Corea del Sur - Balanza comercial

South Korea's trade surplus narrowed to USD 3.37 billion in November 2019 from USD 4.67 billion in the same month a year earlier, preliminary data showed. This was the smallest trade surplus since August, as exports tumbled 14.3 percent, largely due due to the US-China conflict, and an extended plunge in semiconductor prices. Meanwhile, imports dropped at a softer 13.0 percent.

South Korea's trade surplus narrowed to USD 5.39 billion in October 2019 from USD 6.38 billion in the same month a year earlier and compared to market expectations of a 3.51 billion surplus, preliminary data showed. Exports tumbled 14.7 percent, the biggest fall in nearly four years, largely due to the US-China conflict, as well as the stagnant semiconductor sector and a slowdown in the global economy. Meanwhile, imports dropped 14.6 percent.

South Korea's trade surplus narrowed to USD 5.97 billion in September 2019 from USD 9.62 billion in the same month a year earlier, a preliminary data showed. Exports tumbled 11.7 percent amid deteriorating external conditions, including the US-China trade tensions. Meanwhile, imports dropped 5.6 percent. Considering the first nine months of 2019, the trade surplus narrowed sharply to USD 28.80 billion from USD 54.43 billion in the corresponding period the prior year.

South Korea's trade surplus plunged to USD 1.72 billion in August 2019 from USD 6.82 billion in the same month a year earlier, a preliminary data showed. This was the smallest trade surplus since January, as exports tumbled 13.6 percent amid deteriorating external conditions, including the US-China trade tensions and disputes with Japan. Meanwhile, imports slumped 4.2 percent. Considering the first eight months of 2019, the trade surplus narrowed sharply to USD 23.16 billion from USD 44.81 billion in the corresponding period the prior year.

South Korea's trade surplus narrowed sharply to USD 2.44 billion in July 2019 from USD 6.89 billion in the same month last year as exports tumbled 11 percent on the back of US-China trade dispute and Japan's exports restrictions, while imports declined at a softer 2.7 percent. Considering January to July, the trade surplus shrank to USD 21.64 billion from USD 37.99 billion in the same period of 2018.

South Korea’s trade surplus narrowed to USD 4.17 billion in June 2019 from USD 6.08 billion in the same month a year earlier, a preliminary data showed, as exports fell more than imports, amid weakening global demand. Exports declined 13.5 percent year-on-year to USD 44.18 billion, worse than market consensus of a 12 percent decrease and faster than an upwardly revised 9.5 percent fall in May. Imports dropped 11.1 percent to USD 40.01 billion, accelerating from a marginally revised 1.8 percent fall in the previous month and compared with market consensus of a 10.1 percent decline. For the first half of the year, the trade surplus narrowed sharply to USD 19.5 billion from USD 37.2 billion in the corresponding period of 2018, as exports fell 8.4 percent on year to USD 271.5 billion while imports declined at a softer 5.1 percent to USD 252 billion.