Republic of Korea vs Spain: Net trade in goods and services
Net trade in goods and services over time
- Republic of Korea
- Spain
How they compare
Republic of Korea currently reports 103.55 billion BoP, current US$ against 73.36 billion BoP, current US$ in Spain, a difference of 30.20 billion BoP, current US$.
That makes Republic of Korea's figure about 1.4 times Spain's.
The two have swapped places 8 times across 50 shared years of data; in 1976 it was Republic of Korea ahead.
Republic of Korea ranks 6th and Spain ranks 8th of 199 countries.
Republic of Korea has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Republic of Korea | Spain | Difference | Ahead |
|---|---|---|---|---|
| 1970s | -1.10 billion BoP, current US$ | -1.65 billion BoP, current US$ | 551.53 million BoP, current US$ | Republic of Korea |
| 1980s | 1.71 billion BoP, current US$ | -2.24 billion BoP, current US$ | 3.95 billion BoP, current US$ | Republic of Korea |
| 1990s | 1.32 billion BoP, current US$ | -6.52 billion BoP, current US$ | 7.84 billion BoP, current US$ | Republic of Korea |
| 2000s | 18.02 billion BoP, current US$ | -41.00 billion BoP, current US$ | 59.02 billion BoP, current US$ | Republic of Korea |
| 2010s | 66.55 billion BoP, current US$ | 32.53 billion BoP, current US$ | 34.02 billion BoP, current US$ | Republic of Korea |
| 2020s | 57.52 billion BoP, current US$ | 42.30 billion BoP, current US$ | 15.22 billion BoP, current US$ | Republic of Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net trade in goods and services, Republic of Korea or Spain?
- Republic of Korea, at 103.55 billion BoP, current US$ against 73.36 billion BoP, current US$ in Spain as of 2025.
- What is the difference in net trade in goods and services between Republic of Korea and Spain?
- 30.20 billion BoP, current US$, with Republic of Korea ahead.
- How many years of comparable data are there for Republic of Korea and Spain?
- 50 years are reported by both, from 1976 to 2025.
- How do Republic of Korea and Spain rank globally for net trade in goods and services?
- Republic of Korea ranks 6th and Spain ranks 8th of 199 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net trade in goods and services (BoP, current US$). 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.