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)
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 |
