• 08:00

    Imports YoY

    10.5%

  • 08:00

    Exports YoY

    13.9%

  • 08:00

    Balance of Trade

    3620000000

    South Korea is heavily dependent on international trade with the biggest trading partners including China, the US and Japan. The country has been recording consistent trade surpluses since 2008 with the exception of 2022 when the war in Ukraine increased substantially the bill for imports of oil and food.