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

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.

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.

Comparison In 2022,  South Korea ranked 4 in the Economic Complexity Index (ECI 1.78),  and 5 in total exports ($705B). That same year, Curaçao ranked 181 in total exports ($255M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, 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 2017 to $12.4M in 2022.

In 2017, 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 2022 to $28.8k in 2017.

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

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

Market Competitiveness

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

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

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

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

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

Comparative Advantage South Korea - Curaçao

Flow
Scale

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

During 2022, South Korea had a large net trade with Curaçao in the exports of Transportation ($10M), Machines ($1.69M), and Foodstuffs ($303k).

During 2017, Curaçao had a large net trade with South Korea in the exports of Transportation ($13.2k), Miscellaneous ($8.9k), and Machines ($3.29k).

Economic Complexity

Competitive Landscape

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

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

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