Republic of Korea

• The Korean subsidiary of Promosalons is dynamic and has an extensive portfolio of trade shows taking place both in France and in Asia. The Korean market is mature and buyers are showing more and more interest in French exhibitions, with a 11% increase in visitor numbers in four years (7,000 Korean visitors attending French trade shows in 2013)

Practical information about the korean office

 Time difference with France (summer/winter):+ 7hr / + 8hr
 Office opening hours: 9.30 / 18.30
 Weekly closing: Saturday/Sunday
 Phone number: + 82 2564 9833

Facts and economic indicators

 Area surface: 99 720 km2
 Economic / Political Capital: Seoul / Sejong
 Population 2015: 51 million
 Official languages: Korean
 Usual language (for brochures): Korean
 Political system: Parliamentary Democracy

 Currency: won (KRW)
 Exchange rate May 2017: 1€ = 1242,7 ￦
 GNP 2016 : USD 1 411,2 billion
 Economic growth 2016: + 2.1 %
 Inflation 2016 : + 1 %

 Main industries: Mechanical, electrical equipment, electronics, IT, transport equipment, petrochemistry, shipbuilding and services
 Imports (2014): USD 525.5 billion
 Exports (2014): USD 572.7 billion
 Principal trading partners: U.S., EU, China, Japan