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2022
Flag → Flag
Exports $44.1MRnk 161 / 220
2022
Flag → Flag
Top Product $2.91MNon-Retail Synthetic Filament Yarn
2022
Flag → Flag
Exports $147MRnk 19 / 128
2022
Flag → Flag
Top Product $37.8MRefined Copper
2022
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Economic Complexity (ECI) ECI 1.78Rnk 4 / 133
2022
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Economic Complexity (ECI) ECI -0.7Rnk 96 / 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$29.8BCURRENT US$
Rnk 104 / 186
2012-2022
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GDP GROWTH16.8%CURRENT US$
Rnk 130 / 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$1,488CURRENT US$
Rnk 158 / 186
2012-2022
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GDP PC GROWTH-14%CURRENT US$
Rnk 165 / 186

About

South Korea-Zambia Trade: In 2022, South Korea exported $44.1M to Zambia. The main products that South Korea exported to Zambia were Non-Retail Synthetic Filament Yarn ($2.91M), Other Plastic Products ($2.75M), and Ethylene Polymers ($1.11M). Over the past 5 years the exports of South Korea to Zambia have increased at an annualized rate of 53.7%, from $5.15M in 2017 to $44.1M in 2022.

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

Zambia-South Korea Trade: In 2022, Zambia exported $147M to South Korea. The main products that Zambia exported to South Korea were Refined Copper ($37.8M), Precipitated Copper ($25.7M), and Precious Metal Scraps ($14.9M). Over the past 5 years the exports of Zambia to South Korea have increased at an annualized rate of 64.5%,  from $12.2M in 2017 to $147M in 2022.

In 2022, Zambia 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, Zambia ranked 96 in the Economic Complexity Index (ECI -0.7), and 88 in total exports ($14.8B).

Latest Trends

April, 2024

About

Overview In April 2024, South Korea exported $2.27M and imported $31k from Zambia, resulting in a positive trade balance of $2.24M. Between April 2023 and April 2024 the exports of South Korea have increased by $1.28M (129%) from $993k to $2.27M, while imports decreased by $-14.4M (-99.8%) from $14.4M to $31k.

Trade In April 2024, the top exports of South Korea to Zambia were Plastics & articles thereof ($373k), Man-made filaments ($361k), Man-made staple fibres ($260k), Electrical machinery and electronics ($78k), and Machinery, mechanical appliances, & parts ($66k). In April 2024 the top imports of South Korea from Zambia were Copper articles ($6.79M), Precious stones, metals, & pearls ($1.32M), Oils seeds, oleaginous fruits, grains, straw... ($0), Pharmaceutical products ($0), and Perfumery & cosmetics ($0).

Growth In April 2024, the increase in South Korea's year-by-year exports to Zambia was explained primarily by an increase in product exports in Man-made staple fibres ($224k or 622%), Plastics & articles thereof ($179k or 92.3%), and Man-made filaments ($114k or 46.2%). In April 2024, the decrease in South Korea's year-by-year imports  from Zambia was explained primarily by an decrease in product imports  in Copper articles ($-959k or -12.4%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (April 2023 - April 2024)$1.28M(129%)
IMPORT GROWTH (April 2023 - April 2024)$-14.4M(-99.8%)

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

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Korea exported $44.1M to Zambia. The main products exported from South Korea to Zambia were Non-Retail Synthetic Filament Yarn ($2.91M), Other Plastic Products ($2.75M), and Ethylene Polymers ($1.11M). During the last 5 years the exports of South Korea to Zambia have increased at an annualized rate of 53.7%, from $5.15M in 2017 to $44.1M in 2022.

In 2017, Zambia exported $147M to South Korea. The main products exported from Zambia to South Korea were Refined Copper ($37.8M), Precipitated Copper ($25.7M), and Precious Metal Scraps ($14.9M). During the last 22 years the exports of Zambia to South Korea have increased at an annualized rate of 64.5%, from $12.2M in 1995 to $147M in 2017.

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

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

Market Competitiveness

Color
South Korea
Top DestinationChina$150B
Zambia
Top DestinationSwitzerland$4.5B

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

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

In 2022, countries that imported more from Zambia than South Korea included Switzerland ($4.5B), Pitcairn Islands ($1.49B), and Democratic Republic of the Congo ($1.51B).

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

Comparative Advantage South Korea - Zambia

Flow
Scale

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

During 2022, South Korea had a large net trade with Zambia in the exports of Plastics and Rubbers ($5M), Textiles ($4.11M), and Machines ($2.08M).

During 2017, Zambia had a large net trade with South Korea in the exports of Metals ($63.6M), Precious Metals ($14.9M), and Vegetable Products ($23.1k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of South Korea and Zambia. This means that a dot/product with the flag of South Korea indicates it has a comparative advantage over Zambia. Similarly, a dot/product with the flag of Zambia indicates it has a comparative advantage over South Korea.

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

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