Flag South Korea / Saint Kitts and Nevis Flag

2019
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Exports
: $1.02M, Rnk 194 / 215

2019
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Top Product
: $797k, Cars

2019
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Exports
: $17.3k, Rnk 30 / 67

2019
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Top Product
: $6.61k, Other Measuring Instruments

2019
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Economic Complexity (ECI)
: ECI 1.9, Rnk 5 / 146

2019
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GDP
: $1.65T, CURRENT US$
Rnk 12 / 187

2009-2019
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GDP GROWTH
: 74.5%, CURRENT US$
Rnk 52 / 187

2019
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 GDP
: $1.05B, CURRENT US$
Rnk 177 / 187

2009-2019
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GDP GROWTH
: 40.8%, CURRENT US$
Rnk 107 / 187

2019
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GDP PC 
: $31,846, CURRENT US$
Rnk 32 / 187

2009-2019
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GDP PC GROWTH
: 66.4%, CURRENT US$
Rnk 36 / 187

2019
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GDP PC
: $19,935, CURRENT US$
Rnk 44 / 187

2009-2019
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GDP PC GROWTH
: 29.5%, CURRENT US$
Rnk 91 / 187

South Korea-Saint Kitts and Nevis: In 2019, South Korea exported $1.02M to Saint Kitts and Nevis. The main products that South Korea exported to Saint Kitts and Nevis are Cars ($797k), Delivery Trucks ($176k), and Twine and Rope ($26.4k). During the last 24 years the exports of South Korea to Saint Kitts and Nevis have increased at an annualized rate of 4.42%, from $361k in 1995 to $1.02M in 2019.

In 2019, South Korea did not exported services to Saint Kitts and Nevis.

Saint Kitts and Nevis-South Korea: In 2019, Saint Kitts and Nevis exported $17.3k to South Korea . The main products that Saint Kitts and Nevis exported to South Korea were Other Measuring Instruments ($6.61k), Electrical Transformers ($6.46k), and Other Electrical Machinery ($3.47k). During the last 24 years the exports of Saint Kitts and Nevis to South Korea have increased at an annualized rate of 9.09%, from $2.15k in 1995 to $17.3k in 2019.

In 2019, Saint Kitts and Nevis did not exported services to South Korea.

Comparison: In 2019,  South Korea ranked 5 in the Economic Complexity Index (ECI 1.9),  and 6 in total exports ($555B). That same year, Saint Kitts and Nevis ranked 198 in total exports ($61.2M), 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 2019, South Korea exported $1.02M to Saint Kitts and Nevis. The main products exported from South Korea to Saint Kitts and Nevis were Cars ($797k), Delivery Trucks ($176k), and Twine and Rope ($26.4k). During the last 24 years the exports of South Korea to Saint Kitts and Nevis have increased at an annualized rate of 4.42%, from $361k in 1995 to $1.02M in 2019.

In 2019, Saint Kitts and Nevis exported $17.3k to South Korea. The main products exported from Saint Kitts and Nevis to South Korea were Other Measuring Instruments ($6.61k), Electrical Transformers ($6.46k), and Other Electrical Machinery ($3.47k). During the last 21 years the exports of Saint Kitts and Nevis to South Korea have increased at an annualized rate of 9.09%, from $2.15k in 1998 to $17.3k in 2019.

Market Competitiveness

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Measure

South Korea
Top Destination
: China, $136B

Saint Kitts and Nevis
Top Destination
: United States, $42.3M

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 2019, countries that imported more from South Korea than Saint Kitts and Nevis were China ($136B), United States ($74.8B), and Vietnam ($47.8B).

In 2019, no countries were registered that imported more from Saint Kitts and Nevis than from South Korea.

Comparative Advantage South Korea - Saint Kitts and Nevis

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Depth

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 2019, South Korea had a large net trade with Saint Kitts and Nevis in the exports of Transportation ($973k), Textiles ($26.4k), and Machines ($13.9k).

During 2019, Saint Kitts and Nevis had a large net trade with South Korea in the exports of Machines ($10k), Instruments ($6.61k), and Chemical Products ($252).

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 Saint Kitts and Nevis. Similarly, the more red a dot/product is, the more Saint Kitts and Nevis has comparative advantage over South Korea.