Exporting to South Korea
Demand for UK goods
The South Korean public has a taste for British culture and a respect for UK goods.
Many well-known UK brands like Standard Chartered, Jaguar Land Rover, British Airways, Lush, Boots and Burberry are already selling in South Korea.
President Moon’s focus on emerging technologies and the Fourth Industrial Revolution presents opportunities in sectors of UK strength.
Foreign direct investment (FDI)
FDI from the UK in South Korea was around £7 billion in 2017, 14% higher than in 2016. The South Korean government is keen to encourage foreign investors, making efforts to ease regulations and provide incentives for direct investment.
Opportunities for exporters
There are export opportunities in a range of areas including technology, automotive, fintech, offshore wind and life sciences.