Niue (NIU) and South Korea (KOR) Trade | The Observatory of Economic Complexity

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Niue-South Korea Trade: In 2022, Niue exported $114k to South Korea. The main products that Niue exported to South Korea were Paper Containers ($31.4k), Semiconductor Devices ($27.9k), and Light Fixtures ($20.7k). Over the past 5 years the exports of Niue to South Korea have increased at an annualized rate of 17.6%, from $50.8k in 2017 to $114k in 2022.

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

South Korea-Niue Trade: In 2022, South Korea exported $281 to Niue. The main products that South Korea exported to Niue were Electric Motors ($113), Electrical Control Boards ($89), and Transmissions ($79). Over the past 5 years the exports of South Korea to Niue have decreased at an annualized rate of 46.3%, from $6.3k in 2017 to $281 in 2022.

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

Comparison In 2022, Niue ranked 222 in total exports ($4.44M), 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Niue exported $114k to South Korea. The main products exported from Niue to South Korea were Paper Containers ($31.4k), Semiconductor Devices ($27.9k), and Light Fixtures ($20.7k). During the last 5 years the exports of Niue to South Korea have increased at an annualized rate of 17.6%, from $50.8k in 2017 to $114k in 2022.

In 2017, South Korea exported $281 to Niue. The main products exported from South Korea to Niue were Electric Motors ($113), Electrical Control Boards ($89), and Transmissions ($79). During the last 5 years the exports of South Korea to Niue have decreased at an annualized rate of 46.3%, from $6.3k in 2022 to $281 in 2017.

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

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

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Niue
Top DestinationUnited States$2.48M

South Korea
Top DestinationChina$150B

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

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

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

Difference in imports from South Korea () and Niue () (2022)

Comparative Advantage Niue - South Korea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Niue had a large net trade with South Korea in the exports of Machines ($36.3k), Paper Goods ($31.5k), and Miscellaneous ($20.7k).

During 2017, South Korea had a large net trade with Niue in the exports of Machines ($281).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

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

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

Market Competitiveness

Difference in imports from South Korea () and Niue () (2022)

Comparative Advantage Niue - South Korea

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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