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Back to Economic Calendar

Balance of Trade

KR

Key Values

Actual
34.8
Forecast
30.7
Previous
30.3

About This Indicator

Description

The Balance of Trade is the difference between the monetary value of a nation's exports and imports over a specific period. A positive balance is known as a trade surplus, while a negative balance is a trade deficit. It is a major component of the current account and provides insights into a country's economic relationship with the rest of the world.

Methodology

The figure is calculated by subtracting the total value of imported goods and services from the total value of exported goods and services. The data is collected from customs records and adjusted for seasonal factors.

Source: Statistics Korea

Full History

Historical Data
View data as table
DateActualForecastSurprise
Oct 1, 2026—47.40—
Sep 1, 202634.7530.70+4.05
Aug 1, 202630.3229.59+0.73
Jul 1, 202636.1529.90+6.25
Jun 1, 202626.9524.30+2.65
May 1, 202623.7723.00+0.77
Apr 15, 202626.2425.74+0.50
Apr 1, 202625.7421.20+4.54
Mar 15, 202615.3815.51-0.13
Mar 1, 202615.5010.00+5.50
Feb 19, 20268.728.74-0.02
Feb 18, 20268.728.74-0.02
Feb 1, 20268.744.60+4.14
Jan 15, 202612.1712.18-0.01
Jan 1, 202612.1810.00+2.18
Dec 15, 20259.749.740.00
Dec 1, 20259.748.40+1.34
Nov 17, 20256.00——
Nov 1, 20256.062.98+3.08
Oct 1, 20259.567.81+1.75
Sep 1, 20256.515.40+1.11
Aug 1, 20256.615.36+1.25
Jul 1, 20259.088.40+0.68
Jun 1, 20256.944.61+2.33
May 1, 20254.884.00+0.88
Apr 15, 20254.924.99-0.07
Apr 1, 20254.996.10-1.11
Mar 17, 20254.154.30-0.15
Mar 1, 20254.304.59-0.29
Feb 17, 2025-1.864.80-6.66
Feb 1, 2025-1.89-1.28-0.61
Jan 1, 20256.493.50+2.99
Dec 1, 20245.615.15+0.46
Nov 1, 20243.174.23-1.06
Oct 1, 20246.664.50+2.16
Sep 1, 20243.834.67-0.84
Aug 1, 20243.625.00-1.38
Jul 1, 20248.005.24+2.76
Jun 1, 20244.963.25+1.71
May 1, 20241.532.41-0.88
Apr 1, 20244.285.75-1.47
Mar 1, 20244.301.90+2.40
Feb 1, 20240.300.80-0.50
Jan 1, 20244.486.26-1.78
Dec 1, 20233.801.30+2.50
Nov 1, 20231.64-2.00+3.64
Oct 1, 20233.701.75+1.95
Sep 1, 20230.87-0.40+1.27
Aug 1, 20231.633.03-1.40
Jul 1, 20231.132.51-1.38
Jun 1, 2023-2.10-2.53+0.43
Revision history
DateFirst printCurrentRevision
Jun 1, 202626.926.90 ↓

Statistics

Mean
12.5
Std Deviation
10.6
Trend
Rising
Forecast Accuracy
71.8%
Data Points
175
YoY
+28.1

Upcoming Releases

Oct 1
00:00
Balance of Trade
In 29 days
F: 47.4P: 34.8