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How to do business in South Korea

Everything you need to know to grow your business in South Korea

Sourcing products from South Korea is a great opportunity for US small businesses to get excellent quality goods for a reasonable price. Since the value of the South Korean currency (won) is usually well below the US dollar, getting your supplies from South Korea can cut your costs.

The economy of South Korea is largely export-oriented. The US is South Korea’s second biggest export partner with most large US companies looking for vehicles, machinery, pharmaceuticals and mineral fuels.

For many people, South Korea means high-tech goods and services. Just an example: South Korea boasts the fastest average internet connection in the world, and it’s the most connected nation on the planet.

The Ultimate Guide to Doing Business in South Korea

The Won

Great Currency for US imports

Language

Do you need to speak Korean to find a supplier?

Cell Phones

Use your own or rent one?

Business Culture

Up close and personal

Read The Ultimate Guide

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