In 2023, services contributed around 58.42 percent to South Korea's gross domestic product (GDP), while 31.59 percent came from South Korea’s industry sector, and a little less than two percent of South Korea’s GDP was generated by the country’s agriculture sector. South Korea’s services sector employed over 70 percent of the South Koreans workforce in 2018 . South Korea’s workforce Much of the over 51 million inhabitants of South Korea are employed, and the unemployment rate is expected to remain under four percent through 2024. South Korea is experiencing the effects of an aging labor force, with a decrease in population share of people entering the work force, and a simultaneous increase of the number of those aged 65 years and above. Despite that, the country’s economy has remained a powerhouse, growing at around 2.5 percent from 2018 to 2019. The South Korean economy South Korea is known as an economic success story; it rose from one of the poorest countries before the 1960’s to a developed country with a high income level. Overall, South Korea’s total GDP was estimated to be approximately 1.7 trillion U.S. dollars in 2019, and is expected to continue to increase through 2024. South Korea is considered to be one of the core economies driving the next generation of economic growth, alongside the BRIC countries (Brazil, Russia, India, and China).

In 2024, the gross domestic product (GDP) produced from the manufacturing sector in South Korea amounted to approximately 611 trillion South Korean won, being the most valuable sector by far compared to other sectors of the country. However, when looking at the combined GDP of all service industry sectors, their total exceeded 1,000 trillion won. This indicates that the service sector collectively plays a crucial role in driving the country's economic growth.

Techsalerator’s Import/Export Trade Data for South Korea provides a thorough overview of international trade involving South Korean companies. This dataset offers detailed insights into trade transactions, categorizing imports and exports across various industries in South Korea.

To access Techsalerator’s Import/Export Trade Data for South Korea, please contact us at info@techsalerator.com or visit Techsalerator Contact with your specific needs. We will provide a customized quote based on your requirements, with delivery available within 24 hours. Ongoing access options can also be discussed.

Techsalerator's Import/Export Trade Data for South Korea integrates information from customs reports, trade agreements, and shipping records, giving businesses, investors, and trade analysts a comprehensive understanding of South Korea’s trade landscape.

Key Data Fields

• Company Name: Identifies companies involved in trade transactions, helping locate potential partners or competitors and track industry-specific trade patterns.
• Trade Volume: Provides details on the quantity or value of goods traded, offering insights into the scale and economic impact of trade activities.
• Product Category: Specifies the types of goods traded, such as raw materials or finished products, aiding in understanding market demand and supply chain dynamics.
• Import/Export Country: Identifies the countries of origin or destination for traded goods, revealing regional trade relationships and market access.
• Transaction Date: Records the date of transactions, showcasing seasonal trends and shifts in trade dynamics over time.

Top Trade Trends in South Korea

• Technology and Electronics: South Korea is a global leader in electronics and technology exports, including semiconductors, smartphones, and display panels, which significantly impact its trade balance.
• Automobile Exports: South Korea’s automotive industry, led by companies like Hyundai and Kia, remains a major export sector, contributing substantially to the country’s trade economy.
• Shipbuilding and Machinery: The shipbuilding sector, alongside industrial machinery and equipment, plays a critical role in South Korea’s export activities, reflecting its manufacturing strength.
• Rising Demand for Green Technologies: South Korea is focusing on exporting green technologies and renewable energy solutions as part of its commitment to sustainable development.
• Growing Trade with Emerging Markets: South Korea is expanding its trade relationships with emerging markets in Asia, Africa, and Latin America, diversifying its trade portfolio and reducing dependency on traditional partners.

Notable Companies in South Korean Trade Data

• Samsung Electronics: A leading global exporter of electronics, including smartphones, semiconductors, and display panels, significantly shaping South Korea’s trade profile.
• Hyundai Motor Company: A major player in the automotive sector, exporting vehicles and automotive parts, contributing heavily to South Korea’s trade economy.
• LG Electronics: Known for its consumer electronics and home appliances, LG’s exports play a significant role in South Korea’s trade activities.
• Hyundai Heavy Industries: A leading shipbuilding and industrial equipment manufacturer, contributing to South Korea’s strong position in these sectors.
• POSCO: One of the world’s largest steel producers, POSCO’s exports of steel and related products are vital to South Korea’s trade performance.

