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Parts & Materials

Korea's parts and materials industry, a core component of the coutry's economy, boasts a high level of global competitiveness, and continues to lead the world by increasing investments for R&D in manufacturing.

Trade performance of the parts and materials industry (2014)

주요국 제조업 R&D 투자 세계 점유율 (2016)
Country Computers, Electronics, and Optical Instruments Automobiles
Korea 58.2 12.8
China 17.6 8.6
France 23.5 12.2
Germany 15.9 37.3
Italy 15.7 15.7
Japan 25.9 27.0
United Kingdom 13.9 17.7
United States 30.3 7.6

 

* Source: OECD ISIC Rev. 4 "R&D Expenditure in Industry

Major Parts and Materials Production Index

Korea's major parts and materials sectors remain strong, with electronics parts showing significant growth over the past three years.

(Unit: USD 10,000 MN)
Electronics (export: 932, import: 485, Balance:448)
Transportation (export: 304, import: 74, Balance:231)
Chemicals (export: 452, import: 283, Balance:169)
Electric (export: 238, import: 143, Balance:95)

* Source: Statistics Korea