Doing Businessin South Korea
Asian Market Insights
The Covid-19 pandemic has created a new set of challenges for the South Korean market.
Enterprise Ireland is responding to the global crisis by working with Irish exporters to help them avail of business response supports announced by the Government. These supports are designed to help businesses stabilise and adapt to the evolving situation, in preparation for getting back on the road to recovery.
The EU-South Korea Free Trade Agreement provides strong opportunities for Irish firms willing to make the commitment needed for export success. South Korea is the 10th largest economy in the world and the 4th largest in Asia-Pacific. It is home to some of the world’s biggest conglomerates including Samsung and Hyundai. It is a leading global exporter of semiconductors, telecommunications equipment, automobiles, chemicals, ships and consumer electronics. The country leads the world in broadband internet penetration and has one of the world’s highest rates of internet and mobile telephone use.