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ASIA – South Korea: The next Asian export challenge

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|   By David Ramírez   | The fall in prices of commodities and China’s economic slowdown has revived the need for Latin America to diversify its export base and its trading partners in Asia. South Korea offers a good alternative by virtue of its market potential of more than 50 million people, with a per capita GDP of more than $33,000 (purchasing power parity). Latin America’s potential for exporting to South Korea has so far not been exploited. The largest volume of sales continues to be in mining products and petroleum. It has barely taken advantage of South Korea’s […]
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