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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.
Bilateral Product 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 $4,187,622,341 $7,245,432,932
Product trade (2014)
21 HS Sections
Canada - Republic of Korea
Section Exports Imports
01 Animal & Prod. $177,007,069 $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 $64,853,538
05 Mineral Prod. $1,865,172,932 $177,282,389
06 Chemical Prod. $136,669,969 $170,318,962
07 Plastics, Rubber Prod. $63,096,109 $409,736,358
08 Leather, Fur Prod. $36,256,686 $10,709,521
09 Wood Prod. $221,660,606 $466,255
10 Paper Prod. $277,824,386 $45,968,755
11 Textiles Prod. $26,311,320 $148,627,044
12 Dress Access. $951,441 $8,387,873
13 Glass & Stone Prod. $2,288,162 $33,647,954
14 Precious Metals/stones $10,795,747 $148,187,904
15 Base Metal Prod. $320,844,116 $722,452,520
16 Mach. Mech. Elec. Prod. $447,517,935 $2,157,463,725
17 Vehicles and Equip. $31,387,499 $2,946,648,701
18 Specialized Inst. $109,705,689 $101,201,362
19 Arms & Ammunition $72,951 $883,413
20 Misc. Articles $9,087,671 $55,766,846
21 Antiques $439,187 $11,312

Capital: Seoul
Population (million): 0
Total Area: 100,266km2
Currency: 1 CAN$ = 951.22 SK Won (KRW)(2014 - 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: 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) 0 1971.9
GDP per capita: ($) 0 55559.11
GDP growth rate: (%) 0 2.44
Inflation: (%) 0 1.9
Unemployment: (%) 0 6.92

Product Trade and investment (2014)

Canadian exports to country: $4,187,622,341
Canadian imports from country: $7,245,432,932
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


January 2016
Sources include: Statistics Canada, IMF

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Date Modified:
2012-07-20