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Pricing

2022
Flag → Flag
Exports $37.4MRnk 141 / 220
2022
Flag → Flag
Top Product $19.8MCoated Flat-Rolled Iron
2022
Flag → Flag
Exports $1.47MRnk 10 / 59
2022
Flag → Flag
Top Product $1.06MScrap Iron
2022
Flag
Economic Complexity (ECI) ECI 1.71Rnk 4 / 124
2022
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GDP$1.67TCURRENT US$
Rnk 13 / 186
2012-2022
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GDP GROWTH30.3%CURRENT US$
Rnk 100 / 186
2022
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 GDP$832MCURRENT US$
Rnk 179 / 186
2012-2022
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GDP GROWTH7.67%CURRENT US$
Rnk 149 / 186
2022
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GDP PC $32,255CURRENT US$
Rnk 33 / 186
2012-2022
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GDP PC GROWTH26.7%CURRENT US$
Rnk 70 / 186
2022
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GDP PC$3,743CURRENT US$
Rnk 125 / 186
2012-2022
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GDP PC GROWTH-4.08%CURRENT US$
Rnk 151 / 186

About

South Korea-Samoa In 2022, South Korea exported $37.4M to Samoa. The main products that South Korea exported to Samoa are Coated Flat-Rolled Iron ($19.8M), Metal Stoppers ($13.4M), and Pasta ($1.24M). During the last 27 years the exports of South Korea to Samoa have increased at an annualized rate of 10.7%, from $2.43M in 1995 to $37.4M in 2022.

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

Samoa-South Korea In 2022, Samoa exported $1.47M to South Korea. The main products that Samoa exported to South Korea were Scrap Iron ($1.06M), Fruit Juice ($174k), and Industrial Fatty Acids, Oils and Alcohols ($157k). During the last 27 years the exports of Samoa to South Korea have increased at an annualized rate of 14.7%, from $36.3k in 1995 to $1.47M in 2022.

In 2022, Samoa 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, Samoa ranked 202 in total exports ($51.9M), and does not have data regarding Economic Complexity Index.

Latest Trends

February, 2024

About

Overview In February 2024, South Korea exported $6.04M and imported $0 from Samoa, resulting in a positive trade balance of $6.04M. Between February 2023 and February 2024 the exports of South Korea have increased by $1.42M (30.6%) from $4.63M to $6.04M, while imports decreased by $-27k (-100%) from $27k to $0.

Trade In February 2024, the top exports of South Korea to Samoa were Iron & steel ($1.92M), Miscellaneous metal products ($1.75M), Preparations of cereals, flour, starch or... ($239k), Cars, tractors, trucks & parts thereof. ($123k), and Fertilizers ($23k). In February 2024 the top imports of South Korea from Samoa were Electrical machinery and electronics ($33k), Fish, crustaceans, & molluscs ($0), Preparations of fish, crustacenas, & molluscs ($0), Preparations of cereals, flour, starch or... ($0), and Miscellaneous edible preparations ($0).

Growth In February 2024, the increase in South Korea's year-by-year exports to Samoa was explained primarily by an increase in product exports in Miscellaneous metal products ($1.21M or 225%), Preparations of cereals, flour, starch or... ($78k or 48.4%), and Machinery, mechanical appliances, & parts ($15k or 300%). In February 2024, the decrease in South Korea's year-by-year imports  from Samoa was explained primarily by an decrease in product imports  in Iron & steel ($-37k or -100%) and Electrical machinery and electronics ($-7k or -17.5%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (February 2023 - February 2024)$1.42M(30.6%)
IMPORT GROWTH (February 2023 - February 2024)$-27k(-100%)

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 Samoa and South Korea trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Korea exported $37.4M to Samoa. The main products exported from South Korea to Samoa were Coated Flat-Rolled Iron ($19.8M), Metal Stoppers ($13.4M), and Pasta ($1.24M). During the last 27 years the exports of South Korea to Samoa have increased at an annualized rate of 10.7%, from $2.43M in 1995 to $37.4M in 2022.

In 2022, Samoa exported $1.47M to South Korea. The main products exported from Samoa to South Korea were Scrap Iron ($1.06M), Fruit Juice ($174k), and Industrial Fatty Acids, Oils and Alcohols ($157k). During the last 27 years the exports of Samoa to South Korea have increased at an annualized rate of 14.7%, from $36.3k in 1995 to $1.47M in 2022.

Exports from South Korea (Flag) to Samoa (Flag) (2022)

Exports from Samoa (Flag) to South Korea (Flag) (2022)

Market Competitiveness

Color
South Korea
Top DestinationChina$150B
Samoa
Top DestinationIndia$11.9M

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

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

In 2019, no countries were registered that imported more from Samoa than from South Korea.

Difference in imports from Samoa (Flag) and South Korea (Flag) (2022)

Comparative Advantage South Korea - Samoa

Flow
Scale

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

During 2022, South Korea had a large net trade with Samoa in the exports of Metals ($33.4M), Foodstuffs ($1.71M), and Transportation ($833k).

During 2022, Samoa had a large net trade with South Korea in the exports of Metals ($1.14M), Foodstuffs ($174k), and Chemical Products ($157k).

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

Product Space of South Korea (Flag) and Samoa (Flag) (2022)

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