Pancasila Day

Exports YoY

13.8%

Imports YoY

5.4%

Balance of Trade

1530000000

South Korea is heavily dependent on international trade with the biggest trading partners including China, the US and Japan. The country has been recording consistent trade surpluses since 2008 with the exception of 2022 when the war in Ukraine increased substantially the bill for imports of oil and food.

International Children’s Day