2023
Flag  
GDP
$48.5BCURRENT US$
Rnk 93 / 195
2013-2023
Flag
GDP GROWTH
-0.32%CURRENT US$
Rnk 171 / 195
2023
Flag
 GDP
$1.71TCURRENT US$
Rnk 14 / 195
2013-2023
Flag
GDP GROWTH
25%CURRENT US$
Rnk 127 / 195
2023
Flag
GDP PC 
$3,978CURRENT US$
Rnk 131 / 195
2013-2023
Flag
GDP PC GROWTH
-8.97%CURRENT US$
Rnk 166 / 195
2023
Flag
GDP PC
$33,121CURRENT US$
Rnk 41 / 196
2013-2023
Flag
GDP PC GROWTH
21.9%CURRENT US$
Rnk 99 / 195

About

Tunisia-South Korea Trade: In 2023, Tunisia exported $27.3M to South Korea. The main products that Tunisia exported to South Korea were Crustaceans ($7.54M), Electrical Power Accessories ($6.09M), and Insulated Wire ($4.81M). Over the past 5 years the exports of Tunisia to South Korea have decreased at an annualized rate of 18.2%, from $74.3M in 2018 to $27.3M in 2023.

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

South Korea-Tunisia Trade: In 2023, South Korea exported $194M to Tunisia. The main products that South Korea exported to Tunisia were Cars ($68.7M), Insulated Wire ($28.3M), and Large Construction Vehicles ($7.49M). Over the past 5 years the exports of South Korea to Tunisia have decreased at an annualized rate of 1.1%,  from $205M in 2018 to $194M in 2023.

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

Comparison: In 2023,  Tunisia ranked 56 in the Economic Complexity Index (ECI 0.13), and 74 in total exports ($23.1B). That same year, South Korea ranked 4 in the Economic Complexity Index (ECI 1.85), and 5 in total exports ($645B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Tunisia exported $27.3M to South Korea. The main products exported from Tunisia to South Korea were Crustaceans ($7.54M), Electrical Power Accessories ($6.09M), and Insulated Wire ($4.81M). During the last 5 years the exports of Tunisia to South Korea have decreased at an annualized rate of 18.2%, from $74.3M in 2018 to $27.3M in 2023.

In 2018, South Korea exported $194M to Tunisia. The main products exported from South Korea to Tunisia were Cars ($68.7M), Insulated Wire ($28.3M), and Large Construction Vehicles ($7.49M). During the last 5 years the exports of South Korea to Tunisia have decreased at an annualized rate of 1.1%, from $205M in 2023 to $194M in 2018.

Exports from Tunisia (Flag) to South Korea (Flag) (2023)

Exports from South Korea (Flag) to Tunisia (Flag) (2023)

Latest Data

Trade between Tunisia (Flag) and South Korea (Flag)

Tunisia Exports

South Korea Exports

Market Competitiveness

Color
Tunisia
Top Destination
France$5.19B
South Korea
Top Destination
China$162B

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

In 2023, countries that imported more from Tunisia than South Korea included Libya ($847M), Algeria ($387M), and Bangladesh ($50.4M).

In 2023, countries that imported more from South Korea than Tunisia included China ($162B), United States ($118B), and Hong Kong ($28.8B).

Difference in imports from South Korea (Flag) and Tunisia (Flag) (2023)

Comparative Advantage Tunisia - South Korea

Flow
Scale

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

During 2023, Tunisia had a large net trade with South Korea in the exports of Machines ($11.8M), Animal Products ($7.66M), and Metals ($3.98M).

During 2018, South Korea had a large net trade with Tunisia in the exports of Transportation ($77.4M), Machines ($65.2M), and Instruments ($11.3M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Tunisia South Korea+$11.5MInsulated Wire
Top Product Potential South Korea Tunisia+$25.3MCars

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Tunisia and South Korea. This means that a dot/product with the flag of Tunisia 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 Tunisia.

Product Space of Tunisia (Flag) and South Korea (Flag) (2023)

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