South Korea’s Manufacturing Dominance Exposes Economic Risks Amid Rising US Trade Tensions
Seoul: As tensions grow over potential reciprocal tariffs from the United States, new data highlights just how heavily South Korea’s economy leans on manufacturing and exports—making it particularly vulnerable to global trade disruptions. In 2023, manufacturing made up 27.6% of South Korea’s GDP, according to figures released by the National Assembly Budget Office (NABO) on…
