2022
Flag  
GDP
$1.67TCURRENT US$
Rnk 13 / 186
2012-2022
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GDP GROWTH
30.3%CURRENT US$
Rnk 100 / 186
2022
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 GDP
$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH
85.2%CURRENT US$
Rnk 24 / 186
2022
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GDP PC 
$32,255CURRENT US$
Rnk 33 / 186
2012-2022
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GDP PC GROWTH
26.7%CURRENT US$
Rnk 70 / 186
2022
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GDP PC
$2,389CURRENT US$
Rnk 140 / 186
2012-2022
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GDP PC GROWTH
66.6%CURRENT US$
Rnk 20 / 186

About

South Korea-India In 2022, South Korea exported $20.6B to India. The main products that South Korea exported to India are Integrated Circuits ($2.23B), Special Purpose Ships ($1.96B), and Refined Petroleum ($941M). During the last 27 years the exports of South Korea to India have increased at an annualized rate of 11%, from $1.22B in 1995 to $20.6B in 2022.

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

India-South Korea In 2022, India exported $8.2B to South Korea. The main products that India exported to South Korea were Refined Petroleum ($2.58B), Raw Aluminium ($1.34B), and Raw Lead ($252M). During the last 27 years the exports of India to South Korea have increased at an annualized rate of 8.75%, from $852M in 1995 to $8.2B in 2022.

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

Comparison In N/A,  South Korea ranked 5 in total exports ($705B). That same year, India ranked 15 in total exports ($468B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Korea exported $20.6B to India. The main products exported from South Korea to India were Integrated Circuits ($2.23B), Special Purpose Ships ($1.96B), and Refined Petroleum ($941M). During the last 27 years the exports of South Korea to India have increased at an annualized rate of 11%, from $1.22B in 1995 to $20.6B in 2022.

In 2022, India exported $8.2B to South Korea. The main products exported from India to South Korea were Refined Petroleum ($2.58B), Raw Aluminium ($1.34B), and Raw Lead ($252M). During the last 27 years the exports of India to South Korea have increased at an annualized rate of 8.75%, from $852M in 1995 to $8.2B in 2022.

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

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

Comparative Advantage South Korea - India

Flow
Scale

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

During 2022, South Korea had a large net trade with India in the exports of Machines ($6.35B), Metals ($4.1B), and Transportation ($3.15B).

During 2022, India had a large net trade with South Korea in the exports of N/A.

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 India. Similarly, the more yellow a dot/product is, the more India has comparative advantage over South Korea.

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

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