South Korea Trade Balance
South Korea Trade Balance recorded a surplus of 6.8 USD bn in Dec 2020, compared with a surplus of 5.9 USD bn in the previous month. South Korea Trade Balance data is updated monthly, available from Jan 1957 to Dec 2020, with an averaged value of -24.0 USD mn. The data reached an all-time high of 13.4 USD bn in Sep 2017 and a record low of -4.0 USD bn in Jan 2008. CEIC extends history for monthly Trade Balance. Korea Customs Service provides Trade Balance in USD. Trade Balance prior to January 1966 is sourced from the International Monetary Fund.
In the latest reports, South Korea Total Exports reached 45.8 USD bn in Nov 2020, an increase of 12.6 % year on year. Total Imports recorded 44.6 USD bn in Dec 2020, an increase of 2.2 % year on year.
View South Korea's Trade Balance from Jan 1957 to Dec 2020 in the chart:
What was South Korea's Trade Balance in Dec 2020?
|6,772.3 Dec 2020||5,904.2 Nov 2020||-4,043.5 Jan 2008||13,419.4 Sep 2017||USD mn||monthly||Jan 1957 - Dec 2020|
Trade Balance by Country Comparison
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|Albania (USD mn)||-376.8 Dec 2020||monthly||Oct 1998 - Dec 2020|
|Algeria (USD mn)||-791.7 Jan 2020||monthly||Jan 2000 - Jan 2020|
|Argentina (USD mn)||141.2 Nov 2020||monthly||Jan 1991 - Nov 2020|
|Armenia (USD mn)||-197.4 Nov 2020||monthly||Nov 1995 - Nov 2020|
|Australia (USD mn)||3,651.0 Nov 2020||monthly||Jul 1971 - Nov 2020|
|Austria (USD mn)||-377.4 Oct 2020||monthly||Jan 1957 - Oct 2020|
|Azerbaijan (USD mn)||-91.6 Nov 2020||monthly||Jan 2000 - Nov 2020|
|Bahrain (USD mn)||856.2 2019||yearly||1966 - 2019|
|Bangladesh (USD mn)||-915.4 Oct 2020||monthly||Jul 1986 - Oct 2020|
|Belarus (USD mn)||309.3 Oct 2020||monthly||Jan 2000 - Oct 2020|
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South Korea Key Series
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|Government and Public Finance||Last||Frequency||Range|
|Consolidated Fiscal Balance: % of GDP (%)||-3.3 Jun 2020||quarterly||Jun 2000 - Jun 2020|
|Consolidated Fiscal Balance (USD mn)||-8,134.344 Sep 2020||monthly||Jul 1999 - Sep 2020|
|Tax Revenue (USD mn)||12,543.704 Nov 2020||monthly||Jan 2000 - Nov 2020|
|Tax Revenue: % of GDP (%)||13.4 Jun 2020||quarterly||Mar 2000 - Jun 2020|
|National Government Debt (USD mn)||686,391.5 Sep 2020||quarterly||Sep 2002 - Sep 2020|
|Government Debt: % of GDP (%)||39.9 Jun 2020||quarterly||Sep 2002 - Jun 2020|
|Forecast: Government Expenditure (KRW bn)||599,692.553 2025||yearly||1995 - 2025|
|Forecast: Government Net Debt (KRW bn)||1,527,429.242 2025||yearly||1990 - 2025|
|Forecast: Government Revenue (KRW bn)||539,984.873 2025||yearly||1995 - 2025|
|National Debt (ND) (KRW bn)||728.800 2019||yearly||1997 - 2019|
|Central Govt Debt (KRW bn)||800,311.900 Sep 2020||quarterly||Sep 2002 - Sep 2020|
|Central Govt Debt: Short-Term (KRW bn)||213.000 Sep 2020||quarterly||Sep 2002 - Sep 2020|
|Central Govt Debt: Medium & Long Term (KRW bn)||799,962.400 Sep 2020||quarterly||Sep 2002 - Sep 2020|
|Central Govt Debt: Domestic (KRW bn)||755,470.200 Sep 2020||quarterly||Dec 2002 - Sep 2020|
|Central Govt Debt: Foreign (KRW bn)||8,613.200 Sep 2020||quarterly||Dec 2002 - Sep 2020|
|Public Sector Debt (KRW bn)||1,132,600.000 2019||yearly||2011 - 2019|
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