South Korea's direct investment in the United States posted a double-digit growth last year.
According to data by the U.S. Commerce Department on Sunday, the Asian country's direct investment in the United States came to 63-point-67 billion U.S. dollars last year, up 14-point-two percent from a year earlier.
Direct investment in the United States by countries around the world grew four-point-two percent on-year during the cited period.
Direct investment, or foreign direct investment, refers to an investment in foreign business enterprises designed to acquire a controlling interest in the enterprise.
South Korea's direct investment in the United States soared to 58 billion dollars in 2018, a year after President Donald Trump took office before plunging to 55-point-seven billion dollars in 2019.
Japan made the largest direct investment in the United States last year with 647-point-seven billion dollars, followed by Canada, Britain, the Netherlands and Germany.