Uganda (UGA) and South Korea (KOR) Trade | The Observatory of Economic Complexity

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Uganda-South Korea Trade: In 2022, Uganda exported $12.6M to South Korea. The main products that Uganda exported to South Korea were Coffee ($11M), Raw Tobacco ($883k), and Other live plants, cuttings and slips; mushroom spawn ($374k). Over the past 5 years the exports of Uganda to South Korea have increased at an annualized rate of 14.1%, from $6.49M in 2017 to $12.6M in 2022.

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

South Korea-Uganda Trade: In 2022, South Korea exported $27.1M to Uganda. The main products that South Korea exported to Uganda were Packaged Medicaments ($6.63M), Vaccines, blood, antisera, toxins and cultures ($5.75M), and Other Plastic Products ($4.53M). Over the past 5 years the exports of South Korea to Uganda have decreased at an annualized rate of 0.11%, from $27.3M in 2017 to $27.1M in 2022.

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

Comparison: In 2022, Uganda ranked 105 in the Economic Complexity Index (ECI -0.85), and 135 in total exports ($3.99B). That same year, South Korea ranked 4 in the Economic Complexity Index (ECI 1.78), and 5 in total exports ($705B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Uganda exported $12.6M to South Korea. The main products exported from Uganda to South Korea were Coffee ($11M), Raw Tobacco ($883k), and Other live plants, cuttings and slips; mushroom spawn ($374k). During the last 5 years the exports of Uganda to South Korea have increased at an annualized rate of 14.1%, from $6.49M in 2017 to $12.6M in 2022.

In 2017, South Korea exported $27.1M to Uganda. The main products exported from South Korea to Uganda were Packaged Medicaments ($6.63M), Vaccines, blood, antisera, toxins and cultures ($5.75M), and Other Plastic Products ($4.53M). During the last 5 years the exports of South Korea to Uganda have decreased at an annualized rate of 0.11%, from $27.3M in 2022 to $27.1M in 2017.

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

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

Latest Data

Trade between Uganda () and South Korea ()

Uganda Exports

Date

South Korea Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Uganda
Top DestinationUnited Arab Emirates$1.22B

South Korea
Top DestinationChina$150B

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

In 2022, countries that imported more from Uganda than South Korea included Burundi ($71.8M).

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

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

Comparative Advantage Uganda - South Korea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Uganda had a large net trade with South Korea in the exports of Vegetable Products ($11.5M), Foodstuffs ($886k), and Precious Metals ($107k).

During 2017, South Korea had a large net trade with Uganda in the exports of Chemical Products ($12.7M), Plastics and Rubbers ($5.21M), and Machines ($4.09M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Uganda South Korea+$9.06MCoffee

Top Product Potential South Korea Uganda+$4.8MVaccines, blood, antisera, toxins and cultures

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 Uganda and South Korea. This means that a dot/product with the flag of Uganda 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 Uganda.

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Uganda () and South Korea ()

Uganda Exports

South Korea Exports

Market Competitiveness

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

Comparative Advantage Uganda - South Korea

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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