EXPORTING MADE EASY
After a modest 1.4% growth in 2023, South Korea's economy rebounded to 2.2% in 2024, driven by strong export performance, particularly in semiconductors, despite weak domestic demand. However, growth is projected to slow to 0.8% in 2025, influenced by political instability, declining consumer confidence, and global trade tensions
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To stimulate the economy, the government approved a â‚©31.8 trillion ($23.3 billion) stimulus package in July 2025, focusing on direct cash transfers, support for small businesses, and investment in AI infrastructure. Additionally, the Bank of Korea reduced interest rates to 2.5% to bolster growth amid persistent low domestic demand.
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With its advanced technology sector, strong industrial base, and strategic location in East Asia, South Korea remains a key partner for UK businesses seeking access to regional markets and technological collaborations.
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Trade fairs in South Korea offer valuable opportunities for UK companies to engage with local industries, showcase innovations, and explore partnerships. Below are three prominent trade fairs where UK participation could be impactful:
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Korea’s largest manufacturing technology exhibition with a focus on machine tools, manufacturing automation, robotics, digital transformation, materials & parts — crucial for the manufacturing/industrial supply chain
If you supply battery materials, cell components, test equipment, consider pairing your presence with Korean OEMs / tier-1s; speak to Korea’s evolving battery value chain
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25th Korea International Process & Packaging Exhibition
31st March - 3rd April, 2026
Seoul
With over 1,000 exhibitors from 25 countries and more than 60,000 buyers / importers / end-users, this is a major hub for packaging innovation and Asia Pacific supply chain.
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