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Pricing

2022
Flag → Flag
Exports $128MRnk 108 / 220
2022
Flag → Flag
Top Product $24.5MMotor vehicles; parts and accessories (8701 to 8705)
2022
Flag → Flag
Exports $6.88MRnk 27 / 107
2022
Flag → Flag
Top Product $5.24MScrap Copper
2022
Flag
Economic Complexity (ECI) ECI 1.78Rnk 4 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.35Rnk 123 / 133
2022
Flag  
GDP$1.67TCURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP GROWTH30.3%CURRENT US$
Rnk 100 / 186
2022
Flag
 GDP$51.7BCURRENT US$
Rnk 88 / 186
2012-2022
Flag
GDP GROWTH-18.3%CURRENT US$
Rnk 179 / 186
2022
Flag
GDP PC $32,255CURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP PC GROWTH26.7%CURRENT US$
Rnk 70 / 186
2022
Flag
GDP PC$1,102CURRENT US$
Rnk 165 / 186
2012-2022
Flag
GDP PC GROWTH-38.7%CURRENT US$
Rnk 181 / 186

About

South Korea-Sudan Trade: In 2022, South Korea exported $128M to Sudan. The main products that South Korea exported to Sudan were Motor vehicles; parts and accessories (8701 to 8705) ($24.5M), Large Construction Vehicles ($21.2M), and Electric Batteries ($19.9M). Over the past 5 years the exports of South Korea to Sudan have decreased at an annualized rate of 11.4%, from $233M in 2017 to $128M in 2022.

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

Sudan-South Korea Trade: In 2022, Sudan exported $6.88M to South Korea. The main products that Sudan exported to South Korea were Scrap Copper ($5.24M), Raw Lead ($771k), and Scrap Aluminium ($700k). Over the past 5 years the exports of Sudan to South Korea have decreased at an annualized rate of 18.8%,  from $19.5M in 2017 to $6.88M in 2022.

In 2022, Sudan 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, Sudan ranked 123 in the Economic Complexity Index (ECI -1.35), and 123 in total exports ($5.52B).

Latest Trends

August, 2024

About

Overview In August 2024, South Korea exported $2.94M and imported $0 from Sudan, resulting in a positive trade balance of $2.94M. Between August 2023 and August 2024 the exports of South Korea have increased by $1.17M (66.6%) from $1.76M to $2.94M, while imports decreased by $-325k (-100%) from $325k to $0.

Trade In August 2024, the top exports of South Korea to Sudan were Electrical machinery and electronics ($2.59M), Cars, tractors, trucks & parts thereof. ($2.39M), Machinery, mechanical appliances, & parts ($547k), Pharmaceutical products ($334k), and Mineral fuels, mineral oils and products... ($217k). In August 2024 the top imports of South Korea from Sudan were Copper articles ($776k), Aluminum articles ($138k), Mineral fuels, mineral oils and products... ($0), Organic chemicals ($0), and Pharmaceutical products ($0).

Growth In August 2024, the increase in South Korea's year-by-year exports to Sudan was explained primarily by an increase in product exports in Electrical machinery and electronics ($562k or 27.7%), Chemical products n.e.s. ($23k or 76.7%), and Rubber & articles thereof ($13k or 13.4%). In August 2024, the decrease in South Korea's year-by-year imports  from Sudan was explained primarily by an decrease in product imports  in Copper articles ($-68k or -8.06%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)$1.17M(66.6%)
IMPORT GROWTH (August 2023 - August 2024)$-325k(-100%)

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

For full datasets download visit Bulk Download page.

Explore Sudan and South Korea Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Korea exported $128M to Sudan. The main products exported from South Korea to Sudan were Motor vehicles; parts and accessories (8701 to 8705) ($24.5M), Large Construction Vehicles ($21.2M), and Electric Batteries ($19.9M). During the last 5 years the exports of South Korea to Sudan have decreased at an annualized rate of 11.4%, from $233M in 2017 to $128M in 2022.

In 2017, Sudan exported $6.88M to South Korea. The main products exported from Sudan to South Korea were Scrap Copper ($5.24M), Raw Lead ($771k), and Scrap Aluminium ($700k). During the last 5 years the exports of Sudan to South Korea have decreased at an annualized rate of 18.8%, from $19.5M in 2022 to $6.88M in 2017.

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

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

Market Competitiveness

Color
South Korea
Top DestinationChina$150B
Sudan
Top DestinationUnited Arab Emirates$2.38B

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

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

In 2022, no countries were registered that imported more from Sudan than from South Korea.

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

Comparative Advantage South Korea - Sudan

Flow
Scale

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

During 2022, South Korea had a large net trade with Sudan in the exports of N/A.

During 2017, Sudan had a large net trade with South Korea in the exports of Metals ($6.71M), Vegetable Products ($165k), and Textiles ($2.07k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential South Korea Sudan+$8.39MMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential Sudan South Korea+$3.28MScrap Copper

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

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

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