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Pricing

2022
Flag → Flag
Exports $4.93MRnk 181 / 220
2022
Flag → Flag
Top Product $2.97MCoated Flat-Rolled Iron
2022
Flag → Flag
Exports $1.07MRnk 13 / 79
2022
Flag → Flag
Top Product $1.04MNon-fillet Frozen Fish
2022
Flag
Economic Complexity (ECI) ECI 1.78Rnk 4 / 133
2022
Flag  
GDP$1.67TCURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP GROWTH30.3%CURRENT US$
Rnk 100 / 186
2022
Flag
 GDP$949MCURRENT US$
Rnk 178 / 186
2012-2022
Flag
GDP GROWTH29.9%CURRENT US$
Rnk 101 / 186
2022
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GDP PC $32,255CURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP PC GROWTH26.7%CURRENT US$
Rnk 70 / 186
2022
Flag
GDP PC$9,125CURRENT US$
Rnk 81 / 186
2012-2022
Flag
GDP PC GROWTH35.1%CURRENT US$
Rnk 57 / 186

About

South Korea-Saint Vincent and the Grenadines Trade: In 2022, South Korea exported $4.93M to Saint Vincent and the Grenadines. The main products that South Korea exported to Saint Vincent and the Grenadines were Coated Flat-Rolled Iron ($2.97M), Large Construction Vehicles ($1.01M), and Electric Batteries ($574k). Over the past 5 years the exports of South Korea to Saint Vincent and the Grenadines have increased at an annualized rate of 14.4%, from $2.51M in 2017 to $4.93M in 2022.

In 2022, South Korea did not export any services to Saint Vincent and the Grenadines.

Saint Vincent and the Grenadines-South Korea Trade: In 2022, Saint Vincent and the Grenadines exported $1.07M to South Korea. The main products that Saint Vincent and the Grenadines exported to South Korea were Non-fillet Frozen Fish ($1.04M), Other Floating Structures ($20k), and Trunks and Cases ($8.53k). Over the past 5 years the exports of Saint Vincent and the Grenadines to South Korea have increased at an annualized rate of 179%,  from $6.33k in 2017 to $1.07M in 2022.

In 2022, Saint Vincent and the Grenadines 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, Saint Vincent and the Grenadines ranked 197 in total exports ($82.5M), and does not have data regarding Economic Complexity Index.

Latest Trends

October, 2024

About

Overview In October 2024, South Korea exported $78k and imported $0 from Saint Vincent and the Grenadines, resulting in a positive trade balance of $78k. Between October 2023 and October 2024 the exports of South Korea have decreased by $-134k (-63.2%) from $212k to $78k, while imports remained the same by $0 (N/A%) from $0 to $0.

Trade In October 2024, the top exports of South Korea to Saint Vincent and the Grenadines were Electrical machinery and electronics ($54k). In October 2024 the top imports of South Korea from Saint Vincent and the Grenadines were Electrical machinery and electronics ($0).

Growth In October 2024, the decrease in South Korea's year-by-year exports to Saint Vincent and the Grenadines was explained primarily by an decrease in product exports in . In October 2024, the change in South Korea's year-by-year imports  from Saint Vincent and the Grenadines was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (October 2023 - October 2024)$-134k(-63.2%)
IMPORT GROWTH (October 2023 - October 2024)$0(N/A%)

This section shows exports and imports data at subnational level for South Korea. Click any date in the line plot or any product to explore the exports or imports behavior of South Korea over time.

To check Saint Vincent and the Grenadines and South Korea trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Saint Vincent and the Grenadines and South Korea Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Korea exported $4.93M to Saint Vincent and the Grenadines. The main products exported from South Korea to Saint Vincent and the Grenadines were Coated Flat-Rolled Iron ($2.97M), Large Construction Vehicles ($1.01M), and Electric Batteries ($574k). During the last 5 years the exports of South Korea to Saint Vincent and the Grenadines have increased at an annualized rate of 14.4%, from $2.51M in 2017 to $4.93M in 2022.

In 2017, Saint Vincent and the Grenadines exported $1.07M to South Korea. The main products exported from Saint Vincent and the Grenadines to South Korea were Non-fillet Frozen Fish ($1.04M), Other Floating Structures ($20k), and Trunks and Cases ($8.53k). During the last 5 years the exports of Saint Vincent and the Grenadines to South Korea have increased at an annualized rate of 179%, from $6.33k in 2022 to $1.07M in 2017.

Exports from South Korea (Flag) to Saint Vincent and the Grenadines (Flag) (2022)

Exports from Saint Vincent and the Grenadines (Flag) to South Korea (Flag) (2022)

Market Competitiveness

Color
South Korea
Top DestinationChina$150B
Saint Vincent and the Grenadines
Top DestinationMalaysia$27.8M

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

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

In 2022, no countries were registered that imported more from Saint Vincent and the Grenadines than from South Korea.

Difference in imports from Saint Vincent and the Grenadines (Flag) and South Korea (Flag) (2022)

Comparative Advantage South Korea - Saint Vincent and the Grenadines

Flow
Scale

This chart compares trade between South Korea and Saint Vincent and the Grenadines by product, considering products traded by both, South Korea and Saint Vincent and the Grenadines.

During 2022, South Korea had a large net trade with Saint Vincent and the Grenadines in the exports of Metals ($2.97M), Machines ($1.58M), and Transportation ($289k).

During 2017, Saint Vincent and the Grenadines had a large net trade with South Korea in the exports of Animal Products ($1.04M), Transportation ($20k), and Animal Hides ($8.53k).

Economic Complexity

Competitive Landscape

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

Product Space of South Korea (Flag) and Saint Vincent and the Grenadines (Flag) (2022)

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