Flag Saudi Arabia / North Korea Flag

Exports Flag β†’ Flag  (2018): $239k, Rnk 159 / 180

Top Product Flag β†’ Flag (2018): $112k, Oxygen Amino Compounds

Exports Flag β†’ Flag (2018): $7.21M, Rnk 4 / 82

Top Product Flag β†’ Flag (2018): $2.66M, Raw Zinc

Economic Complexity of Flag (2018): ECI 0.93, Rnk 27 / 137

Economic Complexity of Flag (2018): ECI -0.27, Rnk 80 / 137

GDP Flag (2018): $787B, CURRENT US$
Rnk 18 / 196

GDP GROWTH Flag (2008-2018): 51.3%, CURRENT US$
Rnk 79 / 196

GDP PC Flag (2018): $23,339, CURRENT US$
Rnk 42 / 196

GDP PC GROWTH Flag (2008-2018): 16.2%, CURRENT US$
Rnk 110 / 196

Saudi Arabia-North Korea: In 2018, Saudi Arabia exported $239k to North Korea. The main products that Saudi Arabia exported to North Korea are Oxygen Amino Compounds ($112k), Ethylene Polymers ($79.6k), and Recovered Paper ($30.3k). During the last 23 years the exports of Saudi Arabia to North Korea have decreased at an annualized rate of 8.93%, from $2.06M in 1995 to $239k in 2018.

In 2018, Saudi Arabia did not exported services to North Korea.

North Korea-Saudi Arabia: In 2018, North Korea exported $7.21M to Saudi Arabia . The main products that North Korea exported to Saudi Arabia were Raw Zinc ($2.66M), Other Nitrogen Compounds ($654k), and Vehicle Parts ($361k). During the last 23 years the exports of Saudi Arabia to North Korea have decreased at an annualized rate of 8.93%, from $2.06M in 1995 to $239k in 2018.

In 2018, North Korea did not exported services to Saudi Arabia.

Comparison: In 2018,  Saudi Arabia ranked 27 in the Economic Complexity Index (ECI 0.93), and 21 in total exports ($263B). That same year, North Korea ranked 80 in the Economic Complexity Index (ECI -0.27), and 167 in total exports ($291M).

Bilateral Trade by Products

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Depth
Value

In 2018, Saudi Arabia exported $239k to North Korea. The main products exported from Saudi Arabia to North Korea were Oxygen Amino Compounds ($112k), Ethylene Polymers ($79.6k), and Recovered Paper ($30.3k). During the last 23 years the exports of Saudi Arabia to North Korea have decreased at an annualized rate of 8.93%, from $2.06M in 1995 to $239k in 2018.

In 2018, North Korea exported $7.21M to Saudi Arabia. The main products exported from North Korea to Saudi Arabia were Raw Zinc ($2.66M), Other Nitrogen Compounds ($654k), and Vehicle Parts ($361k). During the last 23 years the exports of North Korea to Saudi Arabia have decreased at an annualized rate of 7.03%, from $38.5M in 1995 to $7.21M in 2018.

Market Competitiveness

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Measure

Saudi Arabia
Top Destination
: China, $37.5B

North Korea
Top Destination
: China, $182M

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 2018, countries that imported more from Saudi Arabia than North Korea were China ($37.5B), Japan ($29.4B), and India ($26.3B).

In 2018, countries that imported more from North Korea than Saudi Arabia were Suriname ($3.38M), Fiji ($3.3M), and Samoa ($1.51M).

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 2018, Saudi Arabia had a large net trade with North Korea in the exports of Chemical Products ($112k), Plastics and Rubbers ($83.6k), and Paper Goods ($30.3k).

During 2018, North Korea had a large net trade with Saudi Arabia in the exports of Metals ($3.18M), Machines ($1.21M), and Chemical Products ($1.16M).

Trade Forecasts

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This section shows a forecast for total trade between ${linkedName1} and ${linkedName2}. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

Explore Forecasts

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.