South Korea is the fourth largest economy in Asia and is home to a well-established and competitive democracy. It is among the wealthiest economies in Asia and posses a major consumer base with strong purchasing power. B.C. and South Korea can support one another in various trade and investment activities. Through recent conversations surrounding South Korea’s involvement with the CPTPP as well as the Canada-Korea Free Trade Agreement, Canada and Korea have a solid economic foundation.
Monetary figures are in USD
With the Canada-Korea Free Trade Agreement (CKFTA), British Columbia and Korea enjoy strong bilateral relationships and extensive business connections, particularly trade in goods such as coal, copper, unwrought aluminum, and wood products including wood pulp. South Korea’s technology-intensive economy presents opportunities for trade and partnership in additional key sectors.
Our Trade and Investment representatives actively assist Korean and British Columbia businesses to explore shared opportunities in transportation, digital media, information and communication technologies, clean technologies, renewable energy, marine technology, life sciences, and education.
Embassy of Canada to Korea
21 Jeongdong-gil, Jung-gu, 04518
Seoul, South Korea
Contact our Trade and Investment Representatives. Our team welcomes your inquiries:
Our Trade and Investment Representatives can help you establish the right connections, participate in events and tradeshows, explore programs and initiatives, and more. Connect with an expert near you.