2022
Flag  
GDP
$47.5BCURRENT US$
Rnk 89 / 186
2012-2022
Flag
GDP GROWTH
50%CURRENT US$
Rnk 61 / 186
2022
Flag
 GDP
$1.67TCURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP GROWTH
30.3%CURRENT US$
Rnk 100 / 186
2022
Flag
GDP PC 
$4,205CURRENT US$
Rnk 119 / 186
2012-2022
Flag
GDP PC GROWTH
-4.15%CURRENT US$
Rnk 152 / 186
2022
Flag
GDP PC
$32,255CURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP PC GROWTH
26.7%CURRENT US$
Rnk 70 / 186

About

Jordan-South Korea Trade: In 2022, Jordan exported $142M to South Korea. The main products that Jordan exported to South Korea were Phenol Derivatives ($72.9M), Scrap Copper ($23.8M), and Non-Iron and Steel Slag, Ash and Residues ($11.5M). Over the past 5 years the exports of Jordan to South Korea have increased at an annualized rate of 13.5%, from $75.3M in 2017 to $142M in 2022.

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

South Korea-Jordan Trade: In 2022, South Korea exported $835M to Jordan. The main products that South Korea exported to Jordan were Cars ($556M), Delivery Trucks ($50.4M), and Motor vehicles; parts and accessories (8701 to 8705) ($23.9M). Over the past 5 years the exports of South Korea to Jordan have increased at an annualized rate of 0.84%,  from $801M in 2017 to $835M in 2022.

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

Comparison: In 2022,  Jordan ranked 63 in the Economic Complexity Index (ECI 0.049), and 85 in total exports ($15.9B). 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, Jordan exported $142M to South Korea. The main products exported from Jordan to South Korea were Phenol Derivatives ($72.9M), Scrap Copper ($23.8M), and Non-Iron and Steel Slag, Ash and Residues ($11.5M). During the last 5 years the exports of Jordan to South Korea have increased at an annualized rate of 13.5%, from $75.3M in 2017 to $142M in 2022.

In 2017, South Korea exported $835M to Jordan. The main products exported from South Korea to Jordan were Cars ($556M), Delivery Trucks ($50.4M), and Motor vehicles; parts and accessories (8701 to 8705) ($23.9M). During the last 5 years the exports of South Korea to Jordan have increased at an annualized rate of 0.84%, from $801M in 2022 to $835M in 2017.

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

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

Latest Data

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

Jordan Exports

South Korea Exports

Market Competitiveness

Color
Jordan
Top Destination
United States$3.28B
South Korea
Top Destination
China$150B

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

In 2022, countries that imported more from Jordan than South Korea included Palestine ($355M), Syria ($147M), and Nepal ($128M).

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

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

Comparative Advantage Jordan - South Korea

Flow
Scale

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

During 2022, Jordan had a large net trade with South Korea in the exports of Chemical Products ($76.9M), Metals ($32.2M), and Mineral Products ($18.8M).

During 2017, South Korea had a large net trade with Jordan in the exports of Transportation ($646M), Chemical Products ($45M), and Plastics and Rubbers ($42.7M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Jordan South Korea+$3.9MPrecious Metal Scraps
Top Product Potential South Korea Jordan+$12.1MMotor vehicles; parts and accessories (8701 to 8705)

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 Jordan and South Korea. This means that a dot/product with the flag of Jordan 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 Jordan.

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

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