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South Korea Balance of Trade. Statistics and Historical Data

South Korea Trade Balance Data

Indicator Data Period
Balance of Trade 3700 USD Million | 3.7 B USD Sep/23


Latest data on Balance of Trade (USD Million)

Balance of Trade
                     South Korea - Historical Data (USD Million)

What is trade balance of South Korea?

  • Trade Balance surplus in South Korea increased to 3700 USD Million (3.7 B USD) in September 2023. The maximum value was 13419 USD Million and minimum was -4043 USD Million.
  • Data published Monthly by Ministry of Trade, Industry & Energy.

Historical Data (USD Million) by years

Data
Period
Date
3700 Sep/23 01.10.2023
879 Aug/23 01.09.2023
1652 Jul/23 01.08.2023
1126 Jun/23 01.07.2023
-2100 May/23 01.06.2023
-2620 Apr/23 01.05.2023
-4620 Mar/23 24.03.2023
-5300 Feb/23 01.03.2023


Historical Chart by presidents (USD Million)

Balance of Trade in South Korea by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Mun Jaei-n 10.05.2017 - 5620.1100 6732.0000 13800.0000 3300.0000 19.78%
Park Geun-hye 25.02.2013 - 10.05.2017 1873.3700 12861.5600 12861.5600 813.6200 586.55%
Lee Myung-bak 25.02.2008 - 25.02.2013 -1446.1400 376.1700 6794.2700 -3809.8400 -126.01%
Roh Moo-hyun 25.02.2003 - 25.02.2008 -521.1300 -4043.4600 3837.2000 -4043.4600 675.90%
Kim Dae-jung 25.02.1998 - 25.02.2003 3337.3000 -175.0400 3852.0400 -432.2000 -105.24%
Kim Youngs-am 25.02.1993 - 25.02.1998 -551.7800 1518.0300 2212.2200 -3475.8700 -375.12%
Roh Tae-woo 25.02.1988 - 25.02.1993 500.6400 -971.7300 1525.3400 -1944.3700 -294.10%

Other trade indicators in South Korea

Index Updated Actual Previous
Current Account to GDP 2022 3.2 % 4.9
Weapons Sales 2022 209 M USD 544
Capital Flows Aug/23 5.701 B USD 3.351
Exports Sep/23 54.66 B USD 51.881
Foreign Exchange Reserves Sep/23 414.118 B USD 418.301
Imports Sep/23 50.963 B USD 51.002
Terms of Trade  Aug/23 86.5 in. pt. 86.7
Tourist Arrivals Jul/23 1.032 Million Persons 0.961

Balance of Trade in other countries

Country Updated Actual Previous
Bangladesh Jul/23 -2.235 B USD -1.254
Jordan May/23 -1.446 B USD -0.912
Kyrgyzstan Jun/23 -0.77 B USD -0.655
Mongolia Aug/23 0.382 B USD 0.394
Nepal Jul/23 -0.87 B USD -0.881
Palestine Jul/23 -0.558 B USD -0.547
Tajikistan Dec/22 -0.331 B USD -0.25
Cambodia -6435 0 B USD 0
China Aug/23 6.82 B USD 8.038
Georgia Aug/23 -0.782 B USD -0.664
India Aug/23 -0.024 B USD -0.021
Israel Aug/23 -2.788 B USD -3.04
Pakistan Sep/23 -1.605 B USD -2.297
South Korea Sep/23 3.7 B USD 0.879
Taiwan Sep/23 10.325 B USD 8.591
Vietnam Sep/23 0.002 B USD 0.003
Maldives Jul/23 -0.283 B USD -0.229
Armenia Aug/23 -0.401 B USD -0.338
Hong Kong Aug/23 -3.277 B USD -3.84
Indonesia Aug/23 3.124 B USD 1.292
Japan Aug/23 -6.288 B USD -0.427
Kazakhstan Jul/23 1.461 B USD 1.339
Lebanon Aug/23 -0.397 B USD -1.217
Macau Aug/23 -1.285 B USD -1.27
Malaysia Aug/23 3.661 B USD 3.671
Philippines Aug/23 -4.128 B USD -4.201
Qatar Aug/23 5.865 B USD 5.395
Singapore Aug/23 2.63 B USD 4.776
Sri Lanka Aug/23 -0.307 B USD -0.367
Thailand Aug/23 0.36 B USD -1.978
Oman Jun/23 1.868 B USD 1.392
Iran 3Q/22 3.813 B USD 0.605
Laos 2Q/23 0.2 B USD 0.328
Azerbaijan 2Q/23 2.768 B USD 4.721
Kuwait 1Q/23 11.766 B USD 12.364
Saudi Arabia 2Q/23 5.97 B USD 7.209
Bahrain 2022 8.223 B USD 4.891
North Korea 2022 -0.601 B USD -0.121
United Arab Emirates 2021 79.03 B USD 60.327
Yemen 2022 -5204919.5 B USD -4965847.5
Turkmenistan 2021 5.197 B USD 3.302
Uzbekistan 2Q/23 -0.096 B USD -0.539
Iraq 2023 15.382 B USD 17.77
Syria 2021 0 B USD 0
Afghanistan 2021 -4.051 B USD -5.805
Bhutan 1Q/23 -0.256 B USD -0.226
Brunei May/23 0.301 B USD 0.089
Mauritius Jul/23 -0.334 B USD -0.314