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2022
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Exports $1.32BRnk 48 / 220
2022
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Top Product $261MCars
2022
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Exports $473MRnk 18 / 199
2022
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Top Product $204MRefined Petroleum
2022
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Economic Complexity (ECI) ECI 1.71Rnk 4 / 124
2022
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Economic Complexity (ECI) ECI -0.54Rnk 85 / 124
2022
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GDP$1.67TCURRENT US$
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2012-2022
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GDP GROWTH30.3%CURRENT US$
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2022
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 GDP$377BCURRENT US$
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2012-2022
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GDP GROWTH67.8%CURRENT US$
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2022
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GDP PC $32,255CURRENT US$
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2012-2022
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GDP PC GROWTH26.7%CURRENT US$
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2022
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GDP PC$1,597CURRENT US$
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2012-2022
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GDP PC GROWTH43.9%CURRENT US$
Rnk 43 / 186

About

South Korea-Pakistan In 2022, South Korea exported $1.32B to Pakistan. The main products that South Korea exported to Pakistan are Cars ($261M), Motor vehicles; parts and accessories (8701 to 8705) ($137M), and Refined Petroleum ($105M). During the last 27 years the exports of South Korea to Pakistan have increased at an annualized rate of 4.93%, from $358M in 1995 to $1.32B in 2022.

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

Pakistan-South Korea In 2022, Pakistan exported $473M to South Korea. The main products that Pakistan exported to South Korea were Refined Petroleum ($204M), Light Pure Woven Cotton ($30.5M), and Non-Retail Pure Cotton Yarn ($27.7M). During the last 27 years the exports of Pakistan to South Korea have increased at an annualized rate of 2.16%, from $266M in 1995 to $473M in 2022.

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

Comparison In 2022,  South Korea ranked 4 in the Economic Complexity Index (ECI 1.71), and 5 in total exports ($705B). That same year, Pakistan ranked 85 in the Economic Complexity Index (ECI -0.54), and 66 in total exports ($38.6B).

Latest Trends

February, 2024

About

Overview In February 2024, South Korea exported $92.3M and imported $29.5M from Pakistan, resulting in a positive trade balance of $62.7M. Between February 2023 and February 2024 the exports of South Korea have increased by $26.2M (39.7%) from $66M to $92.3M, while imports increased by $16.8M (133%) from $12.7M to $29.5M.

Trade In February 2024, the top exports of South Korea to Pakistan were Mineral fuels, mineral oils and products... ($9.24M), Plastics & articles thereof ($5.67M), Paints, dyes, & varnishes ($3.52M), Aluminum articles ($3.46M), and Cars, tractors, trucks & parts thereof. ($2.72M). In February 2024 the top imports of South Korea from Pakistan were Knitted clothing accesories ($6.25M), Cotton ($3.27M), Salt, sulphur, cement, lime, stone, &... ($1.62M), Fish, crustaceans, & molluscs ($1.48M), and Non-knitted clothing accesories ($1.16M).

Growth In February 2024, the increase in South Korea's year-by-year exports to Pakistan was explained primarily by an increase in product exports in Mineral fuels, mineral oils and products... ($4.39M or 90.7%), Aluminum articles ($2.79M or 422%), and Wood pulp & paper scrap ($694k or 807%). In February 2024, the increase in South Korea's year-by-year imports  from Pakistan was explained primarily by an increase in product imports  in Knitted clothing accesories ($2.44M or 63.9%), Salt, sulphur, cement, lime, stone, &... ($783k or 93.7%), and Fish, crustaceans, & molluscs ($616k or 71.7%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (February 2023 - February 2024)$26.2M(39.7%)
IMPORT GROWTH (February 2023 - February 2024)$16.8M(133%)

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

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Korea exported $1.32B to Pakistan. The main products exported from South Korea to Pakistan were Cars ($261M), Motor vehicles; parts and accessories (8701 to 8705) ($137M), and Refined Petroleum ($105M). During the last 27 years the exports of South Korea to Pakistan have increased at an annualized rate of 4.93%, from $358M in 1995 to $1.32B in 2022.

In 2022, Pakistan exported $473M to South Korea. The main products exported from Pakistan to South Korea were Refined Petroleum ($204M), Light Pure Woven Cotton ($30.5M), and Non-Retail Pure Cotton Yarn ($27.7M). During the last 27 years the exports of Pakistan to South Korea have increased at an annualized rate of 2.16%, from $266M in 1995 to $473M in 2022.

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

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

Market Competitiveness

Color
South Korea
Top DestinationChina$150B
Pakistan
Top DestinationUnited States$6.47B

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

In 2021, countries that imported more from South Korea than Pakistan were China ($150B), United States ($112B), and Vietnam ($60.7B).

In 2021, countries that imported more from Pakistan than South Korea were Afghanistan ($975M), Sri Lanka ($417M), and Madagascar ($153M).

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

Comparative Advantage South Korea - Pakistan

Flow
Scale

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

During 2022, South Korea had a large net trade with Pakistan in the exports of Transportation ($420M), Chemical Products ($256M), and Plastics and Rubbers ($146M).

During 2022, Pakistan had a large net trade with South Korea in the exports of Mineral Products ($234M), Textiles ($131M), and Vegetable Products ($28.5M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more South Korea has comparative advantage over Pakistan. Similarly, the more yellow a dot/product is, the more Pakistan has comparative advantage over South Korea.

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

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