2023
Flag  
GDP
$1.07TCURRENT US$
Rnk 19 / 195
2013-2023
Flag
GDP GROWTH
41.6%CURRENT US$
Rnk 90 / 195
2023
Flag
GDP PC 
$32,094CURRENT US$
Rnk 44 / 195
2013-2023
Flag
GDP PC GROWTH
17.6%CURRENT US$
Rnk 109 / 195

About

Saudi Arabia-North Korea Trade: In 2021, Saudi Arabia exported $2.51k to North Korea. The main products that Saudi Arabia exported to North Korea were N/A. Over the past 5 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 2021.

In 2021, Saudi Arabia did not export any services to North Korea.

North Korea-Saudi Arabia Trade: In 2021, 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 5 years the exports of North Korea to Saudi Arabia have decreased at an annualized rate of 33.9%,  from $7.48M in 2016 to $946k in 2021.

In 2021, North Korea did not export any services to Saudi Arabia.

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

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Saudi Arabia exported $2.51k to North Korea. There were not main exports from Saudi Arabia to North Korea in 2021. 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 2016 to $2.51k in 2021.

In 2018, 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 5 years the exports of North Korea to Saudi Arabia have decreased at an annualized rate of 33.9%, from $7.48M in 2023 to $946k in 2018.

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

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

Latest Data

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

Saudi Arabia Exports

Market Competitiveness

Color
Saudi Arabia
Top Destination
China$64.4B
North Korea
Top Destination
China$292M

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

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

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

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

Comparative Advantage Saudi Arabia - North Korea

Flow
Scale

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

During 2021, Saudi Arabia had a large net trade with North Korea in the exports of .

During 2018, North Korea had a large net trade with Saudi Arabia in the exports of N/A.

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with