South Korea-Iran: In 2018, South Korea exported $2.29B to Iran. The main products exported from South Korea to Iran were Vehicle Parts ($429M), Polyacetals ($107M), and Cars ($80.5M). During the last 23 years the exports of South Korea to Iran have increased at an annualized rate of 8.49%,
from $352M in 1995 to $2.29B in 2018. In 2005, South Korea exported
services to Iran worth
$404M, with Services not allocated ($263M), Transportation ($121M), and Other business services ($10.7M) being the largest in terms of value.
Iran-South Korea: In 2018, Iran exported $3.64B to South Korea. The main products exported from Iran to South Korea were Crude Petroleum ($3.49B), Scrap Copper ($28.9M), and Nitrogenous Fertilizers ($23.5M). During the last 23 years the exports of Iran to South Korea have increased at an annualized rate of 5.32%,
from $1.11B in 1995 to $3.64B in 2018.
Comparison: In 2018, South Korea ranked 5 in the Economic Complexity Index (ECI 1.85),
and 5 in total exports ($617B).
That same year, Iran ranked 67 in the Economic Complexity Index (ECI -0.046), and
48 in total exports ($62.6B). In terms of GDP Per Capita, South Korea was ranked 34 with a GDP Per Capita of $31,363, while
Iran has no data regarding GDP Per Capita in 2018.