South Korea balance of trade


South Korea balance of trade: 1627.16 (-55.99%)
Last Update: October 31, 2023

South Korea balance of trade closed down 1627.16 as of October 31, 2023 from 3696.83 from the previous month and -6724.49 from last year.


South Korea balance of trade Analytics & Data




Embed this chart in your website or Share this chart with your friends MacroVar Free Open Data enables you to Embed, Share and Download South Korea balance of trade historical data, charts and analysis in your website and with others.



Download the last 10 years of historical data for free by clicking Download Data. Sign up free to access full historical data.

Embed South Korea balance of trade Chart or Data Table in your website or Share this chart and data table with your friends.

South Korea balance of trade

Date Values
2023-10-31 1627.16
2023-09-30 3696.83
2023-08-31 1045.16
2023-07-31 1819.61
2023-06-30 1158.22
2023-05-31 -2208.37
2023-04-30 -2746.82
2023-03-31 -4630
2023-02-28 -5270
2023-01-31 -12650
2022-12-31 -4690
2022-11-30 -6990
2022-10-31 -6724.49
2022-09-30 -3830.06
2022-08-31 -9392.84
2022-07-31 -5053.86
2022-06-30 -2497.01
2022-05-31 -1610
2022-04-30 -2480
2022-03-31 210


Get notified instantly when MacroVar new signals are available for South Korea balance of trade. Create your free account


Embed the latest South Korea balance of trade Chart, Data Table or text to your website by clicking the 3 options below.

  • Chart
  • Data
  • Live Text
Copy the following Code to your Website


Share the specific page using the buttons below or Download the latest South Korea balance of trade chart or data.



Download the last 10 years of historical data for free by clicking Download Data. MacroVar also enables you to Embed auto-updated Chart, Table and Live text to your website.

Sign up free to access full historical data of South Korea balance of trade.

South Korea balance of trade Statistics


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
balance of trade kr.balanceoftrade 1627.16 3696.83 -56 -123 UP UP 30 2023-11-30

South Korea balance of trade Factors

MacroVar Quantitative Models analyzes financial and macroeconomic factors affecting to find uncorrelated trading ideas. MacroVar statistical models monitor dynamics and generate signals when unusual deviations are detected between financial markets and their factors

  Upgrade your account to access premium financial and economic signals and research.



What is the South Korea balance of trade

South Korea Balance of Trade: Current Data, Historical Trends, Signals, Analytics, and Charts

Welcome to our webpage dedicated to providing comprehensive information about South Korea's balance of trade. Here, you will find up-to-date data, historical trends, analytical insights, and interactive charts that shed light on this vital economic indicator.

What is South Korea Balance of Trade?

South Korea's balance of trade measures the difference between the value of its exports and imports during a particular period. This indicator reflects the country's performance in international trade and provides insights into its export competitiveness, import reliance, and overall economic health.

Interpreting South Korea Balance of Trade:

A positive balance of trade, also known as a trade surplus, occurs when a country exports more goods and services than it imports. This situation indicates that South Korea is earning more foreign exchange, which can stimulate economic growth and strengthen its economy over time.

On the other hand, a negative balance of trade, known as a trade deficit, arises when a country imports more than it exports. While occasional trade deficits are common, sustained deficits can impact domestic industries and hinder economic development.

Analyzing Current Data and Historical Trends:

Our webpage provides users with comprehensive, real-time data on South Korea's balance of trade. You can explore the latest trade figures, observe monthly or yearly trends, and analyze historical data to gain meaningful insights into the country's trade patterns.

To assist with interpretation, we offer a range of interactive charts that illustrate the fluctuations and long-term trends in South Korea's balance of trade. These charts can help users identify patterns, understand key factors driving trade imbalances, and form data-driven conclusions.

MacroVar Signals, Trends, and Analysis:

To provide users with a deeper understanding of South Korea's balance of trade, our webpage incorporates MacroVar signals and trends. These advanced analytics leverage cutting-edge technology and statistical modeling to identify significant shifts, turning points, and potential future directions in the trade balance.

MacroVar also conducts comprehensive analysis, utilizing multiple data sources, to help users contextualize the balance of trade within broader economic indicators, international relations, and global market dynamics.

Export Historical Data for Further Analysis:

In addition to real-time and historical data, our webpage allows users to download historical datasets for free. By exporting this data, users can conduct their own research, perform detailed analysis, and create customized visualizations to suit their specific requirements.

Harness the Power of South Korea's Balance of Trade:

We invite you to utilize our webpage as a valuable resource for understanding South Korea's balance of trade. Whether you are an economist, researcher, investor, or simply curious about international trade dynamics, our platform equips you with the tools and insights necessary to stay informed and make data-driven decisions.

