2023
Flag  
GDP
$1.71TCURRENT US$
Rnk 14 / 195
2013-2023
Flag
GDP GROWTH
25%CURRENT US$
Rnk 127 / 195
2023
Flag
 GDP
$46.1BCURRENT US$
Rnk 94 / 195
2013-2023
Flag
GDP GROWTH
36.2%CURRENT US$
Rnk 100 / 195
2023
Flag
GDP PC 
$33,121CURRENT US$
Rnk 41 / 195
2013-2023
Flag
GDP PC GROWTH
21.9%CURRENT US$
Rnk 99 / 195
2023
Flag
GDP PC
$29,219CURRENT US$
Rnk 48 / 196
2013-2023
Flag
GDP PC GROWTH
8.26%CURRENT US$
Rnk 140 / 195

About

South Korea-Bahrain Trade: In 2023, South Korea exported $160M to Bahrain. The main products that South Korea exported to Bahrain were Cars ($47.1M), Pitch Coke ($18.5M), and Iron Pipe Fittings ($7.11M). Over the past 5 years the exports of South Korea to Bahrain have decreased at an annualized rate of 9.98%, from $270M in 2018 to $160M in 2023.

In 2023, South Korea did not export any services to Bahrain.

Bahrain-South Korea Trade: In 2023, Bahrain exported $239M to South Korea. The main products that Bahrain exported to South Korea were Raw Aluminium ($131M), Iron Ore ($48M), and Iron Blocks ($21.6M). Over the past 5 years the exports of Bahrain to South Korea have decreased at an annualized rate of 17.9%,  from $642M in 2018 to $239M in 2023.

In 2023, Bahrain did not export any services to South Korea.

Comparison In 2023,  South Korea ranked 4 in the Economic Complexity Index (ECI 1.85),  and 5 in total exports ($645B). That same year, Bahrain ranked 81 in total exports ($19.9B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, South Korea exported $160M to Bahrain. The main products exported from South Korea to Bahrain were Cars ($47.1M), Pitch Coke ($18.5M), and Iron Pipe Fittings ($7.11M). During the last 5 years the exports of South Korea to Bahrain have decreased at an annualized rate of 9.98%, from $270M in 2018 to $160M in 2023.

In 2018, Bahrain exported $239M to South Korea. The main products exported from Bahrain to South Korea were Raw Aluminium ($131M), Iron Ore ($48M), and Iron Blocks ($21.6M). During the last 5 years the exports of Bahrain to South Korea have decreased at an annualized rate of 17.9%, from $642M in 2023 to $239M in 2018.

Exports from South Korea (Flag) to Bahrain (Flag) (2023)

Exports from Bahrain (Flag) to South Korea (Flag) (2023)

Market Competitiveness

Color
South Korea
Top Destination
China$162B
Bahrain
Top Destination
United Arab Emirates$3.12B

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

In 2023, countries that imported more from South Korea than Bahrain included China ($162B), United States ($118B), and Hong Kong ($28.8B).

In 2023, countries that imported more from Bahrain than South Korea included South Africa ($1.52B), Zimbabwe ($326M), and Algeria ($298M).

Difference in imports from Bahrain (Flag) and South Korea (Flag) (2023)

Comparative Advantage South Korea - Bahrain

Flow
Scale

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

During 2023, South Korea had a large net trade with Bahrain in the exports of Transportation ($51.1M), Machines ($37.3M), and Metals ($23.3M).

During 2018, Bahrain had a large net trade with South Korea in the exports of Metals ($170M), Mineral Products ($48M), and Animal Products ($7.29M).

Economic Complexity

Competitive Landscape

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

Product Space of South Korea (Flag) and Bahrain (Flag) (2023)

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