NEWS

What can we say about South Korea's international trade?

The rise of the Asian continent within the foreign trade of goods is acual. Some countries such as South Korea are not only improving their trade relations with neighbors, but are also fostering relationships with other economies such as the United States. 
 
In any case, in this new article we want to make a general overview of Korea's international trade highlighting the main differentiating aspects. Thanks to these aspects South Korea is an attractive strategic market for companies located in other countries.

Main partners of South Korea and economy aspects

  • Some main partners are China, Japan, Hong Kong, Vietnam, etc ... 
  • A distinctive factor of its economy is that it is very focused on exports.
  • The United States is one of the main destinations. 
  • Mainly exports are focused on machinery, automobiles or spare parts.
Lamaignere has its own house in Korea, more specifically in Seoul. A perfect place to manage merchandise and operational traffics between other countries where we are present such as Chile, Mexico, Spain or USA.
 

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