2023
Flag  
GDP
$1.71TCURRENT US$
Rnk 14 / 195
2013-2023
Flag
GDP GROWTH
25%CURRENT US$
Rnk 127 / 195
2023
Flag
 GDP
$1.06BCURRENT US$
Rnk 186 / 195
2013-2023
Flag
GDP GROWTH
20.7%CURRENT US$
Rnk 140 / 195
2023
Flag
GDP PC 
$33,121CURRENT US$
Rnk 41 / 195
2013-2023
Flag
GDP PC GROWTH
21.9%CURRENT US$
Rnk 99 / 195
2023
Flag
GDP PC
$22,574CURRENT US$
Rnk 55 / 196
2013-2023
Flag
GDP PC GROWTH
21.5%CURRENT US$
Rnk 100 / 195

About

South Korea-Saint Kitts and Nevis Trade: In 2022, South Korea exported $6.88M to Saint Kitts and Nevis. The main products that South Korea exported to Saint Kitts and Nevis were N/A. Over the past 5 years the exports of South Korea to Saint Kitts and Nevis have increased at an annualized rate of 14.4%, from $3.52M in 2017 to $6.88M in 2022.

In 2022, South Korea did not export any services to Saint Kitts and Nevis.

Saint Kitts and Nevis-South Korea Trade: In 2022, Saint Kitts and Nevis exported $140k to South Korea. The main products that Saint Kitts and Nevis exported to South Korea were N/A. Over the past 5 years the exports of Saint Kitts and Nevis to South Korea have increased at an annualized rate of 17.3%,  from $63.2k in 2017 to $140k in 2022.

In 2022, Saint Kitts and Nevis did not export any services to South Korea.

Comparison In 2023,  South Korea ranked 4 in the Economic Complexity Index (ECI 1.85),  and 5 in total exports ($645B). That same year, Saint Kitts and Nevis ranked 198 in total exports ($77.7M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Korea exported $6.88M to Saint Kitts and Nevis. There were not main exports from South Korea to Saint Kitts and Nevis in 2022. During the last 5 years the exports of South Korea to Saint Kitts and Nevis have increased at an annualized rate of 14.4%, from $3.52M in 2017 to $6.88M in 2022.

In 2017, Saint Kitts and Nevis exported $140k to South Korea. There were not main exports from Saint Kitts and Nevis to South Korea in 2017. During the last 5 years the exports of Saint Kitts and Nevis to South Korea have increased at an annualized rate of 17.3%, from $63.2k in 2022 to $140k in 2017.

Exports from South Korea (Flag) to Saint Kitts and Nevis (Flag) (2022)

Exports from Saint Kitts and Nevis (Flag) to South Korea (Flag) (2022)

Market Competitiveness

Color
South Korea
Top Destination
China$162B
Saint Kitts and Nevis
Top Destination
Malta$37.8M

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

In 2023, countries that imported more from South Korea than Saint Kitts and Nevis included China ($162B), United States ($118B), and Hong Kong ($28.8B).

In 2023, countries that imported more from Saint Kitts and Nevis than South Korea included Saint Vincent and the Grenadines ($3.57M), Montserrat ($104k), and Dominica ($728k).

Difference in imports from Saint Kitts and Nevis (Flag) and South Korea (Flag) (2023)

Comparative Advantage South Korea - Saint Kitts and Nevis

Flow
Scale

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

During 2022, South Korea had a large net trade with Saint Kitts and Nevis in the exports of .

During 2017, Saint Kitts and Nevis had a large net trade with South Korea in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of South Korea (Flag) and Saint Kitts and Nevis (Flag) (2022)

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