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Historical Comparison-Export of Goods :
Israel & South Korea (in B$)
Source: IMF
5.5
51
17.5
466
0
50
100
150
200
250
300
350
400
450
500
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
Israel
South Korea
Leading Economies in Asia – Main Indicators
Annual average growth rate in
imports of goods and services 2011-
15
Imports of goods and
services 2010 (B$)
Average growth rate 2010-2007GDP B$ (2010)Population MCountry
10.8% 1,521 10.8% 5,926 1,313 China
5.6% 768 -0.3% 5,460 127 Japan
6.3% 503 3.5% 1,015 50 Korea
11.3% 427 8.2% 1,721 1,184 India
7.7% 408 6.0% 223 5 Singapore
3.1% 286 3.9% 430 23 Taiwan
7.5% 204 3.3% 319 68 Thailand
6.9% 189 4.2% 278 28 Malaysia
12.2% 162 5.8% 706 243 Indonesia
13.3% 94 6.7% 104 88 Vietnam
5.9% 73 5.1% 200 100 Philippines
Korea, Rep.Israel
GDP - composition by sector
2.6%2.4%Agriculture
39.3%32.6%Industry
58.2%65%Services
Labor Force - by sector
7.3%2%Agriculture
24.3%16%Industry
68.4%82%Services
Gross Domestic Product by Sector of Origin
South Korea & Israel
2.6%
39.3%58.2%
7.3%
24.3%
68.4%
2.4%
32.6
%
65%
2%16%
82%
*Source : CIA, factbook
Rank Country/Region Population Area (km2(Density
(Pop per km2)
1 Singapore 5,183,700 707.1 7,331
2 Bangladesh 142,325,250 147,570 1,069
3 Mauritius 1,288,000 2,040 631
4 Republic of China (Taiwan) 22,955,395 36,190 640
5 South Korea 48,456,369 99,538 487
6 Lebanon 4,224,000 10,452 404
7 Netherlands 16,740,000 41,526 403
8 Rwanda 9,998,000 26,338 380
9 Israel 7,697,600 20,770 371
9 Most Densely Populated Countries(population above 1 million )
Source: CBS, The World Bank
2015 201020152010
IsraelIsraelKorea, Rep.Korea, Rep,
Health
886.76.1Healthcare spending (% of GDP)
3,0712,2942,0511,250Healthcare spending (US$ per head)
Consumer goods in use (per 1,000 population)
331277420358Passengers cars
357412182375Telephone main lines
1,3431,3091,1541,016Mobile phone subscribers
453410772673Television sets
881817805656Personal computers
Social Indicators and Living Standard
*Source : The Economist
The Enabling Trade Index - ETIGCI – The Global CompetitivenessDoing businessCPI 2011
South Korea and Israel – Indexes Comparison
KoreaIsraelIndex
2726Enabling Trade Index
2224GCI
834Doing Business
4336Corruption Perception Index
Leading GCI Indicators
Israel vs. South Korea
Source :Global Competitiveness Index
0
1
2
3
4
5
6
7Institutions
Infrastructure
Macroeconomic
environment
Health and primary
education
Higher education
and training
Goods market
efficiency
Labor market
efficiency
Financial market
development
Technological
reainess
Market size
Business
sophistication
Innovation
South Korea
Israel
0.00
2.00
4.00
6.00
8.00
10.00
12.00
14.00
16.00
18.00
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011*
Israel
South Korea
Labor cost per hour
)in U.S$ (
Av. Change in Exchange Rate
)Base = 2000(
Source: The Economist
80.0%
85.0%
90.0%
95.0%
100.0%
105.0%
110.0%
115.0%
120.0%
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
NIS WON
GCI – The Global Competitiveness
South Korea and Israel –
Innovation Sub Index Comparison
KoreaIsraelIndex
206Capacity for innovation
251Quality of scientific research institutions
118Company spending on R&D
257University-industry collaboration in R&D
316Gov’t procurement of advanced tech products
2310Availability of scientists and engineers
54Utility patents granted/million pop
Economic IndicatorsIsrael V.S S.Korea
Source: The Economist, The World Bank
% GDP Israel S.Korea
Exports of Goods & Services 36.9 52.4
Budget expenditure 31.7 21.7
Budget Balance 3.7- 1.4+
Public debt 74.6 23.1
Gross national savings ratio 18.9 31.9
Military expenditure 6.9 2.9
Public Debt (%GDP)
200%
119%
84% 83% 82%76% 75%
63%
51%
23%
0
50
100
150
200
250
Japan Italy Canada Germany France UK Israel USA India South
Korea
Investments
South Korea vs. Israel
*Source : The Economist
Av. 2005-2010 Israel Korea, Rep.
Gross fixed investment (% of GDP) 17.6 28.9
Inward FDI flow/GDP (%) 4.78 0.3
Inward FDI stock/GDP (%) 33 12.2
Productivity Rate
Av. 2005-2010 Israel Korea, Rep.
GDP (% real change) 4.25 3.87
Labour productivity growth (%) 0.8 2.87
Total factor productivity growth (%) 1.15 1.8
*Source : The Economist
Exports of Goods by Countries, 2010
Source: Central Bureau of Statistics, GTIS
Israel South Korea
China
25%
United States
11%
Japan
6%
Hong Kong
5%
Singapore
3%
Taiwan
3%India
2%
Germany
2%
Vietnam
2%Indonesia
2%
R.O.W
38%
USA
28%
United Kingdom
5%
Netherlands
4%
China
4%
India
4%
Germany
4%
Turkey
3%
Italy
3%
R.O.W
40%
*Excluding Diamonds
Unlike Israel, South Korea’s big advantage lies in the fact that it still enjoys rapid
growth of surrounding states and less influenced by problems in Europe.
