In 2024, South Korea's trade balance reached approximately 51.6 billion U.S. dollars, marking a significant improvement from the previous year's deficit of about 10.4 billion dollars. The trade deficit in 2022 was the worst recorded since data collection began in the 1950s.
Trade balance of South Korea from 1991 to 2024
(in billion U.S. dollars)
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Statistics Korea. (January 17, 2025). Trade balance of South Korea from 1991 to 2024 (in billion U.S. dollars) [Graph]. In Statista. Retrieved June 05, 2025, from https://www.statista.com/statistics/934796/south-korea-trade-balance/
Statistics Korea. "Trade balance of South Korea from 1991 to 2024 (in billion U.S. dollars)." Chart. January 17, 2025. Statista. Accessed June 05, 2025. https://www.statista.com/statistics/934796/south-korea-trade-balance/
Statistics Korea. (2025). Trade balance of South Korea from 1991 to 2024 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: June 05, 2025. https://www.statista.com/statistics/934796/south-korea-trade-balance/
Statistics Korea. "Trade Balance of South Korea from 1991 to 2024 (in Billion U.S. Dollars)." Statista, Statista Inc., 17 Jan 2025, https://www.statista.com/statistics/934796/south-korea-trade-balance/
Statistics Korea, Trade balance of South Korea from 1991 to 2024 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/934796/south-korea-trade-balance/ (last visited June 05, 2025)
Trade balance of South Korea from 1991 to 2024 (in billion U.S. dollars) [Graph], Statistics Korea, January 17, 2025. [Online]. Available: https://www.statista.com/statistics/934796/south-korea-trade-balance/
