2022
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GDP
$1.67TCURRENT US$
Rnk 13 / 186
2012-2022
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GDP GROWTH
30.3%CURRENT US$
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2022
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 GDP
$22BCURRENT US$
Rnk 111 / 186
2012-2022
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GDP GROWTH
-49.1%CURRENT US$
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2022
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GDP PC 
$32,255CURRENT US$
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2012-2022
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GDP PC GROWTH
26.7%CURRENT US$
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2022
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GDP PC
$31,618CURRENT US$
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2012-2022
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GDP PC GROWTH
-57.3%CURRENT US$
Rnk 184 / 186

About

South Korea-Macau In 2022, South Korea exported $43.8M to Macau. The main products that South Korea exported to Macau are Video Recording Equipment ($5.81M), Insulated Wire ($4.29M), and Cars ($3.07M). During the last 27 years the exports of South Korea to Macau have decreased at an annualized rate of 1.99%, from $75.5M in 1995 to $43.8M in 2022.

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

Macau-South Korea In 2022, Macau exported $1.78M to South Korea. The main products that Macau exported to South Korea were Integrated Circuits ($338k), Knit Sweaters ($225k), and Trunks and Cases ($211k). During the last 27 years the exports of Macau to South Korea have decreased at an annualized rate of 4.4%, from $5.99M in 1995 to $1.78M in 2022.

In 2022, Macau 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, Macau ranked 146 in total exports ($1.88B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Korea exported $43.8M to Macau. The main products exported from South Korea to Macau were Video Recording Equipment ($5.81M), Insulated Wire ($4.29M), and Cars ($3.07M). During the last 27 years the exports of South Korea to Macau have decreased at an annualized rate of 1.99%, from $75.5M in 1995 to $43.8M in 2022.

In 2022, Macau exported $1.78M to South Korea. The main products exported from Macau to South Korea were Integrated Circuits ($338k), Knit Sweaters ($225k), and Trunks and Cases ($211k). During the last 27 years the exports of Macau to South Korea have decreased at an annualized rate of 4.4%, from $5.99M in 1995 to $1.78M in 2022.

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

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

Market Competitiveness

Color
South Korea
Top Destination
China$150B
Macau
Top Destination
Hong Kong$1.22B

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

In 2021, countries that imported more from South Korea than Macau were China ($150B), United States ($112B), and Vietnam ($60.7B).

In 2019, no countries were registered that imported more from Macau than from South Korea.

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

Comparative Advantage South Korea - Macau

Flow
Scale

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

During 2022, South Korea had a large net trade with Macau in the exports of Machines ($17.4M), Transportation ($5.52M), and Foodstuffs ($4.02M).

During 2022, Macau had a large net trade with South Korea in the exports of Textiles ($657k), Machines ($483k), and Animal Hides ($215k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more South Korea has comparative advantage over Macau. Similarly, the more yellow a dot/product is, the more Macau has comparative advantage over South Korea.

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

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