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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 Million | 1966 - 2021 | N/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
News
All News| DATE | TIME | TITLE |
|---|---|---|
| Dec 1, 2019 | 02:40 | South Korea Posts Smallest Trade Surplus in 3 Months |
| Nov 1, 2019 | 09:31 | South Korea Trade Surplus Narrows in October |
| Oct 1, 2019 | 10:50 | South Korea Trade Surplus Narrows Sharply |
| Sep 2, 2019 | 09:15 | South Korea Trade Surplus Smallest in 7 Months |
| Aug 1, 2019 | 09:19 | South Korea Trade Surplus Narrows as Exports Slump |
| Jul 1, 2019 | 02:21 | South Korea Trade Surplus Narrows Sharply in June |
| Jun 1, 2019 | 03:02 | South Korea Trade Surplus Far Below Estimates in May |
South Korea trade Indicators
All South Korea indicatorsIndicator | 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 Million | Monthly | 1966 - 2021 |
| Capital Flows | -1,537.5 Apr 2021 | 10,001.2 Mar 2021 | -6,323.3 Apr 2020 | 15,929.3 Oct 2020 | USD Million | Monthly | 1980 - 2021 |
| Current Account | 1,910 Apr 2021 | 7,816 Mar 2021 | -3,845 Aug 2008 | 12,409.7 Jun 2016 | USD Million | Monthly | 1980 - 2021 |
| Current Account to GDP | 3.5 Dec 2020 | 3.7 Dec 2019 | -10.5 Dec 1980 | 10.7 Dec 1998 | % of GDP | Yearly | 1980 - 2020 |
| Exports | 50,730 May 2021 | 51,190 Apr 2021 | 14.75 Jan 1966 | 55,115.24 Sep 2017 | USD Million | Monthly | 1966 - 2021 |
| External Debt | 565,896.7 Mar 2021 | 542,448.4 Dec 2020 | 80,766.4 Dec 1994 | 565,896.7 Mar 2021 | USD Million | Quarterly | 1994 - 2021 |
Balance of Trade across Asia
Balance of Trade global viewCountry | 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 Million | Yearly | 2003 - 2020 |
| Azerbaijan | 167,957 Jan 2021 | 167,956.8 Dec 2020 | -306,551 Dec 1998 | 8,201,764 Jun 2008 | USD Thousand | Quarterly | 1998 - 2021 |
| Bangladesh | -77.6 Oct 2020 | -78.3 Sep 2020 | -209.8 May 2018 | 0 Aug 1992 | BDT Billion | Monthly | 1976 - 2020 |
| Bhutan | -5,286.51 Dec 2020 | 7,255.77 Sep 2020 | -12,698.1 Dec 2015 | 7,255.77 Sep 2020 | BTN Million | Quarterly | 1991 - 2020 |
| Brunei | 210.3 Dec 2019 | 140.7 Nov 2019 | 34.1 Jul 2015 | 2,971.45 Sep 2008 | BND Million | Monthly | 2005 - 2019 |
| Cambodia | -1,422.4 Sep 2019 | -621.1 Aug 2019 | -3,753 Dec 2013 | 363.2 Aug 2017 | KHR Billion | Monthly | 2009 - 2019 |