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Korea - Trade Balance 1992

Name: Korea Trade Balance 1992
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

External balance on goods and services · World Bank

$-2.5B +$5.4B from 1991 Global rank: 16th

Korea's trade balance was $-2.5B in 1992, increased +$5.4B from $-7.9B in 1991. This was the 16th highest globally.

Global Ranking - 1992▾

Trade Balance by Country - 1992
Rank	Country	Value	YoY
1st	United States	$-34.7B	-21.4%
2nd	Spain	$-22.6B	0.5%
3rd	Mexico	$-18.3B	-100.2%
4th	Iran, Islamic Republic of	$-16.8B	22.6%
5th	Germany	$-10.8B	-14.5%
6th	Greece	$-9.3B	2.7%
7th	Portugal	$-8.0B	-22.5%
8th	United Kingdom	$-5.4B	-280.3%
9th	Israel	$-4.7B	14.3%
10th	Türkiye	$-4.7B	-11.3%
11th	Thailand	$-4.5B	30.5%
12th	Lebanon	$-3.6B	-13.0%
13th	Argentina	$-3.5B	-215.9%
14th	Kuwait	$-2.7B	77.2%
15th	Austria	$-2.6B	-70.8%
16th	Korea	$-2.5B	68.2%
17th	Yemen, Republic of	$-2.5B	-33.7%
18th	India	$-2.2B	-105,707.5%
19th	Romania	$-2.1B	-86.1%
20th	Philippines	$-2.1B	-74.9%
21st	Canada	$-2.0B	36.2%
22nd	Morocco	$-2.0B	-20.2%
23rd	Jordan	$-1.7B	-69.5%
24th	Pakistan	$-1.5B	-117.3%
25th	Bangladesh	$-1.5B	12.4%
26th	Syrian Arab Republic	$-1.5B	-51.4%
27th	Tanzania	$-1.2B	-6.9%
28th	Mozambique	$-1.1B	11.0%
29th	Georgia	$-1.1B	-387.7%
30th	Tunisia	$-1.1B	-65.8%
31st	Peru	$-1.1B	-37.1%
32nd	Egypt, Arab Republic of	$-1.1B	64.4%
33rd	Slovak Republic	$-1.0B	-52.5%
34th	Panama	$-978.4M	-19.8%
35th	Guatemala	$-963.7M	-183.4%
36th	El Salvador	$-953.9M	-36.5%
37th	Sri Lanka	$-898.8M	1.3%
38th	Senegal	$-891.9M	-10.2%
39th	French Polynesia	$-843.1M	3.3%
40th	Dominican Republic	$-795.8M	-176.0%
41st	Cyprus	$-773.0M	-33.8%
42nd	Ghana	$-740.5M	-31.0%
43rd	Nicaragua	$-645.7M	-41.3%
44th	Sudan	$-645.5M	82.6%
45th	Zimbabwe	$-625.3M	-120.2%
46th	Bahrain	$-587.2M	-19.6%
47th	Albania	$-546.4M	-135.5%
48th	New Caledonia	$-525.4M	-26.0%
49th	Mali	$-513.0M	-25.2%
50th	Bolivia, Plurinational State of	$-509.0M	-73.6%
51st	Bulgaria	$-501.3M	-253.7%
52nd	Costa Rica	$-474.7M	-42.2%
53rd	Uganda	$-443.8M	7.7%
54th	Viet Nam	$-403.1M	18.0%
55th	Haiti	$-392.6M	41.1%
56th	Burkina Faso	$-358.5M	11.4%
57th	Colombia	$-335.6M	-114.6%
58th	Nepal	$-332.5M	27.5%
59th	Kazakhstan	$-330.6M	-
60th	Cuba	$-289.4M	83.3%
61st	Kyrgyz Republic	$-278.3M	-743.8%
62nd	Armenia	$-272.8M	32.0%
63rd	Guinea-Bissau	$-266.0M	-43.1%
64th	Chad	$-258.2M	-10.5%
65th	Rwanda	$-257.6M	-25.5%
66th	Malta	$-209.9M	27.3%
67th	Namibia	$-203.8M	-15.9%
68th	Togo	$-184.3M	8.6%
69th	Cabo Verde	$-176.3M	-15.3%
70th	Niger	$-174.2M	15.9%
71st	Benin	$-174.0M	6.2%
72nd	Eritrea	$-160.0M	-
73rd	Madagascar	$-154.7M	-24.7%
74th	Seychelles	$-141.3M	-16.8%
75th	Central African Republic	$-134.1M	-14.1%
