Bananas — Terms of trade in Republic of Korea
Republic of Korea: Bananas — Terms of trade was 10.38 % in 2024. ◆ Volatile
Bananas — Terms of trade in Republic of Korea, 2010–2024
Source: Food and Agriculture Organization of the United Nations. Measured in %.
Analysis
In 2024, bananas — terms of trade in Republic of Korea stood at 10.38 %.
That represents a change of up 70.7% on the previous year and up 160.2% over ten years.
Over the whole period, bananas — terms of trade in Republic of Korea peaked at 286.85 % in 2016 and was at its lowest, 0 %, in 2010.
Republic of Korea ranks 79th of 82 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Bananas — Terms of trade in Republic of Korea, year by year
| Year | % | Change |
|---|---|---|
| 2010 | 0 % | — |
| 2011 | 5.88 % | — |
| 2012 | 4.44 % | -24.5% |
| 2013 | 3.89 % | -12.4% |
| 2014 | 3.99 % | +2.6% |
| 2015 | 5.52 % | +38.3% |
| 2016 | 286.85 % | +5096.6% |
| 2017 | 67.76 % | -76.4% |
| 2018 | 223.78 % | +230.3% |
| 2019 | 5.46 % | -97.6% |
| 2020 | 5.92 % | +8.4% |
| 2021 | 4.96 % | -16.2% |
| 2022 | 4.9 % | -1.2% |
| 2023 | 6.08 % | +24.1% |
| 2024 | 10.38 % | +70.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 60.76 % | 0 % | 286.85 % | 10 |
| 2020s | 6.45 % | 4.9 % | 10.38 % | 5 |
Countries ranked near Republic of Korea
More agriculture & rural data for Republic of Korea
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- Pulses, Total — Area harvested, annual growth rate -10.59 % change on previous year (2024)
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Frequently asked questions
- What is bananas — terms of trade in Republic of Korea?
- Bananas — terms of trade in Republic of Korea was 10.38 % in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest bananas — terms of trade recorded in Republic of Korea?
- The highest recorded value was 286.85 % in 2016.
- What is the lowest bananas — terms of trade recorded in Republic of Korea?
- The lowest recorded value was 0 % in 2010.
- How does Republic of Korea rank for bananas — terms of trade?
- Republic of Korea ranks 79th out of 82 countries with data for 2024.
- Is bananas — terms of trade rising or falling in Republic of Korea?
- Over the last ten years it is up 160.2%. The long-run trend across the full record is volatile.
- Where does this Republic of Korea data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Bananas — Terms of trade. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The food and agricultural trade indicators dataset is based on trade, production and gross domestic product (GDP) data. Agri-food trade data are collected, processed and disseminated by FAO according to the standard International Merchandise Trade Statistics (IMTS) Methodology. The data is mainly provided by UNSD, Eurostat, and other national authorities as needed. The source data is checked for outliers, trade partner data is used for non-reporting countries or missing cells, and data on food aid is added to take total cross-border trade flows into account. The trade database includes the following variables: export quantity, export value, import quantity, and import value. It includes all food and agricultural products imported/exported annually by all countries in the world. Production data details are available at https://www.fao.org/faostat/en/#data/QCL and GDP data details are available at https://www.fao.org/faostat/en/#data/MK