South Korea vs Netherlands: Net trade in goods and services
Net trade in goods and services over time
- South Korea
- Netherlands
How they compare
Netherlands currently reports 133.83 billion BoP, current US$ against 103.55 billion BoP, current US$ in South Korea, a difference of 30.27 billion BoP, current US$.
That makes Netherlands's figure about 1.3 times South Korea's.
The two have swapped places 6 times across 49 shared years of data; in 1976 it was Netherlands ahead.
South Korea ranks 6th and Netherlands ranks 4th of 199 countries.
Netherlands has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | South Korea | Netherlands | Difference | Ahead |
|---|---|---|---|---|
| 1970s | -1.10 billion BoP, current US$ | 647.23 million BoP, current US$ | 1.75 billion BoP, current US$ | Netherlands |
| 1980s | 1.71 billion BoP, current US$ | 5.44 billion BoP, current US$ | 3.73 billion BoP, current US$ | Netherlands |
| 1990s | 1.32 billion BoP, current US$ | 18.60 billion BoP, current US$ | 17.28 billion BoP, current US$ | Netherlands |
| 2000s | 18.02 billion BoP, current US$ | 46.62 billion BoP, current US$ | 28.60 billion BoP, current US$ | Netherlands |
| 2010s | 66.55 billion BoP, current US$ | 84.98 billion BoP, current US$ | 18.42 billion BoP, current US$ | Netherlands |
| 2020s | 48.31 billion BoP, current US$ | 107.41 billion BoP, current US$ | 59.10 billion BoP, current US$ | Netherlands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net trade in goods and services, South Korea or Netherlands?
- Netherlands, at 133.83 billion BoP, current US$ against 103.55 billion BoP, current US$ in South Korea as of 2024.
- What is the difference in net trade in goods and services between South Korea and Netherlands?
- 30.27 billion BoP, current US$, with Netherlands ahead.
- How many years of comparable data are there for South Korea and Netherlands?
- 49 years are reported by both, from 1976 to 2024.
- How do South Korea and Netherlands rank globally for net trade in goods and services?
- South Korea ranks 6th and Netherlands ranks 4th of 199 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net trade in goods and services (BoP, current US$). 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.