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Home/Countries/South Korea
🇰🇷
East Asia · Capital: Seoul

Trade with South Korea

Connect with verified suppliers and buyers for B2B international trade with South Korea. Currency: KRW. Language: Korean.

💰
$1.7T
GDP
👥
52M
Population
📦
$1.3T
Trade Volume

🌐 Market Opportunities

Technology innovation hub. Strong semiconductor and electronics industry. K-culture global influence.

🕒 Doing business in South Korea

— : — : —
Working currency
South Korean Won (KRW)
Working days
Monday – Friday (some Saturday)
Business hours
09:00 – 18:00
Time zone
Asia/Seoul
Working language
Korean + English (B2B)
Common Incoterms
FOB · CIF · CFR · EXW · DAP
Primary commercial ports
Shanghai, Shenzhen, Ningbo-Zhoushan, Busan, Tokyo
Notable shipping-window holidays
Chinese New Year (Jan/Feb) · Golden Week (1 Oct) · Mid-Autumn Festival (Sep/Oct)

💬 Useful B2B phrases

  • Hello你好 / こんにちは / 안녕하세요
  • Please send a quote请发送报价
  • Thank you谢谢
  • Best regards此致敬礼
  • We confirm the order我们确认订单
Browse South Korea suppliersSubmit an RFQ to South Korea

🚢 Shipping to South Korea

Indicative transit times from the Faktorist hub. Real lead times depend on order size, customs lane, and seasonality — confirm in the RFQ.

IncotermTransit timeRoute
FOB30–45 daysSea freight via Suez → Shanghai / Busan
CIF32–48 daysSea freight with cargo insurance
Air (DAP)4–7 daysAir freight via Frankfurt / Doha hub

📞 South Korea reference facts

ISO country code
KR (kr)
International phone prefix
+82
Capital
Seoul
Region
East Asia
Spoken / business languages
Korean · English (B2B)
Trade agreements
Multiple FTAs including US, EU, ASEAN
B2B tip: Chuseok (mid-autumn) and Seollal (lunar new year) each pause production for 3–5 days.

💱 USD ↔ KRW converter

Indicative rate · 1 USD ≈ 1,330 KRW — confirm at order confirmation.

Currency: South Korean Won (KRW). Rates refresh on page load.

📅 South Korea business calendar

Plan around national holidays that pause customs, factories, and shipping.

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Low impactMedium impactHigh impactSevere impact

Holidays in June 2026

  • Memorial DaySat 6 Jun

🤝 Business Culture

Hierarchical and formal. Relationship-building important. Fast-paced business environment.

Doing business with South Korea typically follows a indirect, hierarchical, and relationship-driven; "no" is rarely said outright. Meetings are begin with introductions by seniority; expect tea or coffee service. Decision-making is consensus-driven and slower; the most senior person speaks last. Working language for international trade is commonly Korean, with English also widely used in B2B exchanges. Pricing and contracts are usually quoted in KRW for cross-border transactions on Faktorist. Punctuality is essential and signals respect. Modest, branded, well-wrapped gifts are part of first meetings. South Korea's active trade sectors include Electronics, Automotive, Shipbuilding, Petrochemicals, and Faktorist matches international buyers with verified South Korea-based suppliers across these segments via RFQs and Sofiia AI matching.

Working language
Korean
Trade currency
KRW
Business hub
Seoul
Meeting style
begin with introductions by seniority; expect tea or coffee service
Decision making
consensus-driven and slower; the most senior person speaks last
Punctuality
punctuality is essential and signals respect
Gift etiquette
modest, branded, well-wrapped gifts are part of first meetings

📊 Trade Flows

📥 Top Imports

  • 1Mineral Fuels
  • 2Electrical Equipment
  • 3Machinery
  • 4Ores
  • 5Optical Equipment

📤 Top Exports

  • 1Electrical Equipment
  • 2Machinery
  • 3Vehicles
  • 4Mineral Fuels
  • 5Plastics

