ZVEI Foreign Trade Report Special: South Korea

South Korea is one of the world’s leading industrialized nations and, ahead of Germany, the fourth-largest electro and digital market in the world. South Korea’s electro industry stands to benefit from several economic trends, but it also competes directly with its major rival, China. Although German electro exports to South Korea declined last year, the country remains a key supplier of the German electro and digital industry, particularly in the semiconductor sector.

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