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 |