Exports of goods and services, Volume, Free on board (FOB), Percent in Korea
Korea: Exports of goods and services, Volume, Free on board (FOB), Percent was 2.88 in 2031. ◆ Volatile
Exports of goods and services, Volume, Free on board (FOB), Percent in Korea, 1980–2031
Source: International Monetary Fund.
Analysis
In 2031, exports of goods and services, volume, free on board (fob), percent in Korea stood at 2.88.
Compared with earlier readings it is down 0.9% on the previous year and down 73.3% over ten years.
Over the whole period, exports of goods and services, volume, free on board (fob), percent in Korea peaked at 35.14 in 1986 and was at its lowest, -3.7, in 1989.
Korea ranks 18th of 26 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.
Exports of goods and services, Volume, Free on board (FOB), Percent in Korea, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 8.58 | — |
| 1981 | 13.7 | +59.8% |
| 1982 | 2.25 | -83.6% |
| 1983 | 16.63 | +639.6% |
| 1984 | 12.66 | -23.8% |
| 1985 | 1.16 | -90.9% |
| 1986 | 35.14 | +2938.2% |
| 1987 | 24.51 | -30.2% |
| 1988 | 10.66 | -56.5% |
| 1989 | -3.7 | -134.7% |
| 1990 | 5.15 | -239.1% |
| 1991 | 12.26 | +138.3% |
| 1992 | 12.14 | -1.0% |
| 1993 | 10.11 | -16.7% |
| 1994 | 19.53 | +93.2% |
| 1995 | 24.03 | +23.0% |
| 1996 | 9.45 | -60.7% |
| 1997 | 18.52 | +96.0% |
| 1998 | 14.7 | -20.6% |
| 1999 | 12.18 | -17.2% |
| 2000 | 17.04 | +39.9% |
| 2001 | -1.69 | -109.9% |
| 2002 | 12.28 | -826.9% |
| 2003 | 13.44 | +9.5% |
| 2004 | 21.44 | +59.5% |
| 2005 | 7.7 | -64.1% |
| 2006 | 12.41 | +61.1% |
| 2007 | 13.04 | +5.1% |
| 2008 | 7.87 | -39.6% |
| 2009 | -0.5756 | -107.3% |
| 2010 | 13.07 | -2371.0% |
| 2011 | 15.56 | +19.0% |
| 2012 | 6.04 | -61.2% |
| 2013 | 3.98 | -34.0% |
| 2014 | 2.11 | -47.0% |
| 2015 | -0.0043 | -100.2% |
| 2016 | 2.45 | -57588.3% |
| 2017 | 2.49 | +1.6% |
| 2018 | 3.8 | +52.4% |
| 2019 | -0.167 | -104.4% |
| 2020 | -1.66 | +896.4% |
| 2021 | 10.79 | -748.4% |
| 2022 | 3.92 | -63.7% |
| 2023 | 3.41 | -12.9% |
| 2024 | 6.83 | +100.3% |
| 2025 | 4.22 | -38.2% |
| 2026 | 4.12 | -2.3% |
| 2027 | 4.08 | -1.0% |
| 2028 | 3.46 | -15.2% |
| 2029 | 3.03 | -12.3% |
| 2030 | 2.91 | -4.2% |
| 2031 | 2.88 | -0.9% |
Korea compared with similar countries
- Korea's 2.88 is below the median for high income countries, which is 3.01, 96% of the median. (13 countries reporting)
- Korea's 2.88 is above the median for East Asia & Pacific, which is 2.88, 1.0× the median. (7 countries reporting)
Biggest year-on-year movements
Years where Exports of goods and services, Volume, Free on board (FOB), Percent 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 |
|---|---|---|---|
| 2016 | +57588.3% | -0.0043 | 2.45 |
| 1986 | +2938.2% | 1.16 | 35.14 |
| 2010 | +2371.0% | -0.5756 | 13.07 |
| 2020 | -896.4% | -0.167 | -1.66 |
| 2002 | +826.9% | -1.69 | 12.28 |
| 2021 | +748.4% | -1.66 | 10.79 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 12.16 | -3.7 | 35.14 | 10 |
| 1990s | 13.81 | 5.15 | 24.03 | 10 |
| 2000s | 10.3 | -1.69 | 21.44 | 10 |
| 2010s | 4.93 | -0.167 | 15.56 | 10 |
| 2020s | 4.22 | -1.66 | 10.79 | 10 |
| 2030s | 2.9 | 2.88 | 2.91 | 2 |
Countries ranked near Korea
More trade data for Korea
- Commodity Net Export Price Index, Individual Commodities Weighted by 120.92 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 102.62 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 99.43 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 83.23 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 96.89 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 76.09 (2025)
- Imports of low carbon technology products, Percent of GDP 1.9 (2024)
- Imports of low carbon technology products, US dollar (World), per 690.16 units per person (2024)
- Imports of low carbon technology products, US dollar (World), per 0.019 units per US$ of GDP (2024)
- Exports of low carbon technology products, US dollar (World), gaps 57.00 billion (2024)
Frequently asked questions
- What is exports of goods and services, volume, free on board (fob), percent in Korea?
- Exports of goods and services, volume, free on board (fob), percent in Korea was 2.88 in 2031, according to International Monetary Fund.
- What is the highest exports of goods and services, volume, free on board (fob), percent recorded in Korea?
- The highest recorded value was 35.14 in 1986.
- What is the lowest exports of goods and services, volume, free on board (fob), percent recorded in Korea?
- The lowest recorded value was -3.7 in 1989.
- How does Korea rank for exports of goods and services, volume, free on board (fob), percent?
- Korea ranks 18th out of 26 countries with data for 2031.
- Is exports of goods and services, volume, free on board (fob), percent rising or falling in Korea?
- Over the last ten years it is down 73.3%. 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 Exports of goods and services, Volume, Free on board (FOB), 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.