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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.
5-year trade
Canada - Republic of Korea
Year Exports Imports
2009 $3,528,908,866 $5,931,172,400
2010 $3,710,605,380 $6,147,178,452
2011 $5,098,556,394 $6,616,496,395
2012 $3,713,287,860 $6,372,302,885
2013 $3,437,555,629 $7,338,500,204
Product trade (2013)
21 HS Chapters
Canada - Republic of Korea
Chapter Exports Imports
01 Animal & Prod. $140,797,984 $10,639,011
02 Veg. Prod. $139,529,083 $16,692,351
03 Fats, Oils & Waxes Prod. $47,749,242 $581,195
04 Food Prod. $64,286,650 $56,694,746
05 Mineral Prod. $1,427,796,038 $73,079,618
06 Chemical Prod. $141,663,967 $99,801,719
07 Plastics, Rubber Prod. $67,057,331 $353,567,387
08 Leather, Fur Prod. $22,844,067 $12,428,746
09 Wood Prod. $204,881,218 $338,648
10 Paper Prod. $288,390,243 $46,320,219
11 Textiles Prod. $16,554,072 $141,504,301
12 Dress Access. $695,970 $9,359,990
13 Glass & Stone Prod. $2,172,082 $27,521,982
14 Precious Metals/stones $440,374 $43,131,528
15 Base Metal Prod. $306,335,585 $661,035,253
16 Mach. Mech. Elec. Prod. $397,420,607 $2,829,877,279
17 Vehicles and Equip. $28,800,979 $2,793,234,447
18 Specialized Inst. $93,972,512 $97,559,653
19 Arms & Ammunition $124,574 $1,626,989
20 Misc. Articles $11,099,729 $44,913,377
21 Antiques $45,674 $205,223

Capital: Seoul
Population (million): 50.22
Total Area: 99,434km2
Currency: 1 CAN$ = 1058.85 SK Won (KRW)(2013)
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 CHUNG Hongwon
Foreign Affairs YUN Byung-se
Trade, Industry and Energy YOON Sang-jick

Main Political Parties:
Saenuri Party (New Frontier Party NPF), Democratic Party (DP)

Elections:
Presidential: December 2017; National Assembly: April 2016; Gubernatorial: June 2014


Economic Information (2013)

Comparative figures
Type Republic of Korea Canada
GDP: ($ billion) 1257.73 1878.77
GDP per capita: ($) 25044.5 53518.54
GDP growth rate: (%) 2.78 2.01
Inflation: (%) 1.3 0.96
Unemployment: (%) 3.12 7.08

Trade and Investment (2013)

Canadian exports to country: $3,437,555,629
Canadian imports from country: $7,338,500,204
FDI in Canada: $5826 million (2012)
CDI in Republic of Korea: $569 million (2012)


Representation

Foreign Representation in Canada:
Ambassador CHO Hee-yong

Canadian Representation Abroad:
Ambassador David Chatterson


April 2014
Sources include: Statistics Canada, IMF

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Date Modified:
2012-07-20