Korea - Exports of goods and services (current LCU)

The value for Exports of goods and services (current LCU) in Korea was 704,554,000,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 791,799,000,000,000 in 2018 and a minimum value of 6,550,000,000 in 1960.

Definition: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 6,550,000,000
1961 12,190,000,000
1962 14,170,000,000
1963 20,460,000,000
1964 36,710,000,000
1965 59,270,000,000
1966 90,000,000,000
1967 119,710,000,000
1968 171,700,000,000
1969 234,770,000,000
1970 319,900,000,000
1971 435,800,000,000
1972 708,400,000,000
1973 1,322,400,000,000
1974 1,757,300,000,000
1975 2,388,400,000,000
1976 3,695,100,000,000
1977 4,847,200,000,000
1978 6,287,600,000,000
1979 7,664,700,000,000
1980 11,297,500,000,000
1981 14,871,100,000,000
1982 15,678,100,000,000
1983 18,984,600,000,000
1984 22,716,000,000,000
1985 23,681,900,000,000
1986 32,922,200,000,000
1987 42,369,400,000,000
1988 47,432,600,000,000
1989 45,361,000,000,000
1990 50,127,700,000,000
1991 57,653,700,000,000
1992 66,810,700,000,000
1993 74,611,200,000,000
1994 89,662,300,000,000
1995 112,412,000,000,000
1996 121,741,000,000,000
1997 153,633,000,000,000
1998 212,397,000,000,000
1999 192,759,000,000,000
2000 221,159,000,000,000
2001 224,746,000,000,000
2002 233,639,000,000,000
2003 262,915,000,000,000
2004 333,891,000,000,000
2005 337,817,000,000,000
2006 358,260,000,000,000
2007 407,448,000,000,000
2008 549,891,000,000,000
2009 544,641,000,000,000
2010 622,999,000,000,000
2011 740,828,000,000,000
2012 779,015,000,000,000
2013 769,801,000,000,000
2014 747,571,000,000,000
2015 712,776,000,000,000
2016 698,621,000,000,000
2017 751,429,000,000,000
2018 791,799,000,000,000
2019 755,863,000,000,000
2020 704,554,000,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts