Aruba (ABW) and South Korea (KOR) Trade | The Observatory of Economic Complexity

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Aruba-South Korea Trade: In 2022, Aruba exported $13.8k to South Korea. The main products that Aruba exported to South Korea were Refined Petroleum ($10.5k), Non-Knit Active Wear ($1.05k), and Used Clothing ($681). Over the past 5 years the exports of Aruba to South Korea have decreased at an annualized rate of 74.8%, from $13.5M in 2017 to $13.8k in 2022.

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

South Korea-Aruba Trade: In 2022, South Korea exported $26.1M to Aruba. The main products that South Korea exported to Aruba were Cars ($10.5M), Rolled Tobacco ($10.3M), and Delivery Trucks ($2.3M). Over the past 5 years the exports of South Korea to Aruba have increased at an annualized rate of 8.98%, from $17M in 2017 to $26.1M in 2022.

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

Comparison In 2022, Aruba ranked 194 in total exports ($123M), 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, Aruba exported $13.8k to South Korea. The main products exported from Aruba to South Korea were Refined Petroleum ($10.5k), Non-Knit Active Wear ($1.05k), and Used Clothing ($681). During the last 5 years the exports of Aruba to South Korea have decreased at an annualized rate of 74.8%, from $13.5M in 2017 to $13.8k in 2022.

In 2017, South Korea exported $26.1M to Aruba. The main products exported from South Korea to Aruba were Cars ($10.5M), Rolled Tobacco ($10.3M), and Delivery Trucks ($2.3M). During the last 5 years the exports of South Korea to Aruba have increased at an annualized rate of 8.98%, from $17M in 2022 to $26.1M in 2017.

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

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

Latest Data

Trade between Aruba () and South Korea ()

Aruba Exports

Date

South Korea Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Aruba
Top DestinationColombia$49M

South Korea
Top DestinationChina$150B

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

In 2022, countries that imported more from Aruba than South Korea included Bonaire ($1.48M).

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

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

Comparative Advantage Aruba - South Korea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Aruba had a large net trade with South Korea in the exports of Mineral Products ($10.5k), Textiles ($1.73k), and Machines ($660).

During 2017, South Korea had a large net trade with Aruba in the exports of Transportation ($14.3M), Foodstuffs ($10.4M), and Chemical Products ($697k).

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 Aruba and South Korea. This means that a dot/product with the flag of Aruba 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 Aruba.

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Aruba () and South Korea ()

Aruba Exports

South Korea Exports

Market Competitiveness

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

Comparative Advantage Aruba - South Korea

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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