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Korea Merchandise Exports

Korea Merchandise Exports

Merchandise Exports in Korea

Merchandise exports in Korea were worth USD 684 billion in 2022 compared to USD 560 billion ten years earlier, and averaged USD 572 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 2014 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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