2022
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GDP
$192BCURRENT US$
Rnk 55 / 186
2012-2022
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GDP GROWTH
-8.2%CURRENT US$
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2022
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 GDP
$1.67TCURRENT US$
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2012-2022
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GDP GROWTH
30.3%CURRENT US$
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2022
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GDP PC 
$4,274CURRENT US$
Rnk 118 / 186
2012-2022
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GDP PC GROWTH
-23.8%CURRENT US$
Rnk 175 / 186
2022
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GDP PC
$32,255CURRENT US$
Rnk 33 / 186
2012-2022
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GDP PC GROWTH
26.7%CURRENT US$
Rnk 70 / 186

About

Algeria-South Korea In 2022, Algeria exported $2.96B to South Korea. The main products that Algeria exported to South Korea are Refined Petroleum ($2.21B), Crude Petroleum ($711M), and Petroleum Gas ($42.3M). During the last 27 years the exports of Algeria to South Korea have increased at an annualized rate of 12.2%, from $133M in 1995 to $2.96B in 2022.

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

South Korea-Algeria In 2022, South Korea exported $233M to Algeria. The main products that South Korea exported to Algeria were Motor vehicles; parts and accessories (8701 to 8705) ($35.5M), Acrylic Polymers ($16M), and Glands and Other Organs ($10.2M). During the last 27 years the exports of South Korea to Algeria have increased at an annualized rate of 4.43%, from $72.4M in 1995 to $233M in 2022.

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

Comparison In 2022,  Algeria ranked 95 in the Economic Complexity Index (ECI -0.64), and 55 in total exports ($58.6B). 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, Algeria exported $2.96B to South Korea. The main products exported from Algeria to South Korea were Refined Petroleum ($2.21B), Crude Petroleum ($711M), and Petroleum Gas ($42.3M). During the last 27 years the exports of Algeria to South Korea have increased at an annualized rate of 12.2%, from $133M in 1995 to $2.96B in 2022.

In 2022, South Korea exported $233M to Algeria. The main products exported from South Korea to Algeria were Motor vehicles; parts and accessories (8701 to 8705) ($35.5M), Acrylic Polymers ($16M), and Glands and Other Organs ($10.2M). During the last 27 years the exports of South Korea to Algeria have increased at an annualized rate of 4.43%, from $72.4M in 1995 to $233M in 2022.

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

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

Latest Data

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

Algeria Exports

South Korea Exports

Market Competitiveness

Color
Algeria
Top Destination
Italy$16.9B
South Korea
Top Destination
China$150B

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 2021, countries that imported more from Algeria than South Korea were Italy ($16.9B), Spain ($7.11B), and Tunisia ($1.54B).

In 2021, countries that imported more from South Korea than Algeria were China ($150B), United States ($112B), and Vietnam ($60.7B).

Difference in imports from South Korea (Flag) and Algeria (Flag) (2022)

Comparative Advantage Algeria - South Korea

Flow
Scale

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 Mineral Products ($2.96B), Animal Products ($2.35M), and Foodstuffs ($73.2k).

During 2022, South Korea had a large net trade with Algeria in the exports of Machines ($87.8M), Plastics and Rubbers ($41.8M), and Transportation ($36.2M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Algeria has comparative advantage over South Korea. Similarly, the more yellow a dot/product is, the more South Korea has comparative advantage over Algeria.

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

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