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2022
Flag → Flag
Exports $359MRnk 80 / 220
2022
Flag → Flag
Top Product $219MCars
2022
Flag → Flag
Exports $1.19MRnk 50 / 126
2022
Flag → Flag
Top Product $523kRefined Petroleum
2022
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Economic Complexity (ECI) ECI 1.78Rnk 4 / 133
2022
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Economic Complexity (ECI) ECI -0.12Rnk 70 / 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$10.9BCURRENT US$
Rnk 143 / 186
2012-2022
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GDP GROWTH65.5%CURRENT US$
Rnk 35 / 186
2022
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GDP PC $32,255CURRENT US$
Rnk 33 / 186
2012-2022
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GDP PC GROWTH26.7%CURRENT US$
Rnk 70 / 186
2022
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GDP PC$1,607CURRENT US$
Rnk 153 / 186
2012-2022
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GDP PC GROWTH36.4%CURRENT US$
Rnk 56 / 186

About

South Korea-Kyrgyzstan Trade: In 2022, South Korea exported $359M to Kyrgyzstan. The main products that South Korea exported to Kyrgyzstan were Cars ($219M), Beauty Products ($47.2M), and Motor vehicles; parts and accessories (8701 to 8705) ($16.9M). Over the past 5 years the exports of South Korea to Kyrgyzstan have increased at an annualized rate of 32.9%, from $86.7M in 2017 to $359M in 2022.

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

Kyrgyzstan-South Korea Trade: In 2022, Kyrgyzstan exported $1.19M to South Korea. The main products that Kyrgyzstan exported to South Korea were Refined Petroleum ($523k), Dried Vegetables ($183k), and Honey ($153k). Over the past 5 years the exports of Kyrgyzstan to South Korea have increased at an annualized rate of 12.7%,  from $657k in 2017 to $1.19M in 2022.

In 2009, Kyrgyzstan exported services to South Korea worth $0, with being the largest in terms of value.

Comparison: In 2022,  South Korea ranked 4 in the Economic Complexity Index (ECI 1.78), and 5 in total exports ($705B). That same year, Kyrgyzstan ranked 70 in the Economic Complexity Index (ECI -0.12), and 141 in total exports ($2.5B).

Latest Trends

July, 2024

About

Overview In July 2024, South Korea exported $199M and imported $27k from Kyrgyzstan, resulting in a positive trade balance of $199M. Between July 2023 and July 2024 the exports of South Korea have increased by $90.7M (83.8%) from $108M to $199M, while imports decreased by $-122k (-81.9%) from $149k to $27k.

Trade In July 2024, the top exports of South Korea to Kyrgyzstan were Cars, tractors, trucks & parts thereof. ($41.4M), Perfumery & cosmetics ($3.8M), Machinery, mechanical appliances, & parts ($1.02M), Electrical machinery and electronics ($488k), and Knitted clothing accesories ($430k). In July 2024 the top imports of South Korea from Kyrgyzstan were Edible products of animal origin, n.e.s. ($1k), Oils seeds, oleaginous fruits, grains, straw... ($0), Animal or vegetable fats, oils, &... ($0), Preparations of cereals, flour, starch or... ($0), and Preparations of vegetables, fruit, nuts or... ($0).

Growth In July 2024, the increase in South Korea's year-by-year exports to Kyrgyzstan was explained primarily by an increase in product exports in Cars, tractors, trucks & parts thereof. ($37.8M or 1.08k%), Perfumery & cosmetics ($399k or 11.7%), and Knitted fabrics ($225k or 164%). In July 2024, the decrease in South Korea's year-by-year imports  from Kyrgyzstan was explained primarily by an decrease in product imports  in Edible products of animal origin, n.e.s. ($-3k or -75%) and Machinery, mechanical appliances, & parts ($-1k or -100%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (July 2023 - July 2024)$90.7M(83.8%)
IMPORT GROWTH (July 2023 - July 2024)$-122k(-81.9%)

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 Kyrgyzstan and South Korea trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Kyrgyzstan and South Korea Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Korea exported $359M to Kyrgyzstan. The main products exported from South Korea to Kyrgyzstan were Cars ($219M), Beauty Products ($47.2M), and Motor vehicles; parts and accessories (8701 to 8705) ($16.9M). During the last 5 years the exports of South Korea to Kyrgyzstan have increased at an annualized rate of 32.9%, from $86.7M in 2017 to $359M in 2022.

In 2017, Kyrgyzstan exported $1.19M to South Korea. The main products exported from Kyrgyzstan to South Korea were Refined Petroleum ($523k), Dried Vegetables ($183k), and Honey ($153k). During the last 5 years the exports of Kyrgyzstan to South Korea have increased at an annualized rate of 12.7%, from $657k in 2022 to $1.19M in 2017.

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

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

Market Competitiveness

Color
South Korea
Top DestinationChina$150B
Kyrgyzstan
Top DestinationRussia$1.07B

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

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

In 2022, countries that imported more from Kyrgyzstan than South Korea included Afghanistan ($21.6M), North Korea ($15k), and Anguilla ($175k).

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

Comparative Advantage South Korea - Kyrgyzstan

Flow
Scale

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

During 2022, South Korea had a large net trade with Kyrgyzstan in the exports of Transportation ($247M), Chemical Products ($55.2M), and Machines ($28.4M).

During 2017, Kyrgyzstan had a large net trade with South Korea in the exports of Mineral Products ($571k), Vegetable Products ($275k), and Animal Products ($153k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential South Korea Kyrgyzstan+$14.2MMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential Kyrgyzstan South Korea+$2.18MRefined 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 South Korea and Kyrgyzstan. This means that a dot/product with the flag of South Korea indicates it has a comparative advantage over Kyrgyzstan. Similarly, a dot/product with the flag of Kyrgyzstan indicates it has a comparative advantage over South Korea.

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

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