South Korea (KOR) and Central African Republic (CAF) Trade | The Observatory of Economic Complexity

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South Korea-Central African Republic Trade: In 2023, South Korea exported $1.51M to Central African Republic. The main products that South Korea exported to Central African Republic were Brochures ($827k), Polyacetals ($259k), and Other Nitrogen Compounds ($171k). Over the past 5 years the exports of South Korea to Central African Republic have decreased at an annualized rate of 9.46%, from $2.49M in 2018 to $1.51M in 2023.

In 2023, South Korea did not export any services to Central African Republic.

Central African Republic-South Korea Trade: In 2023, Central African Republic exported $183k to South Korea. The main products that Central African Republic exported to South Korea were N/A. Over the past 5 years the exports of Central African Republic to South Korea have decreased at an annualized rate of 41.8%, from $2.75M in 2018 to $183k in 2023.

In 2023, Central African Republic 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, Central African Republic ranked 181 in total exports ($229M), and does not have data regarding Economic Complexity Index.

Latest Trends

December, 2024

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Overview In December 2024, South Korea exported $0 and imported $0 from Central African Republic, resulting in a remained the same trade balance of $0. Between December 2023 and December 2024 the exports of South Korea have decreased by $-1k (-100%) from $1k to $0, while imports decreased by $-33k (-100%) from $33k to $0.

Trade In December 2024, the top exports of South Korea to Central African Republic were Perfumery & cosmetics ($1k). In December 2024 the top imports of South Korea from Central African Republic were Perfumery & cosmetics ($0).

Growth In December 2024, the decrease in South Korea's year-by-year exports to Central African Republic was explained primarily by an decrease in product exports in . In December 2024, the decrease in South Korea's year-by-year imports from Central African Republic was explained primarily by an decrease in product imports in .

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, South Korea exported $1.51M to Central African Republic. The main products exported from South Korea to Central African Republic were Brochures ($827k), Polyacetals ($259k), and Other Nitrogen Compounds ($171k). During the last 5 years the exports of South Korea to Central African Republic have decreased at an annualized rate of 9.46%, from $2.49M in 2018 to $1.51M in 2023.

In 2017, Central African Republic exported $183k to South Korea. There were not main exports from Central African Republic to South Korea in 2017. During the last 5 years the exports of Central African Republic to South Korea have decreased at an annualized rate of 41.8%, from $2.75M in 2022 to $183k in 2017.

Exports from South Korea () to Central African Republic () (2023)

Exports from Central African Republic () to South Korea () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

South Korea
Top DestinationChina$162B

Central African Republic
Top DestinationUnited Arab Emirates$123M

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

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

In 2023, countries that imported more from Central African Republic than South Korea included Vietnam ($2.06M), Cameroon ($1.46M), and Republic of the Congo ($359k).

Difference in imports from Central African Republic () and South Korea () (2023)

Comparative Advantage South Korea - Central African Republic

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, South Korea had a large net trade with Central African Republic in the exports of Paper Goods ($827k), Plastics and Rubbers ($275k), and Animal Products ($180k).

During 2017, Central African Republic had a large net trade with South Korea in the exports of .

Economic Complexity

Competitive Landscape

Year

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

About

Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

Exports from South Korea () to Central African Republic () (2023)

Exports from Central African Republic () to South Korea () (2023)

Market Competitiveness

Difference in imports from Central African Republic () and South Korea () (2023)

Comparative Advantage South Korea - Central African Republic

Economic Complexity

Competitive Landscape

Product Space of South Korea () and Central African Republic () (2023)

About

Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

Exports from South Korea () to Central African Republic () (2023)

Exports from Central African Republic () to South Korea () (2023)

Market Competitiveness

Difference in imports from Central African Republic () and South Korea () (2023)

Comparative Advantage South Korea - Central African Republic

Economic Complexity

Competitive Landscape

Product Space of South Korea () and Central African Republic () (2023)

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