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2023
Flag → Flag
Exports $551MRnk 59 / 142
2023
Flag → Flag
Top Product $435MCars
2023
Flag → Flag
Exports $3.39MRnk 30 / 126
2023
Flag → Flag
Top Product $1.3MPharmaceutical Animal Products
2023
Flag
Economic Complexity (ECI) ECI 1.85Rnk 4 / 132
2023
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Economic Complexity (ECI) ECI -0.11Rnk 67 / 132
2023
Flag  
GDP$1.71TCURRENT US$
Rnk 14 / 195
2013-2023
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GDP GROWTH25%CURRENT US$
Rnk 127 / 195
2023
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 GDP$14BCURRENT US$
Rnk 141 / 195
2013-2023
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GDP GROWTH90.7%CURRENT US$
Rnk 20 / 195
2023
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GDP PC $33,121CURRENT US$
Rnk 41 / 195
2013-2023
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GDP PC GROWTH21.9%CURRENT US$
Rnk 99 / 195
2023
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GDP PC$1,970CURRENT US$
Rnk 159 / 196
2013-2023
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GDP PC GROWTH55.2%CURRENT US$
Rnk 39 / 195

About

South Korea-Kyrgyzstan Trade: In 2023, South Korea exported $551M to Kyrgyzstan. The main products that South Korea exported to Kyrgyzstan were Cars ($435M), Delivery Trucks ($18.9M), and Large Construction Vehicles ($9.91M). Over the past 5 years the exports of South Korea to Kyrgyzstan have increased at an annualized rate of 57%, from $57.7M in 2018 to $551M in 2023.

In 2023, South Korea did not export any services to Kyrgyzstan.

Kyrgyzstan-South Korea Trade: In 2023, Kyrgyzstan exported $3.39M to South Korea. The main products that Kyrgyzstan exported to South Korea were Pharmaceutical Animal Products ($1.3M), Beauty Products ($947k), and Refined Petroleum ($406k). Over the past 5 years the exports of Kyrgyzstan to South Korea have increased at an annualized rate of 45.9%,  from $512k in 2018 to $3.39M in 2023.

In 2009, Kyrgyzstan exported services to South Korea worth $0, with being the largest in terms of value.

Comparison: In 2023,  South Korea ranked 4 in the Economic Complexity Index (ECI 1.85), and 5 in total exports ($645B). That same year, Kyrgyzstan ranked 67 in the Economic Complexity Index (ECI -0.11), and 136 in total exports ($3.99B).

Latest Trends

December, 2024

About

Overview In December 2024, South Korea exported $127M and imported $1.19M from Kyrgyzstan, resulting in a positive trade balance of $126M. Between December 2023 and December 2024 the exports of South Korea have increased by $47M (58.8%) from $79.9M to $127M, while imports increased by $1.06M (836%) from $127k to $1.19M.

Trade In December 2024, the top exports of South Korea to Kyrgyzstan were Cars, tractors, trucks & parts thereof. ($60.2M), Perfumery & cosmetics ($4.75M), Machinery, mechanical appliances, & parts ($2.54M), Mineral fuels, mineral oils and products... ($436k), and Knitted clothing accesories ($414k). In December 2024 the top imports of South Korea from Kyrgyzstan were Animal originated products, n.e.s. ($646k), Electrical machinery and electronics ($8k), Sugars & confectioneries ($7k), Non-knitted clothing accesories ($5k), and Oils seeds, oleaginous fruits, grains, straw... ($2k).

Growth In December 2024, the increase in South Korea's year-by-year exports to Kyrgyzstan was explained primarily by an increase in product exports in Cars, tractors, trucks & parts thereof. ($18.8M or 45.6%), Machinery, mechanical appliances, & parts ($1.52M or 149%), and Perfumery & cosmetics ($947k or 24.9%). In December 2024, the increase in South Korea's year-by-year imports  from Kyrgyzstan was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)$47M(58.8%)
IMPORT GROWTH (December 2023 - December 2024)$1.06M(836%)

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 Kyrgyzstan and South Korea trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Kyrgyzstan and South Korea Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, South Korea exported $551M to Kyrgyzstan. The main products exported from South Korea to Kyrgyzstan were Cars ($435M), Delivery Trucks ($18.9M), and Large Construction Vehicles ($9.91M). During the last 5 years the exports of South Korea to Kyrgyzstan have increased at an annualized rate of 57%, from $57.7M in 2018 to $551M in 2023.

In 2018, Kyrgyzstan exported $3.39M to South Korea. The main products exported from Kyrgyzstan to South Korea were Pharmaceutical Animal Products ($1.3M), Beauty Products ($947k), and Refined Petroleum ($406k). During the last 5 years the exports of Kyrgyzstan to South Korea have increased at an annualized rate of 45.9%, from $512k in 2023 to $3.39M in 2018.

Exports from South Korea (Flag) to Kyrgyzstan (Flag) (2023)

Exports from Kyrgyzstan (Flag) to South Korea (Flag) (2023)

Market Competitiveness

Color
South Korea
Top DestinationChina$162B
Kyrgyzstan
Top DestinationSwitzerland$1.18B

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

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

In 2023, countries that imported more from Kyrgyzstan than South Korea included Russia ($746M), Belarus ($27.2M), and Iran ($25.4M).

Difference in imports from Kyrgyzstan (Flag) and South Korea (Flag) (2023)

Comparative Advantage South Korea - Kyrgyzstan

Flow
Scale

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

During 2023, South Korea had a large net trade with Kyrgyzstan in the exports of Transportation ($468M), Machines ($29.1M), and Chemical Products ($16.5M).

During 2018, Kyrgyzstan had a large net trade with South Korea in the exports of Animal Products ($1.34M), Chemical Products ($1.1M), and Mineral Products ($414k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential South Korea Kyrgyzstan+$14.2MMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential Kyrgyzstan South Korea+$2.18MRefined Petroleum

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

Product Space of South Korea (Flag) and Kyrgyzstan (Flag) (2023)

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