Flag South Korea / Fiji Flag

2021
FlagFlag
Exports
: $125M, Rnk 103 / 218

2021
FlagFlag
Top Product
: $88.6M, Refined Petroleum

2021
FlagFlag
Exports
: $17.6M, Rnk 10 / 125

2021
FlagFlag
Top Product
: $15.5M, Raw Sugar

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

2021
Flag  
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
: $4.59B, CURRENT US$
Rnk 152 / 182

2011-2021
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GDP GROWTH
: 21.7%, CURRENT US$
Rnk 105 / 182

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

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

2021
Flag
GDP PC
: $5,086, CURRENT US$
Rnk 97 / 182

2011-2021
Flag
GDP PC GROWTH
: 16.3%, CURRENT US$
Rnk 81 / 182

South Korea-Fiji In 2021, South Korea exported $125M to Fiji. The main products that South Korea exported to Fiji are Refined Petroleum ($88.6M), Copper Wire ($7.82M), and Cars ($7.09M). During the last 26 years the exports of South Korea to Fiji have increased at an annualized rate of 9.96%, from $10.6M in 1995 to $125M in 2021.

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

Fiji-South Korea In 2021, Fiji exported $17.6M to South Korea. The main products that Fiji exported to South Korea were Raw Sugar ($15.5M), Water ($789k), and Scrap Iron ($492k). During the last 26 years the exports of Fiji to South Korea have increased at an annualized rate of 0.18%, from $16.8M in 1995 to $17.6M in 2021.

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

Comparison In 2021,  South Korea ranked 4 in the Economic Complexity Index (ECI 1.82),  and 5 in total exports ($653B). That same year, Fiji ranked 159 in total exports ($1.08B), and does not have data regarding Economic Complexity Index.

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2021, South Korea exported $125M to Fiji. The main products exported from South Korea to Fiji were Refined Petroleum ($88.6M), Copper Wire ($7.82M), and Cars ($7.09M). During the last 26 years the exports of South Korea to Fiji have increased at an annualized rate of 9.96%, from $10.6M in 1995 to $125M in 2021.

In 2021, Fiji exported $17.6M to South Korea. The main products exported from Fiji to South Korea were Raw Sugar ($15.5M), Water ($789k), and Scrap Iron ($492k). During the last 26 years the exports of Fiji to South Korea have increased at an annualized rate of 0.18%, from $16.8M in 1995 to $17.6M in 2021.

Market Competitiveness

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Color

South Korea
Top Destination
: China, $158B

Fiji
Top Destination
: United States, $364M

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

In 2021, countries that imported more from Fiji than South Korea were Tonga ($47.1M), Vanuatu ($29.1M), and Kiribati ($25.3M).

Comparative Advantage South Korea - Fiji

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Flow
Scale

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

During 2021, South Korea had a large net trade with Fiji in the exports of Mineral Products ($88.7M), Metals ($12.5M), and Transportation ($7.85M).

During 2021, Fiji had a large net trade with South Korea in the exports of Foodstuffs ($16.3M), Metals ($811k), and Chemical Products ($196k).

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