South Korea balance of trade

South Korea’s balance of trade icnreased to -2.47 by 44.44% on July 2022 from -1.71 in the previous month. On a year on year basis South Korea’s balance of trade decreased by -100.06%. South Korea’s balance of trade trend is down since the current value of -2.47 is lower than the 12 month moving average of 480.232. and the 12 month moving average slope is down.South Korea’s balance of trade 5-year percentile is currently at 8.33%.

South Korea balance of trade Chart

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Date Value
31-07-22 -4.670,00
30-06-22 -2.580,00
31-05-22 -1.610,00
30-04-22 -2.480,00
31-03-22 210,00
28-02-22 830,00
31-01-22 -4.830,00
31-12-21 -452,47
30-11-21 3.000,98
31-10-21 1.821,01

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South Korea balance of trade

South Korea Balance of trade Statistics

Click here to explore the methodology used for estimating the South Korea balance of trade signals presented in the statistics table below.

Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
balance of trade kr.balanceoftrade -4670 -2580 81.01 -383.03 Down Down 3.33 2022-08-02

South Korea Financial Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
KOSPI KOSPI 2741.07 0.5 -0.5 -1.60921 54.676 0.00422 0.01146 0.02403 -0.09698
South Korea ETF EWY 72.5 0.5 -0.5 -1.33983 55.9194 0.02286 0.01797 0.01413 -0.18172
Korean Won US Dollar (KRW/USD) KRWUSD 1209.05 0 0.75 1.26128 45.3259 -0.01207 -0.00505 0.00302 0.07843
South Korea 5-Year Bond Yield KR.5Y 2.496 0.5 1 1.47814 51.7721 0.0004 -0.01188 0.01176 0.40461
South Korea 2-year bond yield KR.2Y 2.407 0.5 1 2.43141 76.2795 -0.01755 0.10565 0.18513 1.03466
South Korea Yield Curve KR.YC 0.62 1 1 1.70142 52.959 -12.43 -21.32 -49.18 1.92308
South Korea Credit Default Swaps CDS.South Korea 18.75 -0.5 -0.75 -0.79833 49.8924 2.74 2.74 -10.71 -0.10974
Export-Import Bank of Korea Credit Default Swaps CDS.Export-Import-Bank-of-Korea 18.5 -0.5 -0.75 -0.95953 45.2265 0 -2.63 -7.5 -0.23572

