Burma (MMR) and South Korea (KOR) Trade | The Observatory of Economic Complexity

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Burma-South Korea Trade: In 2022, Burma exported $613M to South Korea. The main products that Burma exported to South Korea were Non-Knit Men's Coats ($103M), Non-Knit Women's Coats ($73.2M), and Non-Knit Men's Suits ($58.8M). Over the past 5 years the exports of Burma to South Korea have increased at an annualized rate of 4.51%, from $492M in 2017 to $613M in 2022.

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

South Korea-Burma Trade: In 2022, South Korea exported $424M to Burma. The main products that South Korea exported to Burma were Beauty Products ($32.2M), Mixed Mineral or Chemical Fertilizers ($28.7M), and Light Rubberized Knitted Fabric ($24.4M). Over the past 5 years the exports of South Korea to Burma have decreased at an annualized rate of 10.8%, from $751M in 2017 to $424M in 2022.

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

Comparison: In 2022, Burma ranked 102 in the Economic Complexity Index (ECI -0.84), and 72 in total exports ($26.9B). That same year, South Korea ranked 4 in the Economic Complexity Index (ECI 1.78), and 5 in total exports ($705B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Burma exported $613M to South Korea. The main products exported from Burma to South Korea were Non-Knit Men's Coats ($103M), Non-Knit Women's Coats ($73.2M), and Non-Knit Men's Suits ($58.8M). During the last 5 years the exports of Burma to South Korea have increased at an annualized rate of 4.51%, from $492M in 2017 to $613M in 2022.

In 2017, South Korea exported $424M to Burma. The main products exported from South Korea to Burma were Beauty Products ($32.2M), Mixed Mineral or Chemical Fertilizers ($28.7M), and Light Rubberized Knitted Fabric ($24.4M). During the last 5 years the exports of South Korea to Burma have decreased at an annualized rate of 10.8%, from $751M in 2022 to $424M in 2017.

Exports from Burma () to South Korea () (2022)

Exports from South Korea () to Burma () (2022)

Latest Data

Trade between Burma () and South Korea ()

Burma Exports

Date

South Korea Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Burma
Top DestinationChina$9.62B

South Korea
Top DestinationChina$150B

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

In 2022, countries that imported more from Burma than South Korea included Norfolk Island ($251k) and Tokelau ($112k).

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

Difference in imports from South Korea () and Burma () (2022)

Comparative Advantage Burma - South Korea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Burma had a large net trade with South Korea in the exports of Textiles ($474M), Footwear and Headwear ($34.5M), and Metals ($28.7M).

During 2017, South Korea had a large net trade with Burma in the exports of Textiles ($99.9M), Chemical Products ($96.2M), and Machines ($68M).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Burma () to South Korea () (2022)

Exports from South Korea () to Burma () (2022)

Latest Data

Trade between Burma () and South Korea ()

Burma Exports

South Korea Exports

Market Competitiveness

Difference in imports from South Korea () and Burma () (2022)

Comparative Advantage Burma - South Korea

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Burma () and South Korea () (2022)

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