South Korea (KOR) and South Sudan (SSD) Trade | The Observatory of Economic Complexity

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South Korea-South Sudan Trade: In 2022, South Korea exported $2.29M to South Sudan. The main products that South Korea exported to South Sudan were Large Construction Vehicles ($1.8M), Brochures ($184k), and Other Plastic Products ($183k). Over the past 5 years the exports of South Korea to South Sudan have increased at an annualized rate of 49.5%, from $307k in 2017 to $2.29M in 2022.

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

South Sudan-South Korea Trade: In 2022, South Sudan exported $722 to South Korea. The main products that South Sudan exported to South Korea were Household Washing Machines ($667), Other Measuring Instruments ($36), and Vaccines, blood, antisera, toxins and cultures ($10). Over the past 5 years the exports of South Sudan to South Korea have decreased at an annualized rate of 33.1%, from $5.39k in 2017 to $722 in 2022.

In 2022, South Sudan 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, South Sudan ranked 168 in total exports ($544M), and does not have data regarding Economic Complexity Index.

Latest Trends

August, 2024

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Overview In August 2024, South Korea exported $322k and imported $0 from South Sudan, resulting in a positive trade balance of $322k. Between August 2023 and August 2024 the exports of South Korea have increased by $193k (150%) from $129k to $322k, while imports remained the same by $0 (N/A%) from $0 to $0.

Trade In August 2024, the top exports of South Korea to South Sudan were Machinery, mechanical appliances, & parts ($235k), Chemical products n.e.s. ($68k), Cars, tractors, trucks & parts thereof. ($18k), and Electrical machinery and electronics ($0). In August 2024 the top imports of South Korea from South Sudan were Chemical products n.e.s. ($0), Machinery, mechanical appliances, & parts ($0), Electrical machinery and electronics ($0), and Cars, tractors, trucks & parts thereof. ($0).

Growth In August 2024, the increase in South Korea's year-by-year exports to South Sudan was explained primarily by an increase in product exports in Machinery, mechanical appliances, & parts ($231k or 5.78k%) and Chemical products n.e.s. ($38k or 127%). In August 2024, the change in South Korea's year-by-year imports from South Sudan was explained primarily by an decrease in product imports in .

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, South Korea exported $2.29M to South Sudan. The main products exported from South Korea to South Sudan were Large Construction Vehicles ($1.8M), Brochures ($184k), and Other Plastic Products ($183k). During the last 5 years the exports of South Korea to South Sudan have increased at an annualized rate of 49.5%, from $307k in 2017 to $2.29M in 2022.

In 2017, South Sudan exported $722 to South Korea. The main products exported from South Sudan to South Korea were Household Washing Machines ($667), Other Measuring Instruments ($36), and Vaccines, blood, antisera, toxins and cultures ($10). During the last 5 years the exports of South Sudan to South Korea have decreased at an annualized rate of 33.1%, from $5.39k in 2022 to $722 in 2017.

Exports from South Korea () to South Sudan () (2022)

Exports from South Sudan () to South Korea () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

South Korea
Top DestinationChina$150B

South Sudan
Top DestinationChina$237M

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

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

In 2022, no countries were registered that imported more from South Sudan than from South Korea.

Difference in imports from South Sudan () and South Korea () (2022)

Comparative Advantage South Korea - South Sudan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, South Korea had a large net trade with South Sudan in the exports of Machines ($1.89M), Paper Goods ($184k), and Plastics and Rubbers ($183k).

During 2017, South Sudan had a large net trade with South Korea in the exports of Machines ($667), Instruments ($36), and Chemical Products ($10).

Economic Complexity

Competitive Landscape

Year

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

About

Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

Exports from South Korea () to South Sudan () (2022)

Exports from South Sudan () to South Korea () (2022)

Market Competitiveness

Difference in imports from South Sudan () and South Korea () (2022)

Comparative Advantage South Korea - South Sudan

Economic Complexity

Competitive Landscape

Product Space of South Korea () and South Sudan () (2022)

About

Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

Exports from South Korea () to South Sudan () (2022)

Exports from South Sudan () to South Korea () (2022)

Market Competitiveness

Difference in imports from South Sudan () and South Korea () (2022)

Comparative Advantage South Korea - South Sudan

Economic Complexity

Competitive Landscape

Product Space of South Korea () and South Sudan () (2022)

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