Central African Republic (CAF) and South Korea (KOR) Trade | The Observatory of Economic Complexity

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Central African Republic-South Korea Trade: In 2022, Central African Republic exported $157k to South Korea. The main products that Central African Republic exported to South Korea were Rough Wood ($155k), Non-Knit Active Wear ($1.47k), and Other Pure Vegetable Oils ($777). Over the past 5 years the exports of Central African Republic to South Korea have decreased at an annualized rate of 43%, from $2.61M in 2017 to $157k in 2022.

In 2022, Central African Republic did not export any services to South Korea.

South Korea-Central African Republic Trade: In 2022, South Korea exported $47.1M to Central African Republic. The main products that South Korea exported to Central African Republic were Refined Petroleum ($44.1M), Semiconductor Devices ($1.24M), and Brochures ($350k). Over the past 5 years the exports of South Korea to Central African Republic have increased at an annualized rate of 113%, from $1.07M in 2017 to $47.1M in 2022.

In 2022, South Korea did not export any services to Central African Republic.

Comparison In 2022, Central African Republic ranked 183 in total exports ($231M), 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

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Central African Republic exported $157k to South Korea. The main products exported from Central African Republic to South Korea were Rough Wood ($155k), Non-Knit Active Wear ($1.47k), and Other Pure Vegetable Oils ($777). During the last 5 years the exports of Central African Republic to South Korea have decreased at an annualized rate of 43%, from $2.61M in 2017 to $157k in 2022.

In 2017, South Korea exported $47.1M to Central African Republic. The main products exported from South Korea to Central African Republic were Refined Petroleum ($44.1M), Semiconductor Devices ($1.24M), and Brochures ($350k). During the last 5 years the exports of South Korea to Central African Republic have increased at an annualized rate of 113%, from $1.07M in 2022 to $47.1M in 2017.

Exports from Central African Republic () to South Korea () (2022)

Exports from South Korea () to Central African Republic () (2022)

Latest Data

Trade between Central African Republic () and South Korea ()

Central African Republic Exports

Date

South Korea Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Central African Republic
Top DestinationUnited Arab Emirates$91.9M

South Korea
Top DestinationChina$150B

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

In 2022, countries that imported more from Central African Republic than South Korea included Chad ($1.18M).

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

Difference in imports from South Korea () and Central African Republic () (2022)

Comparative Advantage Central African Republic - South Korea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Central African Republic had a large net trade with South Korea in the exports of Wood Products ($155k), Textiles ($1.47k), and Animal and Vegetable Bi-Products ($875).

During 2017, South Korea had a large net trade with Central African Republic in the exports of Mineral Products ($44.1M), Machines ($1.69M), and Paper Goods ($370k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Central African Republic and South Korea. This means that a dot/product with the flag of Central African Republic 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 Central African Republic.

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Historical Data

Bilateral Trade by Products

Exports from Central African Republic () to South Korea () (2022)

Exports from South Korea () to Central African Republic () (2022)

Latest Data

Trade between Central African Republic () and South Korea ()

Central African Republic Exports

South Korea Exports

Market Competitiveness

Difference in imports from South Korea () and Central African Republic () (2022)

Comparative Advantage Central African Republic - South Korea

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Central African Republic () and South Korea () (2022)

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