Trade Balance
economic
Updated: 1 Dec, 12:00 am UTC
Deviation
-0.3129999999999997%
Consensus
-4.42%
Previous
-6.698%
Actual
-7.011% Description
Source: South Korea
The Trade Balance released by the Korean Customs Service is a balance between exports and imports of total goods and services. A positive value shows a trade surplus, while a negative value shows a trade deficit. A steady demand in exchange for South Korean exports would turn into positive growth in the trade balance, which should be positive (or bullish) for the Won.