South Korea recorded a trade surplus of 9560 USD Million in September of 2025. This dataset provides the latest reported value for - South Korea Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Key information about South Korea's Trade Balance

• South Korea's Trade Balance recorded a surplus of 4.2 USD bn in Feb 2025, compared with a deficit of 1.8 USD bn in the previous month
• South Korea's Trade Balance data is updated monthly, available from Jan 1966 to Feb 2025, with an averaged value of 78.6 USD mn
• The data reached an all-time high of 13.4 USD bn in Sep 2017 and a record low of -12.7 USD bn in Jan 2023

• In the latest reports, South Korea's Total Exports reached 52.5 USD bn in Feb 2025, an increase of 0.2% YoY (year-on-year)
• Total Imports recorded 48.3 USD bn in Feb 2025, an increase of 0.2% YoY (year-on-year)

The statistic shows South Korea's trade balance of goods from 2014 to 2024. Trade balance is the value of exported goods minus the value of imported goods. A positive trade balance signifies a trade surplus, while a negative value signifies a trade deficit. In 2024, South Korea's trade deficit amounted to around ***** billion U.S. dollars.

In 2024, South Korea's trade balance reached approximately **** billion U.S. dollars, marking a significant improvement from the previous year's deficit of about **** billion dollars. The trade deficit in 2022 was the worst recorded since data collection began in the 1950s.

Graph and download economic data for International Merchandise Trade Statistics: Trade Balance: Commodities for Korea (XTNTVA01KRQ667S) from Q1 1957 to Q2 2025 about Korea, trade, Net, and goods.

North Korea recorded a trade deficit of 1578.82 USD Million in 2024. This dataset provides - North Korea Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

South Korea Trade Balance: First 10 days data was reported at -1.091 USD bn in Apr 2025. This records an increase from the previous number of -2.082 USD bn for Mar 2025. South Korea Trade Balance: First 10 days data is updated monthly, averaging -1.635 USD bn from Jan 2016 (Median) to Apr 2025, with 112 observations. The data reached an all-time high of 1.873 USD bn in Jun 2016 and a record low of -7.741 USD bn in Aug 2022. South Korea Trade Balance: First 10 days data remains active status in CEIC and is reported by Korea Customs Service. The data is categorized under Global Database’s South Korea – Table KR.JA003: Trade Statistics: First 10 Days. [COVID-19-IMPACT]

Japan Trade Balance: South Korea data was reported at 194.246 JPY bn in Jun 2018. This records an increase from the previous number of 172.003 JPY bn for May 2018. Japan Trade Balance: South Korea data is updated monthly, averaging 134.349 JPY bn from Jan 1988 (Median) to Jun 2018, with 366 observations. The data reached an all-time high of 336.433 JPY bn in Sep 2008 and a record low of -3.883 JPY bn in Jan 1998. Japan Trade Balance: South Korea data remains active status in CEIC and is reported by Ministry of Finance. The data is categorized under Global Database’s Japan – Table JP.JA003: Trade Balance: By Country.

Korea Trade Balance: Emerging and Developing Economies data was reported at 4.698 USD bn in May 2018. This records an increase from the previous number of 4.670 USD bn for Apr 2018. Korea Trade Balance: Emerging and Developing Economies data is updated monthly, averaging -2.800 USD mn from Feb 1960 (Median) to May 2018, with 692 observations. The data reached an all-time high of 9.861 USD bn in Sep 2017 and a record low of -2.835 USD bn in Aug 2008. Korea Trade Balance: Emerging and Developing Economies data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Korea – Table KR.IMF.DOT: Trade Balance: by Country: Monthly.

In 2023, Japan recorded a surplus in goods and services trade with South Korea valued at around *** trillion Japanese yen. While Japanese balance of trade with South Korea remained positive, the surplus fluctuated continuously, impacted by trade disputes between the two East Asian nations and successive global crises.

Historical dataset showing South Korea trade balance by year from 1960 to 2023.

Extra-Euro Area trade: Trade balance in partnership with South Korea was EUR3429.20 Million in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Extra-Euro Area trade: Trade balance in partnership with South Korea - last updated from the EUROSTAT on October of 2025. Historically, Extra-Euro Area trade: Trade balance in partnership with South Korea reached a record high of EUR11022.50 Million in December of 2015 and a record low of EUR-4428.20 Million in December of 2010.

View monthly updates and historical trends for US Trade Balance on Goods with South Korea. from United States. Source: Bureau of Economic Analysis. Track …

Exports in South Korea increased to 59800 USD Million in June from 57270 USD Million in May of 2025. This dataset provides the latest reported value for - South Korea Exports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Graph and download economic data for International Merchandise Trade Statistics: Trade Balance: Commodities for Korea (KORXTNTVA01NCMLM) from Jan 1957 to Jul 2025 about Korea and trade.

Korea Trade Balance: Emerging and Developing Economies: Europe: CIS: Belarus data was reported at -14.162 USD mn in 2017. This records a decrease from the previous number of -9.776 USD mn for 2016. Korea Trade Balance: Emerging and Developing Economies: Europe: CIS: Belarus data is updated yearly, averaging 1.200 USD mn from Dec 1993 (Median) to 2017, with 25 observations. The data reached an all-time high of 49.230 USD mn in 2011 and a record low of -14.886 USD mn in 2000. Korea Trade Balance: Emerging and Developing Economies: Europe: CIS: Belarus data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Korea – Table KR.IMF.DOT: Trade Balance: by Country: Annual.

Graph and download economic data for Current Account Balance: Total Trade of Goods for the Republic of Korea (DISCONTINUED) (BPBLTD01KRQ637S) from Q1 1980 to Q4 2013 about current account, Korea, BOP, trade, and goods.

In 2024, South Korea's trade balance with China amounted to a deficit of about **** billion U.S. dollars. The Free Trade Agreement between the two governments came into force in December 2015.

This statistic shows the international trade balance of service industry in South Korea from 2010 to 2016. In 2016, the service trade deficit in South Korea amounted to about **** billion U.S. dollars.

Korea Trade Balance: Emerging and Developing Economies: Emerging and Developing Asia: Myanmar data was reported at 101.396 USD mn in 2017. This records a decrease from the previous number of 393.193 USD mn for 2016. Korea Trade Balance: Emerging and Developing Economies: Emerging and Developing Asia: Myanmar data is updated yearly, averaging 30.200 USD mn from Dec 1963 (Median) to 2017, with 49 observations. The data reached an all-time high of 979.728 USD mn in 2012 and a record low of -24.600 USD mn in 1981. Korea Trade Balance: Emerging and Developing Economies: Emerging and Developing Asia: Myanmar data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Korea – Table KR.IMF.DOT: Trade Balance: by Country: Annual.