Industry Trend Analysis - Low Risks Will Maintain The Attractiveness Of South Korea As A Production Base - FEB 2018

BMI View: South Korea ' s relative attractiveness lies with its large and highly skilled labour force and its very low economic and political risk environment. However, its expensive labour and the maturity of its automotive industry, limiting the growth potential for vehicle production, as well as its unfavourable competitive landscape prevent South Korea from ranking higher on our Autos Production RRI.

South Korea's Autos Production RRI - Global And Regional Ranking

  • Regional rank (out of 13): 7th

  • Market Maturity And High Labour Cost Will Limit Performance
    South Korea & Asia Region Autos Production Risk/Reward Index By Component
    Note: Scores out of 100; higher score = more attractive market. Source: BMI Autos Production Risk/Reward Index

    This article is part of our Asia coverage. To access this article subscribe now or sign up for free trial