Dynamic Korean Market

World's 10th largest domestic market : huge consumer base with strong purchasing power and sophisticated taste makes Korea an ideal test market for new technologies and products.
Over half of the Global Fortune 500 firms have already established their business presence in Korea.

Korea's competitive industries

South Korea's core business

Semiconductors 1st

Semiconductors 1st

Shipbuilding 1st

Shipbuilding 1st

Display 1st

Display 1st

Mobile phones 2nd

Mobile phones 2nd

Automobiles 5th

Automobiles 5th

Petrochemicals 5th

Petrochemicals 5th

Steel 6th

Steel 6th

General machinery 9th

General machinery 9th

2014 Global Fortune 500 (Korean companies)

※ Source : Fortune Magazine

Samsung Electronics(13th), SK Holdings(64th), Hyundai Motor(100th), POSCO(177th), LG Electronics(194th), Hyundai Heavy Industries, Korea Electric Power(212th), KIA Motor(246th), GS Caltex(260th), Hanwha(331th), KOREA GAS(340th), Hyundai Mobis(388th), S-oil(427th), Samsung C&T(460th), Lotte Shopping(464th), LG Display(481th)

Trade Figures of Korea(2015.11.)

Trade Volume of Korea

  • Trade Volume posted triple growth over the last 10 years.
  • 6th place in World Export.
Import US$4,014billion, Export US$4,846billion, Total US$8,860billion

Trade Volume with Major Economies

Total Trade Volume (Unit : US$ billions-2015.10). Japan 603billion, China 1,897 billion, EU(2013) 1,192 billion, USA 955 billion

Korean Economic Statics Index(2014)

※ Source : Bank of Korea

  • Population : 48.955 million
  • Area : 99.60㎢
  • per Capita GNI(Global 33th) : US$25,931
  • GDP(Grobal 14th) : US$1,307.8billions
  • Economic Growth Rate(over the previous, Q1, '14) : 3.9%
  • No. of Registered Cars : 19. million
  • Economically Active Population : 26.7 million
  • Gross Domestic Investment Ratio : 28.2%
  • Direct Overseas Investment : US$35,120million
  • Foreign Direct Investment(2013) : US$14,548million
  • Foreign Exchange Holdings : US$367,530million