Accessing Techsalerator’s Data

To access Techsalerator’s Import/Export Trade Data for South Korea, please reach out to us at info@techsalerator.com with your specific requirements. We will provide a tailored quote based on the number of data fields and records needed, with delivery available within 24 hours. Ongoing access options can also be discussed.

Included Data Fields:

• Company Name
• Trade Volume
• Product Category
• Import/Export Country
• Transaction Date
• Shipping Details
• Customs Codes
• Trade Value

For detailed insights into South Korea’s import and export activities and trends, Techsalerator’s dataset is an essential resource for making informed and strategic decisions.

In 2022, the machinery sector had the most businesses in the manufacturing industry in South Korea, with ****** registered companies. This was followed by the automobile industry with ***** businesses.

South Korea GDP: 2020p: sa: Mfg: Basic Metal Products data was reported at 5,780.700 KRW bn in Dec 2024. This records an increase from the previous number of 5,410.500 KRW bn for Sep 2024. South Korea GDP: 2020p: sa: Mfg: Basic Metal Products data is updated quarterly, averaging 4,505.450 KRW bn from Mar 1970 (Median) to Dec 2024, with 220 observations. The data reached an all-time high of 7,711.700 KRW bn in Sep 2017 and a record low of 66.700 KRW bn in Mar 1970. South Korea GDP: 2020p: sa: Mfg: Basic Metal Products data remains active status in CEIC and is reported by The Bank of Korea. The data is categorized under Global Database’s South Korea – Table KR.A025: SNA08: GDP: by Industry: Chain Linked: 2020 Price: Seasonally Adjusted.

Korea GDP: % of Manufacturing: Machinery and Transport Equipment data was reported at 49.338 % in 2014. This records a decrease from the previous number of 49.429 % for 2013. Korea GDP: % of Manufacturing: Machinery and Transport Equipment data is updated yearly, averaging 14.799 % from Dec 1963 (Median) to 2014, with 52 observations. The data reached an all-time high of 50.131 % in 2010 and a record low of 4.719 % in 1964. Korea GDP: % of Manufacturing: Machinery and Transport Equipment data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Korea – Table KR.World Bank: Gross Domestic Product: Share of GDP. Value added in manufacturing is the sum of gross output less the value of intermediate inputs used in production for industries classified in ISIC major division D. Machinery and transport equipment correspond to ISIC divisions 29, 30, 32, 34, and 35.; ; United Nations Industrial Development Organization, International Yearbook of Industrial Statistics.; ;

Korea (DC)GDP: sa: Gross Value Added at Basic Prices data was reported at 212,545.800 KRW bn in Sep 2008. This records a decrease from the previous number of 214,064.800 KRW bn for Jun 2008. Korea (DC)GDP: sa: Gross Value Added at Basic Prices data is updated quarterly, averaging 33,896.800 KRW bn from Mar 1970 (Median) to Sep 2008, with 155 observations. The data reached an all-time high of 214,064.800 KRW bn in Jun 2008 and a record low of 581.000 KRW bn in Mar 1970. Korea (DC)GDP: sa: Gross Value Added at Basic Prices data remains active status in CEIC and is reported by The Bank of Korea. The data is categorized under Global Database’s Korea – Table KR.A068: GDP: By Industry: Current Price: Seasonally Adjusted (Old).

In 2023, the motor vehicle and trailer manufacturing sector was the leader in the manufacturing industry, with a production value of about ***** trillion South Korean won. Following closely were the manufacturing sectors for electronic components, computers, and video, audio, and telecommunications equipment, which generated around ****** trillion won.

The South Korea Major Home Appliances Market report segments the industry into By Product (Refrigerators, Freezers, Dishwashers, Washing Machines, Cookers and Ovens, Other Products) and By Distribution Channel (Hypermarkets/Supermarkets, Specialty Stores, E-commerce/Online, Other Distribution Channels). Get five years of historical data alongside five-year market forecasts.

South Korea's total Exports in 2024 were valued at US$683.13 Billion, according to the United Nations COMTRADE database on international trade. South Korea's main export partners were: China, the United States and Vietnam. The top three export commodities were: Electrical, electronic equipment; Vehicles other than railway, tramway and Machinery, nuclear reactors, boilers. Total Imports were valued at US$631.73 Billion. In 2024, South Korea had a trade surplus of US$51.40 Billion.

