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2022
Flag → Flag
Exports $835MRnk 60 / 220
2022
Flag → Flag
Top Product $556MCars
2022
Flag → Flag
Exports $142MRnk 23 / 164
2022
Flag → Flag
Top Product $72.9MPhenol Derivatives
2022
Flag
Economic Complexity (ECI) ECI 1.78Rnk 4 / 133
2022
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Economic Complexity (ECI) ECI 0.049Rnk 63 / 133
2022
Flag  
GDP$1.67TCURRENT US$
Rnk 13 / 186
2012-2022
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GDP GROWTH30.3%CURRENT US$
Rnk 100 / 186
2022
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 GDP$47.5BCURRENT US$
Rnk 89 / 186
2012-2022
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GDP GROWTH50%CURRENT US$
Rnk 61 / 186
2022
Flag
GDP PC $32,255CURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP PC GROWTH26.7%CURRENT US$
Rnk 70 / 186
2022
Flag
GDP PC$4,205CURRENT US$
Rnk 119 / 186
2012-2022
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GDP PC GROWTH-4.15%CURRENT US$
Rnk 152 / 186

About

South Korea-Jordan Trade: In 2022, South Korea exported $835M to Jordan. The main products that South Korea exported to Jordan were Cars ($556M), Delivery Trucks ($50.4M), and Motor vehicles; parts and accessories (8701 to 8705) ($23.9M). Over the past 5 years the exports of South Korea to Jordan have increased at an annualized rate of 0.84%, from $801M in 2017 to $835M in 2022.

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

Jordan-South Korea Trade: In 2022, Jordan exported $142M to South Korea. The main products that Jordan exported to South Korea were Phenol Derivatives ($72.9M), Scrap Copper ($23.8M), and Non-Iron and Steel Slag, Ash and Residues ($11.5M). Over the past 5 years the exports of Jordan to South Korea have increased at an annualized rate of 7.29%,  from $75.3M in 2017 to $142M in 2022.

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

Comparison: In 2022,  South Korea ranked 4 in the Economic Complexity Index (ECI 1.78), and 5 in total exports ($705B). That same year, Jordan ranked 63 in the Economic Complexity Index (ECI 0.049), and 85 in total exports ($15.9B).

Latest Trends

July, 2024

About

Overview In July 2024, South Korea exported $48.6M and imported $6.82M from Jordan, resulting in a positive trade balance of $41.8M. Between July 2023 and July 2024 the exports of South Korea have decreased by $-13.7M (-22%) from $62.3M to $48.6M, while imports increased by $433k (6.78%) from $6.38M to $6.82M.

Trade In July 2024, the top exports of South Korea to Jordan were Cars, tractors, trucks & parts thereof. ($41.4M), Pharmaceutical products ($5.34M), Machinery, mechanical appliances, & parts ($2.43M), Organic chemicals ($1.14M), and Knitted fabrics ($1.02M). In July 2024 the top imports of South Korea from Jordan were Organic chemicals ($2.3M), Knitted clothing accesories ($923k), Aluminum articles ($919k), Copper articles ($393k), and Inorganic chemicals ($365k).

Growth In July 2024, the decrease in South Korea's year-by-year exports to Jordan was explained primarily by an decrease in product exports in Plastics & articles thereof ($-2.98M or -82.8%), Optical, photo, & film equipment; medical... ($-409k or -71.9%), and Iron & steel ($-251k or -100%). In July 2024, the increase in South Korea's year-by-year imports  from Jordan was explained primarily by an increase in product imports  in Aluminum articles ($630k or 218%), Knitted clothing accesories ($601k or 187%), and Inorganic chemicals ($60k or 19.7%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (July 2023 - July 2024)$-13.7M(-22%)
IMPORT GROWTH (July 2023 - July 2024)$433k(6.78%)

This section shows exports and imports data at subnational level for South Korea. Click any date in the line plot or any product to explore the exports or imports behavior of South Korea over time.

To check Jordan and South Korea trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Jordan and South Korea Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Korea exported $835M to Jordan. The main products exported from South Korea to Jordan were Cars ($556M), Delivery Trucks ($50.4M), and Motor vehicles; parts and accessories (8701 to 8705) ($23.9M). During the last 5 years the exports of South Korea to Jordan have increased at an annualized rate of 0.84%, from $801M in 2017 to $835M in 2022.

In 2017, Jordan exported $142M to South Korea. The main products exported from Jordan to South Korea were Phenol Derivatives ($72.9M), Scrap Copper ($23.8M), and Non-Iron and Steel Slag, Ash and Residues ($11.5M). During the last 5 years the exports of Jordan to South Korea have increased at an annualized rate of 7.29%, from $75.3M in 2022 to $142M in 2017.

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

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

Market Competitiveness

Color
South Korea
Top DestinationChina$150B
Jordan
Top DestinationUnited States$3.28B

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

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

In 2022, countries that imported more from Jordan than South Korea included Palestine ($355M), Syria ($147M), and Nepal ($128M).

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

Comparative Advantage South Korea - Jordan

Flow
Scale

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

During 2022, South Korea had a large net trade with Jordan in the exports of Transportation ($646M), Chemical Products ($45M), and Plastics and Rubbers ($42.7M).

During 2017, Jordan had a large net trade with South Korea in the exports of Chemical Products ($76.9M), Metals ($32.2M), and Mineral Products ($18.8M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential South Korea Jordan+$12.1MMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential Jordan South Korea+$3.9MPrecious Metal Scraps

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 South Korea and Jordan. This means that a dot/product with the flag of South Korea indicates it has a comparative advantage over Jordan. Similarly, a dot/product with the flag of Jordan indicates it has a comparative advantage over South Korea.

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

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