Terms of Trade in South Korea decreased to 92.80 points in February from 93.90 points in January of 2021. source: The Bank of Korea

Terms of Trade in South Korea averaged 143.70 points from 1990 until 2021, 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. South Korea Terms of Trade - values, historical data and charts - was last updated on May of 2021.

Terms of Trade in South Korea is expected to be 106.40 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 2022 and 89.36 points in 2023, according to our econometric models.

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South Korea Terms of Trade

Actual Previous Highest Lowest Dates Unit Frequency
92.80 93.90 228.10 82.90 1990 - 2021 points Monthly
NSA, 2010=100

South Korea Trade Last Previous Highest Lowest Unit
Balance of Trade 390.00 4130.00 13419.36 -4043.46 USD Million [+]
Current Account 7816.00 7942.10 12409.70 -3845.00 USD Million [+]
Current Account to GDP 3.50 3.70 10.70 -10.50 percent [+]
Imports 50800.00 49653.00 50800.00 38.61 USD Million [+]
Exports 51190.00 53800.00 55115.24 14.75 USD Million [+]
External Debt 542448.40 510961.10 542448.40 80766.40 USD Million [+]
Terms of Trade 92.80 93.90 228.10 82.90 points [+]
Capital Flows 10001.20 7411.00 17386.80 -7782.60 USD Million [+]
Foreign Direct Investment 4738478.00 7859000.00 10820073.00 0.00 USD Thousand [+]
Tourism Revenues 692200.00 874600.00 2227900.00 326500.00 USD Million [+]
Tourist Arrivals 74604.00 65582.00 1703495.00 29415.00 [+]
Gold Reserves 104.45 104.51 104.51 13.00 Tonnes [+]
Terrorism Index 0.66 0.30 2.62 0.00 [+]
Weapons Sales 827.00 693.00 1056.00 7.00 USD Million [+]


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.