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Pricing

2022
Flag → Flag
Exports $24.4MRnk 152 / 220
2022
Flag → Flag
Top Product $6.25MRefined Petroleum
2022
Flag → Flag
Exports $1.16MRnk 1 / 41
2022
Flag → Flag
Top Product $647kScrap Iron
2022
Flag
Economic Complexity (ECI) ECI 1.71Rnk 4 / 124
2022
Flag  
GDP$1.67TCURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP GROWTH30.3%CURRENT US$
Rnk 100 / 186
2022
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GDP PC $32,255CURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP PC GROWTH26.7%CURRENT US$
Rnk 70 / 186

About

South Korea-Northern Mariana Islands In 2022, South Korea exported $24.4M to Northern Mariana Islands. The main products that South Korea exported to Northern Mariana Islands are Refined Petroleum ($6.25M), Other Plastic Products ($2.95M), and Vaccines, blood, antisera, toxins and cultures ($1.53M). During the last 27 years the exports of South Korea to Northern Mariana Islands have increased at an annualized rate of 2.53%, from $12.4M in 1995 to $24.4M in 2022.

In 2022, South Korea did not export any services to Northern Mariana Islands.

Northern Mariana Islands-South Korea In 2022, Northern Mariana Islands exported $1.16M to South Korea. The main products that Northern Mariana Islands exported to South Korea were Scrap Iron ($647k), Refined Petroleum ($285k), and Scrap Copper ($161k). During the last 27 years the exports of Northern Mariana Islands to South Korea have increased at an annualized rate of 12.3%, from $51.2k in 1995 to $1.16M in 2022.

In 2022, Northern Mariana Islands did not export any services to South Korea.

Comparison In 2022,  South Korea ranked 4 in the Economic Complexity Index (ECI 1.71),  and 5 in total exports ($705B). That same year, Northern Mariana Islands ranked 224 in total exports ($2.43M), and does not have data regarding Economic Complexity Index.

Latest Trends

February, 2024

About

Overview In February 2024, South Korea exported $1.62M and imported $107k from Northern Mariana Islands, resulting in a positive trade balance of $1.51M. Between February 2023 and February 2024 the exports of South Korea have increased by $318k (24.5%) from $1.3M to $1.62M, while imports decreased by $-8k (-6.96%) from $115k to $107k.

Trade In February 2024, the top exports of South Korea to Northern Mariana Islands were Iron or steel articles ($101k), Miscellaneous edible preparations ($98k), Preparations of cereals, flour, starch or... ($97k), Furniture, bedding, lamps, & prefab buildings ($77k), and Plastics & articles thereof ($69k). In February 2024 the top imports of South Korea from Northern Mariana Islands were Copper articles ($280k), Tobacco & substitutes ($31k), Iron & steel ($15k), Electrical machinery and electronics ($1k), and Fish, crustaceans, & molluscs ($0).

Growth In February 2024, the increase in South Korea's year-by-year exports to Northern Mariana Islands was explained primarily by an increase in product exports in Furniture, bedding, lamps, & prefab buildings ($76k or 7.6k%), Iron or steel articles ($64k or 173%), and Miscellaneous edible preparations ($51k or 109%). In February 2024, the decrease in South Korea's year-by-year imports  from Northern Mariana Islands was explained primarily by an decrease in product imports  in Iron & steel ($-26k or -63.4%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (February 2023 - February 2024)$318k(24.5%)
IMPORT GROWTH (February 2023 - February 2024)$-8k(-6.96%)

This section shows exports and imports data at subnational level for South Korea. Click any date in the line plot or any product to explore the exports or imports behavior of South Korea over time.

To check Northern Mariana Islands and South Korea trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Korea exported $24.4M to Northern Mariana Islands. The main products exported from South Korea to Northern Mariana Islands were Refined Petroleum ($6.25M), Other Plastic Products ($2.95M), and Vaccines, blood, antisera, toxins and cultures ($1.53M). During the last 27 years the exports of South Korea to Northern Mariana Islands have increased at an annualized rate of 2.53%, from $12.4M in 1995 to $24.4M in 2022.

In 2022, Northern Mariana Islands exported $1.16M to South Korea. The main products exported from Northern Mariana Islands to South Korea were Scrap Iron ($647k), Refined Petroleum ($285k), and Scrap Copper ($161k). During the last 27 years the exports of Northern Mariana Islands to South Korea have increased at an annualized rate of 12.3%, from $51.2k in 1995 to $1.16M in 2022.

Exports from South Korea (Flag) to Northern Mariana Islands (Flag) (2022)

Exports from Northern Mariana Islands (Flag) to South Korea (Flag) (2022)

Market Competitiveness

Color
South Korea
Top DestinationChina$150B
Northern Mariana Islands
Top DestinationSouth Korea$1.16M

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

In 2021, countries that imported more from South Korea than Northern Mariana Islands were China ($150B), United States ($112B), and Vietnam ($60.7B).

In 2019, no countries were registered that imported more from Northern Mariana Islands than from South Korea.

Difference in imports from Northern Mariana Islands (Flag) and South Korea (Flag) (2022)

Comparative Advantage South Korea - Northern Mariana Islands

Flow
Scale

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

During 2022, South Korea had a large net trade with Northern Mariana Islands in the exports of Mineral Products ($7.19M), Plastics and Rubbers ($4.23M), and Foodstuffs ($3.41M).

During 2022, Northern Mariana Islands had a large net trade with South Korea in the exports of Metals ($862k), Mineral Products ($285k), and Paper Goods ($8.16k).

Economic Complexity

Competitive Landscape

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

Product Space of South Korea (Flag) and Northern Mariana Islands (Flag) (2022)

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