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Global FTA Platform

Korea is the only Asian economy that has signed FTAs with all three of the world’s
largest markets—the European Union, United States and China.

Korea’s FTA Network

Korea’s global FTA network accounts for 73% of the global GDP.
Companies from Korea can enter the markets of developed countries by capitalizing on Asia’s strengths.

Korea’s FTA Status

EFTA (76.5),
EU (909.1),
Turkey (80.2),
India (194.7),
Singapore (350.5),
Vietnam (146.6),
China (2,353.7),
ASEAN(1,339.2),
USA(1,141.5),
Australia(288.5),
New Zealand(841.3),
Colombia(20.2),
Peru(25.8),
Chile(62.2),
Canada(114.6)

Trade volume (as of 2016, USD 100 mn)

  • In effect

    In effectEFTA, EU, ASEAN, Turkey, India, Singapore, Australia, USA, Canada, Peru, Chile, China,                                                     Vietnam, New Zealand and Colombia (July 15, 2016)

  • Concluded

    ConcludedCentral America (6 countries)

  • Underway

    UnderwayKorea-China-Japan, RCEP, Ecuador SECA, Israel

  • On the agenda

    On the agendaGCC, MERCOSUR, EAEU

*Source: Korea's Ministry of Trade (Aug 2016)