Algeria / South Korea

Algeria-South Korea Trade: In 2022, Algeria exported $2.96B to South Korea. The main products that Algeria exported to South Korea were Refined Petroleum ($2.21B), Crude Petroleum ($711M), and Petroleum Gas ($42.3M). Over the past 5 years the exports of Algeria to South Korea have increased at an annualized rate of 25.7%, from $944M in 2017 to $2.96B in 2022.

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

South Korea-Algeria Trade: In 2022, South Korea exported $233M to Algeria. The main products that South Korea exported to Algeria were Motor vehicles; parts and accessories (8701 to 8705) ($35.5M), Acrylic Polymers ($16M), and Glands and Other Organs ($10.2M). Over the past 5 years the exports of South Korea to Algeria have decreased at an annualized rate of 30.1%,  from $1.4B in 2017 to $233M in 2022.

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

Comparison: In 2022,  Algeria ranked 95 in the Economic Complexity Index (ECI -0.64), and 55 in total exports ($58.6B). That same year, South Korea ranked 4 in the Economic Complexity Index (ECI 1.78), and 5 in total exports ($705B).