2022
Flag  
GDP
$1.67TCURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP GROWTH
30.3%CURRENT US$
Rnk 100 / 186
2022
Flag
GDP PC 
$32,255CURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP PC GROWTH
26.7%CURRENT US$
Rnk 70 / 186

About

South Korea-Christmas Island Trade: In 2022, South Korea exported $562 to Christmas Island. The main products that South Korea exported to Christmas Island were Industrial Fatty Acids, Oils and Alcohols ($424) and Beauty Products ($138). Over the past 17 years the exports of South Korea to Christmas Island have increased at an annualized rate of 2.59%, from $364 in 2005 to $562 in 2022.

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

Christmas Island-South Korea Trade: In 2022, Christmas Island exported $1.68k to South Korea. The main products that Christmas Island exported to South Korea were Microphones and Headphones ($743), Office Machine Parts ($420), and Knit Active Wear ($286). Over the past 17 years the exports of Christmas Island to South Korea have decreased at an annualized rate of 58.1%,  from $130k in 2005 to $1.68k in 2022.

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

Comparison In 2022,  South Korea ranked 4 in the Economic Complexity Index (ECI 1.78),  and 5 in total exports ($705B). That same year, Christmas Island ranked 214 in total exports ($15.3M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Korea exported $562 to Christmas Island. The main products exported from South Korea to Christmas Island were Industrial Fatty Acids, Oils and Alcohols ($424) and Beauty Products ($138). During the last 17 years the exports of South Korea to Christmas Island have increased at an annualized rate of 2.59%, from $364 in 2005 to $562 in 2022.

In 2017, Christmas Island exported $1.68k to South Korea. The main products exported from Christmas Island to South Korea were Microphones and Headphones ($743), Office Machine Parts ($420), and Knit Active Wear ($286). During the last 5 years the exports of Christmas Island to South Korea have decreased at an annualized rate of 58.1%, from $130k in 2022 to $1.68k in 2017.

Exports from South Korea (Flag) to Christmas Island (Flag) (2022)

Exports from Christmas Island (Flag) to South Korea (Flag) (2022)

Market Competitiveness

Color
South Korea
Top Destination
China$150B
Christmas Island
Top Destination
New Zealand$3.78M

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

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

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

Difference in imports from Christmas Island (Flag) and South Korea (Flag) (2022)

Comparative Advantage South Korea - Christmas Island

Flow
Scale

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

During 2022, South Korea had a large net trade with Christmas Island in the exports of Chemical Products ($562).

During 2017, Christmas Island had a large net trade with South Korea in the exports of Machines ($1.18k), Textiles ($286), and Footwear and Headwear ($139).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of South Korea and Christmas Island. This means that a dot/product with the flag of South Korea indicates it has a comparative advantage over Christmas Island. Similarly, a dot/product with the flag of Christmas Island indicates it has a comparative advantage over South Korea.

Product Space of South Korea (Flag) and Christmas Island (Flag) (2022)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with