South Korea (KOR) and Cook Islands (COK) Trade | The Observatory of Economic Complexity

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South Korea-Cook Islands Trade: In 2022, South Korea exported $56.4k to Cook Islands. The main products that South Korea exported to Cook Islands were Lifting Machinery ($45k), Excavation Machinery ($5.3k), and Bi-Wheel Vehicle Parts ($3.38k). Over the past 5 years the exports of South Korea to Cook Islands have decreased at an annualized rate of 5.3%, from $74.1k in 2017 to $56.4k in 2022.

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

Cook Islands-South Korea Trade: In 2022, Cook Islands exported $1.75k to South Korea. The main products that Cook Islands exported to South Korea were Textile Footwear ($1.23k), Kraft Paper ($219), and Electrical Power Accessories ($147). Over the past 5 years the exports of Cook Islands to South Korea have decreased at an annualized rate of 75.3%, from $1.9M in 2017 to $1.75k in 2022.

In 2022, Cook Islands 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, Cook Islands ranked 210 in total exports ($26.2M), and does not have data regarding Economic Complexity Index.

Latest Trends

October, 2024

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Overview In October 2024, South Korea exported $0 and imported $0 from Cook Islands, resulting in a remained the same trade balance of $0. Between October 2023 and October 2024 the exports of South Korea have decreased by $-9k (-100%) from $9k to $0, while imports remained the same by $0 (N/A%) from $0 to $0.

Trade In October 2024, the top exports of South Korea to Cook Islands were . In October 2024 the top imports of South Korea from Cook Islands were .

Growth In October 2024, the decrease in South Korea's year-by-year exports to Cook Islands was explained primarily by an decrease in product exports in . In October 2024, the change in South Korea's year-by-year imports from Cook Islands 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 $56.4k to Cook Islands. The main products exported from South Korea to Cook Islands were Lifting Machinery ($45k), Excavation Machinery ($5.3k), and Bi-Wheel Vehicle Parts ($3.38k). During the last 5 years the exports of South Korea to Cook Islands have decreased at an annualized rate of 5.3%, from $74.1k in 2017 to $56.4k in 2022.

In 2017, Cook Islands exported $1.75k to South Korea. The main products exported from Cook Islands to South Korea were Textile Footwear ($1.23k), Kraft Paper ($219), and Electrical Power Accessories ($147). During the last 5 years the exports of Cook Islands to South Korea have decreased at an annualized rate of 75.3%, from $1.9M in 2022 to $1.75k in 2017.

Exports from South Korea () to Cook Islands () (2022)

Exports from Cook Islands () to South Korea () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

South Korea
Top DestinationChina$150B

Cook Islands
Top DestinationJapan$11M

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

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

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

Difference in imports from Cook Islands () and South Korea () (2022)

Comparative Advantage South Korea - Cook Islands

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, South Korea had a large net trade with Cook Islands in the exports of Machines ($51.2k), Transportation ($3.38k), and Metals ($1.82k).

During 2017, Cook Islands had a large net trade with South Korea in the exports of Footwear and Headwear ($1.23k), Machines ($299), and Paper Goods ($219).

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of South Korea and Cook Islands. This means that a dot/product with the flag of South Korea indicates it has a comparative advantage over Cook Islands. Similarly, a dot/product with the flag of Cook Islands 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 Cook Islands () (2022)

Exports from Cook Islands () to South Korea () (2022)

Market Competitiveness

Difference in imports from Cook Islands () and South Korea () (2022)

Comparative Advantage South Korea - Cook Islands

Economic Complexity

Competitive Landscape

Product Space of South Korea () and Cook Islands () (2022)

About

Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

Exports from South Korea () to Cook Islands () (2022)

Exports from Cook Islands () to South Korea () (2022)

Market Competitiveness

Difference in imports from Cook Islands () and South Korea () (2022)

Comparative Advantage South Korea - Cook Islands

Economic Complexity

Competitive Landscape

Product Space of South Korea () and Cook Islands () (2022)

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