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Pair · Q2 2026 · Aug 2025–Jul 2026

Goods, bank claims, portfolio holdings and direct investment between Korea and Japan, each channel at its own period. Left, Korea to Japan; right, Japan to Korea.

Finance to trade

positions ÷ goods, both directions
Finance to trade1.4×positions ÷ goods, both directions
Financial positions, both directions124USD bn
Goods, both directions85.6USD bn

Bank, and positions in both directions over goods trade in both directions; financial centres show very high ratios because they hold securities for others.

Positions at the periods above, goods in the 12-month window. Calculations: datasteg.

The pair through time

2006–Jul 2026

Each channel at its own period on one time axis: goods every month (12-month windows), bank claims every quarter, portfolio holdings every half year, direct investment every year, and below them the finance-to-trade ratio by quarter. Solid lines are reported flows, dashed stretches estimated; the band between a goods line and its other report is the mirror gap where both reports exist. A month with no goods line is one where the pair fell below trade-flow’s 1,500 largest flows.

SinceKorea → JapanJapan → Koreaother report (mirror gap)estimated
Goods · 12-month windows, monthly · USD bnJul 2026 · 33.6 / 52.0050100Bank claims · quarterly · USD bnQ2 2026 · 9.6 / –01020Portfolio holdings · half-yearly · USD bnDec 2025 · 36.1 / 22.802550Direct investment · annual · USD bn2024 · 5.5 / 49.7050100Finance to trade · quarterly, positions both ways ÷ goods both waysQ2 2026 · 1.5×0.0×1.0×2.0×20062008201020122014201620182020202220242026
Sources

The ratio starts in 2009, when the direct-investment survey begins: bank claims at the quarter, portfolio and direct investment at their latest period at or before it, goods in the 12 months to the quarter end. Calculations: datasteg global-network.

Goods Korea → Japan

Aug 2025–Jul 2026

exports of Korea to Japan, 12 months

Exports, 12 months33.6USD bnreported
1.10importer’s report ÷ exporter’s
Sources

Window Aug 2025–Jul 2026. Importer-reported where filed, partner-reported or estimated otherwise (tagged). Mirror ratio: the importer’s report over the exporter’s.

Goods Japan → Korea

Aug 2025–Jul 2026

exports of Japan to Korea, 12 months

Exports, 12 months52.0USD bnreported
1.08importer’s report ÷ exporter’s
Sources

Window Aug 2025–Jul 2026. Importer-reported where filed, partner-reported or estimated otherwise (tagged). Mirror ratio: the importer’s report over the exporter’s.

Korea → Japan

Q2 2026

loans and deposits of banks in Korea on residents of Japan

Position9.6USD bn
Flow in the quarter−0.4USD bnas published by the BIS
Sources

Loans and deposits, all sectors and currencies, residence basis, Q2 2026. Flow as published by the BIS.

Japan → Korea

Q2 2026

loans and deposits of banks in Japan on residents of Korea

Position–Not reported
Flow in the quarter–
Sources

Loans and deposits, all sectors and currencies, residence basis, Q2 2026. Flow as published by the BIS.

Korea → Japan

Q4 2025

securities issued in Japan held by investors in Korea

Total36.1USD bn
Equity26.6USD bn
Debt securities9.5USD bn
Sources

Holder to issuer, Q4 2025.

Japan → Korea

Q4 2025

securities issued in Korea held by investors in Japan

Total22.8USD bn
Equity15.7USD bn
Debt securities7.1USD bn
Sources

Holder to issuer, Q4 2025.

Korea → Japan

2024

position of investors in Korea in Japan

Position5.5USD bn
Reportthe host’s
Sources

Investor to host, 2024; one report per pair, the host’s first.

Japan → Korea

2024

position of investors in Japan in Korea

Position49.7USD bn
Reportthe host’s
Sources

Investor to host, 2024; one report per pair, the host’s first.