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Pricing

2022
Flag → Flag
Exports $7.74MRnk 24 / 109
2022
Flag → Flag
Top Product $3.57MScrap Copper
2022
Flag → Flag
Exports $26.5MRnk 149 / 220
2022
Flag → Flag
Top Product $6.03MPropylene Polymers
2022
Flag
Economic Complexity (ECI) ECI -1.42Rnk 124 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.78Rnk 4 / 133
2022
Flag  
GDP$14.6BCURRENT US$
Rnk 132 / 186
2012-2022
Flag
GDP GROWTH-17.4%CURRENT US$
Rnk 178 / 186
2022
Flag
 GDP$1.67TCURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP GROWTH30.3%CURRENT US$
Rnk 100 / 186
2022
Flag
GDP PC $2,448CURRENT US$
Rnk 138 / 186
2012-2022
Flag
GDP PC GROWTH-34.8%CURRENT US$
Rnk 180 / 186
2022
Flag
GDP PC$32,255CURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP PC GROWTH26.7%CURRENT US$
Rnk 70 / 186

About

Republic of the Congo-South Korea Trade: In 2022, Republic of the Congo exported $7.74M to South Korea. The main products that Republic of the Congo exported to South Korea were Scrap Copper ($3.57M), Raw Lead ($2.6M), and Raw Zinc ($703k). Over the past 5 years the exports of Republic of the Congo to South Korea have decreased at an annualized rate of 15.9%, from $18.4M in 2017 to $7.74M in 2022.

In 2022, Republic of the Congo did not export any services to South Korea.

South Korea-Republic of the Congo Trade: In 2022, South Korea exported $26.5M to Republic of the Congo. The main products that South Korea exported to Republic of the Congo were Propylene Polymers ($6.03M), Other Plastic Products ($4.05M), and Non-Retail Synthetic Filament Yarn ($2.64M). Over the past 5 years the exports of South Korea to Republic of the Congo have decreased at an annualized rate of 10.3%,  from $45.7M in 2017 to $26.5M in 2022.

In 2022, South Korea did not export any services to Republic of the Congo.

Comparison: In 2022,  Republic of the Congo ranked 124 in the Economic Complexity Index (ECI -1.42), and 96 in total exports ($12.4B). 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
Value

In 2022, Republic of the Congo exported $7.74M to South Korea. The main products exported from Republic of the Congo to South Korea were Scrap Copper ($3.57M), Raw Lead ($2.6M), and Raw Zinc ($703k). During the last 5 years the exports of Republic of the Congo to South Korea have decreased at an annualized rate of 15.9%, from $18.4M in 2017 to $7.74M in 2022.

In 2017, South Korea exported $26.5M to Republic of the Congo. The main products exported from South Korea to Republic of the Congo were Propylene Polymers ($6.03M), Other Plastic Products ($4.05M), and Non-Retail Synthetic Filament Yarn ($2.64M). During the last 5 years the exports of South Korea to Republic of the Congo have decreased at an annualized rate of 10.3%, from $45.7M in 2022 to $26.5M in 2017.

Exports from Republic of the Congo (Flag) to South Korea (Flag) (2022)

Exports from South Korea (Flag) to Republic of the Congo (Flag) (2022)

Latest Data

Trade between Republic of the Congo (Flag) and South Korea (Flag)

Republic of the Congo Exports

South Korea Exports

Market Competitiveness

Color
Republic of the Congo
Top DestinationChina$4.82B
South Korea
Top DestinationChina$150B

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

In 2022, no countries were registered that imported more from Republic of the Congo than from South Korea.

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

Difference in imports from South Korea (Flag) and Republic of the Congo (Flag) (2022)

Comparative Advantage Republic of the Congo - South Korea

Flow
Scale

This chart compares trade between Republic of the Congo and South Korea by product, considering products traded by both, Republic of the Congo and South Korea.

During 2022, Republic of the Congo had a large net trade with South Korea in the exports of Metals ($6.87M), Wood Products ($640k), and Vegetable Products ($142k).

During 2017, South Korea had a large net trade with Republic of the Congo in the exports of Plastics and Rubbers ($12.9M), Chemical Products ($4.54M), and Textiles ($3.83M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Republic of the Congo South Korea+$1.53MScrap Copper
Top Product Potential South Korea Republic of the Congo+$2.32MCars

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

This visualization shows the product space at the HS4 level with the flags of Republic of the Congo and South Korea. This means that a dot/product with the flag of Republic of the Congo 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 Republic of the Congo.

Product Space of Republic of the Congo (Flag) and South Korea (Flag) (2022)

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