76th	Solomon Islands	$-114.8M	19.5%
77th	Lao PDR	$-113.7M	9.9%
78th	Mauritius	$-104.5M	2.3%
79th	Mongolia	$-97.9M	85.5%
80th	Guyana	$-87.7M	-39.9%
81st	Comoros	$-78.9M	-9.0%
82nd	Hungary	$-67.8M	75.2%
83rd	Honduras	$-66.9M	-1,294.8%
84th	Bhutan	$-60.0M	-175.7%
85th	Kiribati	$-48.8M	-40.3%
86th	Gambia, The	$-44.7M	-23.9%
87th	Guinea	$-39.4M	-412.7%
88th	Tonga	$-34.7M	30.2%
89th	Kenya	$-33.7M	72.7%
90th	Bahamas, The	$-30.1M	77.1%
91st	Vanuatu	$-19.0M	33.7%
92nd	Iceland	$-12.7M	86.1%
93rd	Sierra Leone	$-8.9M	-150.7%
94th	Iraq	$-4.2M	15.2%
95th	Belize	$11.8M	127.5%
96th	North Macedonia	$23.0M	116.5%
97th	Mauritania	$52.3M	433.2%
98th	Papua New Guinea	$94.0M	125.1%
99th	Uruguay	$105.9M	-66.6%
100th	Faroe Islands	$108.8M	-20.6%
101st	Azerbaijan	$140.5M	-40.9%
102nd	Cameroon	$269.4M	-57.5%
103rd	Botswana	$274.0M	6.9%
104th	Belarus	$368.3M	-
105th	Brunei Darussalam	$416.8M	-57.5%
106th	Czechia	$419.5M	-74.8%
107th	Côte d'Ivoire	$423.1M	33.3%
108th	Italy	$589.7M	-75.6%
109th	Ecuador	$626.2M	71.2%
110th	Gabon	$686.9M	-9.1%
111th	Algeria	$696.1M	-72.4%
112th	Congo, Republic of	$711.1M	92.1%
113th	Slovenia	$724.7M	-26.1%
114th	Paraguay	$727.9M	-16.9%
115th	Chile	$767.1M	-55.0%
116th	Malaysia	$802.6M	144.6%
117th	Macao SAR, China	$838.3M	51.0%
118th	Australia	$885.2M	305.1%
119th	Turkmenistan	$926.2M	143.3%
120th	Finland	$953.0M	178.6%
121st	New Zealand	$1.3B	-16.8%
122nd	Ukraine	$1.5B	-12.5%
123rd	Libya	$1.7B	76.9%
124th	Oman	$2.0B	17.4%
125th	Luxembourg	$2.3B	55.8%
126th	Sweden	$4.0B	6.9%
127th	Ireland	$4.1B	72.8%
128th	Indonesia	$4.1B	87.8%
129th	Saudi Arabia	$4.3B	68.8%
130th	China	$5.0B	-56.9%
131st	South Africa	$5.3B	2.7%
132nd	Hong Kong SAR, China	$5.4B	-10.4%
133rd	Puerto Rico (US)	$5.7B	4.5%
134th	Belgium	$6.0B	52.1%
135th	Singapore	$6.3B	5.4%
136th	Switzerland	$7.2B	90.7%
137th	Brazil	$8.1B	211.7%
138th	Norway	$8.5B	-8.3%
139th	Denmark	$10.6B	22.0%
140th	France	$12.9B	917.9%
141st	Netherlands	$20.2B	3.7%
142nd	Russian Federation	$64.8B	4,270.8%
143rd	Japan	$80.4B	49.5%

FAQ

What was Korea's trade balance in 1992?▾

Korea's trade balance in 1992 was $-2.5B. This ranked 16th globally.

How did Korea's trade balance change in 1992?▾

Korea's trade balance increased by 68.2% in 1992 compared to 1991.

Which country had the highest trade balance in 1992?▾

Japan had the highest trade balance in 1992 at $80.4B.

What is the trade balance of Korea in 1992?▾

The trade balance of Korea in 1992 was $-2.5B. This ranked 16th globally.

How does 1992 compare to 1991 for Korea's trade balance?▾

Korea's trade balance went from $-7.9B in 1991 to $-2.5B in 1992, a 68.2% increase.

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