home
docs

South Korea Ores and metals imports (% of merchandise imports) 2026: Interactive Chart & Historical Data

Ores and metals imports (% of merchandise imports) in South Korea stood at 7.21% in 2025, according to World Bank. The latest value is up 0.53 percentage points from 6.68% in 2024. Ten years earlier, in 2015, the value was 6.72% (up 0.49 percentage points since). The highest value since 1962 was 8.85% in 2011, the lowest 2.6% in 1962. South Korea ranked 13th highest of the 138 countries in this dataset in 2024; Bahrain ranked first.

Data source: World Bank · Unit: % · Category: Commodities and Energy · Explore more indicators on EconDash

Data updated:Last checked:Frequency:AnnualCoverage:1962–2025
Read full description

What is Ores and metals imports (% of merchandise imports)?

Ores and metals imports (% of merchandise imports), measured in %, captures South Korea's cross-border flows of goods and services, revealing the country's competitive position in global markets, trade relationships, and exposure to external economic shocks. Trade data encompasses exports (goods and services sold to other countries), imports (purchases from abroad), and the resulting balance (surplus when exports exceed imports, deficit when the reverse occurs). In South Korea, Ores and metals imports (% of merchandise imports) reflects comparative advantages — sectors where the country produces efficiently relative to trading partners — as well as exchange rate effects and global demand patterns. Persistent trade deficits may indicate domestic consumption exceeding production, while surpluses suggest strong export competitiveness. Trade relationships also create supply chain dependencies; disruptions in partner countries can affect South Korea's industries that rely on imported components or foreign markets for their products.

Key facts

What is the latest Ores and metals imports (% of merchandise imports) in South Korea?

Ores and metals imports (% of merchandise imports) in South Korea stood at 7.21% in 2025, according to World Bank.

Is Ores and metals imports (% of merchandise imports) in South Korea rising or falling?

The latest value is up 0.53 percentage points from 6.68% in 2024. Ten years earlier, in 2015, the value was 6.72% (up 0.49 percentage points since).

How does South Korea rank for Ores and metals imports (% of merchandise imports)?

South Korea ranked 13th highest of the 138 countries in this dataset in 2024; Bahrain ranked first.

What is the highest Ores and metals imports (% of merchandise imports) on record in South Korea?

The highest value since 1962 was 8.85% in 2011, the lowest 2.6% in 1962.

Metadata for Ores and metals imports (% of merchandise imports) in South Korea
IndicatorOres and metals imports (% of merchandise imports)
CountrySouth Korea
CategoryCommodities and Energy
Unit%
SourceWorld Bank
Interactive chartView on EconDash
API accessEconDash API documentation

Loading chart...

Cite this chart
APA

World Bank. (2026). Ores and metals imports (% of merchandise imports) — South Korea [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/wdi-tm-val-mmtl-zs-un/KOR. Original source: https://data.worldbank.org/indicator/TM.VAL.MMTL.ZS.UN?locations=KR

MLA

World Bank. "Ores and metals imports (% of merchandise imports) — South Korea." EconDash, 2026, https://econdash.org/chart/wdi-tm-val-mmtl-zs-un/KOR. Accessed 13 Nov. 2026. Original source: https://data.worldbank.org/indicator/TM.VAL.MMTL.ZS.UN?locations=KR.

Chicago

World Bank. 2026. "Ores and metals imports (% of merchandise imports) — South Korea." EconDash. Accessed November 13, 2026. https://econdash.org/chart/wdi-tm-val-mmtl-zs-un/KOR. Original source: https://data.worldbank.org/indicator/TM.VAL.MMTL.ZS.UN?locations=KR.

BibTeX
@misc{econdash_wdi_tm_val_mmtl_zs_un_kor,
  author = {{World Bank}},
  title = {{Ores and metals imports (\% of merchandise imports) --- South Korea}},
  howpublished = {EconDash},
  year = {2026},
  url = {https://econdash.org/chart/wdi-tm-val-mmtl-zs-un/KOR},
  note = {Accessed: 2026-11-13. Original source: https://data.worldbank.org/indicator/TM.VAL.MMTL.ZS.UN?locations=KR}
}