 South Korea's industrial manufacturing capability has doubled and its export sector has grown rapidly.Its industrial strengths include large numbers of world class brand names of automobiles, electronics, LCD lighting technology, semi-conductors, and shipbuilding.Having almost no natural resources and always suffering from overpopulation in its small territory, which deterred continued population growth and the formation of a large internal consumer market, South Korea adapted an export-oriented economic strategy to fuel its economy, and in 2014, South Korea was the seventh largest exporter and seventh largest importer in the world.