Flag Northern Mariana Islands / South Korea Flag

2021
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Exports
: $1.11M, Rnk 1 / 48

2021
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Top Product
: $954k, Scrap Iron

2021
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Exports
: $15.8M, Rnk 157 / 218

2021
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Top Product
: $1.38M, Vaccines, blood, antisera, toxins and cultures

2021
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Economic Complexity (ECI)
: ECI 1.82, Rnk 4 / 131

2021
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 GDP
: $1.8T, CURRENT US$
Rnk 10 / 182

2011-2021
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GDP GROWTH
: 43.5%, CURRENT US$
Rnk 64 / 182

2021
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GDP PC
: $34,758, CURRENT US$
Rnk 28 / 182

2011-2021
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GDP PC GROWTH
: 38.5%, CURRENT US$
Rnk 43 / 182

Northern Mariana Islands-South Korea In 2021, Northern Mariana Islands exported $1.11M to South Korea. The main products that Northern Mariana Islands exported to South Korea are Scrap Iron ($954k), Scrap Copper ($109k), and Refined Petroleum ($10.2k). During the last 26 years the exports of Northern Mariana Islands to South Korea have increased at an annualized rate of 12.6%, from $51.1k in 1995 to $1.11M in 2021.

In 2021, Northern Mariana Islands did not export any services to South Korea.

South Korea-Northern Mariana Islands In 2021, South Korea exported $15.8M to Northern Mariana Islands. The main products that South Korea exported to Northern Mariana Islands were Vaccines, blood, antisera, toxins and cultures ($1.38M), Raw Iron Bars ($1.35M), and Lifting Machinery ($995k). During the last 26 years the exports of South Korea to Northern Mariana Islands have increased at an annualized rate of 0.93%, from $12.4M in 1995 to $15.8M in 2021.

In 2021, South Korea did not export any services to Northern Mariana Islands.

Comparison In 2021,  Northern Mariana Islands ranked 224 in total exports ($3.16M), and does not have data regarding Economic Complexity Index. That same year, South Korea ranked 4 in the Economic Complexity Index (ECI 1.82), and 5 in total exports ($653B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2021, Northern Mariana Islands exported $1.11M to South Korea. The main products exported from Northern Mariana Islands to South Korea were Scrap Iron ($954k), Scrap Copper ($109k), and Refined Petroleum ($10.2k). During the last 26 years the exports of Northern Mariana Islands to South Korea have increased at an annualized rate of 12.6%, from $51.1k in 1995 to $1.11M in 2021.

In 2021, South Korea exported $15.8M to Northern Mariana Islands. The main products exported from South Korea to Northern Mariana Islands were Vaccines, blood, antisera, toxins and cultures ($1.38M), Raw Iron Bars ($1.35M), and Lifting Machinery ($995k). During the last 26 years the exports of South Korea to Northern Mariana Islands have increased at an annualized rate of 0.93%, from $12.4M in 1995 to $15.8M in 2021.

South Korea Exports

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Market Competitiveness

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Color

Northern Mariana Islands
Top Destination
: South Korea, $1.11M

South Korea
Top Destination
: China, $158B

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

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

In 2021, countries that imported more from South Korea than Northern Mariana Islands were China ($158B), United States ($95.9B), and Vietnam ($56.5B).

Comparative Advantage Northern Mariana Islands - South Korea

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Flow
Scale

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

During 2021, Northern Mariana Islands had a large net trade with South Korea in the exports of Metals ($1.06M), Mineral Products ($10.2k), and Machines ($9.14k).

During 2021, South Korea had a large net trade with Northern Mariana Islands in the exports of Foodstuffs ($3.46M), Metals ($2.79M), and Chemical Products ($2.18M).

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