Oranges — Terms of trade in Republic of Korea
Republic of Korea: Oranges — Terms of trade was 37.18 % in 2024. ▼ Falling
Oranges — Terms of trade in Republic of Korea, 2010–2024
Source: Food and Agriculture Organization of the United Nations. Measured in %.
Analysis
Republic of Korea recorded 37.18 % for oranges — terms of trade in 2024. That is the lowest value across all 15 years on record.
The figure is down 52.6% on the previous year and down 44.0% over ten years.
Over the whole period, oranges — terms of trade in Republic of Korea peaked at 155.45 % in 2016 and was at its lowest, 37.18 %, in 2024.
Republic of Korea ranks 86th of 91 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 15 years of available data.
Oranges — Terms of trade in Republic of Korea, year by year
| Year | % | Change |
|---|---|---|
| 2010 | 58.91 % | — |
| 2011 | 79.41 % | +34.8% |
| 2012 | 59.59 % | -25.0% |
| 2013 | 67.14 % | +12.7% |
| 2014 | 66.41 % | -1.1% |
| 2015 | 85.39 % | +28.6% |
| 2016 | 155.45 % | +82.0% |
| 2017 | 53 % | -65.9% |
| 2018 | 62.27 % | +17.5% |
| 2019 | 85.35 % | +37.1% |
| 2020 | 65.27 % | -23.5% |
| 2021 | 79.74 % | +22.2% |
| 2022 | 42.49 % | -46.7% |
| 2023 | 78.45 % | +84.6% |
| 2024 | 37.18 % | -52.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 77.29 % | 53 % | 155.45 % | 10 |
| 2020s | 60.63 % | 37.18 % | 79.74 % | 5 |
Countries ranked near Republic of Korea
More agriculture & rural data for Republic of Korea
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- Sheep and Goat Meat — Yield/Carcass Weight, annual growth rate 0 % change on previous year (2024)
- Sheep and Goat Meat — Production, annual growth rate 0.6449 % change on previous year (2024)
- Sheep and Goat Meat — Producing Animals/Slaughtered, annual growth 1.57 % change on previous year (2024)
- Sheep and Goats — Stocks, annual growth rate 1.28 % change on previous year (2024)
- Vegetables Primary — Area harvested, annual growth rate -0.2061 % change on previous year (2024)
- Vegetables Primary — Yield, annual growth rate 0.4263 % change on previous year (2024)
- Vegetables Primary — Production, annual growth rate 0.2192 % change on previous year (2024)
- Cabbages — Area harvested, annual growth rate 1.13 % change on previous year (2024)
- Cabbages — Yield, annual growth rate 1.77 % change on previous year (2024)
Frequently asked questions
- What is oranges — terms of trade in Republic of Korea?
- Oranges — terms of trade in Republic of Korea was 37.18 % in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest oranges — terms of trade recorded in Republic of Korea?
- The highest recorded value was 155.45 % in 2016.
- What is the lowest oranges — terms of trade recorded in Republic of Korea?
- The lowest recorded value was 37.18 % in 2024.
- How does Republic of Korea rank for oranges — terms of trade?
- Republic of Korea ranks 86th out of 91 countries with data for 2024.
- Is oranges — terms of trade rising or falling in Republic of Korea?
- Over the last ten years it is down 44.0%. The long-run trend across the full record is falling.
- 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 Oranges — 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