Terms of Trade in South Korea increased to 94.40 points in July from 93.60 points in June of 2020.

Terms of Trade in South Korea averaged 144.62 points from 1990 until 2020, 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 September of 2020. 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
94.40 93.60 228.10 82.90 1990 - 2020 points Monthly
NSA, 2010=100

South Korea Trade Last Previous Highest Lowest Unit
Balance of Trade 4116.00 4133.89 13419.36 -4043.46 USD Million [+]
Current Account 7450.00 6880.00 12409.70 -3845.00 USD Million [+]
Current Account to GDP 3.70 4.70 10.70 -10.50 percent [+]
Imports 35540.00 38693.49 48480.62 38.61 USD Million [+]
Exports 39656.00 42827.39 55115.24 14.75 USD Million [+]
External Debt 503055.00 485814.70 503055.00 80766.40 USD Million [+]
Terms of Trade 94.40 93.60 228.10 82.90 points [+]
Capital Flows 9587.00 7144.80 12350.90 -6323.30 USD Million [+]
Foreign Direct Investment 4385466.00 3275220.00 10820073.00 0.00 USD Thousand [+]
Tourism Revenues 496700.00 414500.00 2227900.00 326500.00 USD Million [+]
Tourist Arrivals 61012.00 36943.00 1703495.00 29415.00 [+]
Gold Reserves 104.40 104.40 104.45 13.00 Tonnes [+]
Terrorism Index 0.30 0.29 2.62 0.00 [+]
Weapons Sales 688.00 1066.00 1066.00 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.