Northern Mariana Islands (MNP) and South Korea (KOR) Trade | The Observatory of Economic Complexity

2022

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Exports $1.16MRnk 1 / 41

2022

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About

Northern Mariana Islands-South Korea Trade: In 2022, Northern Mariana Islands exported $1.16M to South Korea. The main products that Northern Mariana Islands exported to South Korea were Scrap Iron ($647k), Refined Petroleum ($285k), and Scrap Copper ($161k). Over the past 5 years the exports of Northern Mariana Islands to South Korea have decreased at an annualized rate of 4.33%, from $1.45M in 2017 to $1.16M in 2022.

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

South Korea-Northern Mariana Islands Trade: In 2022, South Korea exported $24.4M to Northern Mariana Islands. The main products that South Korea exported to Northern Mariana Islands were Refined Petroleum ($6.25M), Other Plastic Products ($2.95M), and Vaccines, blood, antisera, toxins and cultures ($1.53M). Over the past 5 years the exports of South Korea to Northern Mariana Islands have increased at an annualized rate of 10.9%, from $14.5M in 2017 to $24.4M in 2022.

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

Comparison In 2022, Northern Mariana Islands ranked 224 in total exports ($2.43M), and does not have data regarding Economic Complexity Index. That same year, South Korea ranked 4 in the Economic Complexity Index (ECI 1.78), and 5 in total exports ($705B).

Historical Data

Latest Data

Trade between Northern Mariana Islands () and South Korea ()

South Korea Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Northern Mariana Islands
Top DestinationSouth Korea$1.16M

South Korea
Top DestinationChina$150B

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

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

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

Difference in imports from South Korea () and Northern Mariana Islands () (2022)

Economic Complexity

Competitive Landscape

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