Among the total $4.8 billion in cross-border e-commerce sales in South Korea in 2022, 38 percent of goods were sourced from the United States.

More Korean healthcare companies looking to work with U.S. healthcare consulting firms as Korea grows its healthcare exports.

A world leader in memory chips, Korea is seeking to expand their leadership beyond memory chips to include microprocessors and sensors.

South Korean officials search for ways to move to more secure and environmentally friendly energy sources.

As awareness of cyber vulnerabilities became apparent, South Korea’s demand for cybersecurity products and services continues to grow.

The cross border e-commerce market in Korea has increased from $2billion in 2017 to $4.5 billion in 2022, resulting in a 23 % of average annual growth rate.

Where you come from matters if you want to enter the Korean Franchise market.

Korea’s Saving and Recycling of Resources Act (Recycling Act) bans the usage of plastic materials that are difficult to recycle such as PVC and colored PET bottles. 

Market expansion opportunities exist for American chemical companies for IT and electronics materials in Korea.

Korea’s energy policy supports a move away from coal and civil nuclear in favor of LNG and renewable. This has implications as the U.S. liquefaction capacity continues to grow.

Korean standards on drone delivery and infrastructure to support a safe environment will be established by 2023 and actual delivery operation will start in 2025.

Korea’s tourism market opportunities remain strong. Growth trends are moving toward more diverse travel experiences and optimizing social media landscape.