2022
Flag  
GDP
$113BCURRENT US$
Rnk 66 / 186
2012-2022
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GDP GROWTH
101%CURRENT US$
Rnk 13 / 186
2022
Flag
 GDP
$1.67TCURRENT US$
Rnk 13 / 186
2012-2022
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GDP GROWTH
30.3%CURRENT US$
Rnk 100 / 186
2022
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GDP PC 
$2,099CURRENT US$
Rnk 148 / 186
2012-2022
Flag
GDP PC GROWTH
62.8%CURRENT US$
Rnk 24 / 186
2022
Flag
GDP PC
$32,255CURRENT US$
Rnk 33 / 186
2012-2022
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GDP PC GROWTH
26.7%CURRENT US$
Rnk 70 / 186

About

Kenya-South Korea Trade: In 2022, Kenya exported $58.9M to South Korea. The main products that Kenya exported to South Korea were Coffee ($31.1M), Titanium Ore ($12M), and Scrap Copper ($7.11M). Over the past 5 years the exports of Kenya to South Korea have increased at an annualized rate of 17.3%, from $26.5M in 2017 to $58.9M in 2022.

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

South Korea-Kenya Trade: In 2022, South Korea exported $477M to Kenya. The main products that South Korea exported to Kenya were Refined Petroleum ($177M), Hot-Rolled Iron ($37.8M), and Ethylene Polymers ($23.5M). Over the past 5 years the exports of South Korea to Kenya have increased at an annualized rate of 16%,  from $228M in 2017 to $477M in 2022.

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

Comparison: In 2022,  Kenya ranked 87 in the Economic Complexity Index (ECI -0.5), and 115 in total exports ($7.34B). 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, Kenya exported $58.9M to South Korea. The main products exported from Kenya to South Korea were Coffee ($31.1M), Titanium Ore ($12M), and Scrap Copper ($7.11M). During the last 5 years the exports of Kenya to South Korea have increased at an annualized rate of 17.3%, from $26.5M in 2017 to $58.9M in 2022.

In 2017, South Korea exported $477M to Kenya. The main products exported from South Korea to Kenya were Refined Petroleum ($177M), Hot-Rolled Iron ($37.8M), and Ethylene Polymers ($23.5M). During the last 5 years the exports of South Korea to Kenya have increased at an annualized rate of 16%, from $228M in 2022 to $477M in 2017.

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

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

Latest Data

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

Kenya Exports

South Korea Exports

Market Competitiveness

Color
Kenya
Top Destination
United States$722M
South Korea
Top Destination
China$150B

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

In 2022, countries that imported more from Kenya than South Korea included Uganda ($677M), Rwanda ($439M), and South Sudan ($170M).

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

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

Comparative Advantage Kenya - South Korea

Flow
Scale

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

During 2022, Kenya had a large net trade with South Korea in the exports of Vegetable Products ($32.1M), Mineral Products ($12M), and Metals ($8.62M).

During 2017, South Korea had a large net trade with Kenya in the exports of Mineral Products ($190M), Plastics and Rubbers ($83.2M), and Metals ($74.4M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Kenya South Korea+$6.4MCoffee
Top Product Potential South Korea Kenya+$97.7MRefined Petroleum

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 Kenya and South Korea. This means that a dot/product with the flag of Kenya 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 Kenya.

Product Space of Kenya (Flag) and South Korea (Flag) (2022)

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