2022
Flag  
GDP
$1.11TCURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP GROWTH
49.4%CURRENT US$
Rnk 62 / 186
2022
Flag
GDP PC 
$30,436CURRENT US$
Rnk 37 / 186
2012-2022
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GDP PC GROWTH
26.5%CURRENT US$
Rnk 71 / 186

About

Saudi Arabia-North Korea Trade: In 2021, Saudi Arabia exported $2.51k to North Korea. The main products that Saudi Arabia exported to North Korea were N/A. Over the past 5 years the exports of Saudi Arabia to North Korea have decreased at an annualized rate of 73.6%, from $1.96M in 2016 to $2.51k in 2021.

In 2021, Saudi Arabia did not export any services to North Korea.

North Korea-Saudi Arabia Trade: In 2021, North Korea exported $383k to Saudi Arabia. The main products that North Korea exported to Saudi Arabia were N/A. Over the past 5 years the exports of North Korea to Saudi Arabia have decreased at an annualized rate of 36.4%,  from $22.4M in 2016 to $383k in 2021.

In 2021, North Korea did not export any services to Saudi Arabia.

Comparison In 2022,  Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78),  and 23 in total exports ($362B). That same year, North Korea ranked 182 in total exports ($248M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Saudi Arabia exported $2.51k to North Korea. There were not main exports from Saudi Arabia to North Korea in 2021. During the last 5 years the exports of Saudi Arabia to North Korea have decreased at an annualized rate of 73.6%, from $1.96M in 2016 to $2.51k in 2021.

In 2015, North Korea exported $383k to Saudi Arabia. There were not main exports from North Korea to Saudi Arabia in 2015. During the last 5 years the exports of North Korea to Saudi Arabia have decreased at an annualized rate of 36.4%, from $22.4M in 2020 to $383k in 2015.

Exports from Saudi Arabia (Flag) to North Korea (Flag) (2021)

Exports from North Korea (Flag) to Saudi Arabia (Flag) (2021)

Market Competitiveness

Color
Saudi Arabia
Top Destination
China$68B
North Korea
Top Destination
China$131M

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

In 2022, countries that imported more from Saudi Arabia than North Korea included China ($68B), India ($46.2B), and Japan ($36.5B).

In 2022, countries that imported more from North Korea than Saudi Arabia included Suriname ($4.51M), Barbados ($1.74M), and Niger ($3.45M).

Difference in imports from North Korea (Flag) and Saudi Arabia (Flag) (2022)

Comparative Advantage Saudi Arabia - North Korea

Flow
Scale

This chart compares trade between Saudi Arabia and North Korea by product, considering products traded by both, Saudi Arabia and North Korea.

During 2021, Saudi Arabia had a large net trade with North Korea in the exports of .

During 2015, North Korea had a large net trade with Saudi Arabia in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Saudi Arabia (Flag) and North Korea (Flag) (2021)

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