Exports from South Korea increased 9.5 percent from a year earlier to USD 44.8 billion in February of 2021, slower than an 11.4 percent jump in the previous month, but in line with market expectations, a preliminary estimate showed. Exports advanced for a fourth straight month, amid higher sales of memory chips and cars, highlighting the country's significant trade recovery. source: Ministry of Trade, Industry & Energy (MOTIE)
Exports in South Korea averaged 15440.34 USD Million from 1966 until 2021, reaching an all time high of 55115.24 USD Million in September of 2017 and a record low of 14.75 USD Million in January of 1966. This page provides the latest reported value for - South Korea Exports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. South Korea Exports - data, historical chart, forecasts and calendar of releases - was last updated on March of 2021.
Exports in South Korea is expected to be 47997.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Exports in South Korea to stand at 51700.00 in 12 months time. In the long-term, the South Korea Exports is projected to trend around 51700.00 USD Million in 2022, according to our econometric models.