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2022
Flag → Flag
Exports $177MRnk 97 / 220
2022
Flag → Flag
Top Product $38.4MCars
2022
Flag → Flag
Exports $843MRnk 7 / 158
2022
Flag → Flag
Top Product $412MRefined Petroleum
2022
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Economic Complexity (ECI) ECI 1.78Rnk 4 / 133
2022
Flag  
GDP$1.67TCURRENT US$
Rnk 13 / 186
2012-2022
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GDP GROWTH30.3%CURRENT US$
Rnk 100 / 186
2022
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 GDP$44.4BCURRENT US$
Rnk 93 / 186
2012-2022
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GDP GROWTH44.4%CURRENT US$
Rnk 77 / 186
2022
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GDP PC $32,255CURRENT US$
Rnk 33 / 186
2012-2022
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GDP PC GROWTH26.7%CURRENT US$
Rnk 70 / 186
2022
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GDP PC$30,152CURRENT US$
Rnk 38 / 186
2012-2022
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GDP PC GROWTH20.1%CURRENT US$
Rnk 88 / 186

About

South Korea-Bahrain Trade: In 2022, South Korea exported $177M to Bahrain. The main products that South Korea exported to Bahrain were Cars ($38.4M), Coal Tar Oil ($14.7M), and Insulated Wire ($12.5M). Over the past 5 years the exports of South Korea to Bahrain have decreased at an annualized rate of 13%, from $355M in 2017 to $177M in 2022.

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

Bahrain-South Korea Trade: In 2022, Bahrain exported $843M to South Korea. The main products that Bahrain exported to South Korea were Refined Petroleum ($412M), Raw Aluminium ($201M), and Iron Blocks ($90.2M). Over the past 5 years the exports of Bahrain to South Korea have increased at an annualized rate of 17.5%,  from $376M in 2017 to $843M in 2022.

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

Comparison In 2022,  South Korea ranked 4 in the Economic Complexity Index (ECI 1.78),  and 5 in total exports ($705B). That same year, Bahrain ranked 77 in total exports ($20.7B), and does not have data regarding Economic Complexity Index.

Latest Trends

October, 2024

About

Overview In October 2024, South Korea exported $20.2M and imported $26.4M from Bahrain, resulting in a negative trade balance of $6.23M. Between October 2023 and October 2024 the exports of South Korea have increased by $12M (146%) from $8.21M to $20.2M, while imports decreased by $-32.8M (-55.4%) from $59.2M to $26.4M.

Trade In October 2024, the top exports of South Korea to Bahrain were Mineral fuels, mineral oils and products... ($7.69M), Optical, photo, & film equipment; medical... ($1.2M), Cars, tractors, trucks & parts thereof. ($991k), Machinery, mechanical appliances, & parts ($734k), and Plastics & articles thereof ($696k). In October 2024 the top imports of South Korea from Bahrain were Aluminum articles ($13.5M), Inorganic chemicals ($10.9M), Fish, Crustaceans & Molluscs ($1.05M), Copper articles ($462k), and Plastics & articles thereof ($33k).

Growth In October 2024, the increase in South Korea's year-by-year exports to Bahrain was explained primarily by an increase in product exports in Mineral fuels, mineral oils and products... ($7.59M or 7.67k%), Plastics & articles thereof ($493k or 243%), and Optical, photo, & film equipment; medical... ($295k or 32.6%). In October 2024, the decrease in South Korea's year-by-year imports  from Bahrain was explained primarily by an decrease in product imports  in Mineral fuels, mineral oils and products... ($-42.4M or -100%), Aluminum articles ($-3.76M or -21.8%), and Copper articles ($-884k or -65.7%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (October 2023 - October 2024)$12M(146%)
IMPORT GROWTH (October 2023 - October 2024)$-32.8M(-55.4%)

This section shows exports and imports data at subnational level for South Korea. Click any date in the line plot or any product to explore the exports or imports behavior of South Korea over time.

To check Bahrain and South Korea trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Bahrain and South Korea Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Korea exported $177M to Bahrain. The main products exported from South Korea to Bahrain were Cars ($38.4M), Coal Tar Oil ($14.7M), and Insulated Wire ($12.5M). During the last 5 years the exports of South Korea to Bahrain have decreased at an annualized rate of 13%, from $355M in 2017 to $177M in 2022.

In 2017, Bahrain exported $843M to South Korea. The main products exported from Bahrain to South Korea were Refined Petroleum ($412M), Raw Aluminium ($201M), and Iron Blocks ($90.2M). During the last 5 years the exports of Bahrain to South Korea have increased at an annualized rate of 17.5%, from $376M in 2022 to $843M in 2017.

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

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

Market Competitiveness

Color
South Korea
Top DestinationChina$150B
Bahrain
Top DestinationSaudi Arabia$3.03B

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

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

In 2022, countries that imported more from Bahrain than South Korea included Oman ($841M), Democratic Republic of the Congo ($256M), and Algeria ($296M).

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

Comparative Advantage South Korea - Bahrain

Flow
Scale

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

During 2022, South Korea had a large net trade with Bahrain in the exports of Machines ($59.6M), Transportation ($41.8M), and Mineral Products ($21.9M).

During 2017, Bahrain had a large net trade with South Korea in the exports of Mineral Products ($449M), Metals ($305M), and Chemical Products ($74.8M).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of South Korea and Bahrain. This means that a dot/product with the flag of South Korea indicates it has a comparative advantage over Bahrain. Similarly, a dot/product with the flag of Bahrain indicates it has a comparative advantage over South Korea.

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

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