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Economy > Trade > Imports Stats: compare key data on Norway & South Korea

Definitions

  • Commodities: A rank ordering of imported products starting with the most important; it sometimes includes the percent of total dollar value.
  • Customs and other import duties > Current LCU per capita: Customs and other import duties (current LCU). Customs and other import duties are all levies collected on goods that are entering the country or services delivered by nonresidents to residents. They include levies imposed for revenue or protection purposes and determined on a specific or ad valorem basis as long as they are restricted to imported goods or services. Figures expressed per capita for the same year.
  • Documents to import > Number per million: Documents to import (number). All documents required per shipment to import goods are recorded. It is assumed that the contract has already been agreed upon and signed by both parties. Documents required for clearance by government ministries, customs authorities, port and container terminal authorities, health and technical control agencies and banks are taken into account. Since payment is by letter of credit, all documents required by banks for the issuance or securing of a letter of credit are also taken into account. Documents that are renewed annually and that do not require renewal per shipment (for example, an annual tax clearance certificate) are not included. Figures expressed per million population for the same year.
  • Food imports > % of merchandise imports: Food imports (% of merchandise imports). Food comprises the commodities in SITC sections 0 (food and live animals), 1 (beverages and tobacco), and 4 (animal and vegetable oils and fats) and SITC division 22 (oil seeds, oil nuts, and oil kernels).
  • Goods and services: Imports of goods and services as a % of GDP, 2000
  • Goods and services > Annual % growth: Annual growth rate of imports of goods and services based on constant local currency. Aggregates are based on constant 2000 U.S. dollars. Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude labor and property income (formerly called factor services) as well as transfer payments.
  • Goods and services > BoP > Current US$: Imports of goods and services comprise all transactions between residents of a country and the rest of the world involving a change of ownership from nonresidents to residents of general merchandise, goods sent for processing and repairs, nonmonetary gold, and services. Data are in current U.S. dollars.
  • Goods and services > BoP > Current US$ > Per $ GDP: Imports of goods and services comprise all transactions between residents of a country and the rest of the world involving a change of ownership from nonresidents to residents of general merchandise, goods sent for processing and repairs, nonmonetary gold, and services. Data are in current U.S. dollars. Per $ GDP figures expressed per 1 $ gross domestic product.
  • Goods and services > Constant 2000 US$: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude labor and property income (formerly called factor services) as well as transfer payments. Data are in constant 2000 U.S. dollars.
  • Goods and services > Constant 2000 US$ per capita: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude labor and property income (formerly called factor services) as well as transfer payments. Data are in constant 2000 U.S. dollars. Figures expressed per capita for the same year.
  • Goods and services > Current LCU: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude labor and property income (formerly called factor services) as well as transfer payments. Data are in current local currency.
  • Goods and services > Current US$ > Per $ GDP: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude labor and property income (formerly called factor services) as well as transfer payments. Data are in current U.S. dollars. Per $ GDP figures expressed per 1 $ gross domestic product.
  • Imports of goods and services: GDP by Type of Expenditure at current prices - US dollars.
  • Imports of goods and services per capita: GDP by Type of Expenditure at current prices - US dollars. Figures expressed per capita for the same year.
  • Partners: A rank ordering of trading partners starting with the most important; it sometimes includes the percent of total dollar value.
  • Documents to import > Number: Documents to import (number). All documents required per shipment to import goods are recorded. It is assumed that the contract has already been agreed upon and signed by both parties. Documents required for clearance by government ministries, customs authorities, port and container terminal authorities, health and technical control agencies and banks are taken into account. Since payment is by letter of credit, all documents required by banks for the issuance or securing of a letter of credit are also taken into account. Documents that are renewed annually and that do not require renewal per shipment (for example, an annual tax clearance certificate) are not included.
  • Per $ GDP: This entry provides the total US dollar amount of merchandise imports on a c.i.f. (cost, insurance, and freight) or f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms. Per $ GDP figures expressed per 1 $ gross domestic product.
  • Goods and services > Constant 2000 US$ > Per capita: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude labor and property income (formerly called factor services) as well as transfer payments. Data are in constant 2000 U.S. dollars. Per capita figures expressed per 1 population.
  • Goods and services > Current US$ > Per capita: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude labor and property income (formerly called factor services) as well as transfer payments. Data are in current U.S. dollars. Per capita figures expressed per 1 population.
  • Customs and other import duties > Current LCU: Customs and other import duties (current LCU). Customs and other import duties are all levies collected on goods that are entering the country or services delivered by nonresidents to residents. They include levies imposed for revenue or protection purposes and determined on a specific or ad valorem basis as long as they are restricted to imported goods or services.
  • Goods and services > Current US$: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude labor and property income (formerly called factor services) as well as transfer payments. Data are in current U.S. dollars.
  • Goods and services > Constant LCU: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude labor and property income (formerly called factor services) as well as transfer payments. Data are in constant local currency.
  • Goods and services > BoP > Current US$ > Per capita: Imports of goods and services comprise all transactions between residents of a country and the rest of the world involving a change of ownership from nonresidents to residents of general merchandise, goods sent for processing and repairs, nonmonetary gold, and services. Data are in current U.S. dollars. Per capita figures expressed per 1 population.
  • Per capita: This entry provides the total US dollar amount of merchandise imports on a c.i.f. (cost, insurance, and freight) or f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms. Per capita figures expressed per 1 population.
STAT Norway South Korea HISTORY
Commodities machinery and equipment, chemicals, metals, foodstuffs electronics and electronic equipment, oil, steel, transport equipment, organic chemicals, plastics
Customs and other import duties > Current LCU per capita 555.21
Ranked 43th.
220,778.68
Ranked 3rd. 398 times more than Norway

