Germany vs Republic of Korea: Net trade in goods and services
Net trade in goods and services over time
- Germany
- Republic of Korea
How they compare
Germany currently reports 123.35 billion BoP, current US$ against 103.55 billion BoP, current US$ in Republic of Korea, a difference of 19.80 billion BoP, current US$.
That makes Germany's figure about 1.2 times Republic of Korea's.
The two have swapped places 2 times across 42 shared years of data; in 1976 it was Germany ahead.
Germany ranks 5th and Republic of Korea ranks 6th of 199 countries.
Germany has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Germany | Republic of Korea | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 11.83 billion BoP, current US$ | -1.10 billion BoP, current US$ | 12.93 billion BoP, current US$ | Germany |
| 1980s | 28.60 billion BoP, current US$ | 1.71 billion BoP, current US$ | 26.89 billion BoP, current US$ | Germany |
| 1990s | 29.08 billion BoP, current US$ | 11.65 billion BoP, current US$ | 17.43 billion BoP, current US$ | Germany |
| 2000s | 127.05 billion BoP, current US$ | 18.02 billion BoP, current US$ | 109.02 billion BoP, current US$ | Germany |
| 2010s | 230.45 billion BoP, current US$ | 66.55 billion BoP, current US$ | 163.89 billion BoP, current US$ | Germany |
| 2020s | 169.69 billion BoP, current US$ | 57.52 billion BoP, current US$ | 112.17 billion BoP, current US$ | Germany |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net trade in goods and services, Germany or Republic of Korea?
- Germany, at 123.35 billion BoP, current US$ against 103.55 billion BoP, current US$ in Republic of Korea as of 2025.
- What is the difference in net trade in goods and services between Germany and Republic of Korea?
- 19.80 billion BoP, current US$, with Germany ahead.
- How many years of comparable data are there for Germany and Republic of Korea?
- 42 years are reported by both, from 1976 to 2025.
- How do Germany and Republic of Korea rank globally for net trade in goods and services?
- Germany ranks 5th and Republic of Korea ranks 6th of 199 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net trade in goods and services (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.