South Korea Financial News Stream

South Korea Macroeconomic Indicators

Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
balance of trade kr.balanceoftrade -4670 -2580 81.01 -383.03 Down Down 3.33 2022-08-02
bank lending rate kr.banks.lendingrate 2.72 2.74 -0.00729927 -0.035461 1.0 -1.0 0.466667 2021-05-31
business confidence kr.bizconfidence 80 83 -3.61 -17.53 Down Down 59.17 2022-07-31
capacity utilization kr.caputilization 105.7 105.1 0.57 0.19 UP UP 98.33 2022-07-31
capital flows kr.capitalflows 4062.5 3027.2 34.2 -5.36 Down Down 23.33 2022-08-06
car registrations kr.carregistrations 127445 116431 9.46 -4.29 UP Down 46.67 2022-08-11
central bank balance sheet kr.cb.assets 611504 576422 6.09 8.2 UP UP 100 2022-08-11
consumer confidence kr.consconfidence 86 96.4 -10.79 -16.67 Down Down 11.67 2022-07-31
consumer price index cpi kr.cpi 108.74 108.22 0.48 1.26 UP UP 100 2022-08-06
core inflation rate kr.coreinflationrate 4.1 3.6 13.89 192.86 UP UP 100 2022-06-11
current account kr.currentaccount 5610 3860 45.34 -36.59 Down Down 36.67 2022-08-06
current account to gdp kr.currentaccountgdp 3.5 3.7 -0.0540541 10.6667 -1.0 1.0 0 2019-02-28
deposit interest rate kr.depositrate 0.93 0.94 -0.0106383 -0.30597 -1.0 -1.0 0.233333 2021-04-30
exports kr.exports 60700 57730 5.14 9.4 UP UP 95 2022-08-02
external debt kr.externaldebt 654098 628468 4.08 48.46 UP UP 100 2022-05-26
fiscal expenditure kr.fiscalexp 330346 257627 28.23 23.16 Down UP 68.33 2022-07-22
foreign direct investment kr.fdi 5639510 5447000 3.53 -15.89 Down Down 76.67 2022-07-22
foreign exchange reserves kr.fxreserves 438610 438280 0.08 -4.38 Down Down 70 2022-08-03
gdp kr.gdp 1630.53 1646.74 -0.00984369 0.55683 1.0 1.0 0 2020-01-31
Real GDP kr.realgdp 491878 487105 0.98 6.69 UP UP 100 2022-07-31
gdp growth kr.gdpgrowth 1.7 1.1 0.545455 0.545455 1.0 1.0 0.816667 2021-01-01
gdp growth annual kr.gdpgrowthan 3.1 4.2 -26.19 72.22 UP UP 58.33 2022-04-29
gold reserves kr.goldres 104.45 104.51 -0.000574108 0.000478927 1.0 1.0 0.366667 2020-09-01
government budget kr.govbudget -6.1 -2.6 1.34615 -6.25862 -1.0 -1.0 0 2020-01-31
Government budget kr.govbudgetvalue -48889 -21317 129.34 138.75 Down Down 13.33 2022-07-22
government debt to gdp kr.govdebtgdp 42.6 36.4 0.17033 0.512677 1.0 1.0 0 2020-01-31
government revenues kr.govrev 281457 236310 19.1 13.6 Down UP 58.33 2022-07-22
housing index kr.housingindex 100.8 100.5 0.3 -13.55 Down Down 58.33 2022-06-11
imports kr.imports 65369 60203 8.58 21.84 UP UP 100 2022-08-06
industrial production kr.indproduction 1.4 7.4 -81.08 -87.83 Down Down 45 2022-07-31
industrial production mom kr.indproductionmm 1.9 0.2 850 -17.39 UP Down 83.33 2022-07-31
inflation cpi kr.inflationcpi 6.3 6 5 142.31 UP UP 100 2022-08-02
interbank rate kr.interbankrate 0.64 0.65 -0.0153846 -0.123288 -1.0 -1.0 0.05 2021-06-02
interest rate kr.interestrate 0.5 0.75 -0.333333 -0.714286 -1.0 -1.0 0.0166667 2020-05-28
loans to private sector kr.loanprivate 11373800 11252000 1.08 10.05 UP UP 100 2022-08-11
South Korea kr.manpmi 49.8 51.3 -2.92 -7.61 Down Down 46.67 2022-08-02
money supply m0 kr.msm0 164311000 163604000 0.43 13.53 UP UP 100 2022-08-11
money supply m1 kr.msm1 1380590 1387580 -0.5 7.71 UP UP 98.33 2022-08-11
money supply m2 kr.msm2 3691550 3699660 -0.22 8.28 UP UP 98.33 2022-08-11
money supply m3 kr.msm3 5020690 5027110 -0.13 6.97 UP UP 98.33 2022-08-11
Producer Price Index kr.producerprices 120.04 118.59 1.22 9.91 UP UP 100 2022-07-31
PPI Index kr.producerpricesch 9.7 9.7 0 61.67 UP UP 97.5 2022-06-24
retail sales MoM kr.retailsales -0.9 -0.2 350 -136 Down Down 23.33 2022-07-31
retail sales kr.retailsalesan -1.5 0.7 -314.29 -193.75 Down Down 10 2022-07-31
unemployment rate kr.unemploymentrate 2.9 2.9 0 -21.62 Down Down 9.17 2022-08-10
youth unemployment rate kr.ytunemploymentrate 8.8 9.3 -0.0537634 -0.2 -1.0 -1.0 0.0666667 2021-06-30

South Korea balance of trade analysis

South-korea’s balance of trade is the difference between the value of South-korea’s imports and exports for a given period. Balance of trade is the largest component of South-korea’s current account balance. Balance of trade measures the relative strnegth of a country’s economy. A trade deficit is defined when imports are greater than exports. If exports are greater than imports this is called a trade surplus. Explore MacroVar financial knowledge base structured by professional fund managers and economists.

South Korea balance of trade trend

South Korea balance of trade trend is in an uptrend when the last value is higher than its twelve-month moving average and its twelve-month moving average slope is positive (last twelve-month moving average is higher than the previous month twelve-month moving average) and vice-versa. MacroVar calculates the number of months the South Korea balance of trade has recorded new highs or lows. South Korea balance of trade trend change is assumed when the specific indicator has recorded a 3-month high / low or more.

South Korea balance of trade momentum

South Korea balance of trade momentum is monitored by calculating its long-term year over year (Y/Y) return and its short-term month on month (M/M) return.