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2023
Flag → Flag
Exports $3.38MRnk 135 / 142
2023
Flag → Flag
Top Product $863kLarge Construction Vehicles
2023
Flag → Flag
Exports $20.3MRnk 24 / 137
2023
Flag → Flag
Top Product $18.3MProcessed Crustaceans
2023
Flag
Economic Complexity (ECI) ECI 1.85Rnk 4 / 132
2023
Flag
Economic Complexity (ECI) ECI -1.13Rnk 115 / 132
2023
Flag  
GDP$1.71TCURRENT US$
Rnk 14 / 195
2013-2023
Flag
GDP GROWTH25%CURRENT US$
Rnk 127 / 195
2023
Flag
 GDP$10.7BCURRENT US$
Rnk 149 / 195
2013-2023
Flag
GDP GROWTH47.5%CURRENT US$
Rnk 79 / 195
2023
Flag
GDP PC $33,121CURRENT US$
Rnk 41 / 195
2013-2023
Flag
GDP PC GROWTH21.9%CURRENT US$
Rnk 99 / 195
2023
Flag
GDP PC$2,121CURRENT US$
Rnk 155 / 196
2013-2023
Flag
GDP PC GROWTH9.65%CURRENT US$
Rnk 134 / 195

About

South Korea-Mauritania Trade: In 2023, South Korea exported $3.38M to Mauritania. The main products that South Korea exported to Mauritania were Large Construction Vehicles ($863k), Pulley Systems ($524k), and Cars ($390k). Over the past 5 years the exports of South Korea to Mauritania have decreased at an annualized rate of 23.8%, from $13.1M in 2018 to $3.38M in 2023.

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

Mauritania-South Korea Trade: In 2023, Mauritania exported $20.3M to South Korea. The main products that Mauritania exported to South Korea were Processed Crustaceans ($18.3M), Molluscs ($1.02M), and Non-fillet Frozen Fish ($973k). Over the past 5 years the exports of Mauritania to South Korea have decreased at an annualized rate of 20.8%,  from $65.3M in 2018 to $20.3M in 2023.

In 2023, Mauritania 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, Mauritania ranked 115 in the Economic Complexity Index (ECI -1.13), and 129 in total exports ($4.96B).

Latest Trends

December, 2024

About

Overview In December 2024, South Korea exported $1.26M and imported $3.97M from Mauritania, resulting in a negative trade balance of $2.71M. Between December 2023 and December 2024 the exports of South Korea have increased by $269k (27.1%) from $991k to $1.26M, while imports increased by $836k (26.7%) from $3.13M to $3.97M.

Trade In December 2024, the top exports of South Korea to Mauritania were Inorganic chemicals ($382k), Pharmaceutical products ($300k), Cars, tractors, trucks & parts thereof. ($171k), Wadding, felt, nonwovens, twin, ropes, &... ($136k), and Organic chemicals ($70k). In December 2024 the top imports of South Korea from Mauritania were Fish, Crustaceans & Molluscs ($1.42M), Copper articles ($461k), Preparations of fish, crustacenas, & molluscs ($42k), Inorganic chemicals ($0), and Organic chemicals ($0).

Growth In December 2024, the increase in South Korea's year-by-year exports to Mauritania was explained primarily by an increase in product exports in Pharmaceutical products ($221k or 280%), Cars, tractors, trucks & parts thereof. ($95k or 125%), and Machinery, mechanical appliances, & parts ($33k or 1.1k%). In December 2024, the increase in South Korea's year-by-year imports  from Mauritania was explained primarily by an increase in product imports  in Copper articles ($319k or 225%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)$269k(27.1%)
IMPORT GROWTH (December 2023 - December 2024)$836k(26.7%)

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

For full datasets download visit Bulk Download page.

Explore Mauritania and South Korea Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, South Korea exported $3.38M to Mauritania. The main products exported from South Korea to Mauritania were Large Construction Vehicles ($863k), Pulley Systems ($524k), and Cars ($390k). During the last 5 years the exports of South Korea to Mauritania have decreased at an annualized rate of 23.8%, from $13.1M in 2018 to $3.38M in 2023.

In 2018, Mauritania exported $20.3M to South Korea. The main products exported from Mauritania to South Korea were Processed Crustaceans ($18.3M), Molluscs ($1.02M), and Non-fillet Frozen Fish ($973k). During the last 5 years the exports of Mauritania to South Korea have decreased at an annualized rate of 20.8%, from $65.3M in 2023 to $20.3M in 2018.

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

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

Market Competitiveness

Color
South Korea
Top DestinationChina$162B
Mauritania
Top DestinationChina$1.22B

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

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

In 2023, countries that imported more from Mauritania than South Korea included Algeria ($332M), Democratic Republic of the Congo ($45.8M), and Mali ($22.7M).

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

Comparative Advantage South Korea - Mauritania

Flow
Scale

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

During 2023, South Korea had a large net trade with Mauritania in the exports of Machines ($1.57M), Transportation ($545k), and Plastics and Rubbers ($540k).

During 2018, Mauritania had a large net trade with South Korea in the exports of Foodstuffs ($18.3M), Animal Products ($1.99M), and Textiles ($556).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential South Korea Mauritania+$1.49MCars
Top Product Potential Mauritania South Korea+$4.15MMolluscs

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

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

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