The underlying shapes are defined by geometries (so vectors) and then rasterized to canvas. So the SVG export could happen before the rasterization.
There are other libs that are native SVG though, so why even use Konva? The benefit of Canvas is that it can be a lot, LOT faster than having multiple complex SVGs. SVG is especially slow on Firefox IIRC.
I make a canvas-based diagramming library (GoJS) and implemented SVG export, and then a whole SVG renderer if you want the same scene in real-time. Generally if you're using HTML Canvas commands, you can engineer a perfect SVG equivalent. There are some really really really annoying edge cases with transforms, clipping, gradients, etc. But nothing is impossible :D
There are other libs that are native SVG though, so why even use Konva? The benefit of Canvas is that it can be a lot, LOT faster than having multiple complex SVGs. SVG is especially slow on Firefox IIRC.