2022
Flag
 GDP
$1.67TCURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP GROWTH
30.3%CURRENT US$
Rnk 100 / 186
2022
Flag
GDP PC
$32,255CURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP PC GROWTH
26.7%CURRENT US$
Rnk 70 / 186

About

Curaçao-South Korea Trade: In 2022, Curaçao exported $28.8k to South Korea. The main products that Curaçao exported to South Korea were Delivery Trucks ($13.2k), Seats ($8.63k), and Insulated Wire ($1.78k). Over the past 5 years the exports of Curaçao to South Korea have decreased at an annualized rate of 16.9%, from $72.8k in 2017 to $28.8k in 2022.

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

South Korea-Curaçao Trade: In 2022, South Korea exported $12.4M to Curaçao. The main products that South Korea exported to Curaçao were Cars ($8.97M), Engine Parts ($835k), and Delivery Trucks ($692k). Over the past 5 years the exports of South Korea to Curaçao have decreased at an annualized rate of 5.73%,  from $16.6M in 2017 to $12.4M in 2022.

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

Comparison In 2022,  Curaçao ranked 181 in total exports ($255M), 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
Value

In 2022, Curaçao exported $28.8k to South Korea. The main products exported from Curaçao to South Korea were Delivery Trucks ($13.2k), Seats ($8.63k), and Insulated Wire ($1.78k). During the last 5 years the exports of Curaçao to South Korea have decreased at an annualized rate of 16.9%, from $72.8k in 2017 to $28.8k in 2022.

In 2017, South Korea exported $12.4M to Curaçao. The main products exported from South Korea to Curaçao were Cars ($8.97M), Engine Parts ($835k), and Delivery Trucks ($692k). During the last 5 years the exports of South Korea to Curaçao have decreased at an annualized rate of 5.73%, from $16.6M in 2022 to $12.4M in 2017.

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

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

Latest Data

Trade between Curaçao (Flag) and South Korea (Flag)

South Korea Exports

Market Competitiveness

Color
Curaçao
Top Destination
United States$43.3M
South Korea
Top Destination
China$150B

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

In 2022, countries that imported more from Curaçao than South Korea included Grenada ($3.02M).

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

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

Comparative Advantage Curaçao - South Korea

Flow
Scale

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

During 2022, Curaçao had a large net trade with South Korea in the exports of Transportation ($13.2k), Miscellaneous ($8.9k), and Machines ($3.29k).

During 2017, South Korea had a large net trade with Curaçao in the exports of Transportation ($10M), Machines ($1.69M), and Foodstuffs ($303k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Curaçao and South Korea. This means that a dot/product with the flag of Curaçao 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 Curaçao.

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

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