Flag Cook Islands / South Korea Flag

2021
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Exports
: $9.81k, Rnk 33 / 61

2021
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Top Product
: $8.83k, Household Washing Machines

2021
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Exports
: $2.74k, Rnk 217 / 218

2021
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Top Product
: $1.7k, Bi-Wheel Vehicle Parts

2021
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Economic Complexity (ECI)
: ECI 1.82, Rnk 4 / 131

2021
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 GDP
: $1.8T, CURRENT US$
Rnk 10 / 182

2011-2021
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GDP GROWTH
: 43.5%, CURRENT US$
Rnk 64 / 182

2021
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GDP PC
: $34,758, CURRENT US$
Rnk 28 / 182

2011-2021
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GDP PC GROWTH
: 38.5%, CURRENT US$
Rnk 43 / 182

Cook Islands-South Korea In 2021, Cook Islands exported $9.81k to South Korea. The main products that Cook Islands exported to South Korea are Household Washing Machines ($8.83k), Precious Metal Watches ($832), and Low-voltage Protection Equipment ($113). During the last 24 years the exports of Cook Islands to South Korea have decreased at an annualized rate of 10.1%, from $125k in 1997 to $9.81k in 2021.

In 2021, Cook Islands did not export any services to South Korea.

South Korea-Cook Islands In 2021, South Korea exported $2.74k to Cook Islands. The main products that South Korea exported to Cook Islands were Bi-Wheel Vehicle Parts ($1.7k), Railway Cargo Containers ($675), and Eyewear ($290). During the last 24 years the exports of South Korea to Cook Islands have decreased at an annualized rate of 11.7%, from $54.3k in 1997 to $2.74k in 2021.

In 2021, South Korea did not export any services to Cook Islands.

Comparison In 2021,  Cook Islands ranked 205 in total exports ($31.4M), and does not have data regarding Economic Complexity Index. That same year, South Korea ranked 4 in the Economic Complexity Index (ECI 1.82), and 5 in total exports ($653B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2021, Cook Islands exported $9.81k to South Korea. The main products exported from Cook Islands to South Korea were Household Washing Machines ($8.83k), Precious Metal Watches ($832), and Low-voltage Protection Equipment ($113). During the last 24 years the exports of Cook Islands to South Korea have decreased at an annualized rate of 10.1%, from $125k in 1997 to $9.81k in 2021.

In 2021, South Korea exported $2.74k to Cook Islands. The main products exported from South Korea to Cook Islands were Bi-Wheel Vehicle Parts ($1.7k), Railway Cargo Containers ($675), and Eyewear ($290). During the last 26 years the exports of South Korea to Cook Islands have decreased at an annualized rate of 11.7%, from $54.3k in 1995 to $2.74k in 2021.

South Korea Exports

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Market Competitiveness

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Color

Cook Islands
Top Destination
: Japan, $12.9M

South Korea
Top Destination
: China, $158B

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

In 2019, no countries were registered that imported more from Cook Islands than from South Korea.

In 2021, countries that imported more from South Korea than Cook Islands were China ($158B), United States ($95.9B), and Vietnam ($56.5B).

Comparative Advantage Cook Islands - South Korea

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Flow
Scale

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

During 2021, Cook Islands had a large net trade with South Korea in the exports of Machines ($8.95k), Instruments ($832), and Textiles ($18).

During 2021, South Korea had a large net trade with Cook Islands in the exports of Transportation ($2.37k), Instruments ($290), and Animal Hides ($65).

Economic Complexity

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Competitive Landscape

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