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Pricing

2022
Flag → Flag
Exports $676kRnk 204 / 220
2022
Flag → Flag
Top Product $587kOther Plastic Products
2022
Flag → Flag
Exports $3.21kRnk 63 / 86
2022
Flag → Flag
Top Product $2.04kIntegrated Circuits
2022
Flag
Economic Complexity (ECI) ECI 1.78Rnk 4 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.74Rnk 129 / 133
2022
Flag  
GDP$1.67TCURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP GROWTH30.3%CURRENT US$
Rnk 100 / 186
2022
Flag
 GDP$12.7BCURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP GROWTH2.72%CURRENT US$
Rnk 162 / 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$717CURRENT US$
Rnk 177 / 186
2012-2022
Flag
GDP PC GROWTH-26.1%CURRENT US$
Rnk 176 / 186

About

South Korea-Chad Trade: In 2022, South Korea exported $676k to Chad. The main products that South Korea exported to Chad were Other Plastic Products ($587k), Vaccines, blood, antisera, toxins and cultures ($39.9k), and Other Office Machines ($28.3k). Over the past 5 years the exports of South Korea to Chad have decreased at an annualized rate of 14.8%, from $1.5M in 2017 to $676k in 2022.

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

Chad-South Korea Trade: In 2022, Chad exported $3.21k to South Korea. The main products that Chad exported to South Korea were Integrated Circuits ($2.04k), Base Metal Watches ($473), and Non-Knit Active Wear ($221). Over the past 5 years the exports of Chad to South Korea have decreased at an annualized rate of 36.2%,  from $30.4k in 2017 to $3.21k in 2022.

In 2022, Chad 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, Chad ranked 129 in the Economic Complexity Index (ECI -1.74), and 130 in total exports ($4.39B).

Latest Trends

August, 2024

About

Overview In August 2024, South Korea exported $165k and imported $393k from Chad, resulting in a negative trade balance of $228k. Between August 2023 and August 2024 the exports of South Korea have decreased by $-259k (-61.1%) from $424k to $165k, while imports increased by $392k (39.2k%) from $1k to $393k.

Trade In August 2024, the top exports of South Korea to Chad were Chemical products n.e.s. ($16k), Optical, photo, & film equipment; medical... ($7k), Used clothes & textile articles ($0), and Cars, tractors, trucks & parts thereof. ($0). In August 2024 the top imports of South Korea from Chad were Chemical products n.e.s. ($0), Used clothes & textile articles ($0), Cars, tractors, trucks & parts thereof. ($0), and Optical, photo, & film equipment; medical... ($0).

Growth In August 2024, the decrease in South Korea's year-by-year exports to Chad was explained primarily by an decrease in product exports in . In August 2024, the increase in South Korea's year-by-year imports  from Chad was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)$-259k(-61.1%)
IMPORT GROWTH (August 2023 - August 2024)$392k(39.2k%)

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

For full datasets download visit Bulk Download page.

Explore Chad and South Korea Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Korea exported $676k to Chad. The main products exported from South Korea to Chad were Other Plastic Products ($587k), Vaccines, blood, antisera, toxins and cultures ($39.9k), and Other Office Machines ($28.3k). During the last 5 years the exports of South Korea to Chad have decreased at an annualized rate of 14.8%, from $1.5M in 2017 to $676k in 2022.

In 2017, Chad exported $3.21k to South Korea. The main products exported from Chad to South Korea were Integrated Circuits ($2.04k), Base Metal Watches ($473), and Non-Knit Active Wear ($221). During the last 5 years the exports of Chad to South Korea have decreased at an annualized rate of 36.2%, from $30.4k in 2022 to $3.21k in 2017.

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

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

Market Competitiveness

Color
South Korea
Top DestinationChina$150B
Chad
Top DestinationGermany$1.1B

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

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

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

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

Comparative Advantage South Korea - Chad

Flow
Scale

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

During 2022, South Korea had a large net trade with Chad in the exports of Plastics and Rubbers ($587k), Chemical Products ($39.9k), and Machines ($30.1k).

During 2017, Chad had a large net trade with South Korea in the exports of Machines ($2.04k), Instruments ($578), and Textiles ($338).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential South Korea Chad+$329kLaboratory Reagents
Top Product Potential Chad South Korea+$15.1kIntegrated Circuits

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

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

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