Tuvalu (TUV) and South Korea (KOR) Trade | The Observatory of Economic Complexity

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Tuvalu-South Korea Trade: In 2022, Tuvalu exported $1.55M to South Korea. The main products that Tuvalu exported to South Korea were N/A. Over the past 5 years the exports of Tuvalu to South Korea have increased at an annualized rate of 871%, from $18 in 2017 to $1.55M in 2022.

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

South Korea-Tuvalu Trade: In 2022, South Korea exported $4.01M to Tuvalu. The main products that South Korea exported to Tuvalu were N/A. Over the past 5 years the exports of South Korea to Tuvalu have decreased at an annualized rate of 3.45%, from $4.79M in 2017 to $4.01M in 2022.

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

Comparison In 2023, Tuvalu ranked 204 in total exports ($52.3M), and does not have data regarding Economic Complexity Index. That same year, South Korea ranked 4 in the Economic Complexity Index (ECI 1.85), and 5 in total exports ($645B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Tuvalu exported $1.55M to South Korea. There were not main exports from Tuvalu to South Korea in 2022. During the last 5 years the exports of Tuvalu to South Korea have increased at an annualized rate of 871%, from $18 in 2017 to $1.55M in 2022.

In 2017, South Korea exported $4.01M to Tuvalu. There were not main exports from South Korea to Tuvalu in 2017. During the last 5 years the exports of South Korea to Tuvalu have decreased at an annualized rate of 3.45%, from $4.79M in 2022 to $4.01M in 2017.

Exports from Tuvalu () to South Korea () (2022)

Exports from South Korea () to Tuvalu () (2022)

Latest Data

Trade between Tuvalu () and South Korea ()

South Korea Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Tuvalu
Top DestinationN/AN/A

South Korea
Top DestinationN/AN/A

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

N/A

Difference in imports from South Korea () and Tuvalu () (2023)

Comparative Advantage Tuvalu - South Korea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

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

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

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Tuvalu () to South Korea () (2022)

Exports from South Korea () to Tuvalu () (2022)

Latest Data

Trade between Tuvalu () and South Korea ()

South Korea Exports

Market Competitiveness

Difference in imports from South Korea () and Tuvalu () (2023)

Comparative Advantage Tuvalu - South Korea

Economic Complexity

Competitive Landscape

Product Space of Tuvalu () and South Korea () (2022)

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