Mauritania (MRT) and South Korea (KOR) Trade | The Observatory of Economic Complexity

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Mauritania-South Korea Trade: In 2023, Mauritania exported $20.3M to South Korea. The main products that Mauritania exported to South Korea were Processed Crustaceans ($18.3M), Molluscs ($1.02M), and Non-fillet Frozen Fish ($973k). Over the past 5 years the exports of Mauritania to South Korea have decreased at an annualized rate of 20.8%, from $65.3M in 2018 to $20.3M in 2023.

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

South Korea-Mauritania Trade: In 2023, South Korea exported $3.38M to Mauritania. The main products that South Korea exported to Mauritania were Large Construction Vehicles ($863k), Pulley Systems ($524k), and Cars ($390k). Over the past 5 years the exports of South Korea to Mauritania have decreased at an annualized rate of 23.8%, from $13.1M in 2018 to $3.38M in 2023.

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

Comparison: In 2023, Mauritania ranked 115 in the Economic Complexity Index (ECI -1.13), and 129 in total exports ($4.96B). That same year, South Korea ranked 4 in the Economic Complexity Index (ECI 1.85), and 5 in total exports ($645B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Mauritania exported $20.3M to South Korea. The main products exported from Mauritania to South Korea were Processed Crustaceans ($18.3M), Molluscs ($1.02M), and Non-fillet Frozen Fish ($973k). During the last 5 years the exports of Mauritania to South Korea have decreased at an annualized rate of 20.8%, from $65.3M in 2018 to $20.3M in 2023.

In 2018, South Korea exported $3.38M to Mauritania. The main products exported from South Korea to Mauritania were Large Construction Vehicles ($863k), Pulley Systems ($524k), and Cars ($390k). During the last 5 years the exports of South Korea to Mauritania have decreased at an annualized rate of 23.8%, from $13.1M in 2023 to $3.38M in 2018.

Exports from Mauritania () to South Korea () (2023)

Exports from South Korea () to Mauritania () (2023)

Latest Data

Trade between Mauritania () and South Korea ()

South Korea Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Mauritania
Top DestinationChina$1.22B

South Korea
Top DestinationChina$162B

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

In 2023, countries that imported more from Mauritania than South Korea included Algeria ($332M), Democratic Republic of the Congo ($45.8M), and Mali ($22.7M).

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

Difference in imports from South Korea () and Mauritania () (2023)

Comparative Advantage Mauritania - South Korea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Mauritania had a large net trade with South Korea in the exports of Foodstuffs ($18.3M), Animal Products ($1.99M), and Textiles ($556).

During 2018, South Korea had a large net trade with Mauritania in the exports of Machines ($1.57M), Transportation ($545k), and Plastics and Rubbers ($540k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Mauritania South Korea+$4.15MMolluscs

Top Product Potential South Korea Mauritania+$1.49MCars

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Mauritania () to South Korea () (2023)

Exports from South Korea () to Mauritania () (2023)

Latest Data

Trade between Mauritania () and South Korea ()

South Korea Exports

Market Competitiveness

Difference in imports from South Korea () and Mauritania () (2023)

Comparative Advantage Mauritania - South Korea

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Mauritania () and South Korea () (2023)

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