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2023
Flag → Flag
Exports $946kRnk 23 / 82
2023
Flag → Flag
Top Product $160kPolycarboxylic Acids
2023
Flag → Flag
Exports $2.51kRnk 54 / 0
2023
Flag
Economic Complexity (ECI) ECI 0.76Rnk 36 / 132
2023
Flag
 GDP$1.07TCURRENT US$
Rnk 19 / 195
2013-2023
Flag
GDP GROWTH41.6%CURRENT US$
Rnk 90 / 195
2023
Flag
GDP PC$32,094CURRENT US$
Rnk 44 / 196
2013-2023
Flag
GDP PC GROWTH17.6%CURRENT US$
Rnk 109 / 195

About

North Korea-Saudi Arabia Trade: In 2023, North Korea exported $946k to Saudi Arabia. The main products that North Korea exported to Saudi Arabia were Polycarboxylic Acids ($160k), Polyacetals ($110k), and Other Rubber Products ($103k). Over the past 7 years the exports of North Korea to Saudi Arabia have decreased at an annualized rate of 23.7%, from $6.29M in 2016 to $946k in 2023.

In 2023, North Korea did not export any services to Saudi Arabia.

Saudi Arabia-North Korea Trade: In 2023, Saudi Arabia exported $2.51k to North Korea. The main products that Saudi Arabia exported to North Korea were N/A. Over the past 7 years the exports of Saudi Arabia to North Korea have decreased at an annualized rate of 73.6%,  from $1.96M in 2016 to $2.51k in 2023.

In 2023, Saudi Arabia did not export any services to North Korea.

Comparison In 2023,  North Korea ranked 172 in total exports ($397M), and does not have data regarding Economic Complexity Index. That same year, Saudi Arabia ranked 36 in the Economic Complexity Index (ECI 0.76), and 26 in total exports ($300B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, North Korea exported $946k to Saudi Arabia. The main products exported from North Korea to Saudi Arabia were Polycarboxylic Acids ($160k), Polyacetals ($110k), and Other Rubber Products ($103k). During the last 7 years the exports of North Korea to Saudi Arabia have decreased at an annualized rate of 23.7%, from $6.29M in 2016 to $946k in 2023.

In 2016, Saudi Arabia exported $2.51k to North Korea. There were not main exports from Saudi Arabia to North Korea in 2016. During the last 5 years the exports of Saudi Arabia to North Korea have decreased at an annualized rate of 73.6%, from $1.96M in 2021 to $2.51k in 2016.

Exports from North Korea (Flag) to Saudi Arabia (Flag) (2023)

Exports from Saudi Arabia (Flag) to North Korea (Flag) (2023)

Latest Data

Trade between North Korea (Flag) and Saudi Arabia (Flag)

Saudi Arabia Exports

Market Competitiveness

Color
North Korea
Top DestinationChina$292M
Saudi Arabia
Top DestinationChina$64.4B

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

In 2023, countries that imported more from North Korea than Saudi Arabia included Fiji ($3.88M), Samoa ($962k), and Grenada ($877k).

In 2023, countries that imported more from Saudi Arabia than North Korea included China ($64.4B), India ($34.8B), and Japan ($34.7B).

Difference in imports from Saudi Arabia (Flag) and North Korea (Flag) (2023)

Comparative Advantage North Korea - Saudi Arabia

Flow
Scale

This chart compares trade between North Korea and Saudi Arabia by product, considering products traded by both, North Korea and Saudi Arabia.

During 2023, North Korea had a large net trade with Saudi Arabia in the exports of Chemical Products ($376k), Plastics and Rubbers ($277k), and Machines ($115k).

During 2016, Saudi Arabia had a large net trade with North Korea in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of North Korea (Flag) and Saudi Arabia (Flag) (2023)

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