Guam (GUM) and South Korea (KOR) Trade | The Observatory of Economic Complexity

About

In N/A, Guam did not export any services to South Korea.

South Korea-Guam Trade: In N/A, South Korea exported $469M to Guam. The main products that South Korea exported to Guam were Refined Petroleum ($362M), Cars ($19.1M), and Raw Iron Bars ($14.6M). Over the past N/A years the exports of South Korea to Guam have increased at an annualized rate of 57.9%, from $47.7M in N/A to $469M in N/A.

In N/A, South Korea did not export any services to Guam.

Comparison In 2022, Guam ranked 208 in total exports ($27.7M), 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

Guam does not register exports to South Korea. The main products exported from Guam to South Korea were Scrap Iron ($1.46M), Refined Petroleum ($793k), and Scrap Copper ($670k).

In 2017, South Korea exported $469M to Guam. The main products exported from South Korea to Guam were Refined Petroleum ($362M), Cars ($19.1M), and Raw Iron Bars ($14.6M). During the last 5 years the exports of South Korea to Guam have increased at an annualized rate of 57.9%, from $47.7M in 2022 to $469M in 2017.

Exports from Guam () to South Korea () (2022)

Exports from South Korea () to Guam () (2022)

Latest Data

Trade between Guam () and South Korea ()

South Korea Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Guam
Top DestinationSingapore$8.42M

South Korea
Top DestinationChina$150B

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

In 2022, no countries were registered that imported more from Guam than from South Korea.

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

Difference in imports from South Korea () and Guam () (2022)

Comparative Advantage Guam - South Korea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2017, South Korea had a large net trade with Guam in the exports of Mineral Products ($365M), Metals ($31.5M), and Machines ($25.9M).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Guam () to South Korea () (2022)

Exports from South Korea () to Guam () (2022)

Latest Data

Trade between Guam () and South Korea ()

South Korea Exports

Market Competitiveness

Difference in imports from South Korea () and Guam () (2022)

Comparative Advantage Guam - South Korea

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Guam () and South Korea () (2022)

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