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)
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Statistics Korea. (June 14, 2024). Trade balance of South Korea from 1991 to 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 18, 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 December 18, 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: December 18, 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 December 18, 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/
