Key data points
Last release
—
Observation period
Oct 2024
Next release
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Forecast
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Highest
13.42 B USD on Sep 30, 2017
Lowest
−12.67 B USD on Jan 31, 2023
About South Korea Balance Of Trade
South Korea is heavily dependent on international trade with the biggest trading partners including China, the US and Japan. The country has been recording consistent trade surpluses since 2008 with the exception of 2022 when the war in Ukraine increased substantially the bill for imports of oil and food.