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Pricing

2022
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Exports $4.59BRnk 28 / 220
2022
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Top Product $4.45BSpecial Purpose Ships
2022
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Exports $954MRnk 3 / 145
2022
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Top Product $755MCoal Briquettes
2022
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Economic Complexity (ECI) ECI 1.71Rnk 4 / 124
2022
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Economic Complexity (ECI) ECI -1.34Rnk 114 / 124
2022
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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$17.9BCURRENT US$
Rnk 122 / 186
2012-2022
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GDP GROWTH9.18%CURRENT US$
Rnk 146 / 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$541CURRENT US$
Rnk 180 / 186
2012-2022
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GDP PC GROWTH-18.9%CURRENT US$
Rnk 172 / 186

About

South Korea-Mozambique In 2022, South Korea exported $4.59B to Mozambique. The main products that South Korea exported to Mozambique are Special Purpose Ships ($4.45B), Coal Tar Oil ($20.5M), and Cleaning Products ($14.8M). During the last 27 years the exports of South Korea to Mozambique have increased at an annualized rate of 31.7%, from $2.71M in 1995 to $4.59B in 2022.

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

Mozambique-South Korea In 2022, Mozambique exported $954M to South Korea. The main products that Mozambique exported to South Korea were Coal Briquettes ($755M), Coke ($181M), and Raw Copper ($11.9M). During the last 27 years the exports of Mozambique to South Korea have increased at an annualized rate of 42.3%, from $69.3k in 1995 to $954M in 2022.

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

Comparison In 2022,  South Korea ranked 4 in the Economic Complexity Index (ECI 1.71), and 5 in total exports ($705B). That same year, Mozambique ranked 114 in the Economic Complexity Index (ECI -1.34), and 99 in total exports ($11.7B).

Latest Trends

February, 2024

About

Overview In February 2024, South Korea exported $5.77M and imported $63.5M from Mozambique, resulting in a negative trade balance of $57.7M. Between February 2023 and February 2024 the exports of South Korea have increased by $305k (5.58%) from $5.46M to $5.77M, while imports increased by $53.7M (551%) from $9.74M to $63.5M.

Trade In February 2024, the top exports of South Korea to Mozambique were Mineral fuels, mineral oils and products... ($4.8M), Soap, cleaners, candles, dental, modelling pastes ($1.15M), Machinery, mechanical appliances, & parts ($894k), Plastics & articles thereof ($596k), and Books, newspapers, & other prints ($275k). In February 2024 the top imports of South Korea from Mozambique were Mineral fuels, mineral oils and products... ($42.2M), Tobacco & substitutes ($422k), Fish, crustaceans, & molluscs ($0), Inorganic chemicals ($0), and Soap, cleaners, candles, dental, modelling pastes ($0).

Growth In February 2024, the increase in South Korea's year-by-year exports to Mozambique was explained primarily by an increase in product exports in Mineral fuels, mineral oils and products... ($192k or 4.17%), Inorganic chemicals ($148k or 308%), and Chemical products n.e.s. ($117k or 975%). In February 2024, the increase in South Korea's year-by-year imports  from Mozambique was explained primarily by an increase in product imports  in .

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (February 2023 - February 2024)$305k(5.58%)
IMPORT GROWTH (February 2023 - February 2024)$53.7M(551%)

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

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Korea exported $4.59B to Mozambique. The main products exported from South Korea to Mozambique were Special Purpose Ships ($4.45B), Coal Tar Oil ($20.5M), and Cleaning Products ($14.8M). During the last 27 years the exports of South Korea to Mozambique have increased at an annualized rate of 31.7%, from $2.71M in 1995 to $4.59B in 2022.

In 2022, Mozambique exported $954M to South Korea. The main products exported from Mozambique to South Korea were Coal Briquettes ($755M), Coke ($181M), and Raw Copper ($11.9M). During the last 26 years the exports of Mozambique to South Korea have increased at an annualized rate of 42.3%, from $69.3k in 1996 to $954M in 2022.

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

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

Market Competitiveness

Color
South Korea
Top DestinationChina$150B
Mozambique
Top DestinationIndia$2.62B

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

In 2021, countries that imported more from South Korea than Mozambique were China ($150B), United States ($112B), and Vietnam ($60.7B).

In 2021, countries that imported more from Mozambique than South Korea were Zimbabwe ($336M), Zambia ($101M), and Eswatini ($64.9M).

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

Comparative Advantage South Korea - Mozambique

Flow
Scale

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

During 2022, South Korea had a large net trade with Mozambique in the exports of Transportation ($4.46B), Chemical Products ($37.2M), and Plastics and Rubbers ($30.3M).

During 2022, Mozambique had a large net trade with South Korea in the exports of Mineral Products ($937M), Metals ($13.5M), and Foodstuffs ($3.88M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more South Korea has comparative advantage over Mozambique. Similarly, the more yellow a dot/product is, the more Mozambique has comparative advantage over South Korea.

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

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