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2022
Flag → Flag
Exports $25.3MRnk 156 / 220
2022
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Top Product $6.16MCyanides
2022
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Exports $15.4MRnk 50 / 139
2022
Flag → Flag
Top Product $2.78MRaw Tobacco
2022
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Economic Complexity (ECI) ECI 1.78Rnk 4 / 133
2022
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Economic Complexity (ECI) ECI -0.74Rnk 99 / 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$20.7BCURRENT US$
Rnk 114 / 186
2012-2022
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GDP GROWTH20.8%CURRENT US$
Rnk 121 / 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$1,267CURRENT US$
Rnk 162 / 186
2012-2022
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GDP PC GROWTH-1.8%CURRENT US$
Rnk 147 / 186

About

South Korea-Zimbabwe Trade: In 2022, South Korea exported $25.3M to Zimbabwe. The main products that South Korea exported to Zimbabwe were Cyanides ($6.16M), Ethylene Polymers ($1.6M), and Laboratory Reagents ($1.42M). Over the past 5 years the exports of South Korea to Zimbabwe have decreased at an annualized rate of 1.87%, from $27.8M in 2017 to $25.3M in 2022.

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

Zimbabwe-South Korea Trade: In 2022, Zimbabwe exported $15.4M to South Korea. The main products that Zimbabwe exported to South Korea were Raw Tobacco ($2.78M), Sculptures ($195k), and Other live plants, cuttings and slips; mushroom spawn ($40.7k). Over the past 5 years the exports of Zimbabwe to South Korea have increased at an annualized rate of 30.7%,  from $4.04M in 2017 to $15.4M in 2022.

In 2022, Zimbabwe 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, Zimbabwe ranked 99 in the Economic Complexity Index (ECI -0.74), and 109 in total exports ($8.41B).

Latest Trends

April, 2024

About

Overview In April 2024, South Korea exported $1.79M and imported $2.96M from Zimbabwe, resulting in a negative trade balance of $1.17M. Between April 2023 and April 2024 the exports of South Korea have increased by $849k (90.6%) from $937k to $1.79M, while imports increased by $268k (9.97%) from $2.69M to $2.96M.

Trade In April 2024, the top exports of South Korea to Zimbabwe were Pharmaceutical products ($626k), Inorganic chemicals ($229k), Electrical machinery and electronics ($223k), Plastics & articles thereof ($117k), and Cars, tractors, trucks & parts thereof. ($99k). In April 2024 the top imports of South Korea from Zimbabwe were Tobacco & substitutes ($1.05M), Live trees, plants, bulbs, cut flowers,... ($7k), Electrical machinery and electronics ($3k), Oils seeds, oleaginous fruits, grains, straw... ($0), and Inorganic chemicals ($0).

Growth In April 2024, the increase in South Korea's year-by-year exports to Zimbabwe was explained primarily by an increase in product exports in Pharmaceutical products ($300k or 92%), Electrical machinery and electronics ($103k or 85.8%), and Soap, cleaners, candles, dental, modelling pastes ($87k or 870%). In April 2024, the increase in South Korea's year-by-year imports  from Zimbabwe was explained primarily by an increase in product imports  in Tobacco & substitutes ($610k or 138%) and Live trees, plants, bulbs, cut flowers,... ($5k or 250%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (April 2023 - April 2024)$849k(90.6%)
IMPORT GROWTH (April 2023 - April 2024)$268k(9.97%)

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 Zimbabwe 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 $25.3M to Zimbabwe. The main products exported from South Korea to Zimbabwe were Cyanides ($6.16M), Ethylene Polymers ($1.6M), and Laboratory Reagents ($1.42M). During the last 5 years the exports of South Korea to Zimbabwe have decreased at an annualized rate of 1.87%, from $27.8M in 2017 to $25.3M in 2022.

In 2017, Zimbabwe exported $15.4M to South Korea. The main products exported from Zimbabwe to South Korea were Raw Tobacco ($2.78M), Sculptures ($195k), and Other live plants, cuttings and slips; mushroom spawn ($40.7k). During the last 22 years the exports of Zimbabwe to South Korea have increased at an annualized rate of 30.7%, from $4.04M in 1995 to $15.4M in 2017.

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

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

Market Competitiveness

Color
South Korea
Top DestinationChina$150B
Zimbabwe
Top DestinationUnited Arab Emirates$4.78B

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

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

In 2022, countries that imported more from Zimbabwe than South Korea included United Arab Emirates ($4.78B), South Africa ($1.47B), and Zambia ($102M).

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

Comparative Advantage South Korea - Zimbabwe

Flow
Scale

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

During 2022, South Korea had a large net trade with Zimbabwe in the exports of Chemical Products ($10.5M), Plastics and Rubbers ($4.98M), and Machines ($2.08M).

During 2017, Zimbabwe had a large net trade with South Korea in the exports of Foodstuffs ($2.78M), Arts and Antiques ($204k), and Vegetable Products ($85.3k).

Economic Complexity

Competitive Landscape

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

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

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