Tunisia (TUN) and South Korea (KOR) Trade | The Observatory of Economic Complexity

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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 1.35%, 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

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 1.35%, from $184M in 2022 to $167M in 2017.

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

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

Latest Data

Trade between Tunisia () and South Korea ()

Tunisia Exports

Date

South Korea Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Tunisia
Top DestinationFrance$4.8B

South Korea
Top DestinationChina$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 () and Tunisia () (2022)

Comparative Advantage Tunisia - South Korea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

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

Year

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.

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Tunisia () and South Korea ()

Tunisia Exports

South Korea Exports

Market Competitiveness

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

Comparative Advantage Tunisia - South Korea

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Tunisia () and South Korea () (2022)

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