2022
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GDP
$3.52BCURRENT US$
Rnk 158 / 186
2012-2022
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GDP GROWTH
160%CURRENT US$
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2022
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 GDP
$1.67TCURRENT US$
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2012-2022
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GDP GROWTH
30.3%CURRENT US$
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2022
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GDP PC 
$3,136CURRENT US$
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2012-2022
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GDP PC GROWTH
121%CURRENT US$
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2022
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GDP PC
$32,255CURRENT US$
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2012-2022
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GDP PC GROWTH
26.7%CURRENT US$
Rnk 70 / 186

About

Djibouti-South Korea In 2022, Djibouti exported $25k to South Korea. The main products that Djibouti exported to South Korea are Excavation Machinery ($20.8k), Machinery Having Individual Functions ($2.1k), and Therapeutic Appliances ($1.1k). During the last 27 years the exports of Djibouti to South Korea have decreased at an annualized rate of 8.01%, from $239k in 1995 to $25k in 2022.

In 2022, Djibouti did not export any services to South Korea.

South Korea-Djibouti In 2022, South Korea exported $39.2M to Djibouti. The main products that South Korea exported to Djibouti were Cars ($8.51M), Polyacetals ($4.07M), and Propylene Polymers ($3.39M). During the last 27 years the exports of South Korea to Djibouti have increased at an annualized rate of 1.68%, from $25M in 1995 to $39.2M in 2022.

In 2022, South Korea did not export any services to Djibouti.

Comparison In 2022,  Djibouti ranked 169 in total exports ($542M), and does not have data regarding Economic Complexity Index. That same year, South Korea ranked 4 in the Economic Complexity Index (ECI 1.71), and 5 in total exports ($705B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Djibouti exported $25k to South Korea. The main products exported from Djibouti to South Korea were Excavation Machinery ($20.8k), Machinery Having Individual Functions ($2.1k), and Therapeutic Appliances ($1.1k). During the last 27 years the exports of Djibouti to South Korea have decreased at an annualized rate of 8.01%, from $239k in 1995 to $25k in 2022.

In 2022, South Korea exported $39.2M to Djibouti. The main products exported from South Korea to Djibouti were Cars ($8.51M), Polyacetals ($4.07M), and Propylene Polymers ($3.39M). During the last 27 years the exports of South Korea to Djibouti have increased at an annualized rate of 1.68%, from $25M in 1995 to $39.2M in 2022.

Exports from Djibouti (Flag) to South Korea (Flag) (2022)

Exports from South Korea (Flag) to Djibouti (Flag) (2022)

Latest Data

Trade between Djibouti (Flag) and South Korea (Flag)

South Korea Exports

Market Competitiveness

Color
Djibouti
Top Destination
Ethiopia$333M
South Korea
Top Destination
China$150B

This map shows whether countries import more from Djibouti or South Korea. Each country is colored based on the difference in imports they receive from Djibouti and South Korea or the difference in the growth in imports.

In 2021, countries that imported more from Djibouti than South Korea were Ethiopia ($333M).

In 2021, countries that imported more from South Korea than Djibouti were China ($150B), United States ($112B), and Vietnam ($60.7B).

Difference in imports from South Korea (Flag) and Djibouti (Flag) (2022)

Comparative Advantage Djibouti - South Korea

Flow
Scale

This chart compares trade between Djibouti and South Korea by product, considering products traded by both, Djibouti and South Korea.

During 2022, Djibouti had a large net trade with South Korea in the exports of Machines ($22.9k), Instruments ($1.1k), and Miscellaneous ($953).

During 2022, South Korea had a large net trade with Djibouti in the exports of Plastics and Rubbers ($12.3M), Transportation ($12.3M), and Machines ($7.5M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Djibouti has comparative advantage over South Korea. Similarly, the more yellow a dot/product is, the more South Korea has comparative advantage over Djibouti.

Product Space of Djibouti (Flag) and South Korea (Flag) (2022)

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