The South Korea Trade Finance Market is segmented by Service Provider (Banks, Trade Finance Companies, Insurance Companies, and Others) and By Application (Domestic and International). The report offers market size and forecasts for the South Korea Trade Finance Market in value (USD Million) for all the above segments.

Korea BSI: Actual: Basic & Fabricated Metal: Exports data was reported at 97.500 NA in Jun 2018. This records an increase from the previous number of 94.300 NA for May 2018. Korea BSI: Actual: Basic & Fabricated Metal: Exports data is updated monthly, averaging 92.900 NA from Jul 2008 (Median) to Jun 2018, with 120 observations. The data reached an all-time high of 128.600 NA in Oct 2010 and a record low of 57.100 NA in Aug 2009. Korea BSI: Actual: Basic & Fabricated Metal: Exports data remains active status in CEIC and is reported by Korea Economic Research Institute. The data is categorized under Global Database’s Korea – Table KR.S008: Business Survey Index (BSI): The Federation of Korean Industries.

Korea BSI: Actual: Basic & Fabricated Metal: Profitability data was reported at 100.000 NA in Jun 2018. This records an increase from the previous number of 85.700 NA for May 2018. Korea BSI: Actual: Basic & Fabricated Metal: Profitability data is updated monthly, averaging 92.500 NA from Jul 2008 (Median) to Jun 2018, with 120 observations. The data reached an all-time high of 125.000 NA in Mar 2011 and a record low of 43.100 NA in Jan 2009. Korea BSI: Actual: Basic & Fabricated Metal: Profitability data remains active status in CEIC and is reported by Korea Economic Research Institute. The data is categorized under Global Database’s Korea – Table KR.S008: Business Survey Index (BSI): The Federation of Korean Industries.

Korea BSI: Actual: Basic & Fabricated Metal: Investment data was reported at 102.500 NA in Jun 2018. This records an increase from the previous number of 94.300 NA for May 2018. Korea BSI: Actual: Basic & Fabricated Metal: Investment data is updated monthly, averaging 97.250 NA from Jul 2008 (Median) to Jun 2018, with 120 observations. The data reached an all-time high of 117.000 NA in Mar 2010 and a record low of 49.000 NA in Jan 2009. Korea BSI: Actual: Basic & Fabricated Metal: Investment data remains active status in CEIC and is reported by Korea Economic Research Institute. The data is categorized under Global Database’s Korea – Table KR.S008: Business Survey Index (BSI): The Federation of Korean Industries.

South Korea GDP: Gross value added at basic prices data was reported at 416,983.900 KRW bn in Mar 2019. This records a decrease from the previous number of 445,355.300 KRW bn for Dec 2018. South Korea GDP: Gross value added at basic prices data is updated quarterly, averaging 280,515.200 KRW bn from Mar 2000 (Median) to Mar 2019, with 77 observations. The data reached an all-time high of 445,355.300 KRW bn in Dec 2018 and a record low of 137,840.300 KRW bn in Mar 2000. South Korea GDP: Gross value added at basic prices data remains active status in CEIC and is reported by The Bank of Korea. The data is categorized under Global Database’s South Korea – Table KR.A010: SNA08: GDP: by Industry: 2015 Input-Output Table: Current Price.

In 2023, the semiconductor sector was the leading industry in South Korea with an export value of about **** billion U.S. dollars. This was followed by the automobile industry with an export value of around **** billion dollars.

Techsalerator's Job Openings Data for South Korea: A Comprehensive Resource for Employment Insights

Techsalerator's Job Openings Data for South Korea provides a crucial resource for businesses, job seekers, and labor market analysts. This dataset delivers a thorough overview of job openings across various sectors in South Korea, consolidating and categorizing job-related information from a range of sources, including company websites, job boards, and recruitment agencies.

Key Data Fields - Job Posting Date: Records the date when a job is listed. Essential for job seekers and HR professionals to remain updated on the latest opportunities and industry trends. - Job Title: Identifies the position being advertised. Useful for categorizing and filtering job openings based on industry roles and career interests. - Company Name: Lists the hiring company. Helps job seekers target their applications and assists businesses in tracking competitors and market trends. - Job Location: Indicates the job’s geographic location within South Korea. Job seekers use this to find opportunities in specific regions, while employers analyze regional talent and market conditions. - Job Description: Provides details about responsibilities, required qualifications, and other relevant aspects. Vital for candidates to determine if they meet the requirements and for recruiters to clearly communicate expectations.

