Potatoes — Terms of trade in Republic of Korea
Republic of Korea: Potatoes — Terms of trade was 102.68 % in 2024. ▲ Rising
Potatoes — 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 102.68 % for potatoes — terms of trade in 2024.
The figure is up 9.3% on the previous year and up 7.0% over ten years.
Over the whole period, potatoes — terms of trade in Republic of Korea peaked at 191.14 % in 2017 and was at its lowest, 50.05 %, in 2011.
That places Republic of Korea 43rd out of 104 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 15 years of available data.
Potatoes — Terms of trade in Republic of Korea, year by year
| Year | % | Change |
|---|---|---|
| 2010 | 81.68 % | — |
| 2011 | 50.05 % | -38.7% |
| 2012 | 68.82 % | +37.5% |
| 2013 | 78.93 % | +14.7% |
| 2014 | 95.98 % | +21.6% |
| 2015 | 113.43 % | +18.2% |
| 2016 | 90.1 % | -20.6% |
| 2017 | 191.14 % | +112.1% |
| 2018 | 96.76 % | -49.4% |
| 2019 | 108.02 % | +11.6% |
| 2020 | 116.73 % | +8.1% |
| 2021 | 89.03 % | -23.7% |
| 2022 | 96.9 % | +8.8% |
| 2023 | 93.92 % | -3.1% |
| 2024 | 102.68 % | +9.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 97.49 % | 50.05 % | 191.14 % | 10 |
| 2020s | 99.85 % | 89.03 % | 116.73 % | 5 |
Countries ranked near Republic of Korea
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Frequently asked questions
- What is potatoes — terms of trade in Republic of Korea?
- Potatoes — terms of trade in Republic of Korea was 102.68 % in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest potatoes — terms of trade recorded in Republic of Korea?
- The highest recorded value was 191.14 % in 2017.
- What is the lowest potatoes — terms of trade recorded in Republic of Korea?
- The lowest recorded value was 50.05 % in 2011.
- How does Republic of Korea rank for potatoes — terms of trade?
- Republic of Korea ranks 43rd out of 104 countries with data for 2024.
- Is potatoes — terms of trade rising or falling in Republic of Korea?
- Over the last ten years it is up 7.0%. The long-run trend across the full record is rising.
- 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 Potatoes — 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