The Korean economy is the 13th largest in the world. Strong sectors include semiconductors, electronics, cars, shipbuilding and steel.

Dutch exports to Korea

The Dutch export to Korea has been on steady increase over the last years. In 2008, however, the total amount Dutch export to Korea was 3.2 billion USD, with a slight decrease due to the global economic downturn, and the Netherlands was the 5th largest exporter to Korea within the EU. Major Dutch export products include semiconductor-related materials and devices, waste and scrap of stainless steel, natural milk constituents, and other machineries.

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

Dutch imports from Korea

The Dutch import from Korea in 2008 reached up to 6.4 billion USD, which has made the Netherlands the 2nd largest importer of Korean products among EU countries (after Germany, before 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 1.98 billion USD in South Korea in 2007 and was the 2nd largest investor in the country, after the USA. In 2008, the Netherlands ranked as the 4th largest investor with investments worth 1.22 billion USD. Korean companies invested about 800 million USD in the Netherlands in 2008.

Useful websites:
Invest Korea  www.investkorea.org