Vanuatu / South Korea

Vanuatu-South Korea Trade: In 2022, Vanuatu exported $14.1M to South Korea. The main products that Vanuatu exported to South Korea were Non-fillet Frozen Fish ($12.2M), Molluscs ($1.4M), and Fish Fillets ($303k). Over the past 5 years the exports of Vanuatu to South Korea have increased at an annualized rate of 11%, from $8.36M in 2017 to $14.1M in 2022.

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

South Korea-Vanuatu Trade: In 2022, South Korea exported $6.08M to Vanuatu. The main products that South Korea exported to Vanuatu were Cars ($2.3M), Delivery Trucks ($855k), and Navigation Equipment ($485k). Over the past 5 years the exports of South Korea to Vanuatu have decreased at an annualized rate of 3.01%,  from $7.08M in 2017 to $6.08M in 2022.

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

Comparison In 2022,  Vanuatu ranked 186 in total exports ($205M), 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).