Logistics industry in South Korea - statistics and facts

Being a peninsula, South Korea’s geography makes it possible to utilize maritime and air transportation methods. In the modern world, logistics are a vital component for economic activity, serving as the network behind the transportation and storage of various goods and products. Classified in South Korea as a sub-category of the transportation industry, the domestic logistics industry generated revenue in excess of one hundred trillion South Korean won. In recent years, more and more people are working in logistics as the industry continues to grow to meet the needs of a multitude of companies and consumers.

Which companies lead South Korea’s logistics industry?

Overall, the majority of South Korean logistics companies operated in the transportation sector. Although the global logistics industry is led by foreign companies, there were plenty of notable South Korean companies providing logistics services in the domestic market. South Korean conglomerates proved their wide reach of business operations with subsidiaries from Hyundai, CJ, LX, and Lotte all having a strong presence in the logistics industry. Another leading logistics company in South Korea was Geo-Young, which mainly provided services for the health and pharmaceutical industry.

Express delivery in South Korea

South Koreans have been using express delivery services much more in recent years. Most of the population live in high-rise apartments and are concentrated in the national capital city of Seoul or its surrounding area. This provides an advantageous setting for express delivery to flourish. Another driving factor is the success of e-commerce companies such as Coupang.

Interesting statistics

In the following 5 chapters, you will quickly find the 24 most important statistics relating to "Logistics industry in South Korea".

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