South Korea has been one of Western Australia’s top five export markets for two decades.
In 2015‑16, South Korea was Western Australia’s second largest market for copper and third largest market for iron ore and crude petroleum.
Western Australia’s main imports from South Korea are heating and cooling equipment (41 per cent), and passenger vehicles (10 per cent).
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 State Development supports Western Australia’s Trade Office in Seoul.