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South Korea Trade Balance

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South Korea Trade Balance

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Status

 
Latest Release
Nov 01, 2024
Actual
3.17B
Forecast
4.23B
Previous
6.66B
The Trade Balance measures the difference in value between imported and exported goods and services over the reported period. A positive number indicates that more goods and services were exported than imported (a trade surplus). A negative number indicates that fewer goods and services were exported than imported (a trade deficit).

A reading that is stronger than forecast is generally supportive (bullish) for the KRW, while a weaker than forecast reading is generally negative (bearish) for the KRW.
Importance:
Country:
Currency: KRW
Source: Korea National Statistical Off...
South Korea Trade Balance
 
Release Date Time Actual Forecast Previous
Nov 15, 2024 (Oct) 00:55     3.17B
Nov 01, 2024 (Oct) 01:00 3.17B 4.23B 6.66B
Oct 01, 2024 (Sep) 01:00 6.66B   3.77B
Sep 19, 2024 (Aug) 00:55 3.77B   3.83B
Sep 01, 2024 (Aug) 01:00 3.83B 4.67B 3.60B
Aug 16, 2024 (Jul) 00:55 3.60B   3.62B

News

Analysis

Jeffrey Halley
Asia Session: Haven Momentum Wanes By Jeffrey Halley - Jan 07, 2020

I was lucky enough to do a TV slot on a local Singapore business programme remotely from Jakarta last night. It was wonderful for two reasons. Firstly I got to strongly share my opinion on the...

Trade Balance Discussion

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