Top 5 Job Categories in South Korea 1. Information Technology (IT): Increasing demand for software developers, IT support specialists, and cybersecurity experts as the country continues to advance its digital infrastructure. 2. Healthcare: Opportunities for doctors, nurses, medical technicians, and public health workers driven by both public health needs and a growing private sector. 3. Education: Positions for teachers, administrators, and educational consultants reflecting South Korea’s focus on high educational standards and innovation. 4. Engineering: High demand for civil, mechanical, and electrical engineers, along with skilled technicians, due to ongoing infrastructure and industrial projects. 5. Finance and Banking: Roles in financial analysis, investment banking, and financial management as South Korea maintains a robust financial sector.

Top 5 Employers in South Korea 1. Samsung Electronics: A leading global technology company with frequent openings in IT, engineering, and management. 2. Hyundai Motor Company: A major automotive manufacturer offering roles in engineering, production, and corporate management. 3. LG Electronics: Another top technology firm with job opportunities in IT, R&D, and manufacturing. 4. SK Hynix: A leading semiconductor manufacturer hiring for positions in engineering, research, and technology development. 5. Korea Electric Power Corporation (KEPCO): The primary electricity provider with roles in engineering, operations, and energy management.

Accessing Techsalerator’s Data To access Techsalerator’s Job Openings Data for South Korea, please contact info@techsalerator.com with your specific needs. We will provide a customized quote based on the data fields and records you require, with delivery available within 24 hours. Ongoing access options can also be discussed.

Included Data Fields - Job Posting Date - Job Title - Company Name - Job Location - Job Description - Application Deadline - Job Type (Full-time, Part-time, Contract) - Salary Range - Required Qualifications - Contact Information

Techsalerator’s dataset is an invaluable tool for staying informed about job openings and employment trends in South Korea, assisting businesses, job seekers, and analysts in making well-informed decisions.

South Korea's infrastructure market is booming, projected to reach $76.5B by 2033 with a 3.24% CAGR. Explore market trends, key players (Samsung C&T, Hyundai E&C), and segment analysis (transportation, social, manufacturing). Get the full report now! Recent developments include: January 2024: South Korea's overseas construction orders surpassed USD 30 billion in 2023, marking the fourth consecutive year of this achievement. Orders from the US primarily fueled the surge, as it aimed to attract electric vehicle and battery manufacturers to its shores. Additionally, there was a resurgence in plant demand from the Middle East. As per the data released by Korea's Ministry of Land, Infrastructure, and Transport and the International Constructors Association of Korea, 321 Korean construction and engineering firms secured orders worth USD 33.3 billion from 95 countries in 2023.July 2023: Samsung C&T Engineering & Construction Group, in collaboration with a local construction firm, was awarded a lucrative contract for the Fubon Aozihdi Development Project in Kaohsiung. Fubon Life, a prominent insurance company headquartered in Taipei, has commissioned this ambitious venture. Valued at a staggering USD 790 million, Samsung C&T's share in the project amounts to approximately USD 592 million. The development, set to be completed in the future, will feature a 48-story (240 m) office tower, a 23-story hotel, and a connecting podium on the lower floors.. Key drivers for this market are: Country's strong focus on innovation and technology, Promoting economic growth driving the market. Potential restraints include: Country's strong focus on innovation and technology, Promoting economic growth driving the market. Notable trends are: Investment on Transportation Infrastructure Driving the Market.

As per Cognitive Market Research's latest published report, The South Korea Polyimide Foam market size was $14.41 Million in 2016 and it is forecasted to reach $19.74 Million by 2028.The South Korea Polyimide Foam Industry's Compound Annual Growth Rate will be 3.95% from 2023 to 2030. Factors Affecting Polyimide Foam Market

Rise in South Korean Defense Industry

Defense industry has been developed in South Korea at a pace with most impressive defense industrial bases in the developing world. It has developed local production of weapon systems. Further, country has its technical ability to manufacture sophisticated military hardware. This is attributed owing to country's continue investment on research and development. The defense industry of South Korea is the main supplier of armaments to the Republic of Korea Armed Forces.

Moreover, South Korea is one of the largest arms exporters in the world; having successfully sold numerous advance military hardware's too many countries. It has thus developed rapidly over past decades. Active involvement of government policy to promote domestic defense industry is majorly enhancing their defense industry.

