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Fact Sheet

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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.
Bilateral Product trade
Canada - Republic of Korea
Year Exports Imports
2011 $5,093,167,132 $6,675,921,342
2012 $3,714,614,630 $6,372,362,587
2013 $3,500,594,990 $7,337,737,924
2014 $4,187,622,341 $7,245,407,373
2015 $4,026,941,762 $7,876,362,693
Product trade (2015)
21 HS Sections
Canada - Republic of Korea
Section Exports Imports
01 Animal & Prod. $190,793,273 $9,533,446
02 Veg. Prod. $128,190,573 $20,730,843
03 Fats, Oils & Waxes Prod. $107,331,972 $564,569
04 Food Prod. $96,695,990 $74,668,012
05 Mineral Prod. $1,746,223,083 $88,666,905
06 Chemical Prod. $193,828,166 $253,996,531
07 Plastics, Rubber Prod. $51,328,704 $466,525,771
08 Leather, Fur Prod. $93,031,756 $9,858,297
09 Wood Prod. $232,064,657 $732,732
10 Paper Prod. $294,183,279 $49,177,921
11 Textiles Prod. $23,883,946 $163,637,133
12 Dress Access. $690,052 $7,625,434
13 Glass & Stone Prod. $3,055,565 $40,675,254
14 Precious Metals/stones $1,010,864 $157,894,156
15 Base Metal Prod. $191,388,010 $694,890,486
16 Mach. Mech. Elec. Prod. $444,681,569 $2,422,766,360
17 Vehicles and Equip. $61,779,019 $3,229,682,329
18 Specialized Inst. $112,521,202 $107,838,245
19 Arms & Ammunition $77,142 $2,909,144
20 Misc. Articles $13,602,069 $57,872,578
21 Antiques $418,584 $1,123,430

Capital: Seoul
Population (million): 50.629
Total Area: 100,266km2
Currency: 1 CAN$ = 884.55 SK Won (KRW)(2015 - Annual average)
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: Hwang Kyo-ahn
Foreign Affairs: Yun Byung-se
Trade, Industry and Energy: Joo Hyunghwan

Main Political Parties:
Saenuri Party (New Frontier Party NFP), Minjoo Party of Korea, People’s Party

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


Economic Information (2015)

Comparative figures
Type Republic of Korea Canada
GDP: ($ billion) 1760.62 1985.05
GDP per capita: ($) 34774.79 55409.05
GDP growth rate: (%) 2.59 1.18
Inflation: (%) 0.71 1.1
Unemployment: (%) 3.64 6.89

Product Trade and investment (2015)

Canadian exports to country: $4,026,941,762
Canadian imports from country: $7,876,362,693
FDI in Canada: $3224 million
CDI in Republic of Korea: $1288 million


Representation

Foreign Representation in Canada:
Ambassador Jo Dae-shik

Canadian Representation Abroad:
Ambassador Eric Walsh


August 2016
Sources include: Statistics Canada, IMF

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Date Modified:
2012-07-20