2022
Flag  
GDP
$46.7BCURRENT US$
Rnk 90 / 186
2012-2022
Flag
GDP GROWTH
-1.37%CURRENT US$
Rnk 167 / 186
2022
Flag
 GDP
$1.67TCURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP GROWTH
30.3%CURRENT US$
Rnk 100 / 186
2022
Flag
GDP PC 
$3,777CURRENT US$
Rnk 124 / 186
2012-2022
Flag
GDP PC GROWTH
-10.8%CURRENT US$
Rnk 164 / 186
2022
Flag
GDP PC
$32,255CURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP PC GROWTH
26.7%CURRENT US$
Rnk 70 / 186

About

Tunisia-South Korea Trade: In 2022, Tunisia exported $288M to South Korea. The main products that Tunisia exported to South Korea were Refined Petroleum ($189M), Fish Fillets ($12.6M), and Other Plastic Products ($9.29M). Over the past 5 years the exports of Tunisia to South Korea have increased at an annualized rate of 41.6%, from $50.6M in 2017 to $288M in 2022.

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

South Korea-Tunisia Trade: In 2022, South Korea exported $167M to Tunisia. The main products that South Korea exported to Tunisia were Cars ($62.6M), Polyacetals ($6.72M), and Large Construction Vehicles ($5.26M). Over the past 5 years the exports of South Korea to Tunisia have decreased at an annualized rate of 1.89%,  from $184M in 2017 to $167M in 2022.

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

Comparison: In 2022,  Tunisia ranked 54 in the Economic Complexity Index (ECI 0.2), and 76 in total exports ($21.6B). That same year, South Korea ranked 4 in the Economic Complexity Index (ECI 1.78), and 5 in total exports ($705B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Tunisia exported $288M to South Korea. The main products exported from Tunisia to South Korea were Refined Petroleum ($189M), Fish Fillets ($12.6M), and Other Plastic Products ($9.29M). During the last 5 years the exports of Tunisia to South Korea have increased at an annualized rate of 41.6%, from $50.6M in 2017 to $288M in 2022.

In 2017, South Korea exported $167M to Tunisia. The main products exported from South Korea to Tunisia were Cars ($62.6M), Polyacetals ($6.72M), and Large Construction Vehicles ($5.26M). During the last 5 years the exports of South Korea to Tunisia have decreased at an annualized rate of 1.89%, from $184M in 2022 to $167M in 2017.

Exports from Tunisia (Flag) to South Korea (Flag) (2022)

Exports from South Korea (Flag) to Tunisia (Flag) (2022)

Latest Data

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

Tunisia Exports

South Korea Exports

Market Competitiveness

Color
Tunisia
Top Destination
France$4.8B
South Korea
Top Destination
China$150B

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 2022, countries that imported more from Tunisia than South Korea included Libya ($793M), Algeria ($329M), and Namibia ($25.9M).

In 2022, countries that imported more from South Korea than Tunisia included China ($150B), United States ($112B), and Vietnam ($60.7B).

Difference in imports from South Korea (Flag) and Tunisia (Flag) (2022)

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 2022, Tunisia had a large net trade with South Korea in the exports of Mineral Products ($189M), Textiles ($28.9M), and Animal Products ($25M).

During 2017, South Korea had a large net trade with Tunisia in the exports of Transportation ($69.1M), Machines ($39.1M), and Plastics and Rubbers ($20.3M).

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) (2022)

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