Statizoid

South Korea vs Singapore: Net trade in goods

South Korea
138.07 billion BoP, current US$
in 2025
Singapore
176.19 billion BoP, current US$
in 2025
South Korea rank
5th
Singapore rank
4th

Net trade in goods over time

  • South Korea
  • Singapore
050.0B100.0B150.0B200.0B197219982025

How they compare

Singapore currently reports 176.19 billion BoP, current US$ against 138.07 billion BoP, current US$ in South Korea, a difference of 38.12 billion BoP, current US$.

That makes Singapore's figure about 1.3 times South Korea's.

The two have swapped places 15 times across 50 shared years of data; in 1976 it was South Korea ahead.

Globally, South Korea ranks 5th and Singapore ranks 4th of 199 countries.

Individual pages

About this data

Indicator
Net trade in goods (BoP, current US$)
Unit
BoP, current US$
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
200 places, 7,807 data points, 1960–2025
Last refreshed

The balance of international trade in goods is the difference between the exports and imports of goods. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.