South Korea: Trade balance, in dollars

(measure: billion U.S. dollars; source: The World Bank)

South Korea: Trade balance, billion USD

: For that indicator, The World Bank provides data for South Korea from 1976 to 2015. The average value for South Korea during that period was 14.28 billion U.S. dollars with a minumum of -21.46 billion U.S. dollars in 1996 and a maximum of 104.58 billion U.S. dollars in 2015.


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World Bank definition: Net trade in goods and services is derived by offsetting imports of goods and services against exports of goods and services. Exports and imports of goods and services comprise all transactions involving a change of ownership of goods and services between residents of one country and the rest of the world. Data are in current U.S. dollars.