Net trade in goods and services in Korea
Korea: Net trade in goods and services was 103.55 billion BoP, current US$ in 2025. ◆ Volatile
Net trade in goods and services in Korea, 1976–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for net trade in goods and services in Korea is 103.55 billion BoP, current US$, measured in 2025.
Compared with earlier readings it is up 27.1% on the previous year and down 2.0% over ten years.
Over the whole period, net trade in goods and services in Korea peaked at 105.65 billion BoP, current US$ in 2015 and was at its lowest, -21.98 billion BoP, current US$, in 1996.
That places Korea 6th out of 199 countries with data for 2025, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -1.10 billion BoP, current US$ | -3.51 billion BoP, current US$ | 282.00 million BoP, current US$ | 4 |
| 1980s | 1.71 billion BoP, current US$ | -5.28 billion BoP, current US$ | 12.58 billion BoP, current US$ | 10 |
| 1990s | 1.32 billion BoP, current US$ | -21.98 billion BoP, current US$ | 42.50 billion BoP, current US$ | 10 |
| 2000s | 18.02 billion BoP, current US$ | 5.44 billion BoP, current US$ | 38.72 billion BoP, current US$ | 10 |
| 2010s | 66.55 billion BoP, current US$ | 15.96 billion BoP, current US$ | 105.65 billion BoP, current US$ | 10 |
| 2020s | 57.52 billion BoP, current US$ | 7.58 billion BoP, current US$ | 103.55 billion BoP, current US$ | 6 |
Countries ranked near Korea
- 3 Singapore 213.75 billion BoP, current US$ compare
- 4 Netherlands 133.83 billion BoP, current US$ compare
- 5 Germany 123.35 billion BoP, current US$ compare
- 7 Switzerland 90.80 billion BoP, current US$ compare
- 8 Spain 73.36 billion BoP, current US$ compare
- 9 Russian Federation 68.53 billion BoP, current US$ compare
More economy & growth data for Korea
- Taxes less subsidies on products (current US$), annual growth rate -2.41 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0698 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 2,528 current US$ per person (2025)
- Taxes less subsidies on products (current LCU), annual growth rate 1.82 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 99.26 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 3.60 million current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0005 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 1,965 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 1,435 (2025)
- US dollar per domestic currency (End-of-period (EoP)) 0.0007 (2025)
Frequently asked questions
- What is net trade in goods and services in Korea?
- Net trade in goods and services in Korea was 103.55 billion BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net trade in goods and services recorded in Korea?
- The highest recorded value was 105.65 billion BoP, current US$ in 2015.
- What is the lowest net trade in goods and services recorded in Korea?
- The lowest recorded value was -21.98 billion BoP, current US$ in 1996.
- How does Korea rank for net trade in goods and services?
- Korea ranks 6th out of 199 countries with data for 2025.
- Is net trade in goods and services rising or falling in Korea?
- Over the last ten years it is down 2.0%. The long-run trend across the full record is volatile.
- Where does this Korea data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net trade in goods and services (BoP, current US$). Statizoid updates them automatically from the source API.
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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.