Japan vs South Korea: External balance on goods and services

Japan
5.75 trillion constant LCU
in 2024
South Korea
143.51 trillion constant LCU
in 2025
Japan rank
6th
South Korea rank
3rd

External balance on goods and services over time

  • Japan
  • South Korea
050.0T100.0T150.0T197019972025

How they compare

South Korea currently reports 143.51 trillion constant LCU against 5.75 trillion constant LCU in Japan, a difference of 137.76 trillion constant LCU.

That makes South Korea's figure about 25.0 times Japan's.

Across all 5 years both countries report, South Korea has been ahead every year.

Japan ranks 6th and South Korea ranks 3rd of 161 countries.

South Korea has averaged higher in every one of the 1 decades both report.

Frequently asked questions

Which has higher external balance on goods and services, Japan or South Korea?
South Korea, at 143.51 trillion constant LCU against 5.75 trillion constant LCU in Japan as of 2025.
What is the difference in external balance on goods and services between Japan and South Korea?
137.76 trillion constant LCU, with South Korea ahead.
How many years of comparable data are there for Japan and South Korea?
5 years are reported by both, from 2020 to 2024.
How do Japan and South Korea rank globally for external balance on goods and services?
Japan ranks 6th and South Korea ranks 3rd of 161 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as External balance on goods and services (constant LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Japan vs South Korea: External balance on goods and services. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 01 September 2026, from https://economy.statizoid.com/compare/external-balance-on-goods-and-services-constant-lcu/japan/korea-rep/

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About this data

Indicator
External balance on goods and services (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
161 places, 3,197 data points, 1960–2025
Last refreshed

The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.