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South Korean exports to China plunge to three-decade low-프린트화면

South Korean exports to China plunge to three-decade low-프린트화면
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South Korean exports to China plunge to three-decade low

China’s imports of Korean goods plunged to the lowest level in three decades last year, amid the escalating Washington-Beijing rivalry and Seoul’s strategic pivot. According to data from the Korea International Trade Association on Sunday, South Korea accounted for 6.3 percent of China’s imports last year, down from 7.4 percent a year earlier. In 2022, Korea ranked second on China’s top import. ....

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Korea's trade to turn around in 2024 on tech recovery

While South Korea's trade balance is likely to record a surplus next year after three years of struggle, experts warned that the country should brace for worsening global economic instability and geopolitical complications. At a seminar held by the Korea International Trade Association on Tuesday in Seoul, experts presented outlooks for next year's export environment and trade issues related to the US presi. ....

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S. Korea becomes EU's 7th-largest source of imports: KITA-프린트화면

S. Korea becomes EU's 7th-largest source of imports: KITA-프린트화면
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S. Korea becomes EU's 7th-largest source of imports: KITA

South Korea has risen to become the European Union's seventh-largest source of imports in the first four months of this year, eclipsing Japan and Russia for the first time, according to the Korea International Trade Association on Thursday. The value of the EU's imports from Korea climbed 10.7 percent on-year from January to April while the European trade bloc’s total imports dropped 8.6 percent durin. ....

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