2022
Flag  
GDP
$3.07BCURRENT US$
Rnk 161 / 186
2012-2022
Flag
GDP GROWTH
31.7%CURRENT US$
Rnk 94 / 186
2022
Flag
 GDP
$1.67TCURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP GROWTH
30.3%CURRENT US$
Rnk 100 / 186
2022
Flag
GDP PC 
$238CURRENT US$
Rnk 186 / 186
2012-2022
Flag
GDP PC GROWTH
0.099%CURRENT US$
Rnk 140 / 186
2022
Flag
GDP PC
$32,255CURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP PC GROWTH
26.7%CURRENT US$
Rnk 70 / 186

About

Burundi-South Korea Trade: In 2022, Burundi exported $108k to South Korea. The main products that Burundi exported to South Korea were Coffee ($101k), Non-Knit Active Wear ($2.7k), and Knit Men's Undergarments ($855). Over the past 5 years the exports of Burundi to South Korea have decreased at an annualized rate of 23.5%, from $410k in 2017 to $108k in 2022.

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

South Korea-Burundi Trade: In 2022, South Korea exported $3.64M to Burundi. The main products that South Korea exported to Burundi were Refined Petroleum ($651k), Vaccines, blood, antisera, toxins and cultures ($575k), and Cars ($532k). Over the past 5 years the exports of South Korea to Burundi have decreased at an annualized rate of 8.5%,  from $5.67M in 2017 to $3.64M in 2022.

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

Comparison In 2022,  Burundi ranked 190 in total exports ($187M), and does not have data regarding Economic Complexity Index. That same year, South Korea ranked 4 in the Economic Complexity Index (ECI 1.78), and 5 in total exports ($705B).

Historical Data

Latest Data

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

Burundi Exports

South Korea Exports

Market Competitiveness

Color
Burundi
Top Destination
United Arab Emirates$59.9M
South Korea
Top Destination
China$150B

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

In 2022, countries that imported more from Burundi than South Korea included North Korea ($49.3k).

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

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Burundi South Korea+$376kCoffee
Top Product Potential South Korea Burundi+$1.72MRefined 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 Burundi and South Korea. This means that a dot/product with the flag of Burundi 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 Burundi.

Product Space of Burundi (Flag) and South Korea (Flag) (NaN)

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