South Korea Financial Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
KOSPI KOSPI 2343.12 -0.5 -1 -1.89265 40.9394 0.01806 0.01916 -0.02601 0.04159
South Korea ETF EWY 56.25 -1 -1 -2.00251 41.5579 0.02366 -0.00248 -0.02597 0.0857
Korean Won US Dollar (KRW/USD) KRWUSD 1334.34 -1 0.75 0.75369 41.5042 -0.01074 -0.01421 -0.00891 0.0135
South Korea 5-Year Bond Yield KR.5Y 3.719 -1 1 0.97655 42.5779 -0.00668 -0.03201 -0.00295 0.06531
South Korea 2-year bond yield KR.2Y 3.76 1 1 1.11385 54.38 -0.87 0.83 0.7 -0.4
South Korea Yield Curve KR.YC 0.266 -0.5 1 1.90389 49.4473 -0.10135 -0.32143 -0.07958 -10.8518
South Korea Credit Default Swaps CDS.South Korea 25.75 -1 -1 -2.0582 14.4424 -0.0283 -0.14167 -0.19531 -0.39412
Export-Import Bank of Korea Credit Default Swaps CDS.Export-Import-Bank-of-Korea 39 -0.5 -0.75 -1.11528 43.6042 0.01299 0.00645 -0.025 -0.25
South Korea Macroeconomic Indicators

Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
balance of trade kr.balanceoftrade 1627.16 3696.83 -56 -123 UP UP 30 2023-11-30
bank lending rate kr.banks.lendingrate 5.17 5.12 1 33 UP UP 78 2023-06-30
business confidence kr.bizconfidence 69 68 1 -3 UP Down 58 2023-12-31
capacity utilization kr.caputilization 101.8 100 2 -4 UP Down 10 2023-06-30
capital flows kr.capitalflows 4547.8 5782.5 -21 -21 UP Down 50 2023-09-30
car registrations kr.carregistrations 118059 123764 -5 -1 Down Down 52 2023-10-31
central bank balance sheet kr.cb.assets 535848 537454 -0 -8 Down Down 5 2023-09-30
consumer confidence kr.consconfidence 97.2 98.1 -1 12 UP UP 82 2023-11-30
consumer price index cpi kr.cpi 113.37 112.99 0 4 UP UP 88 2023-10-31
core inflation rate kr.coreinflationrate 4.32 4.61 -6 54 UP UP 68 2022-10-31
current account kr.currentaccount 5420.7 4984.6 9 233 UP UP 92 2023-10-31
current account to gdp kr.currentaccountgdp 3.2 4.9 -35 23 Down UP 0 2022-01-31
deposit interest rate kr.depositrate 3.61 3.52 3 60 Down UP 70 2023-05-31
exports kr.exports 55083.3 54668.9 1 6 UP UP 65 2023-11-30
external debt kr.externaldebt 649322 665050 -2 27 UP UP 68 2023-09-30
fiscal expenditure kr.fiscalexp 446732 407276 10 -13 UP Down 10 2023-09-30
foreign direct investment kr.fdi 6854930 11458900 -40 31 Down UP 54 2023-09-30
foreign exchange reserves kr.fxreserves 412874 414118 -0 -1 Down Down 31 2023-11-30
gdp kr.gdp 1665.25 1798.53 -7 46 UP UP 0 2022-12-31
Real GDP kr.realgdp 500210 497214 1 8 UP UP 27 2023-12-31
gdp growth kr.gdpgrowth 0.6 0.3 100 100 UP UP 93 2023-09-30
gdp growth annual kr.gdpgrowthan 0.9 0.9 0 -135 Down UP 10 2023-06-30
gold reserves kr.goldres 104.45 104.45 0 0 UP Down 25 2021-03-31
government budget kr.govbudget -7 -5.2 35 536 Down Down 0 2022-01-31
Government budget kr.govbudgetvalue -31155 -31325 -1 -41 UP UP 37 2023-09-30
government debt to gdp kr.govdebtgdp 49.6 46.9 6 61 UP UP 0 2022-01-31
government revenues kr.govrev 415578 375951 11 -10 UP Down 15 2023-09-30
housing index kr.housingindex 93.4 93.5 0 -7 Down Down 23 2023-07-31
imports kr.imports 53456.1 50972.1 5 -9 Down Down 28 2023-11-30
industrial production kr.indproduction -0.5 -8.1 -94 -133 UP Down 46 2023-08-31
industrial production mom kr.indproductionmm 1.8 5.5 -67 -195 UP UP 23 2023-09-30
inflation cpi kr.inflationcpi 3.8 3.7 3 -33 Down Down 37 2023-10-31
interbank rate kr.interbankrate 3.67 3.67 0 -1 Down Down 32 2023-08-15
interest rate kr.interestrate 3.5 3.5 0 56 UP UP 67 2023-07-13
loans to private sector kr.loanprivate 12463900 12382400 1 7 UP UP 28 2023-10-31
Manufacturing PMI kr.manpmi 49.8 49.9 -0 3 UP UP 72 2023-10-31
money supply m0 kr.msm0 169976000 165501000 3 2 UP UP 13 2023-09-30
money supply m1 kr.msm1 1189110 1194410 -0 -10 Down Down 16 2023-09-30
money supply m2 kr.msm2 3818220 3828610 -0 2 UP UP 4 2023-09-30
money supply m3 kr.msm3 5176990 5189440 -0 2 UP UP 3 2023-09-30
Producer Price Index kr.producerprices 121.67 121.16 0 1 UP UP 46 2023-09-30
PPI Index kr.producerpricesch 1 -0.3 -433 -88 Down Down 40 2023-08-31
retail sales MoM kr.retailsales -0.3 -3.3 -91 -107 UP Down 0 2023-08-31
retail sales kr.retailsalesan -1.9 -4.7 -60 111 Down Down 88 2023-09-30
unemployment rate kr.unemploymentrate 2.5 2.6 -4 -7 Down Down 49 2023-10-31
youth unemployment rate kr.ytunemploymentrate 5.3 4.5 18 -15 Down Down 32 2023-09-30