Israel – South Korea Trade 2003-10 (M$ , ex diamonds(
410437
639
732
809834 844
635
532
760
853894
945
1,103
871
1,101
805
1,145
50.61%
6.46%
46.24%
14.64%
10.56%
3.01%1.25%
-16.22%
-20%
-10%
0%
10%
20%
30%
40%
50%
60%
0
200
400
600
800
1,000
1,200
1,400
2004 2005 2006 2007 2008 2009 2010 1-9/2010 1-9/2011
Exports Imports Exports Growth
Israel Exports to South Korea –
Main Sectors, 2010-2009
SECTOR M$ % change 10/9 % of total
Electronic Components 255 -45% 30%
Devices for Measurement, Testing and Navigation
241 177% 29%
Basic Metal 90 135% 11%
Chemicals 84 29% 10%
Telecommunication 47 30% 6%
Machinery and Equipment 41 -18% 5%
Other 86 10%- 9%
Total Export 844 1% 100%
Israel Exports to South Korea – Main Sectors, 01-09.2009-2011
SECTOR2009 (M$)
2010 (M$)
2011 (M$)
Change 09/11 (%)
% of Total 2011
Devices for Measurement, Testing and Navigation
49 195 129 162% 24%
Electronic Components 341 189 111 -68% 21%
Basic Metal 21 63 80 282% 15%
Chemicals 43 62 64 50% 12%
Machinery and Equipment 39 30 40 2% 7%
Telecommunication 27 35 22 -18% 4%
Other 73 65 91 25% 17%
Total Export 592 639 536 -9% 100%
IEICI- Countries Attractiveness Score Model
Germany
Brazil
Hong Kong
Singapore
Korea
Japan
Mexico
Canada
UKTaiwan
Indonesia
France
Australia
Russia
Turkey
SwedenPoland
Netherlands
Malaysia
Switzerland
Spain
Thailand
Austria
Belgium
Chile
Italy
UAESaudi Arabia 0
20
40
60
80
100
120
140
160
20 30 40 50 60 70 80
Isra
el’
s S
tatu
s
Market Attractiveness
China
India
USA
NTDB
South Korea–
Potential Sectors Market Size (B$)
20112010Index
3635Automotive Parts and Accessories
1513.7Drugs and Pharmaceuticals
8.88.5Pollution Control Equipment
8.78.1Defense Industry Equipment
6.64.6Renewable Energy
43.6Healthcare Technology and Medical Devices
2.82.6Computer Software
0.50.5Wireless Broadband Equipment and Services
NTDB
South Korea–
Potential Sectors Total Imports(B$)
20112010Index
4.24.1Automotive Parts and Accessories
2.52.2Drugs and Pharmaceuticals
0.80.8Pollution Control Equipment
21.9Defense Industry Equipment
1.51.4Renewable Energy
2.22Healthcare Technology and Medical Devices
0.60.6Computer Software
0.20.2Wireless Broadband Equipment and Services
Main Barriers in Doing Business World Bank, Doing Business Report
* Source : world bank
IsraelKorea, Rep.
4324Starting Business
13726Dealing with Construction Permits
9311Getting Electricity
14771Registering Property
88Getting Credit
579Protecting Investors
5938Paying Taxes
104Trading Across Borders
942Enforcing Contracts
4513Resolving Insolvency
Main Barriers in Doing Business Global Competitiveness Index
From a list of 15 factors, respondents were asked to select the five most problematic for doing business in their country
and to rank them between 1 (most problematic) and 5. The bars in the figure show the responses weighted according
to their rankings.
Israel Korea, Rep.15.3
15.3
15.2
12.7
8.1
7.7
5.9
5.5
3.9
3.7
2.4
2.4
1.5
0.3
0.2
Access to financing
Inefficient government bureaucracy
Policy Instability
Restrictive labor regulation
Tax regulation
Inadequately educated workforce
Corruption
Inadequate supply of infrastructure
Tax rates
Inflation
Foreign currency regulation
Poor work ethic in national labor force
Government instability/coups
Crime and theft
Poor public health
14.4
10.1
10.0
8.9
7.8
7.8
7.0
6.4
5.7
5.3
3.6
2.9
1.6
1.4
0.1
Inefficient government bureaucracy
Inadequate supply of infrastructure
Tax rates
Inadequately educated workforce
Policy Instability
Restrictive labor regulation
Access to financing
Poor work ethic in national labor force
Tax regulation
Government instability/coups
Foreign currency regulation
Corruption
Inflation
Crime and theft
Poor public health
44.644.343.7
41.540.740.5
39.738.537.937.536.8
35.2
28.928.428.127.926.7
25.9
World Population by Age Median
Source: CIA,World Factbook
Opportunities- South Korea
•15th among world largest economies.
•rapid growth of Southeast Asia: 6.2% growth In 2010 And 4% average
forecast growth rate in 2011-15.
•World’s 11th largest Importer: Ahead of the Canada, India and Russia.
•The Korean government has announced several plans
to develop future industries, including telecommunications and IT,
environmental technology and life sciences.
•Great interest in technology and innovation.
•World’s largest shipbuilder: including world’s largest shipyard run by
Hyundai Heavy Industries.
•World’s 5th largest automobile manufacturer: including world’s largest
automobile assembly plant (Hyundai Motors).
• Largest electronics manufacturing firm: Samsung Electronics.