Algeria (DZA) and South Korea (KOR) Trade | The Observatory of Economic Complexity

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Algeria-South Korea Trade: In 2022, Algeria exported $3.37B to South Korea. The main products that Algeria exported to South Korea were N/A. Over the past 5 years the exports of Algeria to South Korea have increased at an annualized rate of 34.4%, from $770M in 2017 to $3.37B in 2022.

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

South Korea-Algeria Trade: In 2022, South Korea exported $233M to Algeria. The main products that South Korea exported to Algeria were N/A. Over the past 5 years the exports of South Korea to Algeria have decreased at an annualized rate of 32.5%, from $1.66B in 2017 to $233M in 2022.

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

Comparison: In 2023, Algeria ranked 99 in the Economic Complexity Index (ECI -0.75), and 57 in total exports ($52.4B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Algeria exported $3.37B to South Korea. There were not main exports from Algeria to South Korea in 2022. During the last 5 years the exports of Algeria to South Korea have increased at an annualized rate of 34.4%, from $770M in 2017 to $3.37B in 2022.

In 2017, South Korea exported $233M to Algeria. There were not main exports from South Korea to Algeria in 2017. During the last 5 years the exports of South Korea to Algeria have decreased at an annualized rate of 32.5%, from $1.66B in 2022 to $233M in 2017.

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

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

Latest Data

Trade between Algeria () and South Korea ()

Algeria Exports

Date

South Korea Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Algeria
Top DestinationItaly$15.2B

South Korea
Top DestinationChina$162B

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

In 2023, countries that imported more from Algeria than South Korea included Italy ($15.2B), Spain ($6.73B), and Tunisia ($1.81B).

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

Difference in imports from South Korea () and Algeria () (2023)

Comparative Advantage Algeria - South Korea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Algeria had a large net trade with South Korea in the exports of .

During 2017, South Korea had a large net trade with Algeria in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Algeria South Korea+$463MCrude Petroleum

Top Product Potential South Korea Algeria+$19MMotor vehicles; parts and accessories (8701 to 8705)

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

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Algeria () and South Korea ()

Algeria Exports

South Korea Exports

Market Competitiveness

Difference in imports from South Korea () and Algeria () (2023)

Comparative Advantage Algeria - South Korea

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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