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Pricing

2022
Flag → Flag
Exports $130MRnk 105 / 220
2022
Flag → Flag
Top Product $36.7MOffice Machine Parts
2022
Flag → Flag
Exports $907MRnk 7 / 128
2022
Flag → Flag
Top Product $806MRefined Copper
2022
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Economic Complexity (ECI) ECI 1.78Rnk 4 / 133
2022
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Economic Complexity (ECI) ECI -1.81Rnk 130 / 133
2022
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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$58.1BCURRENT US$
Rnk 87 / 186
2012-2022
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GDP GROWTH98.1%CURRENT US$
Rnk 15 / 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$586CURRENT US$
Rnk 179 / 186
2012-2022
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GDP PC GROWTH42.1%CURRENT US$
Rnk 45 / 186

About

South Korea-Democratic Republic of the Congo Trade: In 2022, South Korea exported $130M to Democratic Republic of the Congo. The main products that South Korea exported to Democratic Republic of the Congo were Office Machine Parts ($36.7M), Refined Petroleum ($19.5M), and Vaccines, blood, antisera, toxins and cultures ($14M). Over the past 5 years the exports of South Korea to Democratic Republic of the Congo have increased at an annualized rate of 29.3%, from $35.8M in 2017 to $130M 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 $907M to South Korea. The main products that Democratic Republic of the Congo exported to South Korea were Refined Copper ($806M), Cobalt ($82.4M), and Cobalt Oxides and Hydroxides ($8.01M). Over the past 5 years the exports of Democratic Republic of the Congo to South Korea have increased at an annualized rate of 8.96%,  from $591M in 2017 to $907M in 2022.

In 2022, Democratic Republic of the Congo 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, Democratic Republic of the Congo ranked 130 in the Economic Complexity Index (ECI -1.81), and 71 in total exports ($28.5B).

Latest Trends

September, 2024

About

Overview In September 2024, South Korea exported $1.97M and imported $61.3M from Democratic Republic of the Congo, resulting in a negative trade balance of $59.3M. Between September 2023 and September 2024 the exports of South Korea have decreased by $-15.7M (-88.9%) from $17.7M to $1.97M, while imports decreased by $-2.37M (-3.72%) from $63.6M to $61.3M.

Trade In September 2024, the top exports of South Korea to Democratic Republic of the Congo were Machinery, mechanical appliances, & parts ($22.8M), Plastics & articles thereof ($4.52M), Electrical machinery and electronics ($2.8M), Cars, tractors, trucks & parts thereof. ($804k), and Pharmaceutical products ($562k). In September 2024 the top imports of South Korea from Democratic Republic of the Congo were Copper articles ($39.5M), Cermet articles ($5.93M), Fish, crustaceans, & molluscs ($0), Pharmaceutical products ($0), and Perfumery & cosmetics ($0).

Growth In September 2024, the decrease in South Korea's year-by-year exports to Democratic Republic of the Congo was explained primarily by an decrease in product exports in Pharmaceutical products ($-2.54M or -81.9%), Chemical products n.e.s. ($-630k or -79.6%), and Cars, tractors, trucks & parts thereof. ($-456k or -36.2%). In September 2024, the decrease in South Korea's year-by-year imports  from Democratic Republic of the Congo was explained primarily by an decrease in product imports  in Copper articles ($-39.7M or -50.1%) and Fish, crustaceans, & molluscs ($-504k or -100%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (September 2023 - September 2024)$-15.7M(-88.9%)
IMPORT GROWTH (September 2023 - September 2024)$-2.37M(-3.72%)

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 Democratic Republic of the Congo and South Korea trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Democratic Republic of the Congo and South Korea Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Korea exported $130M to Democratic Republic of the Congo. The main products exported from South Korea to Democratic Republic of the Congo were Office Machine Parts ($36.7M), Refined Petroleum ($19.5M), and Vaccines, blood, antisera, toxins and cultures ($14M). During the last 5 years the exports of South Korea to Democratic Republic of the Congo have increased at an annualized rate of 29.3%, from $35.8M in 2017 to $130M in 2022.

In 2017, Democratic Republic of the Congo exported $907M to South Korea. The main products exported from Democratic Republic of the Congo to South Korea were Refined Copper ($806M), Cobalt ($82.4M), and Cobalt Oxides and Hydroxides ($8.01M). During the last 5 years the exports of Democratic Republic of the Congo to South Korea have increased at an annualized rate of 8.96%, from $591M in 2022 to $907M 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 DestinationChina$150B
Democratic Republic of the Congo
Top DestinationChina$15.6B

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 2022, countries that imported more from South Korea than Democratic Republic of the Congo included China ($150B), United States ($112B), and Vietnam ($60.7B).

In 2022, countries that imported more from Democratic Republic of the Congo than South Korea included Tanzania ($1.17B), Zambia ($656M), and Namibia ($116M).

Difference in imports from Democratic Republic of the Congo (Flag) and South Korea (Flag) (2022)

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 Machines ($40.6M), Plastics and Rubbers ($28.1M), and Mineral Products ($19.5M).

During 2017, Democratic Republic of the Congo had a large net trade with South Korea in the exports of Metals ($896M), Chemical Products ($8.01M), and Animal Products ($2.57M).

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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