Canadian Manufacturing

Manufacturing Intelligence Spotlight: KOREA

Manufacturing Intelligence Spotlights from outline key data on the top 21 global export markets.

October 30, 2012   by Staff

The biggest opportunities for Canadian companies include key growth sectors, such as: electronics, telecommunications, automotive components and machinery, chemicals, shipbuilding equipment and base metals

GDP: $1.46 trillion (2010 est.)

GDP growth: 6.1% (2010 est.)

GDP per capita: $30,000 (2010 est.)


Population: 48,754,657 (July 2011 est.)

Labour force: 24.75 million (2010 est.)

Products: rice, root crops, barley, vegetables, fruit; cattle, pigs, chickens, milk, eggs; fish

Industry: electronics, wireless telecommunications, automobiles, computers, steel refining, ship building, petrochemicals

Exports: $464.3 billion (2010 est.)

Export Markets: semiconductors, wireless telecommunications equipment, automobiles, computers, steel, ships

Export partners: China (27.9%), U.S. (10.2%), Saudi Arabia (5.2%), Australia (4.9%)

Trade activity with Canada:

Exports to Korea: $3.65B

Major exports to Korea: machinery and nuclear components ($377M), pulp, paper and wood products ($326M), minerals ($1.4B), chemicals ($176.9M), base metals ($441.3M)

Imports from Korea: $6.15B

Major imports: motor vehicles ($2.1B), machinery and electrical components ($1.6B), minerals ($340M), plastics ($300M)

Trade Commissioner
Mr. Young Jin Kim
The Embassy of Canada to the Republic of Korea / Ambassade du Canada en République de Corée
16-1, Jeong-dong, Jung-gu , Seoul, 100-120, Korea, Republic
(011-82-2) 3783-6000 Fax: (011-82-2) 3783-6147 / 3783-6115

More news on Korea

Back to Manufacturing Leadership Series: Exporting homepage

Sources: Export Development Canada , Statistics Canada and The CIA World Factbook

Print this page

Related Stories