Korea, South

This is the third edition of the KIET Korean defense industry statistics and competitiveness report in 2014. The main purpose of this report is to establish the basis of the Korean defense industrial statistics with an actual survey from 2008 to 2013. Moreover, it also includes the defence SME’s statistical analysis for the first time on a basis of an industrial survey in the same period.

Source: Korean Institute for Industrial Economics and Trade (KIET)

While the present international order dominated by the United States remains intact, many factors of chal¬lenges, such as the emergence of regional powers, are on the rise, calling for changes in such order. As local conflicts are still occurring and transnational threats continue to proliferate, security uncertainty in the international community is growing ever more. The magnitude of new security threats, including economic instability and the changing patterns of future wars, is also increasing.

Source: http://www.mnd.go.kr