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

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 37.5%, from $1.97M in 2017 to $188k in 2022.

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

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 12.3%,  from $254k in 2017 to $510k in 2022.

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

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

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, 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 37.5%, from $1.97M in 2017 to $188k in 2022.

In 2017, 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 12.3%, from $254k in 2022 to $510k in 2017.

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

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

Market Competitiveness

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

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

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

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

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

Comparative Advantage South Africa - North Korea

Flow
Scale

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

During 2022, 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).

During 2017, North Korea had a large net trade with South Africa in the exports of Metals ($204k), Textiles ($126k), and Machines ($112k).

Economic Complexity

Competitive Landscape

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

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

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