South Korea Balance of Trade. Statistics and Historical Data
South Korea Trade Balance Data
| Indicator | Data | Period |
|---|---|---|
| Balance of Trade | -2100 USD Million | -2.1 B USD | May/23 |
Latest data on Balance of Trade (USD Million)
What is trade balance of South Korea?
- Trade Balance deficit in South Korea increased to 2100 USD Million (2.1 B USD) in May 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
| -2100 | May/23 | 01.06.2023 |
| -2620 | Apr/23 | 01.05.2023 |
| -4620 | Mar/23 | 24.03.2023 |
| -5300 | Feb/23 | 01.03.2023 |
| -12690 | Jan/23 | 01.02.2023 |
| -4690 | Dec/22 | 01.01.2023 |
| -6991 | Nov/22 | 01.12.2022 |
| -6696 | Oct/22 | 01.11.2022 |
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 | Mar/23 | -1.414 B USD | 1.194 |
| Exports | May/23 | 52.24 B USD | 49.6 |
| Foreign Exchange Reserves | May/23 | 420.983 B USD | 426.684 |
| Imports | May/23 | 54.343 B USD | 52.233 |
| Terms of Trade | Mar/23 | 84.7 in. pt. | 83.5 |
| Tourist Arrivals | Feb/23 | 0.477 Million Persons | 0.432 |
Balance of Trade in other countries
| Country | Updated | Actual | Previous |
| Bangladesh | Mar/23 | -0.594 B USD | -0.902 |
| Jordan | Feb/23 | -0.698 B USD | -1.482 |
| Kyrgyzstan | Mar/23 | -0.65 B USD | -0.622 |
| Mongolia | Apr/23 | 0.598 B USD | 0.776 |
| Nepal | Mar/23 | -0.981 B USD | -0.968 |
| Palestine | Mar/23 | -0.586 B USD | -0.497 |
| Tajikistan | Dec/22 | -0.331 B USD | -0.25 |
| Cambodia | Jan/23 | -0.001 B USD | 0 |
| China | Apr/23 | 9.021 B USD | 8.819 |
| Georgia | Apr/23 | -0.592 B USD | -0.688 |
| India | Apr/23 | -0.015 B USD | -0.02 |
| Israel | Apr/23 | -2.048 B USD | -2.054 |
| Pakistan | May/23 | -2.087 B USD | -0.857 |
| South Korea | May/23 | -2.1 B USD | -2.65 |
| Taiwan | Apr/23 | 6.708 B USD | 4.221 |
| Vietnam | May/23 | 0.002 B USD | 0.003 |
| Maldives | Mar/23 | -0.231 B USD | -0.235 |
| Armenia | Apr/23 | -0.413 B USD | -0.485 |
| Hong Kong | Apr/23 | -4.663 B USD | -5.176 |
| Indonesia | Apr/23 | 3.943 B USD | 2.828 |
| Japan | Apr/23 | -3.093 B USD | -5.406 |
| Kazakhstan | Mar/23 | 1.317 B USD | 1.658 |
| Lebanon | Dec/22 | -0.979 B USD | -1.31 |
| Macau | Apr/23 | -1.342 B USD | -1.448 |
| Malaysia | Apr/23 | 2.79 B USD | 5.795 |
| Philippines | Mar/23 | -4.928 B USD | -3.905 |
| Qatar | Apr/23 | 6.044 B USD | 5.843 |
| Singapore | Apr/23 | 3.496 B USD | 4.603 |
| Sri Lanka | Apr/23 | -0.583 B USD | -0.412 |
| Thailand | Apr/23 | -1.472 B USD | 2.719 |
| Oman | Feb/23 | 2.704 B USD | 1.598 |
| Iran | 3Q/22 | 3.813 B USD | 0.605 |
| Laos | 4Q/22 | 0.083 B USD | 0.174 |
| Azerbaijan | 4Q/22 | 6.181 B USD | 8.156 |
| Kuwait | 4Q/22 | 14.943 B USD | 19.733 |
| Saudi Arabia | 1Q/23 | 11.81 B USD | 11.921 |
| Bahrain | 2021 | 4.904 B USD | -0.127 |
| North Korea | 2021 | -0.126 B USD | -0.381 |
| United Arab Emirates | 2021 | 79.047 B USD | 62.328 |
| Yemen | 2021 | -5182907 B USD | -4654171 |
| Turkmenistan | 2021 | 5.197 B USD | 3.302 |
| Uzbekistan | 0Q/23 | -1.742 B USD | -0.877 |
| Iraq | 2022 | 17.77 B USD | 20.412 |
| Syria | 2021 | 0 B USD | 0 |
| Afghanistan | 2021 | -4.458 B USD | -5.761 |
| Bhutan | 4Q/22 | -0.226 B USD | -0.156 |
| Brunei | Feb/23 | 0.277 B USD | 0.522 |
| Mauritius | Mar/23 | -0.319 B USD | -0.318 |
