South Korea / Saudi Arabia

South Korea-Saudi Arabia: In 2018, South Korea exported $4.24B to Saudi Arabia. The main products exported from South Korea to Saudi Arabia were Cars ($1.17B), Passenger and Cargo Ships ($366M), and Rubber Tires ($148M). During the last 23 years the exports of South Korea to Saudi Arabia have increased at an annualized rate of 5.63%, from $1.2B in 1995 to $4.24B in 2018. In 2005, South Korea exported services to Saudi Arabia worth $681M, with Services not allocated ($541M), Transportation ($121M), and Other business services ($14.5M) being the largest in terms of value.

Saudi Arabia-South Korea: In 2018, Saudi Arabia exported $23.5B to South Korea. The main products exported from Saudi Arabia to South Korea were Crude Petroleum ($20.7B), Refined Petroleum ($1.34B), and Acyclic Alcohols ($359M). During the last 23 years the exports of Saudi Arabia to South Korea have increased at an annualized rate of 7.13%, from $4.82B in 1995 to $23.5B 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, Saudi Arabia ranked 27 in the Economic Complexity Index (ECI 0.93), and 21 in total exports ($263B). In terms of GDP Per Capita, South Korea was ranked 34 with a GDP Per Capita of $31,363, and Saudi Arabia was ranked 42 with a GDP Per Capita of $23,339.