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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 $4,186,627,095 $7,250,789,884
Product trade (2014)
21 HS Sections
Canada - Republic of Korea
Section Exports Imports
01 Animal & Prod. $176,818,431 $11,498,830
02 Veg. Prod. $243,869,843 $19,473,214
03 Fats, Oils & Waxes Prod. $94,682,343 $375,654
04 Food Prod. $71,788,078 $64,853,459
05 Mineral Prod. $1,865,172,932 $183,648,651
06 Chemical Prod. $136,669,969 $170,324,516
07 Plastics, Rubber Prod. $63,096,109 $409,744,695
08 Leather, Fur Prod. $36,256,686 $10,709,521
09 Wood Prod. $221,660,606 $466,255
10 Paper Prod. $277,824,386 $45,969,738
11 Textiles Prod. $26,311,320 $148,601,922
12 Dress Access. $951,441 $8,484,227
13 Glass & Stone Prod. $2,288,162 $33,647,940
14 Precious Metals/stones $10,795,747 $148,187,904
15 Base Metal Prod. $320,844,116 $722,430,461
16 Mach. Mech. Elec. Prod. $447,517,935 $2,156,314,901
17 Vehicles and Equip. $30,580,891 $2,946,648,919
18 Specialized Inst. $109,705,689 $101,225,256
19 Arms & Ammunition $72,951 $883,413
20 Misc. Articles $9,087,671 $55,834,893
21 Antiques $439,187 $11,312

Capital: Seoul
Population (million): 50.424
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: Hwang Kyo-ahn
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 (2014)

Comparative figures
Type Republic of Korea Canada
GDP: ($ billion) 1564.97 1975.58
GDP per capita: ($) 31036.3 55662.75
GDP growth rate: (%) 3.32 2.53
Inflation: (%) 1.27 1.9
Unemployment: (%) 3.54 6.92

Trade and Investment (2014)

Canadian exports to country: $4,186,627,095
Canadian imports from country: $7,250,789,884
FDI in Canada: $3839 million
CDI in Republic of Korea: $465 million


Representation

Foreign Representation in Canada:
Ambassador Jo Dae-shik

Canadian Representation Abroad:
Ambassador Eric Walsh


August 2015
Sources include: Statistics Canada, IMF

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Date Modified:
2012-07-20