Merchandise trade as a share of GDP rose 16.7% to 69.5% in South Korea in 2021, according to the National Statistical Office.
Historically, merchandise trade as a share of GDP in South Korea reached an all time high of 86.1% in 2011 and an all time low of 9.50% in 1960.
South Korea has been ranked 59th within the group of 165 countries we follow in terms of merchandise trade as a share of GDP, 15 places below the position seen 10 years ago.
| Merchandise Trade (As % of GDP) | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
| Cambodia | % | 121% | 112% | 115% | 123% | 130% | ||||||||||||||||
| China | % | 35.7% | 32.8% | 33.4% | 33.3% | 32.1% | ||||||||||||||||
| Dem. People's Republic of Korea | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| India | % | 31.5% | 27.3% | 28.3% | 31.0% | 28.6% | ||||||||||||||||
| Japan | % | 28.6% | 25.0% | 27.8% | 29.5% | 27.8% | ||||||||||||||||
| Laos | % | 64.7% | 60.4% | 61.7% | 64.6% | 64.4% | ||||||||||||||||
| Russia | % | 39.2% | 37.1% | 37.6% | 41.8% | 39.8% | ||||||||||||||||
| South Korea | % | 65.7% | 60.1% | 64.8% | 66.1% | 63.3% | ||||||||||||||||
| Thailand | % | 104% | 99.1% | 100% | 98.9% | 88.7% | ||||||||||||||||
| USA | % | 21.0% | 19.8% | 20.3% | 20.8% | 19.7% | ||||||||||||||||
| Vietnam | % | 137% | 137% | 152% | 155% | 155% |
Helgi Library 
