2023
Flag  
GDP
$4.1BCURRENT US$
Rnk 162 / 195
2013-2023
Flag
GDP GROWTH
101%CURRENT US$
Rnk 14 / 195
2023
Flag
 GDP
$1.71TCURRENT US$
Rnk 14 / 195
2013-2023
Flag
GDP GROWTH
25%CURRENT US$
Rnk 127 / 195
2023
Flag
GDP PC 
$3,555CURRENT US$
Rnk 137 / 195
2013-2023
Flag
GDP PC GROWTH
71.4%CURRENT US$
Rnk 25 / 195
2023
Flag
GDP PC
$33,121CURRENT US$
Rnk 41 / 196
2013-2023
Flag
GDP PC GROWTH
21.9%CURRENT US$
Rnk 99 / 195

About

Djibouti-South Korea Trade: In 2023, Djibouti exported $800k to South Korea. The main products that Djibouti exported to South Korea were Knit T-shirts ($800k). Over the past 5 years the exports of Djibouti to South Korea have increased at an annualized rate of 10.2%, from $491k in 2018 to $800k in 2023.

In 2023, Djibouti did not export any services to South Korea.

South Korea-Djibouti Trade: In 2023, South Korea exported $23.3M to Djibouti. The main products that South Korea exported to Djibouti were Cars ($5.87M), Polyacetals ($2.44M), and Other Nitrogen Compounds ($1.97M). Over the past 5 years the exports of South Korea to Djibouti have decreased at an annualized rate of 10.6%,  from $51M in 2018 to $23.3M in 2023.

In 2023, South Korea did not export any services to Djibouti.

Comparison In 2023,  Djibouti ranked 135 in total exports ($4.21B), and does not have data regarding Economic Complexity Index. That same year, South Korea ranked 4 in the Economic Complexity Index (ECI 1.85), and 5 in total exports ($645B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Djibouti exported $800k to South Korea. The main products exported from Djibouti to South Korea were Knit T-shirts ($800k). During the last 5 years the exports of Djibouti to South Korea have increased at an annualized rate of 10.2%, from $491k in 2018 to $800k in 2023.

In 2018, South Korea exported $23.3M to Djibouti. The main products exported from South Korea to Djibouti were Cars ($5.87M), Polyacetals ($2.44M), and Other Nitrogen Compounds ($1.97M). During the last 5 years the exports of South Korea to Djibouti have decreased at an annualized rate of 10.6%, from $51M in 2023 to $23.3M in 2018.

Exports from Djibouti (Flag) to South Korea (Flag) (2023)

Exports from South Korea (Flag) to Djibouti (Flag) (2023)

Latest Data

Trade between Djibouti (Flag) and South Korea (Flag)

South Korea Exports

Market Competitiveness

Color
Djibouti
Top Destination
Ethiopia$3.22B
South Korea
Top Destination
China$162B

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

In 2023, countries that imported more from Djibouti than South Korea included Ethiopia ($3.22B), Yemen ($66M), and Somalia ($53.7M).

In 2023, countries that imported more from South Korea than Djibouti included China ($162B), United States ($118B), and Hong Kong ($28.8B).

Difference in imports from South Korea (Flag) and Djibouti (Flag) (2023)

Comparative Advantage Djibouti - South Korea

Flow
Scale

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

During 2023, Djibouti had a large net trade with South Korea in the exports of Textiles ($800k).

During 2018, South Korea had a large net trade with Djibouti in the exports of Transportation ($7.92M), Plastics and Rubbers ($5.53M), and Chemical Products ($2.48M).

Economic Complexity

Competitive Landscape

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

Product Space of Djibouti (Flag) and South Korea (Flag) (2023)

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