Merchandise trade as a share of gdp reached 69.5% in 2021 in South Korea, according to the National Statistical Office. This is 16.7% more than in the previous year.
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.
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