South Korea Trade Balance

1957 - 2020 | Monthly | USD mn | CEIC Data

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:

South Korea Trade Balance

What was South Korea's Trade Balance in Dec 2020?

Last Previous Min Max Unit Frequency Range
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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Includes Trade Balance on 116 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
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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Includes 539 key indicators for South Korea, curated by CEIC analysts. Instant access to full history data in excel.
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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