Latest reading: Merchandise exports increased 0.6% over the same month last year in March (February: +13.7% year-on-year). March’s outturn marked...
Merchandise Exports in Korea
In the year 2024, the merchandise exports in Korea was USD 683.6 billion, compared to USD 572.7 billion in 2014 and USD 632.2 billion in 2023. It averaged USD 588.4 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
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Merchandise Exports (USD bn) | 542 | 512 | 644 | 684 | 632 |
| Merchandise Exports (ann. var. %) | -10.4 | -5.5 | 25.7 | 6.1 | -7.5 |
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.
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