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South Korea — Market Overview

Asia>South Korea

🇰🇷 South Korea

South Korea is one of the purest listed-market expressions of the global electronics and industrial cycle, which makes it highly sensitive to chip pricing, trade volumes, and the direction of external demand. The market is usually read through semiconductors, export order momentum, and whether domestic policy and household leverage allow the local cycle to absorb global manufacturing slowdowns.

Carte régionale

Faits clés

South Korea en un coup d'œil

Capital

Seoul

Currency

South Korean Won (₩)

Primary exchange

KRX

Central bank

Bank of Korea

Region

Asia

Time zone

Asia/Seoul

Source : KOSTAT,

Country dashboard

Pourquoi ce marché compte

This version combines a stylized country map with a switchable macro explorer built from official published history, using OECD primary datasets where available and World Bank annual series where coverage is otherwise incomplete.

Explorateur macro

Changez de variable, gardez le contexte du pays

These country charts now use official OECD quarterly and monthly history where the feed is actually published, with government debt added from the World Bank when a stable public series exists. Variables without dependable republishable coverage are left out instead of being interpolated, so each page shows fewer lines only when the source coverage is genuinely thinner.

GDP

Nominal GDP shown as bars.

KRW 1500 BnKRW 2000 BnKRW 2500 Bn201220132014201520162017201820192020202120222023
Cliquez sur une année pour zoomer à partir de ce point.

Variables disponibles

GDP

KRW 2408,7 Bn
Tendance 1 an+3.7%
Croissance moy.+4.4%

Ce que cela signale

This view isolates nominal GDP, which is useful for seeing the economy's absolute scale instead of a growth rate or ratio.

Commerce et position extérieure

Exportations, services et balance extérieure

Plutôt qu'un mur générique de cartes macro, cette section se concentre sur la manière dont le pays attire la demande étrangère, où se situe son avantage commercial et comment évolue sa balance extérieure.

Échanges totaux South Korea₩1,6 Bn
Biens
Services
Biens
Services
Exportation₩822,6 Md
₩794,4 MdImportation
Balance extérieure2024
Exportations +₩822,6 Md
Importations -₩794,4 Md
Solde+₩28,2 Md
₩822,6 Md
Total exports

The full export figure, combining goods and services in one line. It is the cleanest way to read how much external demand South Korea is capturing across both physical products and higher-value intangible flows.

₩683,6 Md
Goods exports

This is the merchandise side of exports: industrial supplies, capital goods, autos, food, and other physical products. It matters because it reflects the health of manufacturing, energy, aerospace, and the broader global industrial cycle.

₩139,0 Md
Services exports

This is the intangible side: finance, travel, licensing, business services, and IP-linked flows. It matters because it shows where South Korea is strongest in higher-margin, knowledge-intensive, and branded service activities.

Composition des échanges

Ce que le pays exporte

Partenaires commerciaux

Où le pays commerce

Prisme des matières premières

Exposition aux matières premières

Goods share of exports83.1%

Goods made up 83.1% of total exports in 2024, leaving services at 16.9%.

Goods share of imports79.5%

Goods made up 79.5% of total imports in 2024, leaving services at 20.5%.

Largest export goods bucketManufactures 86.6%

This was the biggest WTO merchandise export group for South Korea in 2024.

Largest import goods bucketManufactures 60.0%

This was the biggest WTO merchandise import group for South Korea in 2024.

Merchandise balance$51.8B

Goods exports minus goods imports in 2024. A surplus here shows whether merchandise trade supports or drags on the overall external balance.

Ce qu'il faut surveiller

Grille de lecture

01

semiconductor cycle

South Korea should first be read through semiconductor cycle. When this regime shifts, local multiples and sector leadership usually shift with it.

02

export orders

The market is usually read through semiconductors, export order momentum, and whether domestic policy and household leverage allow the local cycle to absorb global manufacturing slowdowns. That makes export orders one of the most important signals for revising the country narrative.

03

household leverage

The final layer is household leverage, because it determines whether the macro backdrop turns into sustainable earnings support for the KOSPI.

Autres pays

Poursuivez à travers Asia

Chaque carte ouvre le même modèle de pays avec sa propre carte, des variables macro permutables et une vue de référence. C'est le premier réseau lié de pages pays de la région.