 is above the median for East Asia & Pacific, which is 2.72, 1.0× the median. (7 countries reporting)
Biggest year-on-year movements
Years where Imports of goods, Volume, Cost insurance freight (CIF), Percent change in Korea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +5054.3% | 0.243 | 12.52 |
| 1998 | -4369.2% | 0.6415 | -27.39 |
| 1986 | +1573.3% | -2.39 | 35.26 |
| 2016 | +729.3% | 0.4768 | 3.95 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 8.37 | -9 | 35.26 | 10 |
| 1990s | 10.71 | -27.39 | 29.41 | 10 |
| 2000s | 8.33 | -6.87 | 23.48 | 10 |
| 2010s | 5.26 | -2.66 | 19.65 | 10 |
| 2020s | 3.24 | -0.9396 | 12.52 | 10 |
| 2030s | 2.75 | 2.72 | 2.77 | 2 |
Countries ranked near Korea
- 14 Iran, Islamic Republic of 3.1 compare
- 15 Thailand 3.02 compare
- 16 Hong Kong, China 2.77 compare
- 18 Türkiye 2.44 compare
- 19 Chinese Taipei 2.21 compare
- 20 Spain 2.21 compare
More financial sector data for Korea
- Reserve position in the IMF, US dollar, annual growth rate 6.29 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 58.67 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 1.21 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 42.84 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 6.29 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 58.67 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 1.21 % change on previous year (2025)
Frequently asked questions
- What is imports of goods, volume, cost insurance freight (cif), percent change in Korea?
- Imports of goods, volume, cost insurance freight (cif), percent change in Korea was 2.72 in 2031, according to International Monetary Fund.
- What is the highest imports of goods, volume, cost insurance freight (cif), percent change recorded in Korea?
- The highest recorded value was 35.26 in 1986.
- What is the lowest imports of goods, volume, cost insurance freight (cif), percent change recorded in Korea?
- The lowest recorded value was -27.39 in 1998.
- How does Korea rank for imports of goods, volume, cost insurance freight (cif), percent change?
- Korea ranks 17th out of 25 countries with data for 2031.
- Is imports of goods, volume, cost insurance freight (cif), percent change rising or falling in Korea?
- Over the last ten years it is down 78.3%. The long-run trend across the full record is volatile.
- Where does this Korea data come from?
- The figures come from International Monetary Fund, published as part of Imports of goods, Volume, Cost insurance freight (CIF), Percent change (9/26/2025). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 52 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The World Economic Outlook (WEO) database is created during the biannual WEO exercise, which begins in January and June of each year and results in the April and September/October WEO publication. Selected series from the publication are available in a database format.