📈 Trade Intelligence

Estimated figures based on Faktorist's verified trade records

$900K+

Est. Export Value to South Korea

1K+ tons

Est. Weight Exported

2000+

Est. Shipments

$700K+

Est. Import Value from South Korea

93 tons+

Est. Weight Imported

9000+

Est. Shipments

📦 Top Products Exported to South Korea

$0+

Canned Horoshok Green Without Doda Vannia

several est. shipments

$0+

Canned Tomato Sauce In Asortymen

several est. shipments

$0+

Canned Caviar Without Addition Otstu

several est. shipments

$0+

Canned From Addition Ots

several est. shipments

$0+

Canned From Addition Ots Tu Zakuska

several est. shipments

$0+

Canned Lecho Bolharske From Dodavan Niam

several est. shipments

$0+

Candies Caramel From Cooked Sugar

several est. shipments

$0+

Candies Istorii Okeanu From Nut Praline

several est. shipments

$0+

Canned Dzhem Abrykosovyi By In Upak

several est. shipments

$0+

Canned Dzhem Polunychnyi By In Upak

several est. shipments

$0+

Canned Corn Sugar Without Dod Avannia

several est. shipments

$0+

Block Automatic Processed Informatsii

several est. shipments

$0+

Brendi Shabo Zahalnoiu Bottle

several est. shipments

$0+

Beet Zhom Droblenyi

50+ est. shipments

$0+

Antenni Pidsyliuvachi

several est. shipments

$0+

Biolohichnoho Origin

several est. shipments

$0+

Bezprovodovi Infrachervoni Devices

several est. shipments

$0+

Butter Transmisiine Olyva Transmisiina

several est. shipments

$0+

Canned Cucumber Pickled From Doda Vanniam

several est. shipments

$0+

Canned Without Addition Otstu

several est. shipments

📤 Top Products Imported from South Korea

$0+

Box From Corrugated Cardboard Set Packaging

several est. shipments

$0+

Box From Corrugated Cardboard

several est. shipments

$0+

Block Machine

several est. shipments

$0+

Box From Corrugated Cardboard Packaging

several est. shipments

$0+

Block Electro

several est. shipments

$0+

Block

several est. shipments

$0+

Block Electro Adapter For Televizoriv

several est. shipments

$0+

Block Electro Adapter For Televizoriv Monitoriv

several est. shipments

$0+

Bolt From Shestyhrannoiu Holovkoiu M8Kh240 Bp

several est. shipments

$0+

Bearing Kovzannia

50+ est. shipments

$0+

Bearing From Cylindrical Rolykamy

several est. shipments

$0+

Automatic Circuit Breaker

several est. shipments

$0+

Bezprovidnyi Infrachervonyi Pryimalnyk

several est. shipments

$0+

Bearing Kovzannia Vkladysh Povorotnoi Slab Vstanovliuiutsia

several est. shipments

$0+

Adhesive

20+ est. shipments

$0+

Blank

several est. shipments

$0+

Block Electro Adapter For Audio Prystroiv

several est. shipments

$0+

Bampera

50+ est. shipments

$0+

Bampery

10+ est. shipments

$0+

Brake

20+ est. shipments

🏭 Key Industries

ElectronicsAutomotiveShipbuildingPetrochemicalsSteel

🤝 Trade Agreements

  • ✓Multiple FTAs including US, EU, ASEAN

🗂️ Quick Facts

Capital
Seoul
Currency
KRW
Language
Korean
Region
East Asia
GDP
$1.7T
Population
52M
Trade Volume
$1.3T

📊 Faktorist Trade Data

Exports to South Korea
2,476 shipments
Est. Export Value
$$900K+
Est. Export Weight
1K+ tons
Imports from South Korea
9,185 shipments
Est. Import Value
$$700K+
Unique Products
40

Trade with South Korea

Connect with verified suppliers and buyers on Faktorist.

Export to South KoreaSource from South Korea

Other East Asia trade destinations

Buyers sourcing from South Korea often compare quotes across the region. Explore neighbouring markets — same shipping lanes, similar Incoterms, often overlapping supplier rosters.

  • 🇨🇳China
  • 🇯🇵Japan
  • 🇲🇳Mongolia
  • 🇰🇵North Korea
  • 🇹🇼Taiwan
← Explore All Trade Destinations
❓ Frequently asked questions

Frequently asked questions about trade with South Korea

Common buyer and supplier questions, answered using current Faktorist marketplace data for South Korea.

What is the business culture like in South Korea?

›
Doing business with South Korea typically follows a indirect, hierarchical, and relationship-driven; "no" is rarely said outright. Meetings are begin with introductions by seniority; expect tea or coffee service. Decision-making is consensus-driven and slower; the most senior person speaks last. Working language for international trade is commonly Korean, with English also widely used in B2B exchanges. Pricing and contracts are usually quoted in KRW for cross-border transactions on Faktorist. Punctuality is essential and signals respect. Modest, branded, well-wrapped gifts are part of first meetings. South Korea's active trade sectors include Electronics, Automotive, Shipbuilding, Petrochemicals, and Faktorist matches international buyers with verified South Korea-based suppliers across these segments via RFQs and Sofiia AI matching.

What is the working language for international trade with South Korea?

›
The working language for international trade with South Korea is commonly Korean, with English also widely used in B2B exchanges. Faktorist's platform and RFQ flow are available in 35 languages, so buyers and suppliers can communicate in their preferred language while the platform handles translation.

Which currency is used for trade with South Korea?

›
Cross-border transactions on Faktorist are typically quoted in KRW when trading with South Korea. Final invoicing currency is set per RFQ; the platform supports multi-currency negotiation and conversion.

How do I source from suppliers in South Korea on Faktorist?

›
Browse verified South Korea-based suppliers on Faktorist, narrow by industry, certification, MOQ, or price, and submit a Request for Quotation. Sofiia AI matches your RFQ against supplier capabilities and returns competitive quotes — usually within 24 hours.

What are the main industries to trade with in South Korea?

›
South Korea's active trade sectors include Electronics, Automotive, Shipbuilding, Petrochemicals. Faktorist surfaces verified suppliers in each segment with product catalogues, trade history, and certifications visible on every profile.

What does Ukraine export to South Korea?

›
Recorded export shipments to South Korea on Faktorist include: Canned Horoshok Green Without Doda Vannia, Canned Tomato Sauce In Asortymen, Canned Caviar Without Addition Otstu, Canned From Addition Ots, Canned From Addition Ots Tu Zakuska. Faktorist surfaces every export lane with estimated value, weight and shipment counts so buyers can size the addressable market before sourcing.

How much trade activity does Faktorist track with South Korea?

›
Faktorist's analytics layer tracks approximately 2000+ shipments to South Korea, with an estimated combined value of $900K+. Every shipment is anonymised and rounded — exact buyer/supplier pairs are surfaced through the RFQ flow.

Which industries are most active in trade with South Korea?

›
Active industries for trade with South Korea include: Electronics, Automotive, Shipbuilding, Petrochemicals, Steel. Faktorist matches verified suppliers and buyers across each of these sectors.
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