2022
Flag  
GDP
$1.67TCURRENT US$
Rnk 13 / 186
2012-2022
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GDP GROWTH
30.3%CURRENT US$
Rnk 100 / 186
2022
Flag
 GDP
$2.38BCURRENT US$
Rnk 164 / 186
2012-2022
Flag
GDP GROWTH
-5.08%CURRENT US$
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2022
Flag
GDP PC 
$32,255CURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP PC GROWTH
26.7%CURRENT US$
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2022
Flag
GDP PC
$427CURRENT US$
Rnk 185 / 186
2012-2022
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GDP PC GROWTH
-18.8%CURRENT US$
Rnk 171 / 186

About

South Korea-Central African Republic Trade: In 2022, South Korea exported $47.1M to Central African Republic. The main products that South Korea exported to Central African Republic were Refined Petroleum ($44.1M), Semiconductor Devices ($1.24M), and Brochures ($350k). Over the past 5 years the exports of South Korea to Central African Republic have increased at an annualized rate of 113%, from $1.07M in 2017 to $47.1M in 2022.

In 2022, South Korea did not export any services to Central African Republic.

Central African Republic-South Korea Trade: In 2022, Central African Republic exported $157k to South Korea. The main products that Central African Republic exported to South Korea were Rough Wood ($155k), Non-Knit Active Wear ($1.47k), and Other Pure Vegetable Oils ($777). Over the past 5 years the exports of Central African Republic to South Korea have decreased at an annualized rate of 43%,  from $2.61M in 2017 to $157k in 2022.

In 2022, Central African Republic did not export any services to South Korea.

Comparison In 2022,  South Korea ranked 4 in the Economic Complexity Index (ECI 1.78),  and 5 in total exports ($705B). That same year, Central African Republic ranked 183 in total exports ($231M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Korea exported $47.1M to Central African Republic. The main products exported from South Korea to Central African Republic were Refined Petroleum ($44.1M), Semiconductor Devices ($1.24M), and Brochures ($350k). During the last 5 years the exports of South Korea to Central African Republic have increased at an annualized rate of 113%, from $1.07M in 2017 to $47.1M in 2022.

In 2017, Central African Republic exported $157k to South Korea. The main products exported from Central African Republic to South Korea were Rough Wood ($155k), Non-Knit Active Wear ($1.47k), and Other Pure Vegetable Oils ($777). During the last 5 years the exports of Central African Republic to South Korea have decreased at an annualized rate of 43%, from $2.61M in 2022 to $157k in 2017.

Exports from South Korea (Flag) to Central African Republic (Flag) (2022)

Exports from Central African Republic (Flag) to South Korea (Flag) (2022)

Market Competitiveness

Color
South Korea
Top Destination
China$150B

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

In 2022, countries that imported more from Central African Republic than South Korea included Chad ($1.18M).

Difference in imports from Central African Republic (Flag) and South Korea (Flag) (2022)

Comparative Advantage South Korea - Central African Republic

Flow
Scale

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 2022, South Korea had a large net trade with Central African Republic in the exports of Mineral Products ($44.1M), Machines ($1.69M), and Paper Goods ($370k).

During 2017, Central African Republic had a large net trade with South Korea in the exports of Wood Products ($155k), Textiles ($1.47k), and Animal and Vegetable Bi-Products ($875).

Economic Complexity

Competitive Landscape

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.

Product Space of South Korea (Flag) and Central African Republic (Flag) (2022)

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