Soya beans — Terms of trade in Republic of Korea
Republic of Korea: Soya beans — Terms of trade was 579.84 % in 2024. ◆ Volatile
Soya beans — Terms of trade in Republic of Korea, 2010–2024
Source: Food and Agriculture Organization of the United Nations. Measured in %.
Analysis
The most recent figure for soya beans — terms of trade in Republic of Korea is 579.84 %, measured in 2024.
The figure is up 241.3% on the previous year and up 533.9% over ten years.
Over the whole period, soya beans — terms of trade in Republic of Korea peaked at 935.84 % in 2019 and was at its lowest, 70.13 %, in 2013.
Republic of Korea ranks 2nd of 74 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Soya beans — Terms of trade in Republic of Korea, year by year
| Year | % | Change |
|---|---|---|
| 2010 | 77.55 % | — |
| 2011 | 147.65 % | +90.4% |
| 2012 | 119.58 % | -19.0% |
| 2013 | 70.13 % | -41.4% |
| 2014 | 91.47 % | +30.4% |
| 2015 | 128.76 % | +40.8% |
| 2016 | 80.8 % | -37.2% |
| 2017 | 192.05 % | +137.7% |
| 2018 | 92.17 % | -52.0% |
| 2019 | 935.84 % | +915.3% |
| 2020 | 95.47 % | -89.8% |
| 2021 | 109.95 % | +15.2% |
| 2022 | 105.79 % | -3.8% |
| 2023 | 169.91 % | +60.6% |
| 2024 | 579.84 % | +241.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 193.6 % | 70.13 % | 935.84 % | 10 |
| 2020s | 212.19 % | 95.47 % | 579.84 % | 5 |
Countries ranked near Republic of Korea
- 1 Democratic Republic of the Congo 233.86 % compare
- 1 Fiji 755.51 % compare
- 2 Viet Nam 183.6 % compare
- 3 Bulgaria 554.5 % compare
- 3 Republic of Moldova 159.32 % compare
- 4 Lao People's Democratic Republic 115.28 % compare
- 4 Luxembourg 369.01 % compare
- 5 Argentina 332.72 % compare
- 5 Bolivia (Plurinational State of) 111.75 % compare
More agriculture & rural data for Republic of Korea
- Oilcrops, Oil Equivalent — Area harvested, annual growth rate 2.53 % change on previous year (2024)
- Oilcrops, Oil Equivalent — Yield, annual growth rate 2.56 % change on previous year (2024)
- Oilcrops, Oil Equivalent — Production, annual growth rate 5.16 % change on previous year (2024)
- Poultry Birds — Stocks, annual growth rate -1.61 % change on previous year (2024)
- Pulses, Total — Area harvested, annual growth rate -10.59 % change on previous year (2024)
- Pulses, Total — Yield, annual growth rate 0.8905 % change on previous year (2024)
- Pulses, Total — Production, annual growth rate -9.8 % change on previous year (2024)
- Roots and Tubers, Total — Area harvested, annual growth rate 5.89 % change on previous year (2024)
- Roots and Tubers, Total — Yield, annual growth rate -1.89 % change on previous year (2024)
- Roots and Tubers, Total — Production, annual growth rate 3.89 % change on previous year (2024)
Frequently asked questions
- What is soya beans — terms of trade in Republic of Korea?
- Soya beans — terms of trade in Republic of Korea was 579.84 % in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest soya beans — terms of trade recorded in Republic of Korea?
- The highest recorded value was 935.84 % in 2019.
- What is the lowest soya beans — terms of trade recorded in Republic of Korea?
- The lowest recorded value was 70.13 % in 2013.
- How does Republic of Korea rank for soya beans — terms of trade?
- Republic of Korea ranks 2nd out of 74 countries with data for 2024.
- Is soya beans — terms of trade rising or falling in Republic of Korea?
- Over the last ten years it is up 533.9%. 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 Soya beans — 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