The South Korean Ministry of Industry, Energy and Trade has launched a domestic RE 100 campaign to encourage more industry players to expand the use of renewable energy sources in their operations. https://t.co/FvYd7qR5oq
On Wednesday, The Korea International Trade Association confirmed LS Group Chairman, Koo Ja-yeol, as chairman. Koo will assume the post for an initial term of three years. https://t.co/mXHVZKzvYU
A surge in demand for chips and bio-health products boosted South Korea's exports to gain for a third month, signaling a recovery in global demand in the year ahead. https://t.co/hSj8Bbbict
South Korean shipbuilders won new shipbuilding orders equivalent to 910,000 CGT last month. Last week, orders were placed for eight large shipping containers, all going to South Korean shipbuilders. https://t.co/91fRxm4Vp2
What does the impact of the COVID-19 pandemic mean for South Korean trade? The Diplomat explores:
https://t.co/dqartwCF5v
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.
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
- Communications equipment
- Motor vehicles
- Motor vehicle parts
Top Exports
Top Exports
- Semiconductors and components
- Aerospace products
- Chemicals