Flag Saudi Arabia / North Korea Flag

2019
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Exports
: $101k, Rnk 167 / 179

2019
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Top Product
: $101k, Scrap Copper

2019
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Exports
: $3.96M, Rnk 8 / 92

2019
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Top Product
: $425k, Spark-Ignition Engines

2019
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Economic Complexity (ECI)
: ECI 1, Rnk 33 / 157

2019
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Economic Complexity (ECI)
: ECI 0.32, Rnk 55 / 157

2019
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GDP
: $793B, CURRENT US$
Rnk 18 / 187

2009-2019
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GDP GROWTH
: 84.8%, CURRENT US$
Rnk 40 / 187

2019
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GDP PC 
: $23,140, CURRENT US$
Rnk 43 / 187

2009-2019
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GDP PC GROWTH
: 43.6%, CURRENT US$
Rnk 68 / 187

Saudi Arabia-North Korea: In 2019, Saudi Arabia exported $101k to North Korea. The main products that Saudi Arabia exported to North Korea are Scrap Copper ($101k). During the last 24 years the exports of Saudi Arabia to North Korea have decreased at an annualized rate of 11.8%, from $2.06M in 1995 to $101k in 2019.

In 2019, Saudi Arabia did not exported services to North Korea.

North Korea-Saudi Arabia: In 2019, North Korea exported $3.96M to Saudi Arabia . The main products that North Korea exported to Saudi Arabia were Spark-Ignition Engines ($425k), Valves ($367k), and Liquid Dispersing Machines ($331k). During the last 24 years the exports of North Korea to Saudi Arabia have decreased at an annualized rate of 9%, from $38.2M in 1995 to $3.96M in 2019.

In 2019, North Korea did not exported services to Saudi Arabia.

Comparison: In 2019,  Saudi Arabia ranked 33 in the Economic Complexity Index (ECI 1), and 26 in total exports ($228B). That same year, North Korea ranked 55 in the Economic Complexity Index (ECI 0.32), and 172 in total exports ($308M).

Bilateral Trade by Products

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Depth
Value

In 2019, Saudi Arabia exported $101k to North Korea. The main products exported from Saudi Arabia to North Korea were Scrap Copper ($101k). During the last 24 years the exports of Saudi Arabia to North Korea have decreased at an annualized rate of 11.8%, from $2.06M in 1995 to $101k in 2019.

In 2019, North Korea exported $3.96M to Saudi Arabia. The main products exported from North Korea to Saudi Arabia were Spark-Ignition Engines ($425k), Valves ($367k), and Liquid Dispersing Machines ($331k). During the last 24 years the exports of North Korea to Saudi Arabia have decreased at an annualized rate of 9%, from $38.2M in 1995 to $3.96M in 2019.

Market Competitiveness

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Measure

Saudi Arabia
Top Destination
: China, $45.8B

North Korea
Top Destination
: China, $207M

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 2019, countries that imported more from Saudi Arabia than North Korea were China ($45.8B), India ($25.1B), and Japan ($24.5B).

In 2019, countries that imported more from North Korea than Saudi Arabia were Suriname ($19.8M), Fiji ($7.13M), and Costa Rica ($7.47M).

Comparative Advantage Saudi Arabia - North Korea

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Depth

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

During 2019, Saudi Arabia had a large net trade with North Korea in the exports of Metals ($101k).

During 2019, North Korea had a large net trade with Saudi Arabia in the exports of Machines ($1.88M), Plastics and Rubbers ($599k), and Metals ($422k).

Economic Complexity

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Competitive Landscape

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