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2023
Flag → Flag
Exports $552MRnk 58 / 142
2023
Flag → Flag
Top Product $342MCars
2023
Flag → Flag
Exports $39.8MRnk 41 / 166
2023
Flag → Flag
Top Product $13MChlorides
2023
Flag
Economic Complexity (ECI) ECI 1.85Rnk 4 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.015Rnk 64 / 132
2023
Flag  
GDP$1.71TCURRENT US$
Rnk 14 / 195
2013-2023
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GDP GROWTH25%CURRENT US$
Rnk 127 / 195
2023
Flag
 GDP$51BCURRENT US$
Rnk 90 / 195
2013-2023
Flag
GDP GROWTH47.9%CURRENT US$
Rnk 78 / 195
2023
Flag
GDP PC $33,121CURRENT US$
Rnk 41 / 195
2013-2023
Flag
GDP PC GROWTH21.9%CURRENT US$
Rnk 99 / 195
2023
Flag
GDP PC$4,456CURRENT US$
Rnk 126 / 196
2013-2023
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GDP PC GROWTH3.35%CURRENT US$
Rnk 148 / 195

About

South Korea-Jordan Trade: In 2023, South Korea exported $552M to Jordan. The main products that South Korea exported to Jordan were Cars ($342M), Delivery Trucks ($38.8M), and Motor vehicles; parts and accessories (8701 to 8705) ($24.9M). Over the past 5 years the exports of South Korea to Jordan have decreased at an annualized rate of 2.85%, from $638M in 2018 to $552M in 2023.

In 2023, South Korea did not export any services to Jordan.

Jordan-South Korea Trade: In 2023, Jordan exported $39.8M to South Korea. The main products that Jordan exported to South Korea were Chlorides ($13M), Scrap Copper ($12.8M), and Scrap Aluminium ($7.45M). Over the past 5 years the exports of Jordan to South Korea have decreased at an annualized rate of 6.31%,  from $55.1M in 2018 to $39.8M in 2023.

In 2023, Jordan 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, Jordan ranked 64 in the Economic Complexity Index (ECI -0.015), and 88 in total exports ($14.7B).

Latest Trends

December, 2024

About

Overview In December 2024, South Korea exported $53.6M and imported $4.13M from Jordan, resulting in a positive trade balance of $49.4M. Between December 2023 and December 2024 the exports of South Korea have decreased by $-782k (-1.44%) from $54.4M to $53.6M, while imports increased by $60k (1.48%) from $4.07M to $4.13M.

Trade In December 2024, the top exports of South Korea to Jordan were Cars, tractors, trucks & parts thereof. ($41.7M), Organic chemicals ($4.94M), Knitted fabrics ($1.25M), Machinery, mechanical appliances, & parts ($1M), and Pharmaceutical products ($548k). In December 2024 the top imports of South Korea from Jordan were Aluminum articles ($962k), Organic chemicals ($904k), Copper articles ($571k), Knitted clothing accesories ($307k), and Precious stones, metals, & pearls ($191k).

Growth In December 2024, the decrease in South Korea's year-by-year exports to Jordan was explained primarily by an decrease in product exports in Pharmaceutical products ($-4.79M or -89.7%), Machinery, mechanical appliances, & parts ($-1.42M or -58.6%), and Electrical machinery and electronics ($-351k or -65.9%). In December 2024, the increase in South Korea's year-by-year imports  from Jordan was explained primarily by an increase in product imports  in Copper articles ($178k or 45.3%), Aluminum articles ($43k or 4.68%), and Non-knitted clothing accesories ($14k or 17.7%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)$-782k(-1.44%)
IMPORT GROWTH (December 2023 - December 2024)$60k(1.48%)

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 Jordan and South Korea trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Jordan and South Korea Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, South Korea exported $552M to Jordan. The main products exported from South Korea to Jordan were Cars ($342M), Delivery Trucks ($38.8M), and Motor vehicles; parts and accessories (8701 to 8705) ($24.9M). During the last 5 years the exports of South Korea to Jordan have decreased at an annualized rate of 2.85%, from $638M in 2018 to $552M in 2023.

In 2018, Jordan exported $39.8M to South Korea. The main products exported from Jordan to South Korea were Chlorides ($13M), Scrap Copper ($12.8M), and Scrap Aluminium ($7.45M). During the last 5 years the exports of Jordan to South Korea have decreased at an annualized rate of 6.31%, from $55.1M in 2023 to $39.8M in 2018.

Exports from South Korea (Flag) to Jordan (Flag) (2023)

Exports from Jordan (Flag) to South Korea (Flag) (2023)

Market Competitiveness

Color
South Korea
Top DestinationChina$162B
Jordan
Top DestinationUnited States$3.14B

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

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

In 2023, countries that imported more from Jordan than South Korea included Iraq ($946M), Palestine ($338M), and Algeria ($132M).

Difference in imports from Jordan (Flag) and South Korea (Flag) (2023)

Comparative Advantage South Korea - Jordan

Flow
Scale

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

During 2023, South Korea had a large net trade with Jordan in the exports of Transportation ($409M), Machines ($56.4M), and Plastics and Rubbers ($24.6M).

During 2018, Jordan had a large net trade with South Korea in the exports of Metals ($20.4M), Chemical Products ($13.6M), and Textiles ($3.94M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential South Korea Jordan+$12.1MMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential Jordan South Korea+$3.9MPrecious Metal Scraps

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

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

Product Space of South Korea (Flag) and Jordan (Flag) (2023)

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