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2022
Flag → Flag
Exports $39.2MRnk 138 / 220
2022
Flag → Flag
Top Product $8.51MCars
2022
Flag → Flag
Exports $25kRnk 47 / 78
2022
Flag → Flag
Top Product $20.8kExcavation Machinery
2022
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Economic Complexity (ECI) ECI 1.78Rnk 4 / 133
2022
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GDP$1.67TCURRENT US$
Rnk 13 / 186
2012-2022
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GDP GROWTH30.3%CURRENT US$
Rnk 100 / 186
2022
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 GDP$3.52BCURRENT US$
Rnk 158 / 186
2012-2022
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GDP GROWTH160%CURRENT US$
Rnk 6 / 186
2022
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GDP PC $32,255CURRENT US$
Rnk 33 / 186
2012-2022
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GDP PC GROWTH26.7%CURRENT US$
Rnk 70 / 186
2022
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GDP PC$3,136CURRENT US$
Rnk 131 / 186
2012-2022
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GDP PC GROWTH121%CURRENT US$
Rnk 5 / 186

About

South Korea-Djibouti Trade: In 2022, South Korea exported $39.2M to Djibouti. The main products that South Korea exported to Djibouti were Cars ($8.51M), Polyacetals ($4.07M), and Propylene Polymers ($3.39M). Over the past 5 years the exports of South Korea to Djibouti have decreased at an annualized rate of 14%, from $83.2M in 2017 to $39.2M in 2022.

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

Djibouti-South Korea Trade: In 2022, Djibouti exported $25k to South Korea. The main products that Djibouti exported to South Korea were Excavation Machinery ($20.8k), Machinery Having Individual Functions ($2.1k), and Therapeutic Appliances ($1.1k). Over the past 5 years the exports of Djibouti to South Korea have decreased at an annualized rate of 32.3%,  from $260k in 2017 to $25k in 2022.

In 2022, Djibouti 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, Djibouti ranked 169 in total exports ($542M), and does not have data regarding Economic Complexity Index.

Latest Trends

September, 2024

About

Overview In September 2024, South Korea exported $1.78M and imported $4k from Djibouti, resulting in a positive trade balance of $1.77M. Between September 2023 and September 2024 the exports of South Korea have decreased by $-1.01M (-36.2%) from $2.78M to $1.78M, while imports increased by $4k (N/A%) from $0 to $4k.

Trade In September 2024, the top exports of South Korea to Djibouti were Plastics & articles thereof ($1.32M), Organic chemicals ($522k), Electrical machinery and electronics ($223k), Cars, tractors, trucks & parts thereof. ($163k), and Machinery, mechanical appliances, & parts ($138k). In September 2024 the top imports of South Korea from Djibouti were Organic chemicals ($0), Pharmaceutical products ($0), Plastics & articles thereof ($0), Machinery, mechanical appliances, & parts ($0), and Electrical machinery and electronics ($0).

Growth In September 2024, the decrease in South Korea's year-by-year exports to Djibouti was explained primarily by an decrease in product exports in Cars, tractors, trucks & parts thereof. ($-3.34M or -95.4%), Machinery, mechanical appliances, & parts ($-555k or -80.1%), and Electrical machinery and electronics ($-262k or -54%). In September 2024, the increase in South Korea's year-by-year imports  from Djibouti was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (September 2023 - September 2024)$-1.01M(-36.2%)
IMPORT GROWTH (September 2023 - September 2024)$4k(N/A%)

This section shows exports and imports data at subnational level for South Korea. Click any date in the line plot or any product to explore the exports or imports behavior of South Korea over time.

To check Djibouti and South Korea trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Djibouti and South Korea Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Korea exported $39.2M to Djibouti. The main products exported from South Korea to Djibouti were Cars ($8.51M), Polyacetals ($4.07M), and Propylene Polymers ($3.39M). During the last 5 years the exports of South Korea to Djibouti have decreased at an annualized rate of 14%, from $83.2M in 2017 to $39.2M in 2022.

In 2017, Djibouti exported $25k to South Korea. The main products exported from Djibouti to South Korea were Excavation Machinery ($20.8k), Machinery Having Individual Functions ($2.1k), and Therapeutic Appliances ($1.1k). During the last 5 years the exports of Djibouti to South Korea have decreased at an annualized rate of 32.3%, from $260k in 2022 to $25k in 2017.

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

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

Market Competitiveness

Color
South Korea
Top DestinationChina$150B
Djibouti
Top DestinationEthiopia$333M

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

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

In 2022, countries that imported more from Djibouti than South Korea included Ethiopia ($333M).

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

Comparative Advantage South Korea - Djibouti

Flow
Scale

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

During 2022, South Korea had a large net trade with Djibouti in the exports of Plastics and Rubbers ($12.3M), Transportation ($12.3M), and Machines ($7.5M).

During 2017, Djibouti had a large net trade with South Korea in the exports of Machines ($22.9k), Instruments ($1.1k), and Miscellaneous ($953).

Economic Complexity

Competitive Landscape

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

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

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