Fact Sheet: South Korea - Canada's Priority Market

Fast Facts

  • Capital: Seoul
  • Population (millions): 50.4
  • Total area: 120,410 km2
  • Currency: Won
  • Language (s): Korean

Economic Facts 2014

  • GDP ($ billions): 1,564.7
  • GDP per capita ($): 31,030
  • GDP growth (%): 3.3
  • Inflation (%): 1.3
  • Unemployment (%): 3.5

Key Opportunities

  • Agriculture and processed foods
  • Consumer products
  • Defense and security
  • Education
  • Forestry and wood products
  • Information and communications technologies
  • Mining
  • Oil and gas
  • Sustainable technologies

Major Negotiations and Agreements

Support Services

Trade Commissioner Service of Canada

Trade and Investment
Value (in millions of dollars)
 2014
Canada’s merchandise exports to South Korea$4,177.8
Canada’s merchandise imports from South Korea$7,262.7
Canadian investment in South Korea$534
South Korean investment in Canada$4,946