Fact Sheet: South Korea - Canada's Priority Market

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Fast Facts

  • Capital: Seoul
  • Population (millions): 50
  • Total area: 120,410 km2
  • Currency: Won
  • Language (s): Korean

Economic Facts 2012

  • GDP ($ billions): 1,155
  • GDP per capita ($): 23,095
  • GDP growth (%): 2
  • Inflation (%): 2.2
  • Unemployment (%): 3.3

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)
 20122007
Canada’s merchandise exports to South Korea$3,713.3$3,007.8
Canada’s merchandise imports from South Korea$6,372.4$5,366.2
Canadian investment in South Korea$569$977
South Korean investment in Canada$5,826$1,068