2023
Flag  
GDP
$1.71TCURRENT US$
Rnk 14 / 195
2013-2023
Flag
GDP GROWTH
25%CURRENT US$
Rnk 127 / 195
2023
Flag
 GDP
$66.4BCURRENT US$
Rnk 87 / 195
2013-2023
Flag
GDP GROWTH
103%CURRENT US$
Rnk 12 / 195
2023
Flag
GDP PC 
$33,121CURRENT US$
Rnk 41 / 195
2013-2023
Flag
GDP PC GROWTH
21.9%CURRENT US$
Rnk 99 / 195
2023
Flag
GDP PC
$628CURRENT US$
Rnk 188 / 196
2013-2023
Flag
GDP PC GROWTH
45.5%CURRENT US$
Rnk 51 / 195

About

South Korea-Democratic Republic of the Congo Trade: In 2022, South Korea exported $121M to Democratic Republic of the Congo. The main products that South Korea exported to Democratic Republic of the Congo were N/A. Over the past 5 years the exports of South Korea to Democratic Republic of the Congo have increased at an annualized rate of 25.5%, from $39.1M in 2017 to $121M in 2022.

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

Democratic Republic of the Congo-South Korea Trade: In 2022, Democratic Republic of the Congo exported $942M to South Korea. The main products that Democratic Republic of the Congo exported to South Korea were N/A. Over the past 5 years the exports of Democratic Republic of the Congo to South Korea have increased at an annualized rate of 9.5%,  from $599M in 2017 to $942M in 2022.

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

Comparison: In 2023,  South Korea ranked 4 in the Economic Complexity Index (ECI 1.85), and 5 in total exports ($645B). That same year, Democratic Republic of the Congo ranked 130 in the Economic Complexity Index (ECI -1.94), and 78 in total exports ($20.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Korea exported $121M to Democratic Republic of the Congo. There were not main exports from South Korea to Democratic Republic of the Congo in 2022. During the last 5 years the exports of South Korea to Democratic Republic of the Congo have increased at an annualized rate of 25.5%, from $39.1M in 2017 to $121M in 2022.

In 2017, Democratic Republic of the Congo exported $942M to South Korea. There were not main exports from Democratic Republic of the Congo to South Korea in 2017. During the last 5 years the exports of Democratic Republic of the Congo to South Korea have increased at an annualized rate of 9.5%, from $599M in 2022 to $942M in 2017.

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

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

Market Competitiveness

Color
South Korea
Top Destination
China$162B

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

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

In 2023, countries that imported more from Democratic Republic of the Congo than South Korea included Zambia ($182M), Namibia ($60.2M), and Central African Republic ($20.7M).

Difference in imports from Democratic Republic of the Congo (Flag) and South Korea (Flag) (2023)

Comparative Advantage South Korea - Democratic Republic of the Congo

Flow
Scale

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

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

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential South Korea Democratic Republic of the Congo+$8.41MCars
Top Product Potential Democratic Republic of the Congo South Korea+$11.6MCobalt

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 South Korea and Democratic Republic of the Congo. This means that a dot/product with the flag of South Korea indicates it has a comparative advantage over Democratic Republic of the Congo. Similarly, a dot/product with the flag of Democratic Republic of the Congo indicates it has a comparative advantage over South Korea.

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

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