South Korea / Tuvalu

South Korea-Tuvalu Trade: In 2022, South Korea exported $4.01M to Tuvalu. The main products that South Korea exported to Tuvalu were Twine, cordage or rope; knotted netting, made up fishing nets and other made up nets, of textile materials ($1.6M), Engine Parts ($1.34M), and Stranded Iron Wire ($404k). Over the past 5 years the exports of South Korea to Tuvalu have decreased at an annualized rate of 3.45%, from $4.79M in 2017 to $4.01M in 2022.

In 2022, South Korea did not export any services to Tuvalu.

Tuvalu-South Korea Trade: In 2022, Tuvalu exported $1.41M to South Korea. The main products that Tuvalu exported to South Korea were Non-fillet Frozen Fish ($1.39M), Twine, cordage or rope; knotted netting, made up fishing nets and other made up nets, of textile materials ($17k), and Scrap Aluminium ($7.25k). Over the past 5 years the exports of Tuvalu to South Korea have increased at an annualized rate of 853%,  from $18 in 2017 to $1.41M in 2022.

In 2022, Tuvalu did not export any services to South Korea.

Comparison In 2022,  South Korea ranked 4 in the Economic Complexity Index (ECI 1.78),  and 5 in total exports ($705B). That same year, Tuvalu ranked 198 in total exports ($72.1M), and does not have data regarding Economic Complexity Index.