Monday, 25 Feb 2013
People with newspaper and mobile phone in Seoul
Doing Business in South Korea
South Korea is the world’s 12th-largest economy1. It has a GDP of over US$1 trillion – just less than the size of the entire Association of Southeast Asian Nations (ASEAN) and equal to 2 per cent of global GDP. Per capita purchasing power is some US$30,000.
Over the next five years, the South Korean economy is set to make the 10th-largest contribution to world growth. That’s as much as the UK and more than France or Italy. Despite the global slowdown, South Korea’s economy grew by 3.6 per cent in 2011, the fastest in the OECD (Organisation for Economic Co-operation and Development).
Guide to Doing Business in South Korea
This UKTI guide will provide the UK exporter with an outline of the essentials in the market. For more comprehensive information contact a UKTI representative. The guide covers:
An introduction to the market
Researching the Market
Business Issues and Considerations
South Korea Culture