Onions and shallots, dry (excluding dehydrated) — Terms of trade in Republic of Korea

Republic of Korea: Onions and shallots, dry (excluding dehydrated) — Terms of trade was 112.49 % in 2024. ◆ Volatile

Latest (2024)
112.49 %
Change on year
down 68.3%
World rank
38th
of 98 countries
All-time high
354.32 %
in 2023
All-time low
51.84 %
in 2014
Years of data
15
2010–2024

Onions and shallots, dry (excluding dehydrated) — Terms of trade in Republic of Korea, 2010–2024

1002003004002010201720242010: 156.3 %2011: 83.9 %2012: 118.1 %2013: 91.4 %2014: 51.8 %2015: 141.9 %2016: 128.2 %2017: 196 %2018: 96.1 %2019: 93 %2020: 134.8 %2021: 116.1 %2022: 134 %2023: 354.3 %2024: 112.5 %

Source: Food and Agriculture Organization of the United Nations. Measured in %.

Analysis

Republic of Korea recorded 112.49 % for onions and shallots, dry (excluding dehydrated) — terms of trade in 2024.

Compared with earlier readings it is down 68.3% on the previous year and up 117.0% over ten years.

Over the whole period, onions and shallots, dry (excluding dehydrated) — terms of trade in Republic of Korea peaked at 354.32 % in 2023 and was at its lowest, 51.84 %, in 2014.

Republic of Korea ranks 38th of 98 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Onions and shallots, dry (excluding dehydrated) — Terms of trade in Republic of Korea, year by year

Annual values for Onions and shallots, dry (excluding dehydrated) — Terms of trade in Republic of Korea, 2010 to 2024.
Year % Change
2010 156.3 %
2011 83.94 % -46.3%
2012 118.12 % +40.7%
2013 91.38 % -22.6%
2014 51.84 % -43.3%
2015 141.9 % +173.7%
2016 128.18 % -9.7%
2017 196.04 % +52.9%
2018 96.06 % -51.0%
2019 92.95 % -3.2%
2020 134.84 % +45.1%
2021 116.14 % -13.9%
2022 133.97 % +15.4%
2023 354.32 % +164.5%
2024 112.49 % -68.3%

Averages by decade

DecadeAverage LowestHighest Years
2010s 115.67 % 51.84 % 196.04 % 10
2020s 170.35 % 112.49 % 354.32 % 5

Countries ranked near Republic of Korea

  1. 35 Greece 116.58 % compare
  2. 36 Ukraine 114.67 % compare
  3. 37 Canada 113.58 % compare
  4. 39 Netherlands (Kingdom of the) 111.88 % compare
  5. 40 Norway 111.55 % compare
  6. 41 Colombia 110.91 % compare

See the full ranking of 103 places →

More agriculture & rural data for Republic of Korea

All data for Republic of Korea →

Frequently asked questions

What is onions and shallots, dry (excluding dehydrated) — terms of trade in Republic of Korea?
Onions and shallots, dry (excluding dehydrated) — terms of trade in Republic of Korea was 112.49 % in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest onions and shallots, dry (excluding dehydrated) — terms of trade recorded in Republic of Korea?
The highest recorded value was 354.32 % in 2023.
What is the lowest onions and shallots, dry (excluding dehydrated) — terms of trade recorded in Republic of Korea?
The lowest recorded value was 51.84 % in 2014.
How does Republic of Korea rank for onions and shallots, dry (excluding dehydrated) — terms of trade?
Republic of Korea ranks 38th out of 98 countries with data for 2024.
Is onions and shallots, dry (excluding dehydrated) — terms of trade rising or falling in Republic of Korea?
Over the last ten years it is up 117.0%. 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 Onions and shallots, dry (excluding dehydrated) — Terms of trade. Statizoid updates them automatically from the source API.

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Onions and shallots, dry (excluding dehydrated) — Terms of trade in Republic of Korea. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 14 September 2026, from https://agriculture.statizoid.com/stat/onions-and-shallots-dry-excluding-dehydrated-terms-of-trade/republic-of-korea/

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About this data

Indicator
Onions and shallots, dry (excluding dehydrated) — Terms of trade
Unit
%
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
103 places, 1,409 data points, 2010–2024
Last refreshed

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