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Pricing

2022
Flag → Flag
Exports $27.1MRnk 148 / 220
2022
Flag → Flag
Top Product $6.63MPackaged Medicaments
2022
Flag → Flag
Exports $12.6MRnk 32 / 127
2022
Flag → Flag
Top Product $11MCoffee
2022
Flag
Economic Complexity (ECI) ECI 1.78Rnk 4 / 133
2022
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Economic Complexity (ECI) ECI -0.85Rnk 105 / 133
2022
Flag  
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$45.6BCURRENT US$
Rnk 92 / 186
2012-2022
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GDP GROWTH66.8%CURRENT US$
Rnk 32 / 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$964CURRENT US$
Rnk 170 / 186
2012-2022
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GDP PC GROWTH21%CURRENT US$
Rnk 83 / 186

About

South Korea-Uganda Trade: In 2022, South Korea exported $27.1M to Uganda. The main products that South Korea exported to Uganda were Packaged Medicaments ($6.63M), Vaccines, blood, antisera, toxins and cultures ($5.75M), and Other Plastic Products ($4.53M). Over the past 5 years the exports of South Korea to Uganda have decreased at an annualized rate of 0.11%, from $27.3M in 2017 to $27.1M in 2022.

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

Uganda-South Korea Trade: In 2022, Uganda exported $12.6M to South Korea. The main products that Uganda exported to South Korea were Coffee ($11M), Raw Tobacco ($883k), and Other live plants, cuttings and slips; mushroom spawn ($374k). Over the past 5 years the exports of Uganda to South Korea have increased at an annualized rate of 14.1%,  from $6.49M in 2017 to $12.6M in 2022.

In 2022, Uganda 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, Uganda ranked 105 in the Economic Complexity Index (ECI -0.85), and 135 in total exports ($3.99B).

Latest Trends

October, 2024

About

Overview In October 2024, South Korea exported $2.37M and imported $2.24M from Uganda, resulting in a positive trade balance of $132k. Between October 2023 and October 2024 the exports of South Korea have increased by $1.96M (481%) from $408k to $2.37M, while imports increased by $2.03M (975%) from $208k to $2.24M.

Trade In October 2024, the top exports of South Korea to Uganda were Pharmaceutical products ($279k), Plastics & articles thereof ($202k), Food residues & wastes; animal fodder ($157k), Machinery, mechanical appliances, & parts ($132k), and Aluminum articles ($49k). In October 2024 the top imports of South Korea from Uganda were Coffee, tea, mate & spices ($2.19M), Tobacco & substitutes ($564k), Live trees, plants, bulbs, cut flowers,... ($10k), Sugars & confectioneries ($1k), and Used clothes & textile articles ($1k).

Growth In October 2024, the increase in South Korea's year-by-year exports to Uganda was explained primarily by an increase in product exports in Pharmaceutical products ($258k or 1.23k%), Plastics & articles thereof ($156k or 339%), and Cars, tractors, trucks & parts thereof. ($4k or 200%). In October 2024, the increase in South Korea's year-by-year imports  from Uganda was explained primarily by an increase in product imports  in Coffee, tea, mate & spices ($1.84M or 526%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (October 2023 - October 2024)$1.96M(481%)
IMPORT GROWTH (October 2023 - October 2024)$2.03M(975%)

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

For full datasets download visit Bulk Download page.

Explore Uganda and South Korea Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Korea exported $27.1M to Uganda. The main products exported from South Korea to Uganda were Packaged Medicaments ($6.63M), Vaccines, blood, antisera, toxins and cultures ($5.75M), and Other Plastic Products ($4.53M). During the last 5 years the exports of South Korea to Uganda have decreased at an annualized rate of 0.11%, from $27.3M in 2017 to $27.1M in 2022.

In 2017, Uganda exported $12.6M to South Korea. The main products exported from Uganda to South Korea were Coffee ($11M), Raw Tobacco ($883k), and Other live plants, cuttings and slips; mushroom spawn ($374k). During the last 5 years the exports of Uganda to South Korea have increased at an annualized rate of 14.1%, from $6.49M in 2022 to $12.6M in 2017.

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

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

Market Competitiveness

Color
South Korea
Top DestinationChina$150B
Uganda
Top DestinationUnited Arab Emirates$1.22B

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

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

In 2022, countries that imported more from Uganda than South Korea included Burundi ($71.8M).

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

Comparative Advantage South Korea - Uganda

Flow
Scale

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

During 2022, South Korea had a large net trade with Uganda in the exports of Chemical Products ($12.7M), Plastics and Rubbers ($5.21M), and Machines ($4.09M).

During 2017, Uganda had a large net trade with South Korea in the exports of Vegetable Products ($11.5M), Foodstuffs ($886k), and Precious Metals ($107k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential South Korea Uganda+$4.8MVaccines, blood, antisera, toxins and cultures
Top Product Potential Uganda South Korea+$9.06MCoffee

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

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

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