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Balance of Trade In Goods and Services (Local Currency) rose 3.66% to KRW 74,137 bil in South Korea in 2021

Balance of Trade In Goods and Services (Local Currency) (KRW bil), 2021
Economy | South Korea | February 1, 2023
$2.99
Excel Sheet

Balance of trade in goods and services rose 3.66% to KRW 74,137 bil in South Korea in 2021, according to the National Statistical Office.

Historically, balance of trade in goods and services in South Korea reached an all time high of KRW 115,962 bil in 2016 and an all time low of KRW -14,971 bil in 1996.

South Korea has been ranked 3rd within the group of 152 countries we follow in terms of balance of trade in goods and services, 1 place above the position seen 10 years ago.

Balance of Trade In Goods and Services (Local Currency) Unit 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Cambodia KHR bil -3,251 -3,564 -3,076 -1,699 -1,512
China CNY bil 2,235 1,698 1,458 605 917
Dem. People's Republic of Korea KPW bil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...
India INR bil -3,163 -2,718 -5,399 -7,109 -5,180
Japan JPY bil -2,980 4,386 4,202 111 -1,614
Laos LAK bil -20,981 -11,212 -10,057 ... ... ... ...
Russia RUB bil 6,686 4,444 4,873 10,392 8,372
South Korea KRW bil 113,519 115,962 87,150 84,236 53,782
Thailand THB bil 1,434 1,979 1,929 1,446 1,579
USA UYU bil -526 -506 -537 -593 -579
Vietnam VND bil 48,356 158,189 160,177 293,187 432,448