Talk to an expert in the North Asia region
We can help establish or grow your business in NSW, or to export products from NSW to customers in Japan and Korea.
Key contact
To be confirmed
Contact us
Tokyo, Japan office
Address
Investment NSW, North Asia Office
9F Kyobashi Trust Tower,
2-1-3 Kyobashi, Chuo-ku,
Tokyo 104-0031
Japan
Seoul, Republic of Korea office
Address
Australian Trade and Investment Commission
Australian Embassy
18th Floor Kyobo Building
1 Jongro, Jongno-Gu
Seoul 03154
Republic of Korea
Key facts
In 2021-22, Japan ranked 2nd largest source of foreign direct for NSW investment, at $33.2 billion. Korea ranked 4th valued at $15.1 billion.
Japan and Korea are home to large, affluent consumer markets seeking high-quality consumer goods and services NSW offers (food and beverage, consumer products, education).
The Korea-Australia Free Trade Agreement is one of Australia’s most comprehensive trade agreements, offering improved market access and enhanced protection for NSW businesses in the Korean market.
Opportunities
Grow in NSW
- NSW offers a safe and reliable destination for investment. The NSW economy is the largest in Australia and it has been a driver of Australia’s economic growth for decades.
- NSW’s deep-water ports, high voltage transmission capacity and renewable energy endowments provide one of the few locations across the Indo Pacific for [Japanese and Korean] investors to develop some of the first large scale hydrogen/ammonia production facilities to help meet their industrial transition needs into the 2030s and beyond.
- NSW’s critical mineral projects from upstream to downstream, including material processing and local battery industry, offer investment opportunities to support an expected growth in demand [out of North Asia].
Export opportunities from NSW
- A strong [North Asia] consumer market for premium food and beverage continues to drive demand for NSW’s clean and green, quality produce.
- As a trusted and like-minded partner, NSW provides a safe and secure market for increased engagement in emerging technologies including cyber security, medtech and clinical trials.
Join the NSW Alumni Network for Korea-Australia businesses
Last updated 12 July 2023