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

Tokelau-South Korea Trade: In 2022, Tokelau exported $70k to South Korea. The main products that Tokelau exported to South Korea were Titanium ($18.9k), Tensile Testing Machines ($11.4k), and Furskin Apparel ($4.17k). Over the past 5 years the exports of Tokelau to South Korea have decreased at an annualized rate of 13.6%, from $145k in 2017 to $70k in 2022.

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

South Korea-Tokelau Trade: In 2022, South Korea exported $797 to Tokelau. The main products that South Korea exported to Tokelau were Delivery Trucks ($797). Over the past 5 years the exports of South Korea to Tokelau have decreased at an annualized rate of 38.1%,  from $8.78k in 2017 to $797 in 2022.

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

Comparison In 2022,  Tokelau ranked 180 in total exports ($339M), 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

Bilateral Trade by Products

Depth
Value

In 2022, Tokelau exported $70k to South Korea. The main products exported from Tokelau to South Korea were Titanium ($18.9k), Tensile Testing Machines ($11.4k), and Furskin Apparel ($4.17k). During the last 5 years the exports of Tokelau to South Korea have decreased at an annualized rate of 13.6%, from $145k in 2017 to $70k in 2022.

In 2017, South Korea exported $797 to Tokelau. The main products exported from South Korea to Tokelau were Delivery Trucks ($797). During the last 5 years the exports of South Korea to Tokelau have decreased at an annualized rate of 38.1%, from $8.78k in 2022 to $797 in 2017.

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

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

Latest Data

Trade between Tokelau (Flag) and South Korea (Flag)

South Korea Exports

Market Competitiveness

Color
Tokelau
Top Destination
Poland$328M
South Korea
Top Destination
China$150B

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

In 2022, no countries were registered that imported more from Tokelau than from South Korea.

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

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

Comparative Advantage Tokelau - South Korea

Flow
Scale

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

During 2022, Tokelau had a large net trade with South Korea in the exports of Metals ($19.1k), Textiles ($15.9k), and Instruments ($11.4k).

During 2017, South Korea had a large net trade with Tokelau in the exports of Transportation ($797).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Tokelau and South Korea. This means that a dot/product with the flag of Tokelau 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 Tokelau.

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

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