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

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Definitions

  • 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: Imports of goods and services as a % of GDP, 2000
  • 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 > 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.
  • 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. Figures expressed per capita for the same year.
  • 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 > 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 > Current US$: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude labor and property income (formerly called factor services) as well as transfer payments. Data are in current U.S. dollars.
  • Goods and services > Current US$ > 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.
  • 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. Figures expressed per capita for the same year.
  • Imports of goods and services: GDP by Type of Expenditure at current prices - US dollars.
  • Imports of goods and services > Constant LCU per capita: Imports of 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 compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant local currency. Figures expressed per capita for the same year.
  • 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.
  • 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.
  • Leading import source: Country or customs union which is the main supplier of imports.
  • 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.
  • 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.
  • 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.
  • 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.
  • 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.
  • 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.
STAT South Korea United States HISTORY
Customs and other import duties > Current LCU 10.99 trillion
Ranked 2nd. 345 times more than United States
31.87 billion
Ranked 31st.

Goods and services 42%
Ranked 74th. 3 times more than United States
13%
Ranked 152nd.
Goods and services > BoP > Current US$ 313.99 billion BoP $
Ranked 12th.
1.99 trillion BoP $
Ranked 1st. 6 times more than South Korea

Goods and services > BoP > Current US$ > Per $ GDP 0.399 BoP $ per $1 of GDP
Ranked 81st. 2 times more than United States
0.16 BoP $ per $1 of GDP
Ranked 127th.

Goods and services > BoP > Current US$ > Per capita 6,501.6 BoP $ per capita
Ranked 41st.
6,720.33 BoP $ per capita
Ranked 39th. 3% more than South Korea

Goods and services > BoP > Current US$ per capita 6,522.69 BoP $
Ranked 40th.
6,740.65 BoP $
Ranked 38th. 3% more than South Korea

Goods and services > Constant 2000 US$ > Per capita 5,905.13 constant 2000 US$ per c
Ranked 18th. 1% more than United States
5,854.48 constant 2000 US$ per c
Ranked 25th.

Goods and services > Constant LCU 322530900000000 1719200000000
Goods and services > Current US$ 314.97 billion$
Ranked 9th.
1.8 trillion$
Ranked 1st. 6 times more than South Korea

Goods and services > Current US$ > Per capita 6,521.91$ per capita
Ranked 29th. 7% more than United States
6,122.14$ per capita
Ranked 36th.

Goods and services > Current US$ per capita 6,543.07$
Ranked 29th. 7% more than United States
6,139.92$
Ranked 36th.

Imports of goods and services 603.47 billion
Ranked 7th.
2.74 trillion
Ranked 1st. 5 times more than South Korea

Imports of goods and services > Constant LCU per capita 9.63 million
Ranked 2nd. 1353 times more than United States
7,118.08
Ranked 75th.

Per $ GDP $0.34 per $1 of GDP
Ranked 88th. 2 times more than United States
$0.14 per $1 of GDP
Ranked 158th.

Per capita $7,128.18 per capita
Ranked 37th. 9% more than United States
$6,535.17 per capita
Ranked 41st.

Leading import source China Canada
Customs and other import duties > Current LCU per capita 220,778.68
Ranked 3rd. 2159 times more than United States
102.28
Ranked 61st.

Documents to import > Number per million 0.06
Ranked 175th. 4 times more than United States
0.0159
Ranked 185th.

Goods and services > Annual % growth 6.9%
Ranked 76th.
10.73%
Ranked 67th. 56% more than South Korea

Documents to import > Number 3
Ranked 185th.
5
Ranked 147th. 67% more than South Korea

Imports of goods and services per capita 12,068.34
Ranked 42nd. 38% more than United States
8,738.38
Ranked 57th.

Goods and services > Current US$ > Per $ GDP 0.4$ per $1 of GDP
Ranked 87th. 3 times more than United States
0.154$ per $1 of GDP
Ranked 163th.

Goods and services > Constant 2000 US$ 285.18 billion constant 2000 US$
Ranked 8th.
1.72 trillion constant 2000 US$
Ranked 1st. 6 times more than South Korea

SOURCES: International Monetary Fund, Government Finance Statistics Yearbook and data files. World Bank World Development Indicators.; 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; World Bank national accounts data. 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.; CIA World Factbooks 18 December 2003 to 28 March 2011; World Trade Organization Trade Profiles database, loaded 2010; 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, Doing Business project (http://www.doingbusiness.org/).; 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.

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