November 29, 2007

The U.S.-South Korea FTA will be of particular benefit to U.S. small- and medium-sized businesses (SMEs), enterprises with fewer than 500 employees. In 2005, U.S. SMEs exported $8.2 billion in merchandise to S. Korea, representing 33 percent of total U.S. exports to S. Korea—above the 29 percent SME share of U.S. exports to the world.

Source: Prepared by the International Trade Administration