South Korea: Trade balance, in dollars

The latest value from 2024 is 81.48 billion U.S. dollars, an increase from 13.89 billion U.S. dollars in 2023. In comparison, the world average is 6.57 billion U.S. dollars, based on data from 157 countries. Historically, the average for South Korea from 1976 to 2024 is 22.72 billion U.S. dollars. The minimum value, -21.98 billion U.S. dollars, was reached in 1996 while the maximum of 105.65 billion U.S. dollars was recorded in 2015. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.

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.