2022
Flag  
GDP
$3.52BCURRENT US$
Rnk 158 / 186
2012-2022
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GDP GROWTH
160%CURRENT US$
Rnk 6 / 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 
$3,136CURRENT US$
Rnk 131 / 186
2012-2022
Flag
GDP PC GROWTH
121%CURRENT US$
Rnk 5 / 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

Djibouti-South Korea Trade: In 2022, Djibouti exported $25k to South Korea. The main products that Djibouti exported to South Korea were Excavation Machinery ($20.8k), Machinery Having Individual Functions ($2.1k), and Therapeutic Appliances ($1.1k). Over the past 5 years the exports of Djibouti to South Korea have decreased at an annualized rate of 37.4%, from $260k in 2017 to $25k in 2022.

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

South Korea-Djibouti Trade: In 2022, South Korea exported $39.2M to Djibouti. The main products that South Korea exported to Djibouti were Cars ($8.51M), Polyacetals ($4.07M), and Propylene Polymers ($3.39M). Over the past 5 years the exports of South Korea to Djibouti have decreased at an annualized rate of 8.99%,  from $83.2M in 2017 to $39.2M in 2022.

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

Comparison In 2022,  Djibouti ranked 169 in total exports ($542M), 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
Value

In 2022, Djibouti exported $25k to South Korea. The main products exported from Djibouti to South Korea were Excavation Machinery ($20.8k), Machinery Having Individual Functions ($2.1k), and Therapeutic Appliances ($1.1k). During the last 5 years the exports of Djibouti to South Korea have decreased at an annualized rate of 37.4%, from $260k in 2017 to $25k in 2022.

In 2017, South Korea exported $39.2M to Djibouti. The main products exported from South Korea to Djibouti were Cars ($8.51M), Polyacetals ($4.07M), and Propylene Polymers ($3.39M). During the last 5 years the exports of South Korea to Djibouti have decreased at an annualized rate of 8.99%, from $83.2M in 2022 to $39.2M in 2017.

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

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

Latest Data

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

South Korea Exports

Market Competitiveness

Color
Djibouti
Top Destination
Ethiopia$333M
South Korea
Top Destination
China$150B

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

In 2022, countries that imported more from Djibouti than South Korea included Ethiopia ($333M).

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

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

Comparative Advantage Djibouti - South Korea

Flow
Scale

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

During 2022, Djibouti had a large net trade with South Korea in the exports of Machines ($22.9k), Instruments ($1.1k), and Miscellaneous ($953).

During 2017, South Korea had a large net trade with Djibouti in the exports of Plastics and Rubbers ($12.3M), Transportation ($12.3M), and Machines ($7.5M).

Economic Complexity

Competitive Landscape

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

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

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