|Unit||Ths. USD, NSA|
|Adjustments||Not Seasonally Adjusted|
|Source||Ministry of Trade, Industry and Energy (MOTIE)|
|Balance of Goods||Feb 2023||-5,305,000||-12,651,000||Ths. USD, NSA||Monthly|
|Exports of Goods||Feb 2023||50,100,000||46,276,000||Ths. USD, NSA||Monthly|
|Imports of Goods||Feb 2023||55,404,000||58,927,000||Ths. USD, NSA||Monthly|
|Current Account Balance||Jan 2023||-4,516||2,677||Mil. USD, NSA||Monthly|
|Exports of Goods and Services||2022 Q4||245,686||270,743||Bil. KRW, SA||Quarterly|
|Imports of Goods and Services||2022 Q4||261,884||287,443||Bil. KRW, SA||Quarterly|
|Net Exports||2022 Q4||-16,197||-16,700||Bil KRW, SA||Quarterly|
|Real Exports of Goods and Services||2022 Q4||211,157||221,371||Bil. Ch. 2015 KRW, SA||Quarterly|
|Real Imports of Goods and Services||2022 Q4||188,805||196,069||Bil. Ch. 2015 KRW, SA||Quarterly|
|Real Net Exports||2022 Q4||22,351||25,301||Bil. Ch. 2015 KRW, SA||Quarterly|
Korea's trade statistics include export and import statistics. The Korea Customs Service (KCS) is responsible for collecting, processing, compiling and publishing the statistics of country's exports and imports.
The legal basis for compiling and publishing the trade statistics of Korea is the Customs Act of the Republic of Korea.
Clearance Planning Division of Clearance Facilitation Bureau is the responsible division in charge of the trade statistics affairs. In general, we abide by the UN recommendation (International Merchandise Trade Statistics; Concepts and Definitions, Rev. 2) in compiling trade statistics.
Trade statistics comprise all goods which add to or subtract from the stock of material resources of South Korea by entering (imports) or leaving (exports) its economic territory (with the exceptions mentioned below).
Imports and exports are recorded on the following dates:
The Ministry of Trade, Industry and Energy (MOTIE) publishes trade data on the first business day of each month.
Data Buffet also carries detail from the Bank of Korea and Statistics Korea; these are published with a longer lag.
The previous period and same period last year (M-1 and M-12) are revised in the latest release.
|Low precision||High precision|
Bank of Korea:
Bank of Korea - ECOS Economic Statistics System: