South Korea (KOR) and Antigua and Barbuda (ATG) Trade | The Observatory of Economic Complexity

About

South Korea-Antigua and Barbuda Trade: In 2022, South Korea exported $4.35M to Antigua and Barbuda. The main products that South Korea exported to Antigua and Barbuda were Cars ($2.13M), Delivery Trucks ($688k), and Electrical Transformers ($274k). Over the past 5 years the exports of South Korea to Antigua and Barbuda have decreased at an annualized rate of 3.02%, from $5.07M in 2017 to $4.35M in 2022.

In 2022, South Korea did not export any services to Antigua and Barbuda.

Antigua and Barbuda-South Korea Trade: In 2022, Antigua and Barbuda exported $870k to South Korea. The main products that Antigua and Barbuda exported to South Korea were Crustaceans ($831k), Other Floating Structures ($15k), and Computers ($14.5k). Over the past 5 years the exports of Antigua and Barbuda to South Korea have decreased at an annualized rate of 17.9%, from $2.34M in 2017 to $870k in 2022.

In 2022, Antigua and Barbuda did not export any services to South Korea.

Comparison In 2022, South Korea ranked 4 in the Economic Complexity Index (ECI 1.78), and 5 in total exports ($705B). That same year, Antigua and Barbuda ranked 188 in total exports ($199M), and does not have data regarding Economic Complexity Index.

Latest Trends

August, 2024

About

Overview In August 2024, South Korea exported $249k and imported $0 from Antigua and Barbuda, resulting in a positive trade balance of $249k. Between August 2023 and August 2024 the exports of South Korea have increased by $237k (1.98k%) from $12k to $249k, while imports remained the same by $0 (N/A%) from $0 to $0.

Trade In August 2024, the top exports of South Korea to Antigua and Barbuda were Cars, tractors, trucks & parts thereof. ($162k), Machinery, mechanical appliances, & parts ($3k), and Fish, crustaceans, & molluscs ($0). In August 2024 the top imports of South Korea from Antigua and Barbuda were Fish, crustaceans, & molluscs ($87k), Machinery, mechanical appliances, & parts ($0), and Cars, tractors, trucks & parts thereof. ($0).

Growth In August 2024, the increase in South Korea's year-by-year exports to Antigua and Barbuda was explained primarily by an increase in product exports in Cars, tractors, trucks & parts thereof. ($105k or 184%). In August 2024, the change in South Korea's year-by-year imports from Antigua and Barbuda was explained primarily by an decrease in product imports in .

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, South Korea exported $4.35M to Antigua and Barbuda. The main products exported from South Korea to Antigua and Barbuda were Cars ($2.13M), Delivery Trucks ($688k), and Electrical Transformers ($274k). During the last 5 years the exports of South Korea to Antigua and Barbuda have decreased at an annualized rate of 3.02%, from $5.07M in 2017 to $4.35M in 2022.

In 2017, Antigua and Barbuda exported $870k to South Korea. The main products exported from Antigua and Barbuda to South Korea were Crustaceans ($831k), Other Floating Structures ($15k), and Computers ($14.5k). During the last 5 years the exports of Antigua and Barbuda to South Korea have decreased at an annualized rate of 17.9%, from $2.34M in 2022 to $870k in 2017.

Exports from South Korea () to Antigua and Barbuda () (2022)

Exports from Antigua and Barbuda () to South Korea () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

South Korea
Top DestinationChina$150B

Antigua and Barbuda
Top DestinationSuriname$54.9M

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

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

In 2022, countries that imported more from Antigua and Barbuda than South Korea included Suriname ($54.9M), Saint Martin ($4.63M), and Barbados ($10.1M).

Difference in imports from Antigua and Barbuda () and South Korea () (2022)

Comparative Advantage South Korea - Antigua and Barbuda

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, South Korea had a large net trade with Antigua and Barbuda in the exports of Transportation ($2.85M), Machines ($690k), and Metals ($364k).

During 2017, Antigua and Barbuda had a large net trade with South Korea in the exports of Animal Products ($831k), Transportation ($15k), and Machines ($14.9k).

Economic Complexity

Competitive Landscape

Year

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

About

Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

Exports from South Korea () to Antigua and Barbuda () (2022)

Exports from Antigua and Barbuda () to South Korea () (2022)

Market Competitiveness

Difference in imports from Antigua and Barbuda () and South Korea () (2022)

Comparative Advantage South Korea - Antigua and Barbuda

Economic Complexity

Competitive Landscape

Product Space of South Korea () and Antigua and Barbuda () (2022)

About

Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

Exports from South Korea () to Antigua and Barbuda () (2022)

Exports from Antigua and Barbuda () to South Korea () (2022)

Market Competitiveness

Difference in imports from Antigua and Barbuda () and South Korea () (2022)

Comparative Advantage South Korea - Antigua and Barbuda

Economic Complexity

Competitive Landscape

Product Space of South Korea () and Antigua and Barbuda () (2022)

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