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2022
Flag → Flag
Exports $167MRnk 99 / 220
2022
Flag → Flag
Top Product $62.6MCars
2022
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Exports $288MRnk 16 / 173
2022
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Top Product $189MRefined Petroleum
2022
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Economic Complexity (ECI) ECI 1.78Rnk 4 / 133
2022
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Economic Complexity (ECI) ECI 0.2Rnk 54 / 133
2022
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GDP$1.67TCURRENT US$
Rnk 13 / 186
2012-2022
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GDP GROWTH30.3%CURRENT US$
Rnk 100 / 186
2022
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 GDP$46.7BCURRENT US$
Rnk 90 / 186
2012-2022
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GDP GROWTH-1.37%CURRENT US$
Rnk 167 / 186
2022
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GDP PC $32,255CURRENT US$
Rnk 33 / 186
2012-2022
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GDP PC GROWTH26.7%CURRENT US$
Rnk 70 / 186
2022
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GDP PC$3,777CURRENT US$
Rnk 124 / 186
2012-2022
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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).

Latest Trends

October, 2024

About

Overview In October 2024, South Korea exported $12.5M and imported $10.8M from Tunisia, resulting in a positive trade balance of $1.78M. Between October 2023 and October 2024 the exports of South Korea have increased by $3.83M (44%) from $8.7M to $12.5M, while imports decreased by $-54M (-83.4%) from $64.8M to $10.8M.

Trade In October 2024, the top exports of South Korea to Tunisia were Cars, tractors, trucks & parts thereof. ($2.21M), Optical, photo, & film equipment; medical... ($1.96M), Machinery, mechanical appliances, & parts ($1.56M), Electrical machinery and electronics ($1.17M), and Plastics & articles thereof ($596k). In October 2024 the top imports of South Korea from Tunisia were Mineral fuels, mineral oils and products... ($19.1M), Fish, Crustaceans & Molluscs ($3.16M), Non-knitted clothing accesories ($3.14M), Cars, tractors, trucks & parts thereof. ($1.69M), and Knitted clothing accesories ($1.61M).

Growth In October 2024, the increase in South Korea's year-by-year exports to Tunisia was explained primarily by an increase in product exports in Optical, photo, & film equipment; medical... ($700k or 55.7%), Machinery, mechanical appliances, & parts ($688k or 79.3%), and Cars, tractors, trucks & parts thereof. ($100k or 4.74%). In October 2024, the decrease in South Korea's year-by-year imports  from Tunisia was explained primarily by an decrease in product imports  in Copper articles ($-1.55M or -64%), Plastics & articles thereof ($-687k or -42.4%), and Machinery, mechanical appliances, & parts ($-419k or -71.1%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (October 2023 - October 2024)$3.83M(44%)
IMPORT GROWTH (October 2023 - October 2024)$-54M(-83.4%)

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 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 DestinationChina$150B
Tunisia
Top DestinationFrance$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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