Macau (MAC) and South Korea (KOR) Trade | The Observatory of Economic Complexity

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Macau-South Korea Trade: In 2022, Macau exported $1.78M to South Korea. The main products that Macau exported to South Korea were Integrated Circuits ($338k), Knit Sweaters ($225k), and Trunks and Cases ($211k). Over the past 5 years the exports of Macau to South Korea have decreased at an annualized rate of 18.5%, from $4.94M in 2017 to $1.78M in 2022.

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

South Korea-Macau Trade: In 2022, South Korea exported $43.8M to Macau. The main products that South Korea exported to Macau were Video Recording Equipment ($5.81M), Insulated Wire ($4.29M), and Cars ($3.07M). Over the past 5 years the exports of South Korea to Macau have decreased at an annualized rate of 6.21%, from $60.4M in 2017 to $43.8M in 2022.

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

Comparison In 2022, Macau ranked 146 in total exports ($1.88B), and does not have data regarding Economic Complexity Index. That same year, South Korea ranked 4 in the Economic Complexity Index (ECI 1.78), and 5 in total exports ($705B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Macau exported $1.78M to South Korea. The main products exported from Macau to South Korea were Integrated Circuits ($338k), Knit Sweaters ($225k), and Trunks and Cases ($211k). During the last 5 years the exports of Macau to South Korea have decreased at an annualized rate of 18.5%, from $4.94M in 2017 to $1.78M in 2022.

In 2017, South Korea exported $43.8M to Macau. The main products exported from South Korea to Macau were Video Recording Equipment ($5.81M), Insulated Wire ($4.29M), and Cars ($3.07M). During the last 5 years the exports of South Korea to Macau have decreased at an annualized rate of 6.21%, from $60.4M in 2022 to $43.8M in 2017.

Exports from Macau () to South Korea () (2022)

Exports from South Korea () to Macau () (2022)

Latest Data

Trade between Macau () and South Korea ()

Macau Exports

Date

South Korea Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Macau
Top DestinationHong Kong$1.22B

South Korea
Top DestinationChina$150B

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

In 2022, no countries were registered that imported more from Macau than from South Korea.

In 2022, countries that imported more from South Korea than Macau included China ($150B), United States ($112B), and Vietnam ($60.7B).

Difference in imports from South Korea () and Macau () (2022)

Comparative Advantage Macau - South Korea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Macau had a large net trade with South Korea in the exports of Textiles ($657k), Machines ($483k), and Animal Hides ($215k).

During 2017, South Korea had a large net trade with Macau in the exports of Machines ($17.4M), Transportation ($5.52M), and Foodstuffs ($4.02M).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Macau and South Korea. This means that a dot/product with the flag of Macau indicates it has a comparative advantage over South Korea. Similarly, a dot/product with the flag of South Korea indicates it has a comparative advantage over Macau.

About

Historical Data

Bilateral Trade by Products

Exports from Macau () to South Korea () (2022)

Exports from South Korea () to Macau () (2022)

Latest Data

Trade between Macau () and South Korea ()

Macau Exports

South Korea Exports

Market Competitiveness

Difference in imports from South Korea () and Macau () (2022)

Comparative Advantage Macau - South Korea

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Macau () and South Korea () (2022)

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