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Korea

Since the 1960s, South Korea has achieved an incredible record of growth and global integration to become a high-tech industrialized economy. Four decades ago, GDP per capita was comparable with levels in the poorer countries of Africa and Asia. In 2004, South Korea joined the trillion dollar club of world economies, and currently is among the world's twenty largest economies. Initially, a system of close government and business ties, including directed credit and import restrictions, made this success possible. The government promoted the import of raw materials and technology at the expense of consumer goods, and encouraged savings and investment over consumption.
Economy of Korea
Currency Won
Fiscal Year 01 January - 31 December
GDP (PPP) $1.356 trillion (2009 est.)
GDP (per capita) $28,000 (2009 est.)
Exports $355.1 billion (2009 est.)
Imports $313.4 billion (2009 est.)
Main Industries Electronics, Telecommunications, Automobile Production, Chemicals, Shipbuilding, Steel.
Exports - Commodities Semiconductors, Wireless Telecommunications Equipment, Motor Vehicles, Computers, Steel, Ships, Petrochemicals
Imports - Commodities Machinery, Electronics and Electronic Equipment, Oil, Steel, Transport Equipment, Organic Chemicals, Plastics
Exports Partners China 21.5%, US 10.9%, Japan 6.6%, Hong Kong 4.6% (2008)
Imports Partners China 17.7%, Japan 14%, US 8.9%, Saudi Arabia 7.8%, UAE 4.4%, Australia 4.1% (2008)