In 2023, South Korea experienced a trade deficit amounting to approximately 10.35 billion U.S. dollars, showing a marginal rise from the previous year's deficit of around 47.8 billion U.S. dollars. The trade deficit in 2022 was the worst since data collection began in the 1950s.
Trade balance of South Korea from 1991 to 2023
(in billion U.S. dollars)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Statistics Korea. (June 14, 2024). Trade balance of South Korea from 1991 to 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 17, 2024, from https://www.statista.com/statistics/934796/south-korea-trade-balance/
Statistics Korea. "Trade balance of South Korea from 1991 to 2023 (in billion U.S. dollars)." Chart. June 14, 2024. Statista. Accessed November 17, 2024. https://www.statista.com/statistics/934796/south-korea-trade-balance/
Statistics Korea. (2024). Trade balance of South Korea from 1991 to 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 17, 2024. https://www.statista.com/statistics/934796/south-korea-trade-balance/
Statistics Korea. "Trade Balance of South Korea from 1991 to 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 14 Jun 2024, https://www.statista.com/statistics/934796/south-korea-trade-balance/
Statistics Korea, Trade balance of South Korea from 1991 to 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/934796/south-korea-trade-balance/ (last visited November 17, 2024)
Trade balance of South Korea from 1991 to 2023 (in billion U.S. dollars) [Graph], Statistics Korea, June 14, 2024. [Online]. Available: https://www.statista.com/statistics/934796/south-korea-trade-balance/
