Japan vs South Korea: External balance on goods and services

Japan
5.75 trillion constant LCU
in 2024
South Korea
143.51 trillion constant LCU
in 2025
Japan rank
6th
South Korea rank
3rd

External balance on goods and services over time

  • Japan
  • South Korea
050.0T100.0T150.0T197019972025

How they compare

South Korea currently reports 143.51 trillion constant LCU against 5.75 trillion constant LCU in Japan, a difference of 137.76 trillion constant LCU.

That makes South Korea's figure about 25.0 times Japan's.

Across all 5 years both countries report, South Korea has been ahead every year.

Globally, Japan ranks 6th and South Korea ranks 3rd of 161 countries.

Individual pages

About this data

Indicator
External balance on goods and services (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
161 places, 3,197 data points, 1960–2025
Last refreshed

The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.