South Korea has been one of Western Australia’s top five export markets for two decades.
In 2016-17, South Korea was Western Australia’s fourth largest export market and its third largest market for iron ore.
Western Australia’s main import from South Korea is passenger vehicles, which accounted for 36 per cent of total imports from South Korea in 2016‑17.
South Korea and Western Australia are strengthening economic linkages through trade to support the expansion of the LNG industry in Western Australia.
South Korean companies are providing engineering and construction services to major LNG developments in the State, such as the Prelude floating LNG project.
The Department of Jobs, Tourism, Science and Innovation supports Western Australia’s Trade Office in Seoul.