South korea Country Commercial Guide
Learn about the market conditions, opportunities, regulations, and business conditions in south korea, prepared by at U.S. Embassies worldwide by Commerce Department, State Department and other U.S. agencies’ professionals
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Market Opportunities
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The revised U.S.-Korea Free Trade Agreement (KORUS) – entered into force January 1, 2019 – reaffirmed South Korea as a welcoming export destination for U.S. firms. 

In 2020, South Korea South Korea pledged to pursue a fundamental shift in its energy mix, replacing a dependence on coal with renewable energy. To meet its climate commitments, the South Korean government aims to scale its renewables sector to 22% of power generation by 2030 from 7% in 2020. 

For detailed information on other industry opportunities in South Korea, please see Leading Sectors for U.S. Exports and Investment chapter of this report.