2022
Flag  
GDP
$1.67TCURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP GROWTH
30.3%CURRENT US$
Rnk 100 / 186
2022
Flag
 GDP
$46.7BCURRENT US$
Rnk 90 / 186
2012-2022
Flag
GDP GROWTH
-1.37%CURRENT US$
Rnk 167 / 186
2022
Flag
GDP PC 
$32,255CURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP PC GROWTH
26.7%CURRENT US$
Rnk 70 / 186
2022
Flag
GDP PC
$3,777CURRENT US$
Rnk 124 / 186
2012-2022
Flag
GDP PC GROWTH
-10.8%CURRENT US$
Rnk 164 / 186

About

South Korea-Tunisia Trade: In 2022, South Korea exported $167M to Tunisia. The main products that South Korea exported to Tunisia were Cars ($62.6M), Polyacetals ($6.72M), and Large Construction Vehicles ($5.26M). Over the past 5 years the exports of South Korea to Tunisia have decreased at an annualized rate of 1.89%, from $184M in 2017 to $167M in 2022.

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

Tunisia-South Korea Trade: In 2022, Tunisia exported $288M to South Korea. The main products that Tunisia exported to South Korea were Refined Petroleum ($189M), Fish Fillets ($12.6M), and Other Plastic Products ($9.29M). Over the past 5 years the exports of Tunisia to South Korea have increased at an annualized rate of 41.6%,  from $50.6M in 2017 to $288M in 2022.

In 2022, Tunisia 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, Tunisia ranked 54 in the Economic Complexity Index (ECI 0.2), and 76 in total exports ($21.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Korea exported $167M to Tunisia. The main products exported from South Korea to Tunisia were Cars ($62.6M), Polyacetals ($6.72M), and Large Construction Vehicles ($5.26M). During the last 5 years the exports of South Korea to Tunisia have decreased at an annualized rate of 1.89%, from $184M in 2017 to $167M in 2022.

In 2017, Tunisia exported $288M to South Korea. The main products exported from Tunisia to South Korea were Refined Petroleum ($189M), Fish Fillets ($12.6M), and Other Plastic Products ($9.29M). During the last 5 years the exports of Tunisia to South Korea have increased at an annualized rate of 41.6%, from $50.6M in 2022 to $288M in 2017.

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

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

Market Competitiveness

Color
South Korea
Top Destination
China$150B
Tunisia
Top Destination
France$4.8B

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

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

In 2022, countries that imported more from Tunisia than South Korea included Libya ($793M), Algeria ($329M), and Namibia ($25.9M).

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

Comparative Advantage South Korea - Tunisia

Flow
Scale

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

During 2022, South Korea had a large net trade with Tunisia in the exports of Transportation ($69.1M), Machines ($39.1M), and Plastics and Rubbers ($20.3M).

During 2017, Tunisia had a large net trade with South Korea in the exports of Mineral Products ($189M), Textiles ($28.9M), and Animal Products ($25M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential South Korea Tunisia+$25.3MCars
Top Product Potential Tunisia South Korea+$11.5MInsulated Wire

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

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

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