Terms of Trade in South Korea decreased to 89.70 points in December from 90.80 points in November of 2019. South Korea Terms of Trade - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Terms of Trade in South Korea averaged 145.60 points from 1990 until 2019, reaching an all time high of 228.10 points in March of 1992 and a record low of 82.90 points in March of 2012. This page provides - South Korea Terms of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: The Bank of Korea

Terms of Trade in South Korea is expected to be 103.90 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Terms of Trade in South Korea to stand at 106.40 in 12 months time. In the long-term, the South Korea Terms of Trade is projected to trend around 106.40 points in 2021 and 89.36 points in 2022, according to our econometric models.


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South Korea Terms of Trade

Actual Previous Highest Lowest Dates Unit Frequency
89.70 90.80 228.10 82.90 1990 - 2019 points Monthly
NSA, 2010=100


South Korea Terms of Trade
In South Korea, Terms of Trade (ToT) correspond to the ratio of Price of exportable goods to the Price of importable goods.