- In 2010, the U.S. had only a $4.6 billion trade deficit with Korea in goods and services. Trade between Korea and the U.S. is virtually balanced considering the total trade volume of $115.2 billion between the two countries last year.
- Since 2004, the U.S. trade deficit with Korea has been decreasing annually by an average of $2.6 billion per year.
- In 2010, the U.S. had only a $4.6 billion trade deficit with Korea in trade of goods and services, whereas the U.S. had a $495.7 billion trade deficit with the rest of the world.
- To put this number into perspective, below are the trade deficit figures with other leading U.S. trading partners:
Source: U.S. Bureau of Economic Analysis
