Mnemonic | TRIG.IKOR | |
---|---|---|
Unit | Ths. US$ NSA | |
Monthly | 4.77 % | |
Data | May 2022 | 63,222,000 |
Apr 2022 | 60,342,000 |
Source | The Bank of Korea |
Release | Foreign Trade |
Frequency | Monthly |
Start Date | 1/31/1966 |
End Date | 5/31/2022 |
Reference | Last | Previous | Units | Frequency | |
---|---|---|---|---|---|
Balance of Goods | May 2022 | -1,705,000 | -2,508,000 | Ths. US$, NSA | Monthly |
Exports of Goods | May 2022 | 61,517,000 | 57,833,000 | Ths. US$ NSA | Monthly |
Imports of Goods | May 2022 | 63,222,000 | 60,342,000 | Ths. US$ NSA | Monthly |
Current Account Balance | Apr 2022 | -79.3 | 7,057 | Mil. USD, NSA | Monthly |
Exports of Goods and Services | 2022 Q1 | 256,644 | 238,119 | Bil. KRW, SA | Quarterly |
Imports of Goods and Services | 2022 Q1 | 234,265 | 226,394 | Bil. KRW, SA | Quarterly |
Net Exports | 2022 Q1 | 22,379 | 11,725 | Bil KRW, SA | Quarterly |
Real Exports of Goods and Services | 2022 Q1 | 225,948 | 218,126 | Bil. Ch. 2015 KRW, SA | Quarterly |
Real Imports of Goods and Services | 2022 Q1 | 186,968 | 188,106 | Bil. Ch. 2015 KRW, SA | Quarterly |
Real Net Exports | 2022 Q1 | 38,979 | 30,020 | 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 previous period and same period last year are revised in the latest release.
Bank of Korea:
ECOS Economic Statistics System:
IMF (SDDS):