Merchandise exports shot up 11.4% on an annual basis in August, on the heels of July’s 13.9% upturn and marginally...
Merchandise Exports in Korea
Merchandise exports in Korea were worth USD 684 billion in 2022 compared to USD 560 billion ten years earlier, and averaged USD 572 billion over the last decade. For more exports information, visit our dedicated page.
Korea Merchandise Exports Chart
Note: This chart displays Exports (USD billion) for Korea from 2024 to 2023.
Source: Macrobond.
Korea Merchandise Exports Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Merchandise Exports (USD bn) | 512 | 644 | 684 | 632 | 684 |
| Merchandise Exports (ann. var. %) | -5.5 | 25.7 | 6.1 | -7.5 | 8.1 |
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Korean merchandise exports projections for the next ten years from a panel of 5 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable merchandise exports forecast available for Korean merchandise exports.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Korean merchandise exports projections.
Want to get access to the full dataset of Korean merchandise exports forecasts? Send an email to info@focus-economics.com.
Latest Global Trade News
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Korea: Merchandise exports rise by double digits in August -
Thailand: Merchandise exports gain steam in July Merchandise exports shot up 15.2% over the same month last year in July, on the heels of June’s 0.3% rise.... -
Mexico: Merchandise exports increase sharply in July Merchandise exports soared 14.7% over the same month last year in July (June: -5.7% year-on-year). July’s result marked the strongest... -
Indonesia: Merchandise exports drop in June Merchandise exports fell 0.5% year-on-year in June, contrasting May’s 1.8% rise. Meanwhile, merchandise imports expanded 4.7% over the same month... -
Japan: Weak yen pushes up merchandise exports in July Yen-denominated merchandise exports rose 10.3% in annual terms in July, up from June’s 5.4% rise. July’s result was the third-best... -
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Malaysia: Merchandise exports rebound in July Merchandise exports shot up 10.2% year-on-year in July (June: -0.0% yoy). July’s outturn marked the strongest print since September 2022...