South Korea - Imports of Goods
South Korea: Imports of Goods
| Mnemonic | TRIG.IKOR | |
|---|---|---|
| Unit | Ths. US$ NSA | |
| Monthly | 2.65 % | |
| Data | May 2019 | 43,636,000 |
| Apr 2019 | 44,826,000 | |
Series Information
| Source | The Bank of Korea |
| Release | Foreign Trade |
| Frequency | Monthly |
| Start Date | 1/31/1966 |
| End Date | 5/31/2019 |
South Korea: Trade
| Reference | Last | Previous | Units | Frequency | |
|---|---|---|---|---|---|
| Balance of Goods | May 2019 | 2,271,000 | 4,003,000 | Ths. US$, NSA | Monthly |
| Exports of Goods | May 2019 | 45,907,000 | 48,829,000 | Ths. US$ NSA | Monthly |
| Imports of Goods | May 2019 | 43,636,000 | 44,826,000 | Ths. US$ NSA | Monthly |
| Current Account Balance | Apr 2019 | -664.8 | 4,819 | Mil. USD, NSA | Monthly |
| Real Exports of Goods and Services | 2019 Q1 | 214,859 | 220,518 | Bil. 2010 KRW, SA | Quarterly |
| Real Imports of Goods and Services | 2019 Q1 | 198,859 | 205,671 | Bil. 2010 KRW, SA | Quarterly |
| Real Net Exports | 2019 Q1 | 16,000 | 14,847 | Bil. 2010 KRW, SA | Quarterly |
| Exports of Goods and Services | 2018 Q4 | 198,067 | 204,391 | Bil. KRW, SA | Quarterly |
| Imports of Goods and Services | 2018 Q4 | 179,991 | 175,588 | Bil. KRW, SA | Quarterly |
| Net Exports | 2018 Q4 | 18,076 | 28,802 | Bil. KRW, SA | Quarterly |
Release Information
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 Korea by entering (imports) or leaving (exports) its economic territory(with the exceptions mentioned below).
Export statistics include :
- Goods exported through the customs clearances (including postal items)
- Exports manufactured at bonded factories or free export zones
- Returns of imported goods - Re-exports of imported goods after processing procedure
Import statistics include :
- Goods imported through the customs clearances (including postal items)
Returns of exported goods - Re-imports of exported goods after processing procedure
- Goods authorized to use at bonded-factories or free trade zones after introduced to these areas
Time of Recording Imports and exports are recorded on the following dates.
Goods for import and export : date of acceptance of declaration
Goods approved for use prior to the acceptance of import : date of approval
Goods approved for use in bonded factory, bonded construction site, export free zone : date of approval for use
The previous period and same period last year are revised in the latest release.
