(measure: billion U.S. dollars; Source: The World Bank)
* indicates monthly or quarterly data series
South Korea: Trade balance, billion USD
For that indicator, we provide data for South Korea from 1976 to 2019. The average value for South Korea during that period was 19.83 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 2019 is 53.84 billion U.S. dollars. For comparison, the world average in 2019 based on 103
countries is 4.48 billion U.S. dollars.
See the global rankings 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.