The Korean economy is the 12th largest in the world. Strong sectors include semiconductors, electronics, cars, shipbuilding and steel.

Dutch exports to Korea

In 2006 the Netherlands exported for 3 billion USD to Korea and are the third largest exporter to Korea within the EU (after Germany and France, but before for example Italy and the UK). In 2003, the Dutch export to Korea was about half the export of Italy and France; now it is comparable. The growth in Dutch exports is largely attributable to one company: ASML, which produces systems for the semiconductor industry. Other important products include computer chips, waste & scrap of stainless steel, pork, materials for orthopaedic appliances and skim milk powder preparation.

Useful websites:
Information on Dutch Industries  www.hollandtrade.com
Dutch Exporters Directory  www.abc-d.nl

Dutch imports from Korea

With an import value of 3,6 billion USD, the Netherlands were in 2006 the third largest importer of Korean goods within the EU (after Germany and the UK). The EU is the second largest export market of South Korea, after China and before the US and Japan.

Useful websites:
Korea International Trade Association  www.kita.org


Foreign direct investment in Korea

The Netherlands invested in 2006 800 million USD in South Korea and are the fourth largest investor in the country, after the USA, UK and Japan. In 2006 Korea invested 254 million USD in the Netherlands, out of a total of 18 billion USD invested abroad by Korean companies.

Useful websites:
Invest Korea  www.investkorea.org