In 2023, the trade balance of the space industry in South Korea was around 173.65 billion South Korean won. This was a significant decrease from the previous year, with the country recording a trade deficit throughout the surveyed period. With the successful launch of the Nuri rocket (also known as KSLV-II) in 2022, South Korea became the seventh country in the world that was able to put a satellite weighing over one metric ton in orbit.
Trade balance of the space industry in South Korea from 2014 to 2023
(in billion South Korean won)
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Korea Association for Space Technology Promotion. (December 31, 2024). Trade balance of the space industry in South Korea from 2014 to 2023 (in billion South Korean won) [Graph]. In Statista. Retrieved February 09, 2025, from https://www.statista.com/statistics/1372760/south-korea-space-industry-trade-balance/?__sso_cookie_checker=failed
Korea Association for Space Technology Promotion. "Trade balance of the space industry in South Korea from 2014 to 2023 (in billion South Korean won)." Chart. December 31, 2024. Statista. Accessed February 09, 2025. https://www.statista.com/statistics/1372760/south-korea-space-industry-trade-balance/?__sso_cookie_checker=failed
Korea Association for Space Technology Promotion. (2024). Trade balance of the space industry in South Korea from 2014 to 2023 (in billion South Korean won). Statista. Statista Inc.. Accessed: February 09, 2025. https://www.statista.com/statistics/1372760/south-korea-space-industry-trade-balance/?__sso_cookie_checker=failed
Korea Association for Space Technology Promotion. "Trade Balance of The Space Industry in South Korea from 2014 to 2023 (in Billion South Korean Won)." Statista, Statista Inc., 31 Dec 2024, https://www.statista.com/statistics/1372760/south-korea-space-industry-trade-balance/?__sso_cookie_checker=failed
Korea Association for Space Technology Promotion, Trade balance of the space industry in South Korea from 2014 to 2023 (in billion South Korean won) Statista, https://www.statista.com/statistics/1372760/south-korea-space-industry-trade-balance/?__sso_cookie_checker=failed (last visited February 09, 2025)
Trade balance of the space industry in South Korea from 2014 to 2023 (in billion South Korean won) [Graph], Korea Association for Space Technology Promotion, December 31, 2024. [Online]. Available: https://www.statista.com/statistics/1372760/south-korea-space-industry-trade-balance/?__sso_cookie_checker=failed