Country Comparison of Economy Project

Country Name: South Korea


Government type: Republic


GDP Composition: Agriculture: 2.3% Industry: 38% Services: 59.7% (2015 est.)


Agriculture - Products: rice, root crops, barley, vegetables, fruit; cattle, pigs, chickens, milk, eggs; fish


Industries: electronics, telecommunications, automobile production, chemicals, etc.


Exports: a. $535.5 billion (2015 est.) b. $621.3 billion (2014 est.)


Exports - Commodities: semiconductors, petrochemicals, automobiles/auto parts, ships, steel, electronics, wireless communication equipment, etc.


Imports: a. $430.8 billion (2015 est.) b. $528.6 billion (2014 est.)


Imports - Commodities: crude oil/petroleum products, semiconductors, natural gas, coal, steel, computers, fine chemicals, textiles, etc.


South Korea, an East Asian nation on the southern half of the Korean Peninsula, shares one of the world's most heavily militarized borders with North Korea.


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Country Name: United Kingdom


Government type: Constitutional monarchy and common wealth realm


GDP Composition: Agriculture: 0.6% Industry: 19.7% Services: 79.6% (2015 est.)


Agriculture - Products: cereals, oilseed, potatoes, vegetables, cattle, sheep, poultry; fish


Industries: machine tools, electric power equipment, shipbuilding, etc.


Exports: a. $442 billion (2015 est.) b. $480.8 billion (2014 est.)


Exports - Commodities: manufactured goods, fuels, chemicals; food, beverages, tobacco.


Imports: a. $617.1 billion (2015 est.) b. $680.4 billion (2014 est.)


Imports - Commodities: manufactured goods, machinery, fuels, foodstuffs.


The U.K., made up of England, Scotland, Wales and Northern Ireland, is an island nation in northwestern Europe.

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