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South Korea Balance of Trade. Statistics and Historical Data

South Korea Trade Balance Data

Indicator Data Period
Balance of Trade -12690 USD Million | -12.69 B USD Jan/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 deficit in South Korea decreased to 12690 USD Million (12.69 B USD) in January 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
-12690 Jan/23 01.02.2023
-4690 Dec/22 01.01.2023
-6991 Nov/22 01.12.2022
-6696 Oct/22 01.11.2022
-3700 Sep/22 01.10.2022
-9470 Aug/22 01.09.2022
-4670 Jul/22 01.08.2022
-2470 Jun/22 01.07.2022


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 2021 4.9 % 4.6
Weapons Sales 2021 566 M USD 778
Capital Flows Nov/22 1.719 B USD 2.548
Exports Jan/23 46.27 B USD 54.99
Foreign Exchange Reserves Jan/23 429.97 B USD 423.16
Imports Jan/23 58.96 B USD 59.676
Terms of Trade  Nov/22 85.1 in. pt. 84.8
Tourist Arrivals Nov/22 0.456 Million Persons 0.472

Balance of Trade in other countries

Country Updated Actual Previous
Bangladesh Nov/22 -1.901 B USD -2.178
Jordan Oct/22 -1.43 B USD -1.48
Kyrgyzstan Nov/22 -0.578 B USD -0.325
Mongolia Dec/22 0.563 B USD 0.41
Nepal Sep/22 -0.866 B USD -0.973
Palestine Nov/22 -0.593 B USD -0.548
Tajikistan Dec/22 -0.331 B USD -0.25
Cambodia Oct/22 -0.001 B USD 0
China Dec/22 7.801 B USD 6.925
Georgia Dec/22 -0.823 B USD -0.772
India Dec/22 -0.024 B USD -0.024
Israel Dec/22 -3.874 B USD -1.944
Pakistan Dec/22 -2.336 B USD -2.326
South Korea Jan/23 -12.69 B USD -4.69
Taiwan Dec/22 4.79 B USD 3.43
Vietnam Jan/23 0.004 B USD 0.002
Maldives Nov/22 -0.263 B USD -0.238
Armenia Dec/22 -0.433 B USD -0.382
Hong Kong Dec/22 -6.582 B USD -3.452
Indonesia Dec/22 3.888 B USD 5.132
Japan Dec/22 -10.926 B USD -15.311
Kazakhstan Nov/22 1.943 B USD 2.472
Lebanon Dec/22 -0.979 B USD -1.306
Macau Dec/22 -1.358 B USD -1.419
Malaysia Dec/22 6.534 B USD 5.121
Philippines Dec/22 -4.596 B USD -0.371
Qatar Dec/22 7.755 B USD 7.207
Singapore Dec/22 4.055 B USD 2.527
Sri Lanka Dec/22 -0.358 B USD -0.45
Thailand Dec/22 -1.03 B USD -1.342
Oman Sep/22 2.834 B USD 2.01
Iran 3Q/22 3.813 B USD 4.26
Laos 3Q/22 0.026 B USD 0.194
Azerbaijan 3Q/22 8.156 B USD 7.575
Kuwait 4Q/21 11.495 B USD 5.398
Saudi Arabia 3Q/22 13.349 B USD 14.742
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 3Q/22 -1.214 B USD -1.439
Iraq 2022 20.428 B USD 18.83
Syria 2020 0 B USD 0
Afghanistan 2021 -4.458 B USD -5.761
Bhutan 1Q/22 -0.16 B USD -0.149
Brunei Oct/22 0.097 B USD 0.493
Mauritius Nov/22 -0.388 B USD -0.308