South Korea: Trade balance, in dollars

* indicates monthly or quarterly data series
 South Korea

Trade balance, billion USD

 Latest value 73.1
 Reference 2021
 Measure billion U.S. dollars
 Source The World Bank

For that indicator, we provide data for South Korea from 1976 to 2021. The average value for South Korea during that period was 21.97 billion U.S. dollars with a minimum of -21.98 billion U.S. dollars in 1996 and a maximum of 105.65 billion U.S. dollars in 2015. The latest value from 2021 is 73.1 billion U.S. dollars. For comparison, the world average in 2021 based on 105 countries is 7.85 billion U.S. dollars. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

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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.
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