South Korea / Democratic Republic of the Congo

Overview In February 2024, South Korea exported $3.87M and imported $41.6M from Democratic Republic of the Congo, resulting in a negative trade balance of $37.7M. Between February 2023 and February 2024 the exports of South Korea have decreased by $-8.18M (-67.9%) from $12M to $3.87M, while imports increased by $6.33M (17.9%) from $35.3M to $41.6M.

Trade In February 2024, the top exports of South Korea to Democratic Republic of the Congo were Machinery, mechanical appliances, & parts ($22.8M), Plastics & articles thereof ($4.52M), Electrical machinery and electronics ($2.8M), Cars, tractors, trucks & parts thereof. ($804k), and Pharmaceutical products ($562k). In February 2024 the top imports of South Korea from Democratic Republic of the Congo were Copper articles ($39.5M), Cermet articles ($5.93M), Fish, crustaceans, & molluscs ($0), Pharmaceutical products ($0), and Perfumery & cosmetics ($0).

Growth In February 2024, the decrease in South Korea's year-by-year exports to Democratic Republic of the Congo was explained primarily by an decrease in product exports in Pharmaceutical products ($-2.54M or -81.9%), Chemical products n.e.s. ($-630k or -79.6%), and Cars, tractors, trucks & parts thereof. ($-456k or -36.2%). In February 2024, the increase in South Korea's year-by-year imports  from Democratic Republic of the Congo was explained primarily by an increase in product imports  in Cermet articles ($3.89M or 190%).