Busan is the 2nd largest city and number one trading hub in Republic of Korea, with a population of 3.4 million and a total area of 770.2 square kilometers as of 2021. Since opening Republic of Korea’s first international port in 1876, the city has become a hub of trade, commerce and industry.

 

Global events including the Asia-Pacific Economic Cooperation conference, Busan International Film Festival and Busan International Fireworks Festival, as well as various sea-related festivals are held throughout the year. The city is also a tourist destination and home to Asia’s largest department store, Haeundae beach, and a yacht marina. Located on the southern tip of the Korean Peninsula, Busan is a historic city that served as the temporary capital during the Korean War and refuge for men, women and children fleeing the North to build new lives.