2023
Flag  
GDP
$1.71TCURRENT US$
Rnk 14 / 195
2013-2023
Flag
GDP GROWTH
25%CURRENT US$
Rnk 127 / 195
2023
Flag
 GDP
$154MCURRENT US$
Rnk 194 / 195
2013-2023
Flag
GDP GROWTH
63.3%CURRENT US$
Rnk 45 / 195
2023
Flag
GDP PC 
$33,121CURRENT US$
Rnk 41 / 195
2013-2023
Flag
GDP PC GROWTH
21.9%CURRENT US$
Rnk 99 / 195
2023
Flag
GDP PC
$12,983CURRENT US$
Rnk 78 / 196
2013-2023
Flag
GDP PC GROWTH
44.7%CURRENT US$
Rnk 54 / 195

About

South Korea-Nauru Trade: In 2022, South Korea exported $1.35M to Nauru. The main products that South Korea exported to Nauru were N/A. Over the past 5 years the exports of South Korea to Nauru have increased at an annualized rate of 56.3%, from $144k in 2017 to $1.35M in 2022.

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

Nauru-South Korea Trade: In 2022, Nauru exported $25.5M to South Korea. The main products that Nauru exported to South Korea were N/A. Over the past 5 years the exports of Nauru to South Korea have increased at an annualized rate of 40.1%,  from $4.73M in 2017 to $25.5M in 2022.

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

Comparison In 2023,  South Korea ranked 4 in the Economic Complexity Index (ECI 1.85),  and 5 in total exports ($645B). That same year, Nauru ranked 185 in total exports ($205M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Korea exported $1.35M to Nauru. There were not main exports from South Korea to Nauru in 2022. During the last 5 years the exports of South Korea to Nauru have increased at an annualized rate of 56.3%, from $144k in 2017 to $1.35M in 2022.

In 2017, Nauru exported $25.5M to South Korea. There were not main exports from Nauru to South Korea in 2017. During the last 5 years the exports of Nauru to South Korea have increased at an annualized rate of 40.1%, from $4.73M in 2022 to $25.5M in 2017.

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

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

Market Competitiveness

Color
South Korea
Top Destination
N/AN/A
Nauru
Top Destination
N/AN/A

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

N/A

N/A

Difference in imports from Nauru (Flag) and South Korea (Flag) (2023)

Comparative Advantage South Korea - Nauru

Flow
Scale

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

During 2022, South Korea had a large net trade with Nauru in the exports of .

During 2017, Nauru had a large net trade with South Korea in the exports of .

Economic Complexity

Competitive Landscape

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

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

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