Flag South Korea / Saint Kitts and Nevis Flag

Exports Flag β†’ Flag  (2018): $27.2M, Rnk 145 / 210

Top Product Flag β†’ Flag (2018): $25.2M, Passenger and Cargo Ships

Exports Flag β†’ Flag (2018): $100k, Rnk 25 / 57

Top Product Flag β†’ Flag (2018): $55.6k, Electrical Transformers

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

GDP Flag (2018): $1.62T, CURRENT US$
Rnk 12 / 196

GDP GROWTH Flag (2008-2018): 61.6%, CURRENT US$
Rnk 69 / 196

GDP Flag (2018): $1.01B, CURRENT US$
Rnk 183 / 196

GDP GROWTH Flag (2008-2018): 27.4%, CURRENT US$
Rnk 120 / 196

GDP PC Flag (2018): $31,363, CURRENT US$
Rnk 34 / 196

GDP PC GROWTH Flag (2008-2018): 53.5%, CURRENT US$
Rnk 42 / 196

GDP PC Flag (2018): $19,275, CURRENT US$
Rnk 49 / 196

GDP PC GROWTH Flag (2008-2018): 17.1%, CURRENT US$
Rnk 109 / 196

South Korea-Saint Kitts and Nevis: In 2018, South Korea exported $27.2M to Saint Kitts and Nevis. The main products that South Korea exported to Saint Kitts and Nevis are Passenger and Cargo Ships ($25.2M), Cars ($1.13M), and Delivery Trucks ($494k). During the last 23 years the exports of South Korea to Saint Kitts and Nevis have increased at an annualized rate of 21.5%, from $306k in 1995 to $27.2M in 2018.

In 2018, South Korea did not exported services to Saint Kitts and Nevis.

Saint Kitts and Nevis-South Korea: In 2018, Saint Kitts and Nevis exported $100k to South Korea . The main products that Saint Kitts and Nevis exported to South Korea were Electrical Transformers ($55.6k), Electrical Parts ($22.3k), and Other Measuring Instruments ($6.61k). During the last 23 years the exports of South Korea to Saint Kitts and Nevis have increased at an annualized rate of 21.5%, from $306k in 1995 to $27.2M in 2018.

In 2018, Saint Kitts and Nevis did not exported services to South Korea.

Comparison: In 2018,  South Korea ranked 5 in the Economic Complexity Index (ECI 1.85),  and 5 in total exports ($617B). That same year, Saint Kitts and Nevis ranked 191 in total exports ($72.6M), and does not have data regarding Economic Complexity Index.

Bilateral Trade by Products

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In 2018, South Korea exported $27.2M to Saint Kitts and Nevis. The main products exported from South Korea to Saint Kitts and Nevis were Passenger and Cargo Ships ($25.2M), Cars ($1.13M), and Delivery Trucks ($494k). During the last 23 years the exports of South Korea to Saint Kitts and Nevis have increased at an annualized rate of 21.5%, from $306k in 1995 to $27.2M in 2018.

In 2018, Saint Kitts and Nevis exported $100k to South Korea. The main products exported from Saint Kitts and Nevis to South Korea were Electrical Transformers ($55.6k), Electrical Parts ($22.3k), and Other Measuring Instruments ($6.61k). During the last 20 years the exports of Saint Kitts and Nevis to South Korea have increased at an annualized rate of 18.2%, from $2.15k in 1998 to $100k in 2018.

Market Competitiveness

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South Korea
Top Destination
: China, $160B

Saint Kitts and Nevis
Top Destination
: United States, $35.5M

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

In 2018, 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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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 2018, South Korea had a large net trade with Saint Kitts and Nevis in the exports of Transportation ($26.8M), Plastics and Rubbers ($236k), and Machines ($140k).

During 2018, Saint Kitts and Nevis had a large net trade with South Korea in the exports of Machines ($81.5k), Instruments ($6.61k), and Metals ($5.53k).

Trade Forecasts

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This section shows a forecast for total trade between ${linkedName1} and ${linkedName2}. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

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