In a meeting last week, President Moon Jae-in said, "We must shift to a more proactive stance to turn the global #supplychain crisis into a new opportunity for us."

Read more about the statement and future plans:

In a nod to the impact of the #COVID19 pandemic that has hurt national #economies worldwide, the #Korean Ministry of #Economy and Finance has announced a plan to assist Korean companies in winning international #infrastructure contracts. Learn more:

The Korean Ministry of Economy and Finance has initiated an ambitious new plan to assist #Korean companies in winning international contracts focused on #infrastructure programs overseas. Read more on our blog:

#SouthKorea is planning major investments in #5G, #bigdata and #AI. Learn more about the country's Digital #NewDeal:

In pursuit to help #SouthKorean businesses win overseas orders, the Ministry of Economy and Finance will set up funds to back domestic projects. Read more:

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State-by-State Map Benefits

Want the U.S.-Korea trade facts and figures on your state? Click on the map to the right to get information on exports, imports, industries, beneficiaries, successes, opportunities, and local news and events.

By State – Korean Trade Association

History of US Korea Connect

The U.S. and Korea have maintained a long and mutually beneficial relationship built on respect and trust.  The U.S.-Korea Free Trade Agreement furthers this strong relationship by encouraging the free flow of products and services between the United States and Korea.  The following is a timeline of the development and implementation of the FTA.

Interesting Facts

Interesting Facts

In 2015, Korea was the United States’ 6th largest trading partner, while the United States was Korea’s 2nd largest.

Top Imports

Top Imports

  1. Communications equipment
  2. Motor vehicles
  3. Motor vehicle parts

Top Exports

Top Exports

  1. Semiconductors and components
  2. Aerospace products
  3. Chemicals

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