2023
Flag
 GDP
$381BCURRENT US$
Rnk 40 / 195
2013-2023
Flag
GDP GROWTH
-5.04%CURRENT US$
Rnk 177 / 195
2023
Flag
GDP PC
$6,023CURRENT US$
Rnk 113 / 196
2013-2023
Flag
GDP PC GROWTH
-17.9%CURRENT US$
Rnk 178 / 195

About

North Korea-South Africa Trade: In 2023, North Korea exported $6.71M to South Africa. The main products that North Korea exported to South Africa were Electric Generating Sets ($6.35M), Electrical Control Boards ($300k), and Combustion Engines ($17.2k). Over the past 5 years the exports of North Korea to South Africa have increased at an annualized rate of 80.1%, from $354k in 2018 to $6.71M in 2023.

In 2023, North Korea did not export any services to South Africa.

South Africa-North Korea Trade: In 2023, South Africa exported $4.13k to North Korea. The main products that South Africa exported to North Korea were Paintings ($4.13k). Over the past 5 years the exports of South Africa to North Korea have decreased at an annualized rate of 68.3%,  from $1.29M in 2018 to $4.13k in 2023.

In 2023, South Africa 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, South Africa ranked 59 in the Economic Complexity Index (ECI 0.07), and 34 in total exports ($154B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, North Korea exported $6.71M to South Africa. The main products exported from North Korea to South Africa were Electric Generating Sets ($6.35M), Electrical Control Boards ($300k), and Combustion Engines ($17.2k). During the last 8 years the exports of North Korea to South Africa have increased at an annualized rate of 9.49%, from $27.2k in 2014 to $6.71M in 2023.

In 2018, South Africa exported $4.13k to North Korea. The main products exported from South Africa to North Korea were Paintings ($4.13k). During the last 5 years the exports of South Africa to North Korea have decreased at an annualized rate of 11.7%, from $1.23M in 2023 to $4.13k in 2018.

Exports from North Korea (Flag) to South Africa (Flag) (2023)

Exports from South Africa (Flag) to North Korea (Flag) (2023)

Latest Data

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

South Africa Exports

Market Competitiveness

Color
North Korea
Top Destination
China$292M
South Africa
Top Destination
China$29.5B

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 2023, countries that imported more from North Korea than South Africa included Fiji ($3.88M) and Samoa ($962k).

In 2023, countries that imported more from South Africa than North Korea included China ($29.5B), United States ($13B), and Germany ($10.8B).

Difference in imports from South Africa (Flag) and North Korea (Flag) (2023)

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 2023, North Korea had a large net trade with South Africa in the exports of Machines ($6.69M), Metals ($12.2k), and Instruments ($3.63k).

During 2018, South Africa had a large net trade with North Korea in the exports of Arts and Antiques ($4.13k).

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) (2023)

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