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2023
Flag → Flag
Exports $194MRnk 79 / 142
2023
Flag → Flag
Top Product $68.7MCars
2023
Flag → Flag
Exports $27.3MRnk 55 / 171
2023
Flag → Flag
Top Product $7.54MCrustaceans
2023
Flag
Economic Complexity (ECI) ECI 1.85Rnk 4 / 132
2023
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Economic Complexity (ECI) ECI 0.13Rnk 56 / 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$48.5BCURRENT US$
Rnk 93 / 195
2013-2023
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GDP GROWTH-0.32%CURRENT US$
Rnk 171 / 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$3,978CURRENT US$
Rnk 131 / 196
2013-2023
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GDP PC GROWTH-8.97%CURRENT US$
Rnk 166 / 195

About

South Korea-Tunisia Trade: In 2023, South Korea exported $194M to Tunisia. The main products that South Korea exported to Tunisia were Cars ($68.7M), Insulated Wire ($28.3M), and Large Construction Vehicles ($7.49M). Over the past 5 years the exports of South Korea to Tunisia have decreased at an annualized rate of 1.1%, from $205M in 2018 to $194M in 2023.

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

Tunisia-South Korea Trade: In 2023, Tunisia exported $27.3M to South Korea. The main products that Tunisia exported to South Korea were Crustaceans ($7.54M), Electrical Power Accessories ($6.09M), and Insulated Wire ($4.81M). Over the past 5 years the exports of Tunisia to South Korea have decreased at an annualized rate of 9.53%,  from $74.3M in 2018 to $27.3M in 2023.

In 2023, Tunisia 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, Tunisia ranked 56 in the Economic Complexity Index (ECI 0.13), and 74 in total exports ($23.1B).

Latest Trends

December, 2024

About

Overview In December 2024, South Korea exported $18.5M and imported $9.94M from Tunisia, resulting in a positive trade balance of $8.58M. Between December 2023 and December 2024 the exports of South Korea have increased by $4.8M (35%) from $13.7M to $18.5M, while imports decreased by $-561k (-5.34%) from $10.5M to $9.94M.

Trade In December 2024, the top exports of South Korea to Tunisia were Electrical machinery and electronics ($2.51M), Plastics & articles thereof ($1.74M), Machinery, mechanical appliances, & parts ($1.38M), Cars, tractors, trucks & parts thereof. ($824k), and Optical, photo, & film equipment; medical... ($734k). In December 2024 the top imports of South Korea from Tunisia were Non-knitted clothing accesories ($3.29M), Copper articles ($1.88M), Knitted clothing accesories ($1.78M), Fish, Crustaceans & Molluscs ($1.33M), and Plastics & articles thereof ($885k).

Growth In December 2024, the increase in South Korea's year-by-year exports to Tunisia was explained primarily by an increase in product exports in Electrical machinery and electronics ($1.34M or 114%), Plastics & articles thereof ($1.14M or 191%), and Organic chemicals ($328k or 1.06k%). In December 2024, the decrease in South Korea's year-by-year imports  from Tunisia was explained primarily by an decrease in product imports  in Fish, Crustaceans & Molluscs ($-1.83M or -57.8%), Cars, tractors, trucks & parts thereof. ($-1.62M or -95.9%), and Electrical machinery and electronics ($-993k or -64.2%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)$4.8M(35%)
IMPORT GROWTH (December 2023 - December 2024)$-561k(-5.34%)

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

For full datasets download visit Bulk Download page.

Explore Tunisia and South Korea Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, South Korea exported $194M to Tunisia. The main products exported from South Korea to Tunisia were Cars ($68.7M), Insulated Wire ($28.3M), and Large Construction Vehicles ($7.49M). During the last 5 years the exports of South Korea to Tunisia have decreased at an annualized rate of 1.1%, from $205M in 2018 to $194M in 2023.

In 2018, Tunisia exported $27.3M to South Korea. The main products exported from Tunisia to South Korea were Crustaceans ($7.54M), Electrical Power Accessories ($6.09M), and Insulated Wire ($4.81M). During the last 5 years the exports of Tunisia to South Korea have decreased at an annualized rate of 9.53%, from $74.3M in 2023 to $27.3M in 2018.

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

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

Market Competitiveness

Color
South Korea
Top DestinationChina$162B
Tunisia
Top DestinationFrance$5.19B

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

In 2023, countries that imported more from Tunisia than South Korea included Libya ($847M), Algeria ($387M), and Bangladesh ($50.4M).

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

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 2023, South Korea had a large net trade with Tunisia in the exports of Transportation ($77.4M), Machines ($65.2M), and Instruments ($11.3M).

During 2018, Tunisia had a large net trade with South Korea in the exports of Machines ($11.8M), Animal Products ($7.66M), and Metals ($3.98M).

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) (2023)

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