2022
Flag
 GDP
$1.67TCURRENT US$
Rnk 13 / 186
2012-2022
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GDP GROWTH
30.3%CURRENT US$
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2022
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GDP PC
$32,255CURRENT US$
Rnk 33 / 186
2012-2022
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GDP PC GROWTH
26.7%CURRENT US$
Rnk 70 / 186

About

Cook Islands-South Korea In 2022, Cook Islands exported $1.75k to South Korea. The main products that Cook Islands exported to South Korea are Textile Footwear ($1.23k), Kraft Paper ($219), and Electrical Power Accessories ($147). During the last 25 years the exports of Cook Islands to South Korea have decreased at an annualized rate of 15.7%, from $125k in 1997 to $1.75k in 2022.

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

South Korea-Cook Islands In 2022, South Korea exported $56.4k to Cook Islands. The main products that South Korea exported to Cook Islands were Lifting Machinery ($45k), Excavation Machinery ($5.3k), and Bi-Wheel Vehicle Parts ($3.38k). During the last 25 years the exports of South Korea to Cook Islands have increased at an annualized rate of 0.15%, from $54.3k in 1997 to $56.4k in 2022.

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

Comparison In 2022,  Cook Islands ranked 210 in total exports ($26.2M), and does not have data regarding Economic Complexity Index. That same year, South Korea ranked 4 in the Economic Complexity Index (ECI 1.71), and 5 in total exports ($705B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cook Islands exported $1.75k to South Korea. The main products exported from Cook Islands to South Korea were Textile Footwear ($1.23k), Kraft Paper ($219), and Electrical Power Accessories ($147). During the last 25 years the exports of Cook Islands to South Korea have decreased at an annualized rate of 15.7%, from $125k in 1997 to $1.75k in 2022.

In 2022, South Korea exported $56.4k to Cook Islands. The main products exported from South Korea to Cook Islands were Lifting Machinery ($45k), Excavation Machinery ($5.3k), and Bi-Wheel Vehicle Parts ($3.38k). During the last 27 years the exports of South Korea to Cook Islands have increased at an annualized rate of 0.15%, from $54.3k in 1995 to $56.4k in 2022.

Exports from Cook Islands (Flag) to South Korea (Flag) (2022)

Exports from South Korea (Flag) to Cook Islands (Flag) (2022)

Latest Data

Trade between Cook Islands (Flag) and South Korea (Flag)

South Korea Exports

Market Competitiveness

Color
Cook Islands
Top Destination
Japan$11M
South Korea
Top Destination
China$150B

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

In 2019, no countries were registered that imported more from Cook Islands than from South Korea.

In 2021, countries that imported more from South Korea than Cook Islands were China ($150B), United States ($112B), and Vietnam ($60.7B).

Difference in imports from South Korea (Flag) and Cook Islands (Flag) (2022)

Comparative Advantage Cook Islands - South Korea

Flow
Scale

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

During 2022, Cook Islands had a large net trade with South Korea in the exports of Footwear and Headwear ($1.23k), Machines ($299), and Paper Goods ($219).

During 2022, South Korea had a large net trade with Cook Islands in the exports of Machines ($51.2k), Transportation ($3.38k), and Metals ($1.82k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Cook Islands has comparative advantage over South Korea. Similarly, the more yellow a dot/product is, the more South Korea has comparative advantage over Cook Islands.

Product Space of Cook Islands (Flag) and South Korea (Flag) (2022)

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