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    The United States and South Korea maintain a balanced trading relationship. While the U.S. had a $10.7 billion trade deficit with South Korea in goods and services in the first half of 2010, total trade volume between the two countries was $55 billion, making the relationship virtually balanced. Since 2004, the U.S. trade deficit with South Korea has decreased annually by an average of $2 billion per year. Full implementation of the U.S.-Korea Free Trade Agreement is estimated to increase U.S. goods exports to South Korea by $9.7-10.9 billion and U.S. goods imports from South Korea by $4.1-4.3 billion, further balancing the

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    The United States and South Korea maintain a balanced trading relationship. While the U.S. had a $10.7 billion trade deficit with South Korea in goods and services in the first half of 2010, total trade volume between the two countries was $55 billion, making the relationship virtually balanced. Since 2004, the U.S. trade deficit with South Korea has decreased annually by an average of $2 billion per year. Full implementation of the U.S.-Korea Free Trade Agreement is estimated to increase U.S. goods exports to South Korea by $9.7-10.9 billion and U.S. goods imports from South Korea by $4.1-4.3 billion, further balancing the

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    The United States and South Korea maintain a balanced trading relationship. While the U.S. had a $10.7 billion trade deficit with South Korea in goods and services in the first half of 2010, total trade volume between the two countries was $55 billion, making the relationship virtually balanced. Since 2004, the U.S. trade deficit with South Korea has decreased annually by an average of $2 billion per year. Full implementation of the U.S.-Korea Free Trade Agreement is estimated to increase U.S. goods exports to South Korea by $9.7-10.9 billion and U.S. goods imports from South Korea by $4.1-4.3 billion, further balancing the

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    FinalHTML10 26 10

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    The United States and South Korea maintain a balanced trading relationship. While the U.S. had a $10.7 billion trade deficit with South Korea in goods and services in the first half of 2010, total trade volume between the two countries was $55 billion, making the relationship virtually balanced. Since 2004, the U.S. trade deficit with South Korea has decreased annually by an average of $2 billion per year. Full implementation of the U.S.-Korea Free Trade Agreement is estimated to increase U.S. goods exports to South Korea by $9.7-10.9 billion and U.S. goods imports from South Korea by $4.1-4.3 billion, further balancing the

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    of 1

    October 26, 2010

    U.S. and Korea Maintain a Balanced Trading Relationship

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    a9erage of D2 billion per year&

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    U.S. Trading Partner Trade Deficit (USD Billions)


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    koreaUSpartnership.org

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