Flag South Korea / Fiji Flag

Exports FlagFlag  (2018): $190M, Rnk 91 / 210

Top Product FlagFlag (2018): $127M, Refined Petroleum

Exports FlagFlag (2018): $5.35M, Rnk 27 / 120

Top Product FlagFlag (2018): $1.66M, Scrap Iron

Economic Complexity of Flag (2018): ECI 1.85, Rnk 5 / 137

South Korea-Fiji: In 2018, South Korea exported $190M to Fiji. The main products exported from South Korea to Fiji were Refined Petroleum ($127M), Semi-Finished Iron ($17.2M), and Cars ($13.6M). During the last 23 years the exports of South Korea to Fiji have increased at an annualized rate of 13.4%, from $10.6M in 1995 to $190M in 2018.

Fiji-South Korea: In 2018, Fiji exported $5.35M to South Korea. The main products exported from Fiji to South Korea were Scrap Iron ($1.66M), Water ($1.01M), and Fruit Juice ($609k). During the last 23 years the exports of Fiji to South Korea have decreased at an annualized rate of 4.94%, from $17.1M in 1995 to $5.35M in 2018.

Comparison: In 2018, South Korea ranked 5 in the Economic Complexity Index (ECI 1.85), and 5 in total exports ($617B). That same year, Fiji ranked 153 in total exports ($951M), and does not have data regarding Economic Complexity Index. N/A

Bilateral Trade by Products

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Depth
Value

In 2018, South Korea exported $190M to Fiji. The main products exported from South Korea to Fiji were Refined Petroleum ($127M), Semi-Finished Iron ($17.2M), and Cars ($13.6M). During the last 23 years the exports of South Korea to Fiji have increased at an annualized rate of 13.4%, from $10.6M in 1995 to $190M in 2018.

In 2018, Fiji exported $5.35M to South Korea. The main products exported from Fiji to South Korea were Scrap Iron ($1.66M), Water ($1.01M), and Fruit Juice ($609k). During the last 23 years the exports of Fiji to South Korea have decreased at an annualized rate of 4.94%, from $17.1M in 1995 to $5.35M in 2018.

Market Competitiveness

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Measure

South Korea
Top Destination
: China, $160B

Fiji
Top Destination
: United States, $243M

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

In 2018, countries that imported more from South Korea than Fiji were China ($160B), United States ($73.1B), and Vietnam ($48.6B).

In 2018, countries that imported more from Fiji than South Korea were Vanuatu ($29.7M), Tuvalu ($20.1M), and Tonga ($17.1M).

Comparative Advantage South Korea - Fiji

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Depth

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

During 2018, South Korea had a large net trade with Fiji in the exports of Mineral Products ($127M), Metals ($27.7M), and Transportation ($15.6M).

During 2018, Fiji had a large net trade with South Korea in the exports of Metals ($2.14M), Foodstuffs ($1.82M), and Wood Products ($383k).

Trade Forecasts

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This section shows a forecast for total trade between South Korea and Fiji. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

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 red.  This mean that the more blue a dot/product is, the more South Korea has comparative advantage over Fiji. Similarly, the more red a dot/product is, the more Fiji has comparative advantage over South Korea.