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Fact Sheet

Flag of Republic of Korea

Republic of Korea

Official Title:
Republic of Korea (ROK)


General Information

Please note that all statistics reflect Canadian dollars, with some figures reflecting the yearly averages for the year. If listed as ’0’ or absent, the statistic is unavailable.
5-year trade
Canada - Republic of Korea
Year Exports Imports
2010 $3,710,605,380 $6,147,178,452
2011 $5,093,167,132 $6,675,921,342
2012 $3,714,614,630 $6,372,362,587
2013 $3,500,622,179 $7,337,707,648
2014 $4,162,271,473 $7,254,134,960
Product trade (2014)
21 HS Sections
Canada - Republic of Korea
Section Exports Imports
01 Animal & Prod. $177,002,681 $11,498,830
02 Veg. Prod. $243,869,843 $19,470,903
03 Fats, Oils & Waxes Prod. $94,682,343 $375,654
04 Food Prod. $71,673,152 $64,857,612
05 Mineral Prod. $1,840,793,143 $196,496,519
06 Chemical Prod. $136,729,448 $170,317,510
07 Plastics, Rubber Prod. $63,092,673 $409,053,317
08 Leather, Fur Prod. $36,256,686 $10,712,801
09 Wood Prod. $221,649,226 $466,231
10 Paper Prod. $277,851,545 $45,964,282
11 Textiles Prod. $26,311,320 $148,568,640
12 Dress Access. $951,441 $8,476,665
13 Glass & Stone Prod. $2,287,757 $33,520,348
14 Precious Metals/stones $10,795,747 $148,177,432
15 Base Metal Prod. $320,820,629 $720,280,926
16 Mach. Mech. Elec. Prod. $447,482,621 $2,155,988,353
17 Vehicles and Equip. $30,500,891 $2,940,727,649
18 Specialized Inst. $109,716,344 $101,084,162
19 Arms & Ammunition $72,951 $883,061
20 Misc. Articles $9,099,243 $55,799,496
21 Antiques $439,187 $11,312

Capital: Seoul
Population (million): 50.22
Total Area: 100,266km2
Currency: 1 CAN$ = 951.22 SK Won (KRW)(2014)
National Holiday: National Foundation Day, 3 October.
Language(s): Korean


Political Information

Type of State:

Type of Government:
Presidential Republic

Head of State:
President PARK Geun-hye

Head of Government:
President PARK Geun-hye

Ministers:
Prime Minister LEE Wan-koo
Foreign Affairs YUN Byung-se
Trade, Industry and Energy YOON Sang-jick

Main Political Parties:
Saenuri Party (New Frontier Party NFP), New Politics Alliance for Democracy (NPAD)

Elections:
Presidential: December 2017; National Assembly: April 2016; Gubernatorial: June 2018


Economic Information (2013)

Comparative figures
Type Republic of Korea Canada
GDP: ($ billion) 1343.49 1881.42
GDP per capita: ($) 26752.11 53593.83
GDP growth rate: (%) 2.97 2.02
Inflation: (%) 1.3 0.96
Unemployment: (%) 3.12 7.08

Trade and Investment (2014)

Canadian exports to country: $4,162,271,473
Canadian imports from country: $7,254,134,960
FDI in Canada: $4946 million (2013)
CDI in Republic of Korea: $534 million (2013)


Representation

Foreign Representation in Canada:
Ambassador designate JO Dae-shik

Canadian Representation Abroad:
Ambassador Eric Walsh


April 2015
Sources include: Statistics Canada, IMF

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Date Modified:
2012-07-20