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2022
Flag → Flag
Exports $907MRnk 7 / 128
2022
Flag → Flag
Top Product $806MRefined Copper
2022
Flag → Flag
Exports $130MRnk 105 / 220
2022
Flag → Flag
Top Product $36.7MOffice Machine Parts
2022
Flag
Economic Complexity (ECI) ECI -1.81Rnk 130 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.78Rnk 4 / 133
2022
Flag  
GDP$58.1BCURRENT US$
Rnk 87 / 186
2012-2022
Flag
GDP GROWTH98.1%CURRENT US$
Rnk 15 / 186
2022
Flag
 GDP$1.67TCURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP GROWTH30.3%CURRENT US$
Rnk 100 / 186
2022
Flag
GDP PC $586CURRENT US$
Rnk 179 / 186
2012-2022
Flag
GDP PC GROWTH42.1%CURRENT US$
Rnk 45 / 186
2022
Flag
GDP PC$32,255CURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP PC GROWTH26.7%CURRENT US$
Rnk 70 / 186

About

Democratic Republic of the Congo-South Korea Trade: In 2022, Democratic Republic of the Congo exported $907M to South Korea. The main products that Democratic Republic of the Congo exported to South Korea were Refined Copper ($806M), Cobalt ($82.4M), and Cobalt Oxides and Hydroxides ($8.01M). Over the past 5 years the exports of Democratic Republic of the Congo to South Korea have increased at an annualized rate of 8.96%, from $591M in 2017 to $907M in 2022.

In 2022, Democratic Republic of the Congo did not export any services to South Korea.

South Korea-Democratic Republic of the Congo Trade: In 2022, South Korea exported $130M to Democratic Republic of the Congo. The main products that South Korea exported to Democratic Republic of the Congo were Office Machine Parts ($36.7M), Refined Petroleum ($19.5M), and Vaccines, blood, antisera, toxins and cultures ($14M). Over the past 5 years the exports of South Korea to Democratic Republic of the Congo have increased at an annualized rate of 23.9%,  from $35.8M in 2017 to $130M in 2022.

In 2022, South Korea did not export any services to Democratic Republic of the Congo.

Comparison: In 2022,  Democratic Republic of the Congo ranked 130 in the Economic Complexity Index (ECI -1.81), and 71 in total exports ($28.5B). That same year, South Korea ranked 4 in the Economic Complexity Index (ECI 1.78), and 5 in total exports ($705B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Democratic Republic of the Congo exported $907M to South Korea. The main products exported from Democratic Republic of the Congo to South Korea were Refined Copper ($806M), Cobalt ($82.4M), and Cobalt Oxides and Hydroxides ($8.01M). During the last 5 years the exports of Democratic Republic of the Congo to South Korea have increased at an annualized rate of 8.96%, from $591M in 2017 to $907M in 2022.

In 2017, South Korea exported $130M to Democratic Republic of the Congo. The main products exported from South Korea to Democratic Republic of the Congo were Office Machine Parts ($36.7M), Refined Petroleum ($19.5M), and Vaccines, blood, antisera, toxins and cultures ($14M). During the last 5 years the exports of South Korea to Democratic Republic of the Congo have increased at an annualized rate of 23.9%, from $35.8M in 2022 to $130M in 2017.

Exports from Democratic Republic of the Congo (Flag) to South Korea (Flag) (2022)

Exports from South Korea (Flag) to Democratic Republic of the Congo (Flag) (2022)

Latest Data

Trade between Democratic Republic of the Congo (Flag) and South Korea (Flag)

Democratic Republic of the Congo Exports

South Korea Exports

Market Competitiveness

Color
Democratic Republic of the Congo
Top DestinationChina$15.6B
South Korea
Top DestinationChina$150B

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

In 2022, countries that imported more from Democratic Republic of the Congo than South Korea included Tanzania ($1.17B), Zambia ($656M), and Namibia ($116M).

In 2022, countries that imported more from South Korea than Democratic Republic of the Congo included China ($150B), United States ($112B), and Vietnam ($60.7B).

Difference in imports from South Korea (Flag) and Democratic Republic of the Congo (Flag) (2022)

Comparative Advantage Democratic Republic of the Congo - South Korea

Flow
Scale

This chart compares trade between Democratic Republic of the Congo and South Korea by product, considering products traded by both, Democratic Republic of the Congo and South Korea.

During 2022, Democratic Republic of the Congo had a large net trade with South Korea in the exports of Metals ($896M), Chemical Products ($8.01M), and Animal Products ($2.57M).

During 2017, South Korea had a large net trade with Democratic Republic of the Congo in the exports of Machines ($40.6M), Plastics and Rubbers ($28.1M), and Mineral Products ($19.5M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Democratic Republic of the Congo South Korea+$11.6MCobalt
Top Product Potential South Korea Democratic Republic of the Congo+$8.41MCars

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Democratic Republic of the Congo and South Korea. This means that a dot/product with the flag of Democratic Republic of the Congo indicates it has a comparative advantage over South Korea. Similarly, a dot/product with the flag of South Korea indicates it has a comparative advantage over Democratic Republic of the Congo.

Product Space of Democratic Republic of the Congo (Flag) and South Korea (Flag) (2022)

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