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Pricing

2022
Flag → Flag
Exports $13.8MRnk 162 / 220
2022
Flag → Flag
Top Product $2.55MTwine, cordage or rope; knotted netting, made up fishing nets and other made up nets, of textile materials
2022
Flag → Flag
Exports $35.7MRnk 18 / 140
2022
Flag → Flag
Top Product $27.9MProcessed Crustaceans
2022
Flag
Economic Complexity (ECI) ECI 1.78Rnk 4 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.28Rnk 121 / 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$10.4BCURRENT US$
Rnk 145 / 186
2012-2022
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GDP GROWTH54.2%CURRENT US$
Rnk 53 / 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$2,191CURRENT US$
Rnk 145 / 186
2012-2022
Flag
GDP PC GROWTH18.4%CURRENT US$
Rnk 93 / 186

About

South Korea-Mauritania Trade: In 2022, South Korea exported $13.8M to Mauritania. The main products that South Korea exported to Mauritania were Twine, cordage or rope; knotted netting, made up fishing nets and other made up nets, of textile materials ($2.55M), Twine and Rope ($1.92M), and Ethylene Polymers ($1.7M). Over the past 5 years the exports of South Korea to Mauritania have decreased at an annualized rate of 53.6%, from $642M in 2017 to $13.8M in 2022.

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

Mauritania-South Korea Trade: In 2022, Mauritania exported $35.7M to South Korea. The main products that Mauritania exported to South Korea were Processed Crustaceans ($27.9M), Non-fillet Frozen Fish ($3.3M), and Scrap Copper ($2.9M). Over the past 5 years the exports of Mauritania to South Korea have decreased at an annualized rate of 2.71%,  from $40.9M in 2017 to $35.7M in 2022.

In 2022, Mauritania 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, Mauritania ranked 121 in the Economic Complexity Index (ECI -1.28), and 126 in total exports ($4.9B).

Latest Trends

August, 2024

About

Overview In August 2024, South Korea exported $948k and imported $2.11M from Mauritania, resulting in a negative trade balance of $1.16M. Between August 2023 and August 2024 the exports of South Korea have increased by $471k (98.7%) from $477k to $948k, while imports increased by $1.53M (266%) from $575k to $2.11M.

Trade In August 2024, the top exports of South Korea to Mauritania were Wadding, felt, nonwovens, twin, ropes, &... ($202k), Rubber & articles thereof ($114k), Pharmaceutical products ($79k), Cars, tractors, trucks & parts thereof. ($76k), and Plastics & articles thereof ($61k). In August 2024 the top imports of South Korea from Mauritania were Fish, crustaceans, & molluscs ($2.65M), Copper articles ($142k), Aluminum articles ($28k), Beverages, spirits, & vinegar ($0), and Pharmaceutical products ($0).

Growth In August 2024, the increase in South Korea's year-by-year exports to Mauritania was explained primarily by an increase in product exports in Optical, photo, & film equipment; medical... ($22k or 183%). In August 2024, the increase in South Korea's year-by-year imports  from Mauritania was explained primarily by an increase in product imports  in Fish, crustaceans, & molluscs ($549k or 26.1%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)$471k(98.7%)
IMPORT GROWTH (August 2023 - August 2024)$1.53M(266%)

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

For full datasets download visit Bulk Download page.

Explore Mauritania and South Korea Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Korea exported $13.8M to Mauritania. The main products exported from South Korea to Mauritania were Twine, cordage or rope; knotted netting, made up fishing nets and other made up nets, of textile materials ($2.55M), Twine and Rope ($1.92M), and Ethylene Polymers ($1.7M). During the last 5 years the exports of South Korea to Mauritania have decreased at an annualized rate of 53.6%, from $642M in 2017 to $13.8M in 2022.

In 2017, Mauritania exported $35.7M to South Korea. The main products exported from Mauritania to South Korea were Processed Crustaceans ($27.9M), Non-fillet Frozen Fish ($3.3M), and Scrap Copper ($2.9M). During the last 5 years the exports of Mauritania to South Korea have decreased at an annualized rate of 2.71%, from $40.9M in 2022 to $35.7M in 2017.

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

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

Market Competitiveness

Color
South Korea
Top DestinationChina$150B
Mauritania
Top DestinationChina$1.17B

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

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

In 2022, countries that imported more from Mauritania than South Korea included Eswatini ($56.3M) and Mali ($22.6M).

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

Comparative Advantage South Korea - Mauritania

Flow
Scale

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

During 2022, South Korea had a large net trade with Mauritania in the exports of Textiles ($4.56M), Plastics and Rubbers ($4.18M), and Chemical Products ($1.71M).

During 2017, Mauritania had a large net trade with South Korea in the exports of Foodstuffs ($28.5M), Animal Products ($4.12M), and Metals ($2.96M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential South Korea Mauritania+$1.49MCars
Top Product Potential Mauritania South Korea+$4.15MMolluscs

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 Mauritania. This means that a dot/product with the flag of South Korea indicates it has a comparative advantage over Mauritania. Similarly, a dot/product with the flag of Mauritania indicates it has a comparative advantage over South Korea.

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

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