A new era of independent defense in South Korea has begun. Country has boosted the defense industry, both as a way to spur economic growth through exports, as well as to chart a more independent path in a country that has relied heavily on its major ally.

Country is majorly involved in buying large amounts of military hardware from the United States. It accelerates deployment of unmanned systems. It has further announced series of contracts to develop and deploy indigenous unmanned and robotic systems in a bid to move to smaller but smarter armed forces fitted with high-tech technologies. Moreover, Navy’s mine-countermeasure capability is expected to be improved to a greater extent.

South Korea is expected to produce six KF-21 prototypes for testing and development, the first three to be completed by the end of this year and the next three in the first half of 2022, according to the country's Defense Acquisition Program Administration (DAPA). The DAPA also signed contracts with local defense contractors to introduce unmanned aerial vehicles, or UAVs, through a fast-track acquisition process.

In addition to this, increasing North Korea threat is one of the crucial factors that has driven South Korea to build a strong military as well as promoting economy is fundamental to the future of country. Country is perusing ambitious defense industrialization in order to enhance its military self-reliance capabilities. Polyimide foam is extensively used as an insulator and acoustic damper. Further, this element is inherently fire-resistant, lightweight, and environmentally friendly with virtually no off gassing/outgassing. Thus, due to weight-sensitive applications and high-speed crafts including those in the military and aerospace industries, polyimide foam is extensively used in these industries.

Hence, rise in South Korean defense industry drives the growth of polyimide foam market in South Korea.

Restraint for South Korea Polyimide Foam Market

Fluctuation and inconsistency in raw material prices. (Access Detailed Analysis in the Full Report Version)

Opportunity for South Korea Polyimide Foam Market

Rising industrialization in South Korea. (Access Detailed Analysis in the Full Report Version)

Introduction of Polyimide Foam

Polyimide foam is a type of foam that is good at insulating sound, heat, and cold. Its characteristics include low weight and fire resistance. When exposed to an open flame, this novel polyimide foam produces practically little smoke or incapacitating hazardous bi-products and requires no special treatment.

Polyimide foam may also be molded into a variety of forms. It maintains its integrity even after extended use in a vibrating environment and exposure to extremes of cold and heat. Thermal and acoustic insulation, as well as non-toxicity, are further features of polyimide foam.

Furthermore, polyimide foam is the second generation of materials designed as thermal insulators for reusable launch vehicles. Polyimide foam insulation is less expensive and easier to install than fibre insulation. It is light, easy to cut and fit, and may be fabricated with a variety of various materials.

Polyimide foam is used in commercial and industrial settings ...

The size of the South Korea E-Commerce Industry market was valued at USD XXX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 19.49% during the forecast period.E-commerce, short for electronic commerce, is the buying and selling of goods or services through some form of electronic medium such as the internet and mobile phones. It covers everything from online retail and auction sites to digital marketplaces and online banking.South Korea's e-commerce is going through an extraordinary growth cycle. The penetration of the internet and smartphones, the sophistication of its logistics infrastructure, and the eagerness of consumers to shop through online platforms have all contributed to an extraordinary growth cycle. South Korea houses a very mature e-commerce ecosystem with big players such as Coupang, Naver, and 11st, which offer all sorts of products and services to the end-users.South Koreans prefer e-commerce because it is easy, offers extensive variety, is price competitive, and the products are often one-of-a-kind, not available anywhere else. Mobile commerce dominates the online orders as most are placed through smartphones and tablets. This is further fueled by the widespread adoption of mobile payment applications like KakaoPay and Naver Pay, making transactions easier and safer. Recent developments include: April 2023: SSG.com announced that it would introduce a personnel system that reflects the grade system competency/performance-based promotion flexible compensation system to secure competitiveness in the e-commerce business and future growth strategy., April 2023: TMON announced that the company would open a 'Sports & Leisure Special Hall' and introduce popular sports and outdoor items at special prices. An additional 8% discount is also available when paying with Kakao Pay. This will help athletic people stretch in warm spring weather.. Key drivers for this market are: High Smartphone and Internet Penetration Across the Country, High Demand for Food Delivery Services. Potential restraints include: , High installation and Maintenance Cost is Hindering the Market Growth. Notable trends are: Food and Beverages sector to Register Significant Growth.