Fact Sheet: South Korea - Canada's Priority Market

Fast Facts

  • Capital: Seoul
  • Population (millions): 50.2
  • Total area: 120,410 km2
  • Currency: Won
  • Language (s): Korean

Economic Facts 2013

  • GDP ($ billions): 1,258.4
  • GDP per capita ($): 25,057
  • GDP growth (%): 2.8
  • Inflation (%): 1.3
  • Unemployment (%): 3.1

Key Opportunities

  • Agriculture and processed food
  • Automotive
  • Chemicals
  • Defence and security
  • Education
  • Forestry and wood products
  • Information and communications technologies
  • Life sciences
  • Mining
  • Oil and gas
  • Sustainable technologies
  • Tourism

Major Negotiations and Agreements

Support Services

Trade Commissioner Service of Canada

Trade and Investment
Value (in millions of dollars)
 2013
Canada’s merchandise exports to South Korea$3,501.6
Canada’s merchandise imports from South Korea$7,337.5
Canadian investment in South Korea$534
South Korean investment in Canada$4,946