Economy and Trade

Korean Economy Indicators
• GDP Korean indicator is estimated at about $ 1.5 billion, in an economy with Total exports amounting to a 573.1 billion, and total imports to 525.7 billion dollars, the annual trade surplus in Korea in 2014, recorded a $ 47.4 billion, and the country's reserves of foreign exchange recorded a 363.6 billion at the end of December 2014.
• Other indicators during 2014: the growth rate was 3.4%, , the unemployment rate was 3% and the rate of inflation was 1.3%, while the Bank of Korea maintained its level of interest rate unchanged at 2.5% by the end of 2014.  

The most important companies and business groups in Korea
Samsung Group: electronics, semiconductors, telephones, TVs and monitors, refrigerators, household appliances, ships, construction, heavy industry and other areas.
LG Group: electronics, household appliances, telephones, construction and other areas.
SK Group: telecommunications, energy and other areas.
Hyundai Group: cars, ships, construction, engineering projects, heavy industry and other areas.
Hanhwa Group: petrochemical, construction and other areas.
Daewoo Group: ships, automobiles, construction, heavy industry and other areas.
Hanjin Group: ships, heavy industry, airports, construction and other areas.
Lotte Group: major hotels, shopping malls and other areas.
Hana Financial Group: Banks and financial companies and other areas.
Woori Financial Group: banks, financial companies and other areas.
Korea Gas Corporation (Kogas): government institution responsible for the import of liquefied gas.
Korea National Oil Corporation - KNOK: governmental organization working in the field of prospection and exploration for oil.