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Tag Archives: S. Korea’s exports

S.Korea’s exports expected to post negative growth this year

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SEOUL: South Korea’s exports are expected to post negative growth this year in the wake of an economic slowdown in its major trade partners including China, officials and experts said Tuesday. Exports account for about half of the nation’s gross domestic product. And the volume, including intermediate goods for processing trade, shipped to China accounts for 25 per cent of ... Read More »

S.Korea’s exports to Vietnam jumps in 2015 despite slump in overseas markets

exports

SEOUL: South Korea’s exports to Vietnam have jumped this year despite a slump in other overseas markets, industry data showed Tuesday, prompting local firms to rush to strengthen business ties with their Southeast Asian counterparts. In the first seven months of the year, exports to Vietnam surged 29.9 percent on-year, emerging as a new major destination for South Korean goods, according ... Read More »

S.Korea’s exports, imports reduce for 8 months in August

korea

SEOUL: South Korea’s exports and imports reduced for eight straight months in August on the back of weak global demand for trade and cheap crude oil, an official report said on Tuesday. Exports, which account for about half of the economy, tumbled 14.7 percent from a year earlier to $39.33 billion in August, according to South Korea’s ministry of trade, ... Read More »

S.Korea’s exports, imports reduce for 8 months in August

korea

SEOUL: South Korea’s exports and imports reduced for eight straight months in August on the back of weak global demand for trade and cheap crude oil, an official report said on Tuesday. Exports, which account for about half of the economy, tumbled 14.7 percent from a year earlier to $39.33 billion in August, according to South Korea’s ministry of trade, ... Read More »

S. Korea’s exports fall 3.3% from year earlier to $46.61b in July

exports fall

SEOUL:  South Korea’s exports shrank in July for a seventh straight month due to sluggish global demand and low oil prices, government data showed Saturday. South Korea’s exports fell 3.3% from a year earlier to $46.61 billion in July, while imports plunged 15.3% to $38.85 billion. Exports fell 3.3% from a year earlier to $46.61 billion in July, while imports ... Read More »

Waning global trade bodes ill for S. Korea’s exports

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SEOUL: South Korea’s exports are feared to face a further slowdown as global trade contracted 1.44 percent on-quarter in the first quarter of this year, the sharpest reduction in six years, industry data showed Thursday. The on-quarter contraction in the January-March period marks the strongest since the first quarter of 2009, when the world trade volume dived 11.02 percent on-quarter ... Read More »

Waning global trade bodes ill for S. Korea’s exports

global trade logo

SEOUL: South Korea’s exports are feared to face a further slowdown as global trade contracted 1.44 percent on-quarter in the first quarter of this year, the sharpest reduction in six years, industry data showed Thursday. The on-quarter contraction in the January-March period marks the strongest since the first quarter of 2009, when the world trade volume dived 11.02 percent on-quarter ... Read More »