Exports in Korea
The economy of Korea recorded an average exports growth rate of 2.8% in the decade to 2022. In 2022, the exports growth rate was 3.4%. For more exports information, visit our dedicated page.
Korea Exports Chart
Note: This chart displays Exports (G&S, ann. var. %) for Korea from 2017 to 2016.
Source: Macrobond.
Korea Exports Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Exports (G&S, ann. var. %) | -0.2 | -1.7 | 10.8 | 3.9 | 3.6 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Korean exports projections for the next ten years from a panel of 12 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 exports forecast available for Korean exports.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Korean exports projections.
Want to get access to the full dataset of Korean exports forecasts? Send an email to info@focus-economics.com.