Impact of Covid-19 on manufacturing sector of South Korea
Abstract The entire world experienced and bore the impact of the COVID-19 pandemic, and none of the economies in the world were left untouched by it. COVID-19 impacted different sectors of the economy. Here we will discuss the impact of COVID-19 on the manufacturing sector of South Korea using macroeconomic indicators like Revenue generated through exports and the contribution of the manufacturing sector to its economy. South Korea is known for its manufacturing sector; it is especially known for the manufacturing of automobiles, semiconductors, electronics, and petrochemicals. Manufacturing sectors contribute around 30% to the GDP of South Korea, which makes it essential for us to understand the impact of COVID-19 on this s...