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South Korea Balance of Trade

Last Release
May 2021
Actual
2930 USD Million
Forecast
6.8 USD Million
Previous
430 USD Million
Frequency
Monthly
Units In
USD Million
Next Release
Jul 1, 2021
Time to Release
10 Days 4 Hours
Highest
Lowest
Average
Date Range
Source
13419.356 USD Million
Sep 2017
-4043.456 USD Million
Jan 2008
1,158.8 USD Million1966 - 2021N/A
South Korea remained as a net exporter for the 11th consecutive year in 2019 with a trade surplus of USD 39.2 billion, despite a downturn in semiconductors, petrochemicals, and petroleum products industry and challenges such as the US-China trade dispute, Japan’s restrictions on exports, Brexit, and Hong Kong protests.

Latest Updates

South Korea's trade surplus decreased to USD 3.37 billion in November 2019 from USD 4.67 billion in the same month a year earlier, a preliminary estimate showed. This was the smallest trade surplus since August, as exports fell more than imports.

South Korea Balance of Trade History

Last 12 readings

Latest Releases and Calendar Events

DATETIMETITLE
Dec 1, 201902:40South Korea Posts Smallest Trade Surplus in 3 Months
Nov 1, 201909:31South Korea Trade Surplus Narrows in October
Oct 1, 201910:50South Korea Trade Surplus Narrows Sharply
Sep 2, 201909:15South Korea Trade Surplus Smallest in 7 Months
Aug 1, 201909:19South Korea Trade Surplus Narrows as Exports Slump
Jul 1, 201902:21South Korea Trade Surplus Narrows Sharply in June
Jun 1, 201903:02South Korea Trade Surplus Far Below Estimates in May

South Korea trade Indicators

All South Korea indicators
Indicator
Last
Previous
Min
Max
Unit
Frequency
Range
Balance of Trade
2,930
May 2021
430
Apr 2021
-4,043.46
Jan 2008
13,419.36
Sep 2017
USD MillionMonthly1966 - 2021
Capital Flows
-1,537.5
Apr 2021
10,001.2
Mar 2021
-6,323.3
Apr 2020
15,929.3
Oct 2020
USD MillionMonthly1980 - 2021
Current Account
1,910
Apr 2021
7,816
Mar 2021
-3,845
Aug 2008
12,409.7
Jun 2016
USD MillionMonthly1980 - 2021
Current Account to GDP
3.5
Dec 2020
3.7
Dec 2019
-10.5
Dec 1980
10.7
Dec 1998
% of GDPYearly1980 - 2020
Exports
50,730
May 2021
51,190
Apr 2021
14.75
Jan 1966
55,115.24
Sep 2017
USD MillionMonthly1966 - 2021
External Debt
565,896.7
Mar 2021
542,448.4
Dec 2020
80,766.4
Dec 1994
565,896.7
Mar 2021
USD MillionQuarterly1994 - 2021

Balance of Trade across Asia

Balance of Trade global view
Country
Last
Previous
Min
Max
Unit
Frequency
Range
Afghanistan
-5,760.9
Dec 2020
-5,912.95
Dec 2019
-8,517.9
Dec 2012
-1,660.9
Dec 2005
USD MillionYearly2003 - 2020
Azerbaijan
167,957
Jan 2021
167,956.8
Dec 2020
-306,551
Dec 1998
8,201,764
Jun 2008
USD ThousandQuarterly1998 - 2021
Bangladesh
-77.6
Oct 2020
-78.3
Sep 2020
-209.8
May 2018
0
Aug 1992
BDT BillionMonthly1976 - 2020
Bhutan
-5,286.51
Dec 2020
7,255.77
Sep 2020
-12,698.1
Dec 2015
7,255.77
Sep 2020
BTN MillionQuarterly1991 - 2020
Brunei
210.3
Dec 2019
140.7
Nov 2019
34.1
Jul 2015
2,971.45
Sep 2008
BND MillionMonthly2005 - 2019
Cambodia
-1,422.4
Sep 2019
-621.1
Aug 2019
-3,753
Dec 2013
363.2
Aug 2017
KHR BillionMonthly2009 - 2019

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