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Back to Economic Calendar

Trade Balance

KR

Key Values

Actual
9.53
Forecast
9.56
Previous
6.51

About This Indicator

Description

The Trade Balance represents the difference between the value of a country's exported and imported goods and services. A positive value indicates a trade surplus, while a negative value indicates a trade deficit. It is a major component of the Current Account and directly impacts the calculation of the Gross Domestic Product (GDP).

Methodology

The data is compiled by the Census Bureau and the Bureau of Economic Analysis using customs documentation for goods and survey data for services.

Source: Statistics Korea

Full History

Historical Data
View data as table
DateActualForecastSurprise
Oct 15, 20259.539.56-0.03
Oct 1, 20259.567.81+1.75
Sep 15, 20256.516.510.00
Sep 1, 20256.516.61-0.10
Aug 1, 20256.615.36+1.25
Jul 15, 20259.089.080.00
Jul 1, 20259.088.40+0.68
Jun 15, 20256.936.94-0.01
Jun 1, 20256.944.61+2.33
May 14, 20254.884.880.00
Mar 1, 20254.304.59-0.29
Feb 17, 2025-1.86-1.89+0.03
Feb 1, 2025-1.89-1.28-0.61
Jan 15, 20256.496.490.00
Jan 1, 20256.494.21+2.28
Dec 15, 20245.59——
Dec 1, 20245.61——
Nov 15, 20243.15——
Oct 31, 20243.174.23-1.06
Aug 15, 20243.60——
Jul 31, 20243.625.00-1.38
Jun 30, 20248.005.24+2.76
May 31, 20244.96——
Apr 14, 20244.29——
Mar 1, 20244.301.90+2.40

Statistics

Mean
5.42
Std Deviation
2.93
Trend
Falling
Forecast Accuracy
63.2%
Data Points
25
YoY
+6.36