Business & Economy · South Korea

Export economy

Semiconductors, vehicles, batteries, ships and cultural content connect Korea to global supply chains.

Large groups are influential, while smaller firms supply, innovate and employ across regions.

Hierarchy still matters, but flexible work, younger expectations and regulation are changing practice.

Use titles, exchange cards carefully and confirm decisions in writing without stereotyping every counterpart.

Domestic identity, payment and mapping systems may behave differently for short-term foreign users.

Verify partners, beneficial ownership, sanctions exposure, labour standards and data obligations.