Jordan-Rep. of Korea Bilateral Trade Analysis 2023
Complete trade statistics: $552.16M total volume •Jordan deficit: $552.16M
Jordan → Rep. of Korea
$0
Exports (2023)
Rep. of Korea → Jordan
$552.16M
Imports (2023)
Trade Balance
$552.16M
Deficit for Jordan
Total Trade
$552.16M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Jordan and Rep. of Korea. Green line shows exports from Jordan, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Jordan-Rep. of Korea commercial relationship and competitive positioning in global markets.
Jordan → Rep. of Korea Exports
Export Market Intelligence
🎯 Strategic Export Focus
Jordan's export portfolio to Rep. of Korea demonstrates strategic specialization, with bromides and bromide oxides: other than item no. 2827.51 representing a key competitive advantage in this bilateral market.
Rep. of Korea → Jordan Imports
Import Dependency Profile
📦 Import Strategy Analysis
Jordan's import pattern from Rep. of Korea reveals significant dependencyin vehicles: with only electric motor for propulsion, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Jordan demonstrates competitive strength in exportingbromides and bromide oxides: other than item no. 2827.51 to Rep. of Korea, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $552.16M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Jordan-Rep. of Korea Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $552.16 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Jordan maintains a deficit of $552.16 million
- Export Focus: Jordan's primary exports include bromides and bromide oxides: other than item no. 2827.51, copper: waste and scrap, aluminium: waste and scrap
- Import Dependencies: Key imports from Rep. of Korea include vehicles: with only electric motor for propulsion, vehicles: with both spark-ignition internal combustion reciprocating piston engine and electric motor for propulsion, incapable of being charged by plugging to external source of electric power, vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1500 but not over 3000cc
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $552.16M represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with Jordan leveraging its comparative advantages in bromides and bromide oxides: other than item no. 2827.51.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
Jordan's specialization in bromides and bromide oxides: other than item no. 2827.51complements Rep. of Korea's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in vehicles: with only electric motor for propulsion.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $552.16M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $552.16M bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $552.16 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in bromides and bromide oxides: other than item no. 2827.51 and vehicles: with only electric motor for propulsion demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Jordan's trade deficit of $552.16 million impacts its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between Jordan and Rep. of Korea represents a total trade volume of $552.16 million in 2023. This partnership demonstrates an unfavorable trade balance for Jordan, with imports exceeding exportsby $552.16 million.
Export Strengths
Jordan's exports to Rep. of Korea total $0.00, with competitive advantages in bromides and bromide oxides: other than item no. 2827.51, representing $13.03M orInfinity% of bilateral exports.
Import Dependencies
Imports from Rep. of Korea amount to $552.16 million, highlighting economic interdependence in vehicles: with only electric motor for propulsion, with Vehicles: with only electric motor for propulsion comprising27.2% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Jordan's strategic sourcing from Rep. of Korea. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between Jordan and Rep. of Korea in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023