2022
Flag
 GDP
$406BCURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP GROWTH
-6.57%CURRENT US$
Rnk 171 / 186
2022
Flag
GDP PC
$6,776CURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP PC GROWTH
-17.1%CURRENT US$
Rnk 167 / 186

About

North Korea-South Africa Trade: In 2022, North Korea exported $510k to South Africa. The main products that North Korea exported to South Africa were Copper Bars ($184k), Synthetic Filament Yarn Woven Fabric ($110k), and Other Electrical Machinery ($44.3k). Over the past 5 years the exports of North Korea to South Africa have increased at an annualized rate of 15%, from $254k in 2017 to $510k in 2022.

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

South Africa-North Korea Trade: In 2022, South Africa exported $188k to North Korea. The main products that South Africa exported to North Korea were Industrial Furnaces ($143k), Leather of Other Animals ($27.6k), and Manganese Oxides ($15.1k). Over the past 5 years the exports of South Africa to North Korea have decreased at an annualized rate of 32.4%,  from $1.97M in 2017 to $188k in 2022.

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

Comparison In 2022,  North Korea ranked 182 in total exports ($248M), and does not have data regarding Economic Complexity Index. That same year, South Africa ranked 59 in the Economic Complexity Index (ECI 0.076), and 34 in total exports ($147B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, North Korea exported $510k to South Africa. The main products exported from North Korea to South Africa were Copper Bars ($184k), Synthetic Filament Yarn Woven Fabric ($110k), and Other Electrical Machinery ($44.3k). During the last 5 years the exports of North Korea to South Africa have increased at an annualized rate of 15%, from $254k in 2017 to $510k in 2022.

In 2017, South Africa exported $188k to North Korea. The main products exported from South Africa to North Korea were Industrial Furnaces ($143k), Leather of Other Animals ($27.6k), and Manganese Oxides ($15.1k). During the last 5 years the exports of South Africa to North Korea have decreased at an annualized rate of 32.4%, from $1.97M in 2022 to $188k in 2017.

Exports from North Korea (Flag) to South Africa (Flag) (2022)

Exports from South Africa (Flag) to North Korea (Flag) (2022)

Latest Data

Trade between North Korea (Flag) and South Africa (Flag)

South Africa Exports

Market Competitiveness

Color
North Korea
Top Destination
China$131M
South Africa
Top Destination
China$23.4B

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

In 2022, no countries were registered that imported more from North Korea than from South Africa.

In 2022, countries that imported more from South Africa than North Korea included China ($23.4B), United States ($10.9B), and Germany ($9.96B).

Difference in imports from South Africa (Flag) and North Korea (Flag) (2022)

Comparative Advantage North Korea - South Africa

Flow
Scale

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

During 2022, North Korea had a large net trade with South Africa in the exports of Metals ($204k), Textiles ($126k), and Machines ($112k).

During 2017, South Africa had a large net trade with North Korea in the exports of Machines ($145k), Animal Hides ($27.6k), and Chemical Products ($15.1k).

Economic Complexity

Competitive Landscape

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

Product Space of North Korea (Flag) and South Africa (Flag) (2022)

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