The share of Korean exports increased whenever a crisis occurred (Asian currency crisis in 1998 and Financial Crisis in 2008). Although the share of exports in Korean GDP has been declining as well as the share of imports, the trading surplus has been increasing.
아래 차트는 한국의 무역수지를 보여줍니다, 외환위기전 3년동안 한국은 무역적자 겪고 있었습니다. 이당시 한국기업들은 무리한 차입으로 투자를 많이하고 있어던 상황입니다. 외환위기이후 한국은 계속 무역흑자를 보다가 금융위기때 다시 무역수지 흑자가 줄었습니다. 그러나 외환위기이후 무역수지흑자는 점점늘어났습니다. 한국이 무역수지가 흑자로 있는 상황에서는 외환위기나 금융위기와 같은 일은 다시 생기지는 않을뜻합니다.
The following chart illustrates the balance of trade from 1970 to 2014. Before the Asian currency crisis, Korea had trading deficits for three consecutive years. Korea’s trading balance turned into a surplus due to the huge devaluation of Korean currency; therefore, Korea was able to escape from the Asian currency crisis. Korean currency was hugely depreciated again due to the financial crisis in 2008, and the trading surplus has been increasing again since then. As long as the balance of trade stays in surplus, then the Korean economy would not have the crisis like Asian financial crisis.