Documents to import > Number per million 0.996
Ranked 88th. 17 times more than South Korea
0.06
Ranked 175th.

Food imports > % of merchandise imports 8.33%
Ranked 106th. 74% more than South Korea
4.8%
Ranked 82nd.

Goods and services 30%
Ranked 118th.
42%
Ranked 74th. 40% more than Norway
Goods and services > Annual % growth 7.38%
Ranked 69th. 7% more than South Korea
6.9%
Ranked 76th.

Goods and services > BoP > Current US$ 81.54 billion BoP $
Ranked 30th.
313.99 billion BoP $
Ranked 12th. 4 times more than Norway

Goods and services > BoP > Current US$ > Per $ GDP 0.276 BoP $ per $1 of GDP
Ranked 113th.
0.399 BoP $ per $1 of GDP
Ranked 81st. 45% more than Norway

Goods and services > Constant 2000 US$ 58.94 billion constant 2000 US$
Ranked 24th.
285.18 billion constant 2000 US$
Ranked 8th. 5 times more than Norway

Goods and services > Constant 2000 US$ per capita 12,747.51 constant 2000 US$
Ranked 9th. 2 times more than South Korea
5,924.29 constant 2000 US$
Ranked 18th.

Goods and services > Current LCU 534223000000 322567200000000
Goods and services > Current US$ > Per $ GDP 0.281$ per $1 of GDP
Ranked 125th.
0.4$ per $1 of GDP
Ranked 87th. 42% more than Norway

Imports of goods and services 137.31 billion
Ranked 31st.
603.47 billion
Ranked 7th. 4 times more than Norway

Imports of goods and services per capita 27,358.21
Ranked 15th. 2 times more than South Korea
12,068.34
Ranked 42nd.

Partners Sweden 13.86%, Germany 12.89%, China 7.8%, Denmark 6.78%, US 6.16%, UK 6.01% China 16.8%, Japan 15.3%, US 9%, Saudi Arabia 6.1%, Australia 4.6%
Documents to import > Number 5
Ranked 160th. 67% more than South Korea
3
Ranked 185th.

Per $ GDP $0.20 per $1 of GDP
Ranked 142nd.
$0.34 per $1 of GDP
Ranked 88th. 68% more than Norway

Goods and services > Constant 2000 US$ > Per capita 12,747.49 constant 2000 US$ per c
Ranked 9th. 2 times more than South Korea
5,905.13 constant 2000 US$ per c
Ranked 18th.

Goods and services > Current US$ > Per capita 17,935.61$ per capita
Ranked 9th. 3 times more than South Korea
6,521.91$ per capita
Ranked 29th.

Customs and other import duties > Current LCU 2.75 billion
Ranked 47th.
10.99 trillion
Ranked 2nd. 3996 times more than Norway

Goods and services > Current US$ 82.92 billion$
Ranked 26th.
314.97 billion$
Ranked 9th. 4 times more than Norway

Goods and services > Constant LCU 518738100000 322530900000000
Goods and services > BoP > Current US$ > Per capita 17,637.76 BoP $ per capita
Ranked 12th. 3 times more than South Korea
6,501.6 BoP $ per capita
Ranked 41st.

Per capita $16,689.98 per capita
Ranked 14th. 2 times more than South Korea
$7,128.18 per capita
Ranked 37th.

SOURCES: CIA World Factbooks 18 December 2003 to 28 March 2011; International Monetary Fund, Government Finance Statistics Yearbook and data files. World Bank World Development Indicators. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; World Bank, Doing Business project (http://www.doingbusiness.org/). Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; World Bank staff estimates; World Bank. 2002. World Development Indicators 2002. CD-ROM. Washington, DC; World Development Indicators database; World Development Indicators database. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; United Nations Statistics Division. Source tables; United Nations Statistics Division. Source tables. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; World Bank, Doing Business project (http://www.doingbusiness.org/).; International Monetary Fund, Government Finance Statistics Yearbook and data files. World Bank